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WALL STREET JOURNAL REAL ESTATE HEAD LINES

Empty Mall Stores Trigger Rent Cuts

Retail chains are using the fine print in their leases to demand rent reductions, eking out critical savings and pressuring mall owners already struggling with vacancies.

Vornado to Raise PE Fund

Vornado Realty Trust is seeking to raise $1 billion for a private-equity fund to invest in the wave of distressed properties expected to hit in the next few years.

Hotels Sound Alarm on Time Shares

The hotel industry is moving away from one of its former profit centers: time shares.

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