When a Goldman Sachs representative called Mark Schurgin, president of Los Angeles-based The Festival Cos., two years ago, the caller wanted to discuss starting a fund. Schurgin's reaction was decisive: Not interested. Despite the rebuff, the...
The commercial paper market is in disarray, real estate lending has ground to a halt in many markets, and mortgage brokers everywhere are running for cover. But not Cohen Financial Corp. in Chicago. CEO Jack Cohen is opening new offices, hiring...
Amid the slowing economy, flagging housing market and unfolding credit crunch, neighborhood and community center REITs posted lackluster results during the third quarter, suffering as consumers reined in spending. Still, the sector as a whole is...