General Growth Properties. and Ashkenazy Acquisition are paying $280 million for a 20% stake in the company that owns much of this city’s Design District, betting on the emerging luxury-retail neighborhood as some 50 brands prepare to open new stores.
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.
Advocates of affordable housing and for design innovation cheered in 2011 when Forest City Ratner unveiled plans to push “modular” construction techniques with a Brooklyn apartment tower. But now Forest City and construction company Skanska USA are suing each other over B2 BKLYN.
Casino gambling may soon be added to the list of campus vices in New York, drawing anticipation from college students and concern from legislators and school officials.
Denihan Hospitality Group is focusing on expansion as it rides the strong hotel market in New York and looks to a new generation of the Denihan family.
Homes in the U.K. capital have been among the hottest global assets in recent years, but signs continue to suggest the heat is escaping.
Long Island is seeing a boomlet in alternatives to the long-treasured single-family home, from rental buildings near transit hubs for young people to multistory condo developments often aimed at empty nesters.
Wells Fargo, the largest U.S. commercial-property lender, is pushing deeper into Europe amid worries about the strength of the U.K. market and as eurozone countries slide toward recession.
The average charge on a 30-year fixed-rate loan is the lowest since June 2013.
Three U.S. agencies signed off on relaxed mortgage-lending rules, helping complete a long-stalled provision of the 2010 Dodd-Frank financial law.
New York Life Insurance has agreed to commit up to $100 million for the first fund of Jaguar Growth Partners, a new private-equity firm established by former executives of Sam Zell’s Equity International.
After more than a year of uncertainty, a third tower at the World Trade Center site appears poised to rise thanks to an unlikely catalyst: a turnaround in the market for municipal bonds.
When APF Properties was seeking a partner to acquire an office building in Houston’s ritzy West Loop/Galleria area, it was turned down by 60 investor groups. A year later, it has proved to be one of the best investments in the 19-year history of the New York firm.
San Francisco’s ability to nurture homegrown technology companies and lure larger ones from Silicon Valley has been a modern-day gold rush for the city’s property owners. So far, though, the spoils haven’t reached the city’s neighbors across the bay.
Regional Hotel Brand Red Lion said it is launching a new brand aimed at young, design-conscious travelers.
After a false start that set back its plans at least two years, Hilton Worldwide Holdings is launching a boutique-hotel chain that aims for a wider audience and lower room rates than some direct competitors.
New York University has scored a court victory that could allow it to move forward with its plans to build about 2 million square feet of new facilities in Greenwich Village.
The state’s highest court weighed in Tuesday on a dispute over a plan by a bankruptcy trustee to sell the rent-stabilized apartment of an 80-year-old East Village woman to her landlord.
Mortgage rates this week fell to their lowest level since June 2013, mortgage-finance company Freddie Mac said Thursday, as the jitters being felt in the stock and bond markets ripple throughout the economy.
Renwick Street, one of a few, largely hidden one-block streets in Manhattan, is coming out from the shadows with a burst of new development construction.
As foreign investors and pension funds push up prices for top-quality, low-vacancy office buildings, Boston Properties, one of the nation’s largest owners of existing office space is shifting gears.
The weak Stamford, Conn., office leasing market is creating a headache for 400 Atlantic St., an office tower operated by Landis Group.
Sales of office buildings in Germany are on track to hit their highest level since 2007, but concerns are increasing that the country’s slowing economy will put a damper on deals.
Investors are backing away from nontraded real-estate investment trusts, a corner of the property market that had been a money magnet.
A well-known father-son investment team has joined forces with a former Blackstone Group managing director to raise more than $750 million for a new real-estate debt fund.