The battle with Equity Residential (NYSE: EQR) for control of Archstone is apparently nearing an end. Lehman Brothers Holdings Inc. announced it has exercised its right of first offer to purchase the remaining stake in the apartment company held by affiliates of Bank of America and Ba

Archstone New Development Holdings acquired the 5.78-acre Archstone Palmetto Promenade site in Boca Raton, Florida from Fifth Third Bank for $ 20.125 million, or about $ 3.5 million per acre. The 18-parcel site fronts E. Palmetto Park Road and spans NE 3rd and 4th Avenues. The site wa

Lehman Brothers is seeking bankruptcy court approval to outbid Equity Residential for a stake in Archstone as analysts puzzle over the apartment owner’s true value. National Real Estate Investor

Lehman Brothers will try to hold on to its $ 22 billion investment. National Real Estate Investor