But family offices—the discrete, sometimes secretive firms that manage the affairs of the ultra-rich—have been one of the biggest driving forces.

The U.S. housing market is 3.8 million homes short of meeting demand, reports the Wall Street Journal. CoStar is buying listing platform Homes.com, according to The Real Deal. These are among today’s must reads from around the commercial real...

The retailer was late to embrace online shopping. But it’s now making a bold wager on robotics.

Debt-burdened Hospitality Investors Trust Inc., which owns about 100 hotels, is in talks for a takeover by Brookfield Asset Management.