Lord & Taylor’s new owner admits the task is daunting—a loss of $119 million in fiscal 2018 shows the brand has lost a great deal of its lustre.

Ortelius Advisors alleges chairman Richard Baker and suppressed the value of the retailer's shares.

Facebook is in negotiations for a 700,000-sq.-ft. Midtown Manhattan lease, reports the Wall Street Journal. San Francisco approves a plan to convert two Nordstrom floors at Westfield San Francisco Centre to office space, according to the San...

Developers are remaining careful on land acquisitions this time around.

Recent lawsuits allege operators like Invitation Homes are slow to respond to repair requests and practice aggressive eviction tactics.