Condo King Corus Weighs Its Options

The bank that funded a big part of the condominium boom is considering selling all or part of itself as rising defaults force it to seek capital.

Corus Bankshares Inc., a symbol of the exuberance for glass-and-steel condo towers from Miami to Los Angeles, reported a $260.7 million quarterly loss late Friday and said that more than one-third of its $4.1 billion in outstanding loans were...