WSJ.com: Real Estate


    'Xanadu' Dreams Meet Harsh Reality
    Developer of New Jersey complex seeks financing as report for governor floats idea of surrendering site.

    In Pennsylvania, Hope for CMBS
    There is a glimmer of hope for the credit-starved commercial-property industry in an unlikely place: an office park in the Pittsburgh suburb of Cranberry, Pa.

    Good Times Ahead for Unibail
    Despite a profit warning by CEO Guillaume Poitrinal, Paris-based property company Unibail-Rodamco is poised for better times.

    LaSalle Fund Targets Australia, Japan
    LaSalle Investment Management is seeking local partners to invest in Australian property developments and boost returns for its $3 billion opportunity fund. The Jones Lang LaSalle investment arm also has two Japanese deals in the pipeline.

    Mall Heirs Battle Over Will
    Before Melvin Simon died, the ailing shopping-mall magnate altered his $1 billion will under the assistance of an adviser, sparking a challenge from his daughter.