Real Estate News

Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan.

The deal saved the Four Seasons San Francisco from possible foreclosure. Westbrook also got controlling stakes in Millennium's Four Seasons Miami and Ritz-Carlton Boston.

The provider of outsourced office space in Europe has seen the recession put pressure on occupancy and pricing, damping earnings.

On Monday, land sales in Beijing shattered price records—not once but twice, according to a report in China Daily.