EB-5 funds sue to stop foreclosure sale on HFZ project

Suit alleges investor Kamran Hakim, at left, planned to inject $40 million to help save 29th and Fifth tower project. At right, HFZ's Ziel Feldman. (Getty, HFZ)
Suit alleges investor Kamran Hakim, at left, planned to inject $40 million to help save 29th and Fifth tower project. At right, HFZ's Ziel Feldman. (Getty, HFZ)
EB-5 funds sue to stop foreclosure sale on HFZ project

Vornado sues Hongkun USA, seeking $1.1M in rent

Vornado’s Steve Roth and 888 Seventh Ave (Getty, Google Maps, iStock)
Vornado sues Hongkun USA, seeking $1.1M in rent

What SmartRent’s $2.2B SPAC means for multifamily

SmartRent's Lucas Haldeman and Fifth Wall's Brendan Wallace (iStock)
What SmartRent’s $2.2B SPAC means for multifamily

SL Green sees “explosive recovery” for NYC as tenants plan office return

SL Green CEO Marc Holliday (Getty)
SL Green sees “explosive recovery” for NYC as tenants plan office return

From slam dunk to junk: US developers face Israeli bond market reckoning

US developers face Israeli bond market reckoning
From slam dunk to junk: US developers face Israeli bond market reckoning

Latest News

From left: Howard Lorber, Spencer Rascoff, Rob Speyer, and Steve Witkoff (Getty, Twitter)
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Vornado’s Steve Roth and 888 Seventh Ave (Getty, Google Maps, iStock)

Vornado sues Hongkun USA, seeking $1.1M in rent

The latest tenant to be sued by Vornado Realty Trust for missing payments should know something about the importance...

Vornado sues Hongkun USA, seeking $1.1M in rent
SmartRent's Lucas Haldeman and Fifth Wall's Brendan Wallace (iStock)
National News Analysis

What SmartRent’s $2.2B SPAC means for multifamily

As pandemic-challenged apartment landlords scrambled to cut costs, SmartRent CEO Lucas Haldeman’s phone lit up. The owners were eager...

What SmartRent’s $2.2B SPAC means for multifamily

Inside The National issue

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This is your home on tech
This is your home on tech
This is your home on tech
Rich man, poor man
Rich man, poor man
Rich man, poor man
The Closing: Glenn Sanford
The Closing: Glenn Sanford
The Closing: Glenn Sanford
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
To REIT or not to REIT
To REIT or not to REIT
To REIT or not to REIT
A FOMO market: Manhattan new development sees record activity
A FOMO market: Manhattan new development sees record activity
A FOMO market: Manhattan new development sees record activity
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This energy efficient house has 6 bedrooms and sits on 3.2 acres. (Compass)
Tri-State

First Hamptons passive house on market asks $4.5M

A Hamptons house designed for maximum energy efficiency and sustainability has hit the market. The home at 7 Candace...

First Hamptons passive house on market asks $4.5M
Cherre CEO L.D. Salmanson (Cherre/Facebook)
National

Real estate data firm Cherre raises $50M

Third time’s a charm for Cherre, a real estate data platform. The startup announced that it’s raised $50 million in a new funding round, according to Business Insider. The round was led by Trustbridge...

Real estate data firm Cherre raises $50M
President Joe Biden (Getty, Education Next)
National

Biden administration considers Opportunity Zone overhaul

A Trump-era tax incentive was meant to drive investment into parts of the country that were struggling economically. Spoiler...

Biden administration considers Opportunity Zone overhaul
SmartRent CEO Lucas Haldeman (middle) with Fifth Wall’s Brendan Wallace (left) and Andriy Mykhaylovskyy (SmartRent, Fifth Wall, iStock)
National

SmartRent to go public via Fifth Wall SPAC

Another proptech company is joining the SPAC game. Home technology startup SmartRent plans to go public in a merger with one of Fifth Wall Ventures’ special-purpose acquisition companies in a deal that would value...

SmartRent to go public via Fifth Wall SPAC
Glenn Sanford (Photo courtesy of eXp Realty)
National Issue

The Closing: Glenn Sanford

Glenn Sanford built a multibillion-dollar residential brokerage in his own, untethered image. Sanford, a former top producer at Keller Williams, founded eXp Realty in 2009 with the ambition to build the first fully virtual...

The Closing: Glenn Sanford

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