Kennedy Funding, a New Jersey lender to cash-strapped real-estate developers, has plenty of experience going after debtors who fall behind on their payments. But now it's Kennedy's turn to get squeezed.

BofA lawyers have agreed to reimburse lawyers for a Miami developer after a judge's rebuke for trying "to score a litigation point" in an ongoing foreclosure dispute.

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.

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

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 Helmsley Carlton House on Manhattan's Upper East Side is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and New York developer Extell Development for about $170 million.

Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.