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Commercial property news and information
For Newark, Revival May Owe A Lot to Location and Affordability
This New Jersey metro is home to one of the world's busiest airports and is a short train ride from Manhattan. Yet in recent decades, much of the city hasn't realized the potential its geography affords. More »
Lennar Cuts Profit Outlook, Reports 39% Decline in Net
The home builder lowered its outlook for the fourth quarter as it limits its land purchases and works to lower inventory. The housing market is falling further and faster than anticipated, the company's president says. More »
Pact May Mean Rebuilding Delay At Ground Zero in New York
Several buildings at the site may not be completed for another seven years -- a year longer than previously promised -- under terms of an agreement approved to reconstruct the WTC. Plus, see a slideshow of architectural plans for three towers to built alongside the Freedom Tower. More »
Agencies May Overpay For Freedom Tower Space
The federal government and New York agree to rents that outstrip the average across Lower Manhattan. Plus, a rundown of recent transactions near ground zero. More »
An Agreement for Rebuilding The World Trade Center Nears
The Port Authority of New York and New Jersey and developer Larry Silverstein will likely sign the most definitive agreement to date on the redevelopment of Ground Zero, though issues remain outstanding. More »
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Booming Municipalities Defy China's Effort to Cool Economy
Local Chinese governments are encouraging a frenzy of construction -- even as Beijing seeks to throttle back investment that is producing runaway economic growth. More »
Asian Real Estate Draws A Flood of New Money
Commercial investment in the Asian-Pacific region has climbed so high it has reached what one executive in a recent survey called "nosebleed levels," with each dollar of available property attracting $5 in capital in some cases, according to the report. More »
Cooling Housing Market in Phoenix Doesn't Damp Commercial Sector
This city has a new football stadium and more than 16 million square feet of offices, warehouses and retail stores are to be built this year. Rents are rising and vacancy rates are falling. More »
Housing Boom Is a Memory: Lennar Is Latest Builder to Fret
The home builder lowered its profit outlook, citing overall weakness in the real-estate market. The Miami-based company is the latest in a string of prominent builders to reduce earnings expectations. More »
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Bankers and Regulators Clash Over Surge in Real-Estate Loans
Regulatory agencies are trying to hit the brakes on commercial lending, a move that has sparked protests from community bankers. Tougher guidelines could make it harder for small businesses to get loans. More »