A group of investors made an unsolicited proposal to acquire the REIT at roughly $2.24 billion in an all-cash deal.

Reappraisals slashed valuations on eight of Pyramid Management Group’s malls by an average of 59 percent.

The U.S. hotel sector won’t fully recover from the pandemic until about 2025. But some segments are coming back much faster than others.

Bisnow examines how the HQ2 negotiations helped transform how cities woo corporations. The New York Times looks at how financial institutions are working to get Black developers better access to capital. These are among today’s must reads from...

From Zoom fatigue to the exhaustion of jobs colliding with home life, many bankers say the strains of long-term remote work are growing.