Resort development company filed for Chapter 11 to facilitate the sale.
Hedge funds including Pershing Square Capital Management have committed $8.55 billion in capital.
Private equity owners of the gaming group are the big losers while creditors lay claim to its assets.
The Canadian pension takes a general partnership stake in the NY real estate development alongside the Related Cos.
The private equity firm continues its spring deal spree by acquiring the modular home manufacturer.
Commercial real estate remains a white-knuckle ride, though some deal pros believe they've found a bottom.
As commercial real estate crumbles will landlords become buyers of retailers to stave off vacancies?
Hypo Real Estate was on the brink of bankruptcy, according to published reports, but the German bank was rescued by a consortium of its peers.
Red Lion Hotels and Elk Horn Coal Corp. hit the market, while select names in the retail space are struggling to find a buyer.
Taking stock of what dealmakers are looking at