CHICAGO-Buyout firm Blackstone Group LP will acquire shares worth $500 million from GGP once the latter emerges out of Chapter 11 bankruptcy.

DALLAS-North Texas home prices were up 1% in July 2010 from July 2009 due to a sharp increase in the sale of high-end homes.

NEW YORK CITY-The New York attorney general's office is reviewing the agreement signed between the principal lender Anglo Irish Bank and the developer group headed by Africa Israel USA for high-end residential complex Apthorp's condominium conversion plan.

WASHINGTON, DC-The Federal Reserve declared last week that the proceeds from its huge mortgage bond portfolio would be reinvested.

NEW YORK CITY-According to Zillow.com, a realty website, homeowner confidence was down in the quarter ended June 30, 2010.

NEW YORK CITY-A survey conducted by PropertyShark.com has listed the cheapest homes in the New York City housing market.

NEW YORK CITY-The sale would give primary control of troubled loans in the pool to H/2 Capital Partners LLC, the buyer of the bottom $50- million slice.

DALLAS-Morton's Restaurant Group Inc. is planning to open a new steakhouse in trendy Uptown in Dallas' West End district, nearly a mile away from its chop house.