Brookfield Properties is eyeing a collection of about 20 buildings in or near Washington that fell into default last summer.

Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan.

The deal saved the Four Seasons San Francisco from possible foreclosure. Westbrook also got controlling stakes in Millennium's Four Seasons Miami and Ritz-Carlton Boston.

Jones Lang LaSalle, a global commercial-real-estate services company, hired away a team of bankers from industry leader CB Richard Ellis Group.

The provider of outsourced office space in Europe has seen the recession put pressure on occupancy and pricing, damping earnings.

On Monday, land sales in Beijing shattered price records—not once but twice, according to a report in China Daily.