New Resorts Owners Roll Dice Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is declining and customers are being siphoned off to Pennsylvania venues. More... — WSJ.com: Real Estate
Citigroup Gets Burned in the Caribbean The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years. More... — WSJ.com: Real Estate
Corio's Turkish Strategy Stumbles The Dutch company's expansion has yielded disappointing results due to the weak economy, competition and the difficulties of exporting Western shopping concepts to a country steeped in different traditions. More... — WSJ.com: Real Estate
