The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.

Apollo’s purchase of Citigroup’s real-estate investment business would give Joseph Azrack a second tour of duty.

Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.

With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.

Mall owner General Growth Properties has bolstered its case for exiting from bankruptcy protection as a stand-alone company.

The New York real-estate investor will buy one of the nation’s largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline’s debt.

Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange’s main market as it seeks to take advantage of the sharp downturn in property values.

A federal judge hearing mall owner’s bankruptcy reorganization grants it four more months of exclusive control over its fate, against the objection of some suitors and creditors.

The FDIC is investigating loan practices at Georgia’s Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California.

Say goodbye to the building boom that made it seem like there was a bank branch on every corner. The total number of branches in the U.S. is on pace to decline for the first time since 2002.