Quick links: Breaking Election Invest Bitcoin Syria North Korea Startups Scandal
Wall Street Journal / Life - Entertain

Mall Short Sellers Feel Some Pain

Short sellers of the seven U.S. mall real-estate investment trusts suffered declines in their positions


WSJ Real Estate

COMMERCIAL REAL ESTATE Mall Short Sellers Feel Some Pain

Brennan Linsley/Associated Press

Short sellers of mall operators have gotten pounded over the past week as expectations of corporate takeouts and heightened activist investor interest in landlords of class-A malls drives up share prices. Brookfield Property Partners LP confirmed Monday it has made a $14.8 billion offer to buy the shares of mall owner GGP Inc. that it doesn’t already own. And hedge fund Elliott Management Corp. has acquired a stake in luxury mall owner Taubman Centers Inc. Meanwhile, landlords of top U.S. malls are looking beyond big chains for tenants.

Tax Overhaul Bills Keep ‘1031 Exchange’ and Add Other Commercial Property Perks


The residential real-estate industry might be panicking about the Republican-backed tax overhaul making its way through Congress, but many in the commercial real-estate industry are delighted with what they see so far.

Is Your Landlord a Building-Code Violator? New Service Aims to Tell You

Alyssa Timoteo

For most New York residents, it is easier to find out whether the local hamburger joint has a mouse problem than if an apartment they are about to rent has no heat in the winter or a cockroach infestation. Rentlogic, a New York-based startup, aims to create more transparency by assigning letter grades to apartment buildings based on housing-code violations data, which track issues such as climate control, mold, bed bugs and vermin infestations.

MANSION ‘Magical’ Farmhouse and Mill Listed in England

Vanessa Berberian for The Wall Street Journal

Sandra Lakin vividly recalls the moment she first saw her home, a historic farmhouse and water mill in the English countryside. The 11-acre property, called Mill Farm, was too large for their needs. But the heart wants what it wants. They bought the property in 1999 and undertook an epic renovation project taking, in total, some five years to execute.

How a Hamburg Couple Turned a Quirky Cottage Into a Sprawling Villa

Torben Conrad for The Wall Street Journal

Hamburg couple Felix and Anja Zettel converted a tiny, quirky, cottage-size house into a spacious, sprawling villa that is just what they wanted for their growing family. All it took was six years and two major renovations.

  • Homes for Art Deco Lovers
  • House Call: Ashley Judd: A Series of Homes That Defined My Life
HOUSE OF THE DAY A Michigan Property Where the Car Is King

Craig Klomparens

This Frank Lloyd Wright-inspired home is connected by tunnel to a 30-car garage that spans about 10,000 square feet.

GREATER NEW YORK REAL ESTATE NYC DOI Says Housing Authority Falsely Certified Lead Inspection Compliance

Spencer Platt/Getty Images

New York City’s public housing authority submitted documentation showing it was in compliance with federal inspection requirements for lead paint even though the agency hadn’t conducted the required inspections in four years, according to a report from the city’s Department of Investigation.

Tax Overhaul Plans Make New York Home Buyers Think Twice

Michael Nagle/Bloomberg News

There are signs home buyers in metropolitan New York are pausing to consider the effects of proposed federal tax law changes, setting the stage for a possible chill in the market, brokers say.

  • SL Green Agrees to Sell 43% Stake in 1515 Broadway in Manhattan to Allianz
DESIGN So Weird it Works: A Posh Living Room With a Spider-Web Mural

Don Freeman

We pit our appraisal of a New York living room with a seemingly creepy wall treatment against the designer’s intent.

  • Our 5 Favorite Casually Chic Dining Chairs
  • Bohemian Décor Is Trending: These Books Really Show Why
  • Starchitect David Adjaye Walks Us Through His Favorite Living Room