It could take months or years for stimulus funding earmarked for making buildings energy efficient to trickle down to contractors.

The U.K. property developer hopes the transactions illustrate the strength of London's property recovery as it fends off an unfriendly bid from Nathan Kirsh.

A 56-acre site in the Playa Vista development is being put on the block, one of the many problem properties that has bedeviled Tishman Speyer.

A bankruptcy court judge signed off on plans to restructure $10.25 billion of mortgages on 103 properties.

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