Starwood Property Trust’s Q4 earnings fall 38%

Barry Sternlicht (Getty, Starwood, iStock)
Barry Sternlicht (Getty, Starwood, iStock)
Starwood Property Trust’s Q4 earnings fall 38%

Victoria’s Secret may close 50 stores this year

(Getty, iStock)
Victoria’s Secret may close 50 stores this year

TPG RE Finance CEO Greta Guggenheim stepping down

Greta Guggenheim (Getty)
TPG RE Finance CEO Greta Guggenheim stepping down

Closings kick off at Central Park Tower

Central Park Tower at 217 West 57th Street and Extell president Gary Barnett
Closings kick off at Central Park Tower

Nearly half of home sellers overpaid their broker fees in 2020

(Getty)
Nearly half of home sellers overpaid their broker fees in 2020

Latest News

Clockwise from top left: Rob Speyer, Brendan Wallace, Tal Kerret, Joe Beck, Scott Rechler and Tom Hennessy
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
Central Queens Academy's Ashish Kapadia and United's Chris Jiashu Xu with a rendering of 88-08 Justice Avenue (Linkedin, iStock)

Charter school takes 85K sf in Queens condo building

A charter school is expanding its footprint in Elmhurst. Central Queens Academy Charter School is taking an 85,000-square-foot space...

Charter school takes 85K sf in Queens condo building
(IStock illustration by Kevin Rebong)
National Issue

Smaller cities look to cash in on shift to remote work

Taylor Allen said her life after college was a “little bit nomadic,” as she moved from Virginia to China...

Smaller cities look to cash in on shift to remote work
Barry Sternlicht (Getty, Starwood, iStock)
National

Starwood Property Trust’s Q4 earnings fall 38%

Barry Sternlicht was in such a good mood during Starwood’s earnings call on Thursday that he joked he was...

Starwood Property Trust’s Q4 earnings fall 38%
Greta Guggenheim (Getty)
National

TPG RE Finance CEO Greta Guggenheim stepping down

The head of TPG Real Estate Finance Trust is stepping down next month. Company CEO Greta Guggenheim, who joined...

TPG RE Finance CEO Greta Guggenheim stepping down
(Getty, iStock)
National

Victoria’s Secret may close 50 stores this year

Victoria’s Secret’s plans for its future are, well, not so secret. The lingerie retailer will close 30 to 50...

Victoria’s Secret may close 50 stores this year
421-427 East 14th Street (Google Maps, iStock)

Stuy Town to get new 17K sf grocery store

A new supermarket is coming to Stuy Town. Chef’s Local Harvest inked a 17,300-square-foot lease at 421-427 East 14th Street, taking over a former Associated Supermarket store, according to Okada & Company, the firm...

Stuy Town to get new 17K sf grocery store

Inside The National issue

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Brookfield’s internal affairs
Brookfield’s internal affairs
Brookfield’s internal affairs
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
When Compass comes clawing: How the firm’s contracts lock agents in
Making sense of the SPACe race
Making sense of the SPACe race
Making sense of the SPACe race
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
South Florida real estate on climate change: ‘Que Sera, Sera’
Dov Hertz (Photo by Studio Scrivo)
The Closing: Dov Hertz
The Closing: Dov Hertz
A reckoning on rent
A reckoning on rent
A reckoning on rent
arrow_forward_ios
Glenn Kelman (Randy Stewart via Flickr)
National

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Photo illustration of Mayor Bill de Blasio as Uncle Sam (iStock, Getty/Illustration by Kevin Rebong)

NYC has $1.3B in unpaid property taxes

Landlords and homeowners are struggling to pay their property taxes. Unpaid taxes rose to $1.3 billion this month, or about 4.5 percent of the $30 billion total due this year, according to a report...

NYC has $1.3B in unpaid property taxes
Central Park Tower at 217 West 57th Street and Extell president Gary Barnett

Closings kick off at Central Park Tower

UPDATED, Feb. 25, 2021, 11: 25 a.m.: Move-in day is approaching for buyers at the world’s tallest residential tower. Gary Barnett’s Extell Development is commencing closings at Central Park Tower, the developer announced Thursday....

Closings kick off at Central Park Tower
Compass CEO Robert Reffkin and KVS Title  CEO David Kanstoroom. (KVS, Getty)
National

Compass acquires DC-area title firm

Compass is taking title. Ahead of its much-anticipated IPO, the residential firm has inked a deal to buy KVS Title, a title insurance and settlement services firm in Washington, D.C., the company said Thursday....

Compass acquires DC-area title firm
227 Grand Street in Williamsburg, and the Tel Aviv Stock Exchange (far left)
National Issue

All Year’s bad year

Delisted from the Tel Aviv Stock Exchange and facing foreclosure of its prized properties, Yoel Goldman’s All Year Management has had a rough couple of months since missing a bond payment and delaying financial...

All Year’s bad year
Canada, South Korea, Germany, Singapore, and the UK top the list of countries investing in real estate. (Getty)
National Insights

South Korea now No. 2 foreign investor in US CRE

Foreign investment in U.S. real estate declined in 2020, but South Koreans didn’t get the memo. Capital flows from...

South Korea now No. 2 foreign investor in US CRE

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