Real Estate News
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Donald Trump agreed to pay $170 million for Miami’s Doral Golf Resort & Spa, a luxury property put into bankruptcy earlier this year by hedge fund Paulson & Co. and Winthrop Realty Trust.
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“Every movement has a lunatic fringe,” blares a headline in Restoration Hardware Inc.’s 616- page fall catalog, a reference to Theodore Roosevelt’s famous line about anarchists.
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Patrick McKillen, who holds 36 percent of Maybourne Hotels Ltd., sued fellow shareholders David and Frederick Barclay in a dispute over a deal involving the landmark London hotel operator’s debt.
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Evergrande Real Estate Group Ltd., China’s second-biggest developer by sales, was fined for filing inaccurate financial statements and underpaying taxes in a case that highlights accounting weaknesses at the nation’s companies.
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