Why Google bet $450M on ADT

ADT CEO Jim DeVries and Google CEO Sundar Pichai (ADT; Pichai by Stephanie Keith/Getty Images; Nest via wallpaperflare)
ADT CEO Jim DeVries and Google CEO Sundar Pichai (ADT; Pichai by Stephanie Keith/Getty Images; Nest via wallpaperflare)
Why Google bet $450M on ADT

“We’re seeing more militant direct action:” Tenant groups fight evictions with power drills and other tools

(iStock)
“We’re seeing more militant direct action:” Tenant groups fight evictions with power drills and other tools

Condé Nast may be moving out of 1 WTC

Durst Organization chairman Douglas Durst and Advance Publications president Donald Newhouse with One World Trade Center (Newhouse by Ilya S. Savenok/Getty Images for The Association for Frontotemporal Degeneration; Unsplash)
Condé Nast may be moving out of 1 WTC

Virtual broker eXp sees record profits in Q2

eXp Realty founder and CEO Glenn Sanford (Image via eXp)
Virtual broker eXp sees record profits in Q2

Inside Hudson Pacific and Blackstone’s field of streams

Photo illustration of Hudson Pacific Properties CEO Victor Coleman and Blackstone Group President Jonathan Gray (Coleman by Rich Polk/Getty; Gray by Drew Angerer/Getty; Top Gun by Paramount Pictures/Sunset Boulevard/Corbis/Getty)
Inside Hudson Pacific and Blackstone’s field of streams

Latest News

Clare Bronfman and 8517 Franklin Avenue (Patrick McMullan/Getty, Zillow)

Heiress and sex cult financier sues over Los Angeles infinity pool

A West Hollywood spec mansion tied to an heiress and accused sex cult financier has a problem with its...

Heiress and sex cult financier sues over Los Angeles infinity pool
From left: Zeus Living CEO Kulveer Taggar, Airbnb CEO Brian Chesky, Oyo founder Ritesh Agarwal and Lyric CEO Andrew Kitchell (Getty, iStock)

Airbnb banked on short-term rentals. Can it continue without them?

This story was originally published in July 2020. Just over a year ago, Lyric was riding high. On the...

Airbnb banked on short-term rentals. Can it continue without them?
Backal Hospitality Group CEO Arthur Backal, 627 West 42nd Street and Moinian Group CEO Joseph Moinian (Images via Backal, Google Maps, Moinian)

Win for Moinian is bright spot for commercial landlords

A commercial tenant looking to skip rent in light of pandemic-related closures just suffered a setback. Backal Hospitality Group...

Win for Moinian is bright spot for commercial landlords
Barry Sternlicht (Getty, iStock)

Starwood’s Barry Sternlicht predicts demand for hotels, retail will not return to pre-Covid levels “for awhile”

Barry Sternlicht compares the coronavirus pandemic to a race at the Indianapolis Speedway gone wrong. As a pace car laps around the track, lenders...

Starwood’s Barry Sternlicht predicts demand for hotels, retail will not return to pre-Covid levels “for awhile”
Quarters CEO Rui Barros and 251 DeKalb Avenue in Brooklyn (Credit: Linkedin and Google Maps)

“Schoolyard-style” dispute between landlord and co-living firm

After being sued for bailing on its lease as New York City became the epicenter of the coronavirus pandemic,...

“Schoolyard-style” dispute between landlord and co-living firm
eXp Realty founder and CEO Glenn Sanford (Image via eXp)

Virtual broker eXp sees record profits in Q2

Virtual brokerage eXp Realty’s profits surged to a record $8.3 million during the second quarter as homebuying was forced...

Virtual broker eXp sees record profits in Q2
Matthew Kramer, Victor Petrescu, Sebastian Jaramillo and Gov. Ron DeSantis (Getty, iStock) 

Eviction, foreclosure freeze in Florida delaying inevitable flood of cases

Florida Gov. Ron DeSantis’ latest extension of the ban on residential foreclosures and evictions is expected to flood the...

Eviction, foreclosure freeze in Florida delaying inevitable flood of cases
82-10 Baxter Avenue and 3111 Heath Avenue (Google Maps)

Queens retail sale tops mid-market deals of the week

Just two properties traded for between $10 million and $30 million in the week ending July 31. A one-story...

Queens retail sale tops mid-market deals of the week

Inside The National issue

arrow_forward_ios
“I had to be better, stronger, faster, more educated than my white male counterparts”

“I had to be better, stronger, faster, more educated than my white male counterparts”

“I had to be better, stronger, faster, more educated than my white male counterparts”
Nooklyn CEO

Incidents at Nooklyn and Core outrage Black agents, staff

Incidents at Nooklyn and Core outrage Black agents, staff
From left: Zeus Living CEO Kulveer Taggar, Airbnb CEO Brian Chesky, Oyo founder Ritesh Agarwal and Lyric CEO Andrew Kitchell (Getty, iStock)

Airbnb banked on short-term rentals. Can it continue without them?

Airbnb banked on short-term rentals. Can it continue without them?
How long can this leading virtual tour player stay on top?

How long can this leading virtual tour player stay on top?

How long can this leading virtual tour player stay on top?
Authentic Brands Group CEO Jamie Salter with Brooks Brothers, J.C. Penney, and Aeropostale stores (Getty)

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
The Closing: Hakeem Jeffries

The Closing: Hakeem Jeffries

The Closing: Hakeem Jeffries
arrow_forward_ios
Home sale price declines are expected for July, after a recent bump, according to a CoreLogic report. (iStock)

Home sale prices got a bump, but a drop is coming: Report

Home sale prices nationwide rose in June, though experts predict price growth will falter in July when the numbers...

Home sale prices got a bump, but a drop is coming: Report
Durst Organization chairman Douglas Durst and Advance Publications president Donald Newhouse with One World Trade Center (Newhouse by Ilya S. Savenok/Getty Images for The Association for Frontotemporal Degeneration; Unsplash)

Condé Nast may be moving out of 1 WTC

Condé Nast wants to change the terms of its lease at One World Trade Center, and the publisher may be prepared to walk if it can’t get what it wants. The publisher’s parent, Advance...

Condé Nast may be moving out of 1 WTC
Mayor Bill de Blasio (Background by Jamie McCarthy/Getty Images; de Blasio by Lev Radin/Pacific Press/LightRocket via Getty Images)

Outdoor dining may continue into winter

Outdoor dining, which has provided a lifeline for many restaurant owners, may continue through the winter. City and state officials are in discussions to extend the Open Restaurants program, which currently expires Oct. 31,...

Outdoor dining may continue into winter
The weekly survey tracking purchase loans saw a seasonally adjusted decline of 2 percent in the final week of July. (iStock)

Home loan applications fall again amid tight credit rules, weak job market

The volume of applications for home loans fell again last week, due to a weak job market and tightening...

Home loan applications fall again amid tight credit rules, weak job market
Mayor Bill de Blasio and Guesty CEO Amiad Soto (De Blasio by Noam Galai/Getty Images; Viola)

City squeezing startup Guesty for info in Airbnb crackdown

Guesty, a software startup that services property managers who use Airbnb and other sites for short-term rentals, is in...

City squeezing startup Guesty for info in Airbnb crackdown
ADT CEO Jim DeVries and Google CEO Sundar Pichai (ADT; Pichai by Stephanie Keith/Getty Images; Nest via wallpaperflare)

Why Google bet $450M on ADT

Google and ADT are teaming up to go after the burgeoning smart-home market. In a partnership announced Monday, Google said it will invest $450 million for a 6.6 percent stake in the security giant....

Why Google bet $450M on ADT
(iStock)

“We’re seeing more militant direct action:” Tenant groups fight evictions with power drills and other tools

Responding to an eviction in progress in South Central Los Angeles, tenant organizers didn’t call a defense attorney. They called a contractor, who came...

“We’re seeing more militant direct action:” Tenant groups fight evictions with power drills and other tools
204 Bedford Avenue (Citizen App, iStock)

East Village facade plunges to street, Brooklyn building falls during storm

As Tropical Storm Isaias tore through New York City Tuesday, a Brooklyn building partially collapsed and part of a...

East Village facade plunges to street, Brooklyn building falls during storm

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...