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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.


 

 

Los Angeles Rams' Stan Kroenke to Buy Vast Texas RanchOpen in a New Window

The 535,000-acre Waggoner ranch will be sold to billionaire Los Angeles Rams owner Stan Kroenke in a deal approved by a court Tuesday. The terms weren’t disclosed, but the property had been listed for $725 million.

 

WeWork Shoots the Works With Expansion PlansOpen in a New Window

WeWork is embarking on a growth spurt, with the help of nearly $1 billion in investment, as it rapidly expands around the world—and beyond mere office space.

 

Northern Ireland Military Site Slowly TransformsOpen in a New Window

Ebrington Barracks in Northern Ireland was a military base for more than 160 years. Plans are moving ahead to transform the property into a hub of hotel space, offices and shops but progress has been slow.

 

Firms Dig Deeper Into Debt MarketsOpen in a New Window

Two well-known managers of private-equity funds are pushing further into debt investments partly in a bid to take advantage of the opportunities created by recent upheaval in the global capital markets.

 

The Office Buildings That Welcome BeesOpen in a New Window

Bee scientist Noah Wilson-Rich heads Boston’s Best Bees Co., which has installed honeybee hives atop hundreds of commercial properties around the country.

 

What to Do With Abandoned Suburban Offices?Open in a New Window

U.S. companies are pulling their headquarters out of suburban campuses and moving to downtown high-rises, giving cities an economic jolt. But figuring out what to do with the offices left behind is a quandary for civic leaders and landlords.

 

Brixmor Top Executives Manipulated FinancialsOpen in a New Window

Brixmor Property Group on Monday revealed that top executives had manipulated financial results to show consistent income growth and that its chief executive and other officials have resigned.

 

Terraced Tower Set to Rise Near the High LineOpen in a New Window

At the northern end of the High Line, Tishman Speyer is aiming to extend the park’s wild, natural beauty 65 stories into the air with a $3 billion-plus office tower.

 

Midtown South Office Towers Attract Big InvestmentOpen in a New Window

Jamestown LP’s deal to buy a 49% stake in 63 Madison Ave. and 200 Madison Ave. is expected to close within days and is among the first big New York City commercial property deals of 2016.

 

John Tishman, New York Real Estate Developer, Dies at 90Open in a New Window

The builder, whose company worked on some of the most high-profile developments in the country, including the World Trade Center in New York, died Saturday at his home in Bedford, N.Y.

 

Fashion Comes to the TableOpen in a New Window

The design studio of fashion innovator Issey Miyake teams with Finnish firm Iittala to produce unique tabletop décor.

 

Saudi City of Jeddah Aims to Build World's Tallest TowerOpen in a New Window

The builder of the world’s future tallest tower hopes it will redefine the cityscape in this desert region and project the Saudi kingdom’s ambition to be a global powerhouse.

 

Big Property Firms Look to Expand in Saudi ArabiaOpen in a New Window

The world’s biggest commercial property firms are seeking to expand in Saudi Arabia at a time when the kingdom’s economy is going through a rough spell trying to reduce the country’s historical oil dependence.

 

Problems Dog Development of Saudi Planned CityOpen in a New Window

The slow development of King Abdullah Economic City underscores the challenges to economic development in Saudi Arabia that go beyond the country’s current economic downturn brought on by the plummet in oil prices.

 

New York City Developers Pour It OnOpen in a New Window

Hundreds of architects and developers rushed to obtain building permits and begin construction in December, before the expiration of a New York City property-tax abatement program known as 421-a.

 

Citigroup to Buy Tribeca Complex for $2 BillionOpen in a New Window

Citigroup Inc. is doubling down on its commitment to downtown Manhattan, exercising an option to pay $2 billion for the Tribeca buildings it has just established as its global headquarters.

 

Investor Urging FelCor to Sell Three New York HotelsOpen in a New Window

Activist investor Jonathan Litt is launching a campaign to push FelCor Lodging Trust to sell three prime New York City hotels and explore a sale of the entire company.

 

Plans for Meadowlands Casino AdvanceOpen in a New Window

The real estate tycoon behind the proposal to build a $1 billion casino at the Meadowlands said he plans to pursue the project, despite legislation that would put him at a disadvantage because he doesn’t have an Atlantic City casino license.

 

News Corp, 21st Century Fox Drop World Trade Center PlansOpen in a New Window

After announcing a tentative plan last year to move to 2 World Trade Center, the media companies decided to keep their headquarters in midtown Manhattan until 2025.

 

New York City Property Values SurgeOpen in a New Window

New York has become a trillion-dollar city, according to city tax assessors.

 

How to Profit From Rising Rents: Build ApartmentsOpen in a New Window

After six years of rising apartment rents in U.S. cities, investors from all corners of the real-estate industry are piling into new projects in a bet the boom still has a long way to run.

 

Hotelier Turns Over a New Leaf With SoHo ProjectOpen in a New Window

Property developer Aby Rosen has a reputation for ruffling feathers when competing in rough-and-tumble New York City real-estate circles. But with his latest project in SoHo, he is playing nice this time.

 

For Vereit, Rising From Ashes of Scandal Takes a WhileOpen in a New Window

A year into Glenn Rufrano’s plan to turn around Vereit, formerly American Realty Capital Properties, the new CEO has installed outsiders in key positions and sold off $1.4 billion of assets. But its continuing struggles in regaining investor trust underscore the damage from an accounting scandal.

 

Housing Regulator Closes Loan Loophole Used by REITsOpen in a New Window

A top federal housing regulator shut the door on mortgage investors who had been using a loophole to access low-cost, government-backed financing.

 

Sovereign-Wealth Funds to Invest $380 Million in Italian PropertyOpen in a New Window

Sovereign-wealth funds are picking up Italian real estate as the nation’s economy recovers.

 

Is Your Macy's Closing?Open in a New Window

Macy’s said it is closing about 40 of its roughly 770 existing stores. Four of the stores were recently closed and the remaining 36 will be shut early this year. See if your local store is on the list.

 

A High-Rise Plan Kills High for Ken Kesey FansOpen in a New Window

Real-estate developers in Eugene, Ore., have proposed building an apartment complex. To do it, they want to level the public park that hosts a statue of author Ken Kesey, one of the city’s most famous cultural exports.

 

Mall Owners, Retailers Bullish on Debt-Ridden Puerto RicoOpen in a New Window

Puerto Rico’s government is struggling to pay its bills. But mall owners and retailers are betting that consumers on the island will keep on spending.

 

Puerto Rico Aims to Solve Its Affordable-Housing CrisisOpen in a New Window

Puerto Rico’s Department of Housing is launching a trial program that is going to be using an affordable-housing tool that has been effective in other parts of the U.S. for years.

 

Investors Hope for Revival in Puerto Rico's Santurce AreaOpen in a New Window

Real-estate investors are trying to spur a transformation in a storied part of San Juan called Santurce that is scarred by decades of social upheaval and economic woe.

 

Brookfield Buys Berlin's Potsdamer PlatzOpen in a New Window

Brookfield Property Partners has bought another major slice of a European capital city, in partnership with a sovereign-wealth fund.

 

Jamaica Is Pegged as Next NYC Hot SpotOpen in a New Window

The city’s hottest neighborhood for 2016? Forget Tribeca—it’s strictly for dinosaurs. Bushwick? So last year. No, the new red-hot hood is Jamaica, Queens, the middle-class, largely immigrant community just north of JFK Airport.

 

Crown Heights Turns Its Image AroundOpen in a New Window

The central Brooklyn neighborhood once synonymous with crime attracts home buyers and renters looking to pay less than in nearby areas.

 

Chinese Developers Build in America, but Look for Buyers at HomeOpen in a New Window

Commercial property development has long been a local sport in the U.S. Now Chinese developers are trying to turn that model around, converting demand from China into Chinese-built condos an ocean away.

 

Real-Estate Stocks Hope for Savior in IndexesOpen in a New Window

After a weak year for real-estate stocks, the industry is hoping that attention from a new set of index-focused investors will send more money flowing its way in 2016.

 

Commercial Property Firms Set for More Deals in 2016Open in a New Window

The world’s largest commercial real estate-services firms cranked their mergers and acquisitions engines into high gear in 2015 and will likely keep their feet on the gas well into the new year.

 

China Regulators Look Into Vanke Takeover TussleOpen in a New Window

Chinese regulators are looking into a high-profile takeover battle for China Vanke, a spokesman for the country’s securities regulator said.

 

Hilton to Spin Off Hotel Properties Into REITOpen in a New Window

Hilton Worldwide Holdings Inc. plans to spin off its hotels into a real-estate investment trust, a move that has become popular among casino, restaurant and retail companies looking to slim down and boost their stocks.

 

Rent Your Place on Airbnb? The Landlord Wants a CutOpen in a New Window

Three of the nation’s largest landlords have held discussions with Airbnb about allowing apartment dwellers to market rooms through the company’s global network in exchange for a slice of the revenue.

 

Beyond Property: Chinese Developers Look to DiversifyOpen in a New Window

More developers see no end to the pain in Chinese real estate and are looking to get out. Other developers are branching off into everything from banking to cosmetic surgery to women’s soccer.

 

Developers Jump Into Philadelphia Apartment MarketOpen in a New Window

Philadelphia has an apartment shortage—and big developers are starting to fill the void. Houston-based property giant Hines is teaming up with a local developer on a 322-apartment tower in the Center City neighborhood.

 

LeFrak Rides Wave of Waterfront DevelopmentOpen in a New Window

The LeFrak family and other developers are coming up with new ways to satisfy what seems to be an insatiable demand for downtown waterfront living while complying with new concerns about flooding and other environmental issues.
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2/23/2016
PLTI - Surveys - KOP - February 23, 2016

3/9/2016
PLTA Western Mid-year Meeting - Coraopolis - March 9, 2016

3/10/2016
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