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Wall Street Bull
News

After 8 Years, Lehman Brothers Sells Off Last Real Estate Holding

Lehman Brothers finally unloaded the last of its real estate investments—eight ... retail locations in DC’s Union Station.Despite the sale, Lehman Brothers should still have some $400M left in commercial real estate ...

Jun 29, 2016
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JP Morgan Settles $2.5B Of Lawsuits With Lehman Brothers, Ambac
News

JP Morgan Agrees To Pay $2.5B To Settle Lawsuits With Lehman Brothers, Ambac

...  $2.5B in separate settlements to Lehman Brothers ($1.42B) and bond insurer Ambac ($995M). Lehman Brothers (pictured) sued JP Morgan in ... itself ahead of other creditors in Lehman's bankruptcy. The demise of Lehman Brothers—once the nation's fourth-largest ...

Jan 26, 2016
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wall street
News

Lehman To Pay Out Another $1.6B To Creditors This Week

... financial crisis more than seven and a half years ago, Lehman Brothers announced it will pay $1.6B to creditors this week ... of that going to third-party, non-Lehman claims, the Wall Street Journal reports.Lehman Brothers told the US Bankruptcy Court in a ...

Mar 28, 2016
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LCOR Hires Former Lehman Brothers Executive As New CEO
News

LCOR Hires Former Lehman Brothers Executive As New CEO

... it's Anthony Barsanti, formerly of Lehman Brothers. Barsanti was managing director of real estate for Lehman, and in the period between the ... had previously worked closely with Barsanti while he was at Lehman. [PBJ]

May 26, 2016
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Anthony Westreich  Phil Cyburt Monday Properties
News

Monday Properties Hires Former Lehman Brothers Exec To Lead West Coast Expansion

... leading Laurus, Cyburt served as interim CEO of Lehman Brothers Holdings' real estate division. Following Lehman's bankruptcy filing, the firm retained Monday ...

Feb 17, 2017
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LEHMAN WORKOUTS
News

LEHMAN WORKOUTS

... US for its institutional lending clients, including Lehman Brothers, which held more than $600 million in ... them has had a hand in the Lehman workouts, which have ranged from a five ... Alaska and a horse ranch in Montana for Lehman. (We hadn’t realized the NYC ...

Mar 26, 2010
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How Real Estate Killed Lehman
News

How Real Estate Killed Lehman

... a significant concern for investors and creditors," Lehman said at the time. "Therefore, Lehman Brothers believes that it is in the best ... worthless and the debt needed to be written down too. Lehman Brothers eventually sold Archsone for $16B in 2012.On a ...

Sep 12, 2018
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15 Years After Lehman Went Under, Its Real Estate Loan Book Still Isn’t Unwound
News

15 Years After Lehman Went Under, Its Real Estate Loan Book Still Isn’t Unwound

... placed into administration in London. The three outstanding Lehman loans are secured against Italian office properties that ... valuation having been estimated.  Meanwhile, the administration of Lehman’s European subsidiaries also remains ongoing. While their ...

Sep 11, 2023
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Evergrande project
News

Evergrande Isn’t Lehman — It's A Lesson In How To Think About China

... debt default or total collapse of Evergrande could cause a Lehman-style financial contagion and credit crunch are receding, but ... .  Evergrande isn't as interconnected in financial markets as Lehman was. Most of its debt is held by domestic Chinese ...

Sep 27, 2021
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No Rush, Everyone: $291M Lehman Real Estate Loan Gets Restructured 14 Years After it Was Issued
News

No Rush, Everyone: $291M Lehman Real Estate Loan Gets Restructured 14 Years After it Was Issued

... was originally issued. The loan in question was written by Lehman Brothers in April 2007, one of the late-cycle real estate ... Italian real estate market, added to the complexity of unwinding Lehman’s debt positions and the fact that Italian debt workouts ...

Oct 13, 2021
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