CRE Business

A New York City condo building developer filed a lawsuit against the bank for reneging on an agreement for a construction loan.

Citing breached covenants, Simon Property Group has terminated its $3.6 billion merger agreement with Taubman Centers.

Despite losing some income from ground-floor tenants, relatively strong collections from core residential tenants have softened the financial blow for multifamily owners.

Opportunity Zone funds offer similar benefits to 1031 exchanges, but come with an extended investment horizon.

For many hotel executives, doing the dirty work now is equipping them to become better leaders later.

The Triple Five Group borrowed billions to complete the American Dream mall in New Jersey. It now has to deal with distressed debt.

A new report from Reonomy looks at where property valuations might dip the most.

Capital raising for opportunity zone funds slowed in the wake of COVID-19, but managers are seeing an uptick again as market conditions improve.