Colony Capital News

The push is on to turn single-family rental homes into an asset class that can be bought and sold on Wall Street.

A New York appeals court has ruled in favor of the former developer of the Meadowlands Xanadu shopping and entertainment project in East Rutherford, N.J., overturning a lower court ruling and giving the former developer the right to recover $600 million in damages against a Lehman Brothers affiliate which cut off the promised construction financing ... (more)

The world's largest media and entertainment conglomerate, The Walt Disney Company, has reportedly agreed to sell its film unit, Miramax Films, to a consortium of investors for $675 million.

UPDATED: The two sides reach an out-of-court accord over Bergstein's claims he was owed a rich fee for orchestrating the Colony Capital-led purchase of Miramax from Disney Filmyard Holdings LLC, the group that acquired Miramax from Disney, has reached an out-of-court settlement with David Bergstein that ends the suit he filed April 9 in Los Angeles ... (more)