As the Depression deepened the real estate subsidiary accumulated huge losses, so in September 1932 the holding company declared bankruptcy.

Sometimes tenants even create real estate subsidiaries, and ask the brokers to split fees with them.

They do not have a real estate subsidiary, nor have they ever had an Ashley Harper work for them.

Gran Central, a real estate subsidiary, has built a portfolio of high-end office complexes and industrial buildings.

The company is facing the question of whether to unload its main real estate subsidiary.

Much of that property has either been developed by the railroads' own real estate subsidiaries or gone to rail holding companies.

Now the company faces a difficult decision of whether to unload its primary real estate subsidiary.

Its real estate subsidiary, Balcor, has many dubious assets on its books, and a large write-off is expected.

Lincoln Village was started in 1955 as a planned community by a real estate subsidiary of Nationwide Insurance.

Included in the charges is $200 million for estimated losses at the Balcor Company, a real estate subsidiary.