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Real estate players are tangled up in Lehman

Started by Joelle, November 13, 2008, 11:04:44 PM

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Joelle

Real estate players are tangled up in Lehman
      


 Before it declared bankruptcy, Lehman was one of the biggest investors of debt and equity in U.S. commercial real estate estate. But having Lehman as a partner these days is a little like climbing a staircase in an M.C. Escher drawing — you’re bound to end up where you started.
Take ProLogis for example. The [...]
         

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