Wall Street Journal
WSJ.com: Commercial Real Estate
New York REIT, JBG Cos. Agree to Merge
New York REIT Inc. and JBG Cos. have agreed to merge, forming an $8.4 billion real estate trust focused on the New York City and Washington, D.C., markets.
Beth Israel to Close Hospital, Open Smaller Facility
Downsizing is part of a $550 million plan to respond to changes in health care that the New York City property?s owner says has led to a decline in hospitalizations.
Soho Project Gets Financing
Joint venture of Madison Capital and Vornado Realty Trust is moving ahead on the construction of a six-story, mixed-use building.
An Oceanfront Home With Room Service
The owners of Gurney?s Montauk Resort owners are offering 15 oceanfront homes at prices from nearly $5 million to $12 million. All offer hotel amenities.
One of Honolulu's Last Big Coastal Plots Gets Developed
Howard Hughes Corp. is redeveloping 60 acres between downtown Honolulu and Waikiki, with plans to transform a low-density shopping and industrial area to residential and park space with potentially more than 20 towers.
Property Debt Mounts Up in U.K.
A rise in U.K. commercial real-estate lending last year has pushed the total amount of outstanding property debt higher for the first time since 2008.
The Next Big Housing Short: a $6.5 Billion Bet Against Australia's Banks
The funds are placing a large number of ?short? wagers on Australia?s biggest banks, among the world?s most profitable, suggesting the lenders might be headed for trouble.