Industry News
General Growth changed its bankruptcy counsel to Weil Gotshal, parting with Sidley Austin.
Los Angeles's newest luxury hotels are showing signs of strain as room occupancy rates fall.
REITs have suffered their worst year on record, with a key index down 40%. Industry experts see a rebound in '09.
Liberty's move to convert some bonds to shares has helped the U.K. property company retire some debt.
If you thought shopping malls were a nightmare in the run-up to the holidays, just try owning one now that there is nothing left to do but take down the tinsel.