Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.

Ian Bruce Eichner is on the verge of losing control of his Las Vegas casino-resort project -- 16 years after a similar loss in Times Square. His roller-coaster track record shows that in commercial real estate, failure on an epic scale need not be a career killer.

Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.

Wachovia's Robert Verrone, known for his deal making, is expected to leave. The bank's first-quarter loss will widen due to new write-downs.

Decades after deep job cuts in the steel and manufacturing plants, Gary, Indiana's residents and real estate still bear the scars.

Executives at real-estate investment trusts are cautious about the outlook for the rest of the year, despite surprisingly strong earnings for the first quarter.

Commercial-property owners in England already struggling with the credit crunch and falling asset values have a new woe to add to the list: higher taxes on empty properties.

After declining for several months, spending on commercial construction bounced back in March.

Shopping-center owner Centro Properties Group, which needed to secure its fourth repayment extension on $4.9 billion in debt by Wednesday, had to grant one of its lenders a mulligan to do so.

D.R. Horton swung to a loss on $834.1 million in pretax charges related to inventory impairments and write-downs of land.