What's New
Office rents declined throughout the U.S. as business slowed and landlords grappled with a growing expanse of empty space.
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.
Articles provided by WSJ.com: Real Estate
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