Commercial

Simon Property Group Inc forecast a rise in its 2021 profit on Monday as the U.S. mall operator benefits from improving rent collection and a recovery in the retail industry, pushing its shares up 2% in extended trading.

New York's commercial real estate sector has taken a massive hit during the coronavirus pandemic, but the Real Estate Board of New York is planning to put some of that empty space to good use by placing rapid testing sites in vacant buildings. 

The site of one of two Pea Soup Andersen's restaurants is for sale, hitting the market at $4.7 million.

The U.S. 10-year Treasury yield rallied to a nearly 10-month high Tuesday as investors worried that stimulus measures to combat the economic slowdown caused by COVID-19 could unleash a wave of inflation down the road.

According to a news release by Epic Games, the facilities will include a mix of office buildings and recreational spaces, giving the company "flexibility to create a campus customized from the ground up to accommodate its long-term growth."

Shares of Brookfield Property Partners, which operates everything from offices, retail malls and logistics properties around the world, rose 15% in premarket trading.

Old Spaghetti Factory President Dean Griffith on recovering after the Nashville bomb destroyed his restaurant.

The 1,183-acre ranch includes five homes, vineyards and equestrian facilities.

The pandemic-induced furniture shortage is driving demand for pre-furnished homes. 

Tenants looking for new real estate have consisted primarily of big sellers of groceries, furniture, discount goods and pet supplies that have benefited from people staying at home, brokers say.

The Netflix star said he believes prices will continue to increase slightly over the next few years.

Operating in China has sparked debate among the home-sharing startup’s senior leadership for some time, leading a top executive to depart abruptly last year, according to people familiar with the company.

Big companies that own single-family homes are raising rents at the fastest rate since they emerged from last decade’s foreclosure crisis, capitalizing on a rush for suburban housing.