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AIMCO absorbs Q4 loss
Apartment Investment and Management Co. sustained a net loss in the fourth quarter because of items such as lower gains in dispositions and higher interest expense. (AIV) feeds.bizjournals.com
Home price plunge accelerates
The decline in residential real estate accelerated though the end of 2007, and home prices in 20 key markets plunged 8.9% for the year, according to a survey released Tuesday. money.cnn.com
Men's Wearhouse beats analysts' expectations
The Men's Wearhouse Inc. beat its predicted fourth-quarter earnings, but weaker sales still caused profits to fall nearly 72 percent. (MW) feeds.bizjournals.com
Dadeland office complex sold, to be renovated
The 1970s-era Dadeland Towers North is getting a $20 million glass facelift as part of a Philadelphia-based company's entry into the South Florida commercial market. feeds.bizjournals.com
Brookfield Letter May Aid Maguire CEO
The efforts of Robert Maguire III to buy a sizable portion of the company he founded may be bolstered by a letter from Brookfield, offering to purchase his company's Los Angeles properties for nearly $750 million. online.wsj.com