Calpers is leaning toward dumping BlackRock as a real-estate adviser after the firm steered the California pension fund into a disastrous apartment-complex investment.

New York's top court ruled that the state can use eminent domain for a massive development in Brooklyn that includes an arena for the New Jersey Nets.

A delinquent mortgage is made current again at a Jacksonville property.

More investors are focusing on China's retail property sector, especially in second-tier cities, as a way to gain from the country's increasing wealth.