debt payments

Anthracite Capital Inc. on Tuesday said it defaulted on debt payments, and the specialty finance company may not be able to continue to operate.

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Facing mounting debt payments and lagging demand for office space, Maguire Properties Inc. has sold a 19-story office high rise in Southern California to another real estate investment firm for $160 million — a discount of roughly 35 percent.

Owners of luxury hotels, facing debt payments, sometimes want their operators to raise revenue by cutting room rates — a move operators resist because it cheapens the brand.