Investment

Zhang Li is alleged to have “provided kickbacks and funds to co-conspirators in order to obtain the appropriate permits for a construction project,” according to a court listing.

Recent studies show the share of women in CRE leadership positions hasn’t changed much in over a decade.

Higher interest rates have created a bid-ask gap between student housing buyers and sellers, shutting down sales activity in the market.

Firms are still investing in co-living units. But the sector has gone through a transformation in the past few years.

Related Cos. is teaming up with Wynn Resorts Ltd. to pursue one of three gaming licenses for New York’s downstate area. Competitors include SL Green Realty Corp., which has proposed a casino project in Times Square in partnership with Caesars...

A question looming over the industry is whether the legislation will get renewed or if the benefit will fade once the law expires.

The measure, known as Proposition ULA, boosts the one-time transfer tax to 4 percent for property deals between $5 million and $10 million, and 5.5 percent for transactions of $10 million and above. The current rate on all sales is 0.45 percent.

November marked the second consecutive month of total return growth for the FTSE All Equity REIT index.

A 2021 lawsuit over allegedly distributing counterfeit gel named two Ghermezian cousins and a family company as defendants, and now three other relatives—including Don Ghermezian, the head of American Dream—are awaiting a judge’s decision on...