>Colony Capital is expected to give up the $2 billion Xanadu project in New Jersey
Developers to Pass Xanadu Project On to Creditors
A group led by Colony Capital is expected to give up the $2 billion Xanadu project in New Jersey to its creditors in the collapse of one of the most high-profile retail developments of the real-estate boom, according to people familiar with the matter. (Pruitt, Wei, WSJ)
https://online.wsj.com/article/SB10001424052748703748904575412002911389406.html
