As vast numbers of U.S. retailers struggle with disappointing sales results month after month, the pressure has grown on landlords to grant relief. And after rebuffing such requests earlier in the year, many landlords are now reconsidering. The...
Linens ’n Things retail stores disappeared from shopping centers coast-to-coast after the chain went bankrupt and liquidated its stock, but the familiar brand is about to be revived after a joint venture bought the name for $1 million...
William A. Alter, real estate developer and chairman and CEO of The Alter Group, died Aug. 8 at his home in Winnetka, Ill. He was 78. Although he battled Alzheimer's for several years, he ultimately succumbed to complications from pneumonia. Alte...
Summertime in Las Vegas might be more scorching this year than usual due to the heat from a growing number of condo hotel lawsuits. A group of 40 investors who bought condo-hotel units — privately owned homes inside hotels that revert to hotel...
When Greystar Real Estate Partners acquired three apartment properties last year in Raleigh-Durham, N.C., the new owner installed submeters in each unit in order to gauge water consumption and bill residents directly for their actual usage. That...