Across California, thousands of mobile home owners are confronting the question of whether to buy their lots. An estimated 30 California parks have begun owner-initiated conversions, and supporters and critics of the process say scores of California’s 4,822 mobile home parks could soon take the same step.
Park owners call the “condo-conversion” process a win-win situation [...]

PARIS - Carrefour, the European answer to Wal-Mart and the world’s second-largest retailer, is in play.
It is a classic story, involving generational tensions, a senior executive summarily dismissed and pressure from powerful investors hunting for profit. But it is also a very French story because the value of the treasure at the tale’s core — [...]

Rayonier Inc., a forest products company, said fourth-quarter earnings slid 2 percent on lower wood products sales, hurt by weak prices.
Rayonier, which owns forest land, makes specialty fibers and operates real estate holdings, said net income slipped to $55.3 million, or 71 cents per share, from $56.4 million, or 73 cents per share, last year.
Income [...]

Forest products company Rayonier Inc. said Tuesday it sees 2007 first-quarter earnings falling slightly below last year’s results, as the continued housing slowdown depresses prices for its wood products.
Rayonier said lower timber earnings will push first-quarter results “slightly below” first-quarter 2006 levels, when the company earned 30 cents per share. Analysts are currently looking for [...]

Duetsch lives in the posh penthouse at the Trump Park Avenue, which he rents from pal Donald Trump while his 13,000-sqare-foot limestone on the Upper East Side is undergoing renovations. Media mogul Rupert Murdoch and New York Yankee Alex Rodriguez are among his many celebrity neighbors at the Trump Park Avenue. The penthouse has a [...]

American Real Estate Partners LP, owner of real estate holdings including condominiums, golf courses and casinos, said Thursday it swung to a profit in the third-quarter, helped by revenue from its recently acquired home fashion segment.
Quarterly net income totaled $103.1 million, or $1.63 per limited partnership unit, from a year-ago loss of $126.1 million, or [...]