Macerich posts $27M loss; CEO says physical retail here to stay
Mall landlord Macerich posted a $26.7 million net income loss in the second quarter as the Santa Monica-based firm...
Here’s the real estate record for Kamala Harris
David Bistricer’s Clipper Realty reports record Q2 profit
Nathan Berman to Sonder: Get out, and pay me $100M
Simon’s rent collection inches up in Q2 while profits plummet
TRD Insights: International real estate investment tumbles in Q2 with US hardest hit
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Here’s the real estate record for Kamala Harris
While serving as California attorney general, Kamala Harris could have gone after Steve Mnuchin for alleged mortgage fraud at...
David Bistricer’s Clipper Realty reports record Q2 profit
Clipper Realty reported a record second-quarter net profit, a rarity among real estate investment trusts this earnings season. The...
Simon Cowell’s got talent for off-market home deals
Simon Cowell may have a hidden talent for selling homes. The creator and host of “America’s Got Talent” sold...
Marriott claims Covid-induced crisis for hotels has bottomed out
Marriott International believes the hotel industry believes the worst is over, so it’s halting its relief measures for hotel...
Realogy settled part of its $400M Cartus lawsuit. Now what?
Realogy settled part of its lawsuit over the aborted $400 million sale of its relocation business. In a regulatory...
Airbnb plans to file for IPO this month
Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, a move that would allow the peer-to-peer home-rental giant to potentially sell shares to the public before the end...
Vornado will install facial recognition tech in all its buildings
After testing facial recognition technology on users for years, Facebook will soon have to decide whether to opt in...
Nathan Berman to Sonder: Get out, and pay me $100M
At the beginning of the pandemic, hospitality startup Sonder extolled its landlords’ “empathy and spirit of collaboration.” Now, one...
Inside The National issue
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“Change is happening”: Inside real estate tech’s race to diversify their boards
A tough job at a rough time: What MWBE contractors face in 2020
Record-breaking surge in Covid cases spells trouble for South Florida’s hotel market
“It’s a need, not a want” for many residents: Investors eye long-term gains in senior housing
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Co-working firms are ditching office space after years of expansion
The coronavirus pandemic put an abrupt end to the co-working industry’s years of rapid expansion, and one in five...
Explore the WELL strategies that provide actionable solutions when responding to COVID-19
Many of the evidence-based strategies within WELL, spanning building design and operations, as well as company policies and culture,...
Museums, still in limbo, plan reopenings
New York City’s museums have been in limbo since the state excluded indoor cultural activities from Phase 4 of reopening. But several have gone ahead and set tentative reopening dates already. Metropolitan Museum of...
Simon’s rent collection inches up in Q2 while profits plummet
Across Simon Property’s portfolio of more than 200 U.S. malls, the company lost 10,500 shopping days from April through...
Trump lawyers, resisting subpoena, demand more details of Manhattan DA inquiry
Manhattan District Attorney Cyrus Vance’s office implied in a court filing last week that its investigation into President Trump’s...
These were the largest Manhattan real estate loans in July
The 10 largest Manhattan loans recorded in July totaled $976 million, a quarter less than June’s total. The two...
Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
Deep into a marathon set of high-pressure meetings to save bankrupt retailer Aeropostale from being chopped up and sold for parts, Jamie Salter thought...
TRD Insights: International real estate investment tumbles in Q2 with US hardest hit
Real estate markets worldwide saw investment sales fall in the second quarter, but none as much as the U.S....
J. Crew said it was bankrupt. Then its landlords forked over $130M
Bankrupt retailer J. Crew is saving $130 million in rent. The retailer, which has 492 stores including Madewell and...