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Forest City posts quarterly profit, revenue falls
Reuters   Wednesday, 07 June 2006
Reuters - Property developer Forest City Enterprises Inc (FCEa.N) said on Tuesday that its first quarter earnings rose even as revenue fell slightly.
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Fed's Bies warns banks on real estate lending
Reuters   Tuesday, 06 June 2006
Reuters - U.S banking regulators are warily eyeing concentrations of commercial real estate loans and worry some institutions may not be preparing for risks associated with such loans, Federal Reserve Governor Susan Bies said on Tuesday.
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Realtors see lower US home sales
Reuters   Tuesday, 06 June 2006
Reuters - The National Association of Realtors on Tuesday lowered its forecast for U.S. home sales in 2006 and called on the Federal Reserve to stop raising interest rates because parts of the housing market are "vulnerable."
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Brookfield Properties buys Trizec firms
AP   Tuesday, 06 June 2006
AP - Brookfield Properties Corp. said Monday it will acquire Trizec Properties and its Canadian arm for $4.8 billion in a commercial property deal creating one of North America's largest landlords.
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