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Here is the latest commercial real estate news from the Wall Street Journal:

Wall Street Journal Commercial Real Estate News:

For AvalonBay, Long Island Filled With Risk, Reward

7/29/2010 12:55 PM

The region near New York City is one of the nation's toughest markets to development properties. AvalonBay is undeterred...Read More

Japan's Toyoko Inn Targets New York

7/27/2010 7:11 PM

Japanese no-frills hotel operator Toyoko Inn is planning to expand into the U.S. market with a 640-room tower in the New York City borough of Queens, where it plans to offer tiny rooms for rates that are among the lowest in the city....Read More

Office Developers Revive Plans

7/28/2010 8:52 AM

With Europe's financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn't likely anytime soon...Read More

It's a Low Point for High Point

7/28/2010 12:03 AM

Vornado Realty Trust is opting to forfeit a 2 million-square-foot furniture mart in High Point, N.C., to holders of its $191 million securitized mortgage...Read More

Boston Properties' Profit Falls, but Beats Its View

7/27/2010 10:17 PM

Boston Properties' second-quarter earnings fell, as did a key measure of profitability for the office-property owner, but both beat the company's guidance....Read More

Vornado, MGM Resorts in Deal

7/28/2010 6:06 AM

A Vornado-led partnership is paying MGM Resorts about $80 million for land connected to the Borgata Hotel Casino in Atlantic City...Read More

CMBS Market Rises From Ashes

7/20/2010 9:53 PM

The commercial-mortgage-backed-securities market, a leading source of financing in commercial property until the financial collapse of 2008, is showing signs of life...Read More

East London Hopes For Olympic Renewal

7/27/2010 12:39 PM

While building is on schedule for London's 2012 Olympic Games, locals fear the broad urban renewal central to the bid could become a lesser priority...Read More

Starwood's Profit Falls 15%

7/22/2010 6:31 AM

Starwood Hotels reported a 15% drop in earnings on charges as the lodging company continued to see improved demand...Read More

Scrutiny Turns to Retirement Centers

7/21/2010 3:42 PM

A fast-growing sector of senior housing is coming under increased scrutiny in Washington—continuing-care retirement communities...Read More