| WALL ST. JOURNAL REALTY NEWS |
Office rents declined throughout the U.S. as business slowed and landlords grappled with a growing expanse of empty space.
REITs have suffered their worst year on record, with a key index down 40%. Industry experts see a rebound in '09.
General Growth changed its bankruptcy counsel to Weil Gotshal, parting with Sidley Austin.
The global economic crisis has taken its toll on real-estate deals in practically every market. Here is a scorecard of how some of them fared this year.
Los Angeles's newest luxury hotels are showing signs of strain as room occupancy rates fall.
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| D'Ann Faught |
| Broker/Owner/Realtor |
Office
(571) 244-1827 |
| Contact D'Ann |
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