Westfield Group is offering to foot the $1.3 billion bill to build a retail complex at the World Trade Center site in a bid to seize a bigger role in its redevelopment.

The Treasury is considering issuing rules that will make it easier for property developers and investors and their loan servicers to restructure debt.

A group of investors led by RCG Longview and George Comfort & Sons signed a contract with Deutsche Bank to purchase troubled New York City office tower Worldwide Plaza.

In the U.K., equity-rich buyers and those with good banking relationships are benefiting from the commercial real-estate market's woes, buying assets at prices below book value.

Extended Stay creditors sued lenders behind the hotel chain's takeover, a symbol of the easy-money era.

As struggling landlords hand back their keys to lenders, firms like Barclays are being forced into the unappetizing business of real-estate development.

For the past two years, Phoenix has wrestled with the fallout from the most severe housing bust in decades. Now comes the hotel bust.