The cost of hotel and motel accommodations in the U.S. surged 7.9 percent in June from a month earlier, the second-largest gain on record, according to the Labor Department.

Real estate funds that used to exclusively target institutions are increasingly trying to appeal to retail investors.

The New York Times looks at why so many commentators insisted that COVID-19 would spell the end of big U.S. cities. Related Cos. is investing in CareMax Inc. to develop senior health centers in underserved communities, reports The Wall Street...

The firm offered to take over the industrial REIT for $18.70 a share, in a rival bid to Sam Zell’s Equity Commonwealth.