Last Updated: August 25, 2008 12:55pm ET

Gates Buys Over 5% of Strategic Hotels Stock

CHICAGO-Through his Cascade Investment LLC arm, the billionaire has purchased almost 3.9 million shares of this local REIT.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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