Commercial Real Estate

Property Report

A Blackstone Group partnership plans to develop a new office tower near the Burbank and Warner Bros. studios in California, where TV programs such as “The Ellen DeGeneres Show” and “Days of Our Lives” are filmed.

Property Report

Insurance companies retreated from selling home insurance in wildfire-prone parts of California in 2019, new state data shows, making it more difficult and expensive for homeowners in those areas to protect their homes.

Property Report

Commercial property owners and tenants are fighting hard against a ballot measure in California that would end the limits on property tax increases that date back to 1978’s Proposition 13.

Property Report

As many landlords struggle amid the pandemic and miss payments, some banks and other lenders think it is time to start cracking down on delinquent mall owners.

Property Report

Demand is booming for firms that provide virtual ways to visit properties and close on them, as the real-estate industry contends with fears of exposure to the new coronavirus.

Property Report

A WSJ analysis shows entities tied to Travis Kalanick’s CloudKitchens, a startup that rents out space to businesses that prepare food for delivery, have bought more than 40 properties for more than $130 million.

Property Report

The new fundraising still is low compared with the record $5 billion raised in the first quarter of 2020, mostly before the pandemic hit. But the bigger nontraded REITs have largely held steady.

Property Report

Swiss luxury clothing retailer Akris agreed to pay $45 million for three buildings on Madison Avenue, about 80% below peak sales prices in the retail corridor in 2014.

Property Report

Many lenders now expect the pandemic and its aftereffects to persist for a long time. As forbearance periods expire, more lenders are going after properties or demanding additional capital in exchange for extending relief.

Property Report

Developers of luxury projects are seeing sales and prices rise despite years of natural disasters as well as financial and political upheavals for the U.S. territory, as buyers from higher-tax states embrace the island’s low-tax status.

Property Report

Brookfield Property Partners’ recent move to slash staff shows how the firm’s big bet on repurposing shopping malls is slamming into unanticipated challenges during the coronavirus pandemic.