How might Lehman Brothers’ investment in a large REIT have contributed to its bankruptcy?
For most of 2007, Archstone was the second largest publicly-traded apartment real estate investment trust (REIT) in the United States. What challenges did Archstone subsequently face after it became Lehman Brothers’ largest commercial real estate investment? How might Lehman’s Archstone positions have contributed to its bankruptcy less than one year after the Archstone buyout and what restructuring options would best serve both organizations?
Case ID: 141701
Buy select cases through The Case Centre, Ivey Publishing and Harvard Business Publishing.
Contact us by e-mail at Columbia CaseWorks or 212-853-8585.