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Developers Sell the Trump Name Without the Trump Name

Silk Road Group moves forward with luxury condominium tower in nation of Georgia after president’s business pulls out in wake of election


WSJ Real Estate

COMMERCIAL REAL ESTATE Developers Sell the Trump Name Without the Trump Name

Silk Road Group

A luxury condominium tower in the nation of Georgia that was intended to be a Trump-branded property has lined up a cash infusion that will allow it to move forward after a six-year delay, its developers say. The catch: It is no longer Trump branded.

Co-Working Trend Eats Into Office Demand

Jason Alden/Bloomberg News

The co-working trend, popularized by startup businesses like WeWork Cos., has been attractive to entrepreneurs and small companies looking for communal office space and short-term commitments. But it could turn out badly for landlords, according to a new report. And for hedge-fund managers in a fierce battle with technology companies to hire and retain the world’s best data scientists, the work environment is an important part of the package, some believe.

Millennial Home Buyers Send a Chill Through Rental Markets

John Taggart/Bloomberg News

Rising homeownership is adding to the jitters in the residential rental market, which has slumped recently after a long stretch near the top of the commercial real-estate industry.

MANSION How a Landlord Built a Pyramid-Shape Townhouse in His Own Backyard

Laurian Ghinitoiu

Ulrich Köstlin wanted to create a compelling work of residential architecture. He found the chance in his own backyard—literally. The courtyard, accessed through a multifamily rental he owns and where his son lives, offered just enough space—about 1/12th acre—for the planned two-family house.

London’s Historic Admiralty Arch Gets a Luxury Rebirth

Ben Phillips for The Wall Street Journal

Once home to the British navy’s top brass, the iconic arch is being reinvented as a high-end hotel with up to four residences, including a 15,000-square-foot apartment.

Kim Kardashian West and Kanye West Sell Bel Air Home for $17.8 Million

Marc Angeles/Unlimited Style

Reality-TV star Kim Kardashian West and her husband, musician Kanye West, have sold their Bel Air home for $17.8 million, according to people with knowledge of the deal. The six-bedroom, eight-bathroom home totals approximately 9,000 square feet and has a pool, a cabana and views of the nearby canyon.

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HOUSE OF THE DAY A Sleek Manhattan Penthouse With Landmark Views

Tim Waltman/Douglas Elliman

Awash in whites and greys, this Financial District apartment incorporates Turkish marble and lighting hidden in furniture and ceilings.

GREATER NEW YORK REAL ESTATE Stuytown Owners Make Solar-Panel Investment

Michael Nagle/Bloomberg News

The Wall Street venture that purchased Stuyvesant Town and Peter Cooper Village two years ago for $5.3 billion is planning to turn the roofs of the sprawling apartment complex into Manhattan’s largest solar power producer.

Multifamily Building in Brooklyn Secures $217.5 Million Loan

Cassandra Giraldo for The Wall Street Journal

The Ashland, a 53-story rental apartment building in Brooklyn’s Cultural District in Fort Greene, has refinanced its debt with a $217.5 million loan from Wells Fargo Multifamily Capital , according to the company that advised the transaction.