CHICAGO—Priced out of downtown, new suburban renters don't just want affordability; they want access to trains and the same luxury features found in the city.

CHICAGO—Distribution has changed, and many properties in out-of-the-way locations have assumed tremendous importance in some firms' operations.

NEW YORK CITY—Trump Hotels is also partnering with Chawla Pointe on the first Scion-branded hotel—Scion at West End in Cleveland, MS.