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PLTA is proud to offer The Wall Street Journal Commercial Real Estate News Feed for visitors

The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information in all media formats, including newspapers, newswires, databases and websites,  radio, TV/video and other multimedia programming. Dow Jones enriches the lives of millions worldwide as well as informs the decisions of corporate executives and professionals.



Bustling Crown Heights Shakes Off Strife of PastOpen in a New Window

Twenty-five years after racial violence propelled Crown Heights into the national spotlight, the Brooklyn neighborhood has become a hot real-estate market.


New Zealand Hangs 'Welcome' Sign for Foreign Home BuyersOpen in a New Window

While other countries grappling to contain frothy housing markets have moved to cool foreign investment, New Zealand boasts one of the world’s most open-door policies.


Financing Plan Reawakes American Dream Mall ProjectOpen in a New Window

Canadian developer Triple Five is hoping to restart construction next month on the long-delayed retail and amusement project in East Rutherford, N.J., called American Dream.


MAA Near Deal to Buy Post Properties for About $4 BillionOpen in a New Window

Real-estate investment trust MAA is nearing a deal to buy Post Properties for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand.


Tech Firm DoubleVerify to Expand With New LeaseOpen in a New Window

A roundup of real-estate news in the Greater New York region.


Rosendale, N.Y., Lures City DwellersOpen in a New Window

New Yorkers who had second homes in charming Ulster County town are now settling there full time.


For Some, Brooklyn's Skyline Is Just Soooo BoringOpen in a New Window

New towers have been rising, but with a few exceptions, they don’t do justice to the borough’s reputation as a creative center, design experts say.


Senior-Care Business Booms for FranchisersOpen in a New Window

Providing home-health aides and other services to older Americans is a fast-growing business, as brands and franchise owners seek to capitalize on an aging U.S. population and low costs of entry.


Activist Pressures Ratner Family to Relax Control of Forest CityOpen in a New Window

Investors are pressuring the Ratner family to loosen their grip on their nearly 100-year-old property empire, which owns high-profile urban properties such as the New York Times headquarters.


WeWork Misses Mark on Some Lofty TargetsOpen in a New Window

Six years after it was founded, WeWork has amassed a valuation of $16 billion, placing it among the world’s most valuable startups. But the shared-office-space company’s growth projections might not play out as expected.


How One Developer Learned Not to Put the House Before the HorseOpen in a New Window

When a prime piece of property came up for sale in coastal Orange County, Calif., five years ago, it was a natural draw for residential developers. But there was a catch in an area known as “the equestrian capital of the West Coast.”


Rio Projects Fail to Reach the Finish LineOpen in a New Window

Brazil’s economy was galloping when the country won the right to host the 2016 summer Olympics. Seven years later, a novel strategy to use private real-estate development opportunities to help finance the games is unraveling.


Investors See Gold in Distressed Properties in BrazilOpen in a New Window

Some international investors say there is one emerging bright side to Brazil’s woes: Distress levels for some property owners are reaching the point that they are selling at steep discounts.


Brazil's Hotels, After Olympics, Will Be Swimming in RoomsOpen in a New Window

Brazil’s hotel-industry slump is expected to continue after the Olympics, at least for the short term, and hurt the returns of the investors who have made big bets on the Brazilian economy and the hoped-for afterglow of the games.


Too Many Offices Empty After Olympic ExpansionOpen in a New Window

Some of the Olympic-related infrastructure development in Rio de Janeiro will likely add to the glut of office space in the midst of Brazil’s grueling recession.


Coach Sells Headquarters for $707 Million in Lease-Back DealOpen in a New Window

Coach Inc. sold its headquarters in New York’s Hudson Yards development for $707 million under a sale and lease-back agreement, the luxury retailer said Monday.


Facebook's Answer to Silicon Valley Housing Crunch: Build ApartmentsOpen in a New Window

Concerns about Silicon Valley’s housing shortage are turning Facebook into an apartment developer.


Excess Rooms Push Hotel Owners to Cut Rates in ChinaOpen in a New Window

A glut of hotel rooms in Chinese cities is forcing owners to slash rates in a bid to attract customers.


EverBank in Talks to Be Acquired for $2.5 BillionOpen in a New Window

EverBank said it is in advanced negotiations with a financial services firm to be acquired for roughly $2.5 billion, potentially leading to one of the biggest banking takeovers since the financial crisis.


LaSalle Earmarks Big Loan for North London CondominiumsOpen in a New Window

LaSalle Investment Management said it will lend £110 million for a residential development in Finsbury Park, north London—one of the largest property-financing deals in the U.K. since the country voted to leave the European Union.


Investors Go Bargain-Hunting for U.K. PropertyOpen in a New Window

Global investors are on the hunt for U.K. property bargains, expecting that Brexit-fueled economic turmoil could weaken real-estate values. The drop in the value of sterling has only increased the appeal.


Big Chinese Developers Push Into Hong Kong MarketOpen in a New Window

China’s property developers are aggressively bidding for prime public land in Hong Kong as competition heats up in a sector where Asia’s wealthiest tycoons built their fortunes.


Arkansas Bank Fills a Lending VoidOpen in a New Window

Bank of the Ozarks has stepped into a void left by bigger banks that have pulled back from commercial lending in recent months amid softness in big markets such as New York and Houston.


Wells Fargo's Response to Brexit? Buying in London's Financial DistrictOpen in a New Window

Wells Fargo agreed to spend about $400 million on a new property in London and consolidate its operations there, a move that comes just under a month after U.K. voters chose to leave the European Union.


After East New York Zoning Change, City Pushes Job GrowthOpen in a New Window

An industrial tract in East New York is the linchpin of a plan by Mayor Bill de Blasio to bring more jobs and affordable housing to one of the city’s poorest neighborhoods.


Newmark Hires Fred Smith From Cushman & WakefieldOpen in a New Window

Newmark Grubb Knight Frank, has lured Fred Smith, an office leasing broker who had worked at Cushman & Wakefield for 31 years, to be a vice chairman in its New York office.


Opponents Seek to Stop Government's Sale of Plum IslandOpen in a New Window

The 840-acre island, just off the eastern tip of Long Island’s North Fork, is home to rare plant species, endangered birds and a few conspiracy theories.


Re-Imagining the Former Toys 'R' Us Store in Times SquareOpen in a New Window

Hidden behind a wooden construction wooden facade in Manhattan’s Times Square is the skeleton of the former flagship Toys “R” Us store, now being converted into locations for Gap and Old Navy.


Plenty of Room: Co-Working Office-Space Business Takes OffOpen in a New Window

The co-working business is mushrooming, with new locations popping up in old warehouses and new skyscrapers alike, as small and medium-size businesses opt for work spaces where members share common spaces.


Brexit Adds Chill to Slumping Commercial Property SectorOpen in a New Window

Wall Street is bracing itself for what could be a prolonged slump in the commercial real-estate-services sector, as Brexit’s repercussions ripple through the market.


Shoppers Are on Alert for More Than Bargains at MallsOpen in a New Window

Consumers and mall landlords are paying more attention to security issues amid the spate of shootings in public areas in recent months.


Mall Owners Push Out Department StoresOpen in a New Window

Once the linchpin of American shopping malls, department stores are being displaced by newer types of retailers that do a better job of driving shoppers to the centers and lifting overall mall sales.


Developers Turn to Materials of Old to Stand Out in Modern EraOpen in a New Window

Some developers in New York City are increasingly relying on terra cotta and other materials used extensively in the construction of buildings in the late 19th and early 20th centuries.


An Industrial Alley Gets New Life as Leafy LaneOpen in a New Window

Once a passageway for trucks, the gated walkway runs behind the Printing House condominium in the West Village.


In a Post-Brexit World, Will Ireland's Real-Estate Rush Fizzle?Open in a New Window

Ireland’s commercial-property market is suddenly looking more subdued after Brexit. Some of the negative impact will likely be felt by NAMA, the so-called bad bank formed to manage troubled real-estate assets.


Will Ireland's Hotel Boom Slow After Brexit?Open in a New Window

Ireland’s hotel industry is going through its biggest boom since the global economic downturn. But the surprise vote by the U.K. to leave the EU raises questions about whether conditions in the hotel industry will stay rosy.


Ireland's Thriving Retail Landlords Face Threat From BrexitOpen in a New Window

Ireland’s market for retail properties has been strong, with store sales and rents climbing amid a healthy economy, but the U.K.’s decision to leave the EU could hurt the sector.


A Silver Lining for Irish Office Sector Post-Brexit?Open in a New Window

The U.K.’s surprise vote last month to leave the EU will likely create a short-term slowdown in deal activity in Ireland’s office market, but analysts say that landlords and investors actually may benefit in the long term.


Standard Life Suspends Trading in U.K. Property Fund, Citing Brexit WithdrawalsOpen in a New Window

Standard Life Investments has suspended trading in the £2.9 billion Standard Life Investments U.K. Real Estate Fund and its associated feeder fund.


Brexit Vote Casts Shadow Over London Building BoomOpen in a New Window

Goldman Sachs’s London headquarters is one of at least 20 new buildings being built by foreign financial-services companies. While most say that they haven’t changed their mind on construction yet, their sites are a symbol of post-Brexit risks for the finance industry and for Britain.


Underground Library in Manhattan Rewrites Design RulesOpen in a New Window

The new public library on West 53rd Street in Manhattan might be mistaken for a SoHo boutique. The New York Public Library’s signature lion logo is the only giveaway that books are inside.


Larchmont Residents Rush to Save TheaterOpen in a New Window

With the 83-year-old Larchmont Playhouse up for sale, a group of residents of the town northeast of Manhattan are raising money and trying to find a way to keep the theater going.


Brexit Vote Roils Real-Estate MarketsOpen in a New Window

Investors are dumping property shares in Britain and developers are reassessing projects following the U.K. vote to leave the EU.


Chinese Buyers Look Again at U.K. PropertyOpen in a New Window

As turmoil continues to grip U.K. markets, some in China are beginning to eye British property for potential bargains.


GIC in Talks to Buy Owner of Manufactured-Home CommunitiesOpen in a New Window

Singapore sovereign-wealth fund GIC is negotiating to acquire Denver-based Yes Communities, an owner of manufactured-housing communities, in a deal valuing Yes at more than $2 billion.


Classic Waldorf Hotel to Be Gutted, Up to 1,100 Rooms Turned Into CondosOpen in a New Window

The Chinese acquirer of New York’s Waldorf Astoria is finalizing plans for an extensive overhaul that would shut the landmark hotel for up to three years and convert as many as three-quarters of its rooms into private apartments.


Appetite for Casual Restaurants Grows Among City Building OwnersOpen in a New Window

As fast-casual restaurants, juice shops and gourmet coffee bars have been expanding their presence in Manhattan, they are finding a receptive audience not only among consumers but also building owners.


A New Generation Takes the Helm at the William Kaufman OrganizationOpen in a New Window

After Robert Kaufman died earlier this year, his grandson, Jonathan Iger, took sole control of one of New York’s real estate dynasties.


Trump No-Show Earns City's Ire in Bench BattleOpen in a New Window

New York City officials fined Donald Trump $10,000 after his representatives failed to show up at a hearing to explain why a bench remained missing from the Trump Tower lobby.


Rising Supply Pressures Urban Rental BoomOpen in a New Window

After a five-year boom in which rents have jumped by about 20% nationwide, some of the nation’s biggest cities—New York, San Francisco, Seattle and Boston among them—are beginning to see slower increases.


IKEA Plans Upgrades, Expansion in RussiaOpen in a New Window

IKEA Centers Russia plans to invest about $2.1 billion to redevelop its portfolio of 14 properties in the country anchored by the namesake furniture retailer.


REIT Sector Gets Lower Marks on Pay PlansOpen in a New Window

The real-estate investment trust industry, which has gotten high marks in recent years for adopting compensation programs that investors like, has suffered a bit of slippage in 2016.


U.K. Property Market Braced for BrexitOpen in a New Window

If Britons vote to leave the European Union on Thursday, real-estate prices—from homes to London office towers—are expected to drop, but a weaker pound could spur a buying spree among foreign investors.


Rudin Family's New Firm Offers Tech to Run BuildingsOpen in a New Window

The Rudin family has launched a company called Prescriptive Data that offers an operating system designed to be a building’s “brain.”


Online Retail Gives Industrial REITs a LiftOpen in a New Window

Investors in recent years have been ho-hum about online shopping’s potential as a growth engine for companies that own warehouses and distribution centers. Now Wall Street is giving that a rethink.


Hong Kong Builders Embrace Art, DesignOpen in a New Window

Real-estate developers are seeking more flair to differentiate themselves in a crowded market.


Airbnb Will Collect Hotel Tax for Hosts in ConnecticutOpen in a New Window

Airbnb has reached an agreement with Connecticut to collect hotel taxes on behalf of people who rent their homes using the short-term rental business.
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