CHICAGO—The US economy's strength and the transparency provided by the country's real estate laws has brought foreign buyers to Chicago, Dallas, Nashville, and many others.

WASHINGTON, DC—Interest rates likely to rise next year. Meanwhile construction costs are shooting through the roof. GlobeSt.com surveys the landscape to see which is worse for the industry.

PARSIPPANY, NJ—The State of New Jersey has awarded a New York State based company a $34.475-million contract to demolish the former Greystone Park Psychiatric Hospital here.