Debt-burdened Hospitality Investors Trust Inc., which owns about 100 hotels, is in talks for a takeover by Brookfield Asset Management.

The merged shopping center REIT will have a market cap of $12 billion.

NMHC President Doug Bibby has announced he is postponing his retirement until early 2023. Philadelphia real estate developer and former PREIT CEO Ron Rubin passed away at age 89, reports the Philadelphia Inquirer. These are among today’s must...

Remote work was expected to devastate the office sector. But suddenly many firms are switching gears and pushing for the returns of workforces.