The question for owners of older buildings is whether it’s worth pouring hundreds of millions of dollars into a full gut renovation.

The increase was driven largely by both the high level of property transactions and refinancing activity from borrowers.

Bisnow analyzes the secretive industrial dealmaker that’s been helping Amazon grow. A program in New York State designed to help developers convert hotels into housing drew only one application, reports Politico. These are among today’s must reads...

Sponsorships, ticket sales and Kroenke’s real estate are all poised to benefit.