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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.© 2009 Created by Jesus (Jesse) Gonzalez on Ning. Create Your Own Social Network
