Chicago
The construction giants catching a Windy City windfall
Two of Chicago’s leading developers and contractors teamed up in late April to break ground on one of the...
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Haru Coryne
Chicago Archive
Is @properties scaling up, or selling out?
Thad Wong and Michael Golden, the urbane and media-savvy founders of @properties, had plenty to celebrate as the clock ran out on 2018. The firm opened seven new offices last year, extending its dominion...
National
These real estate execs are donating big this campaign season
As the campaign season heats up, a preliminary list of second-quarter Federal Election Commission contributions reveal a number of...
National
Bankrupt Ditech looks to sell most of its mortgage business
The bankrupt nonbank lender Ditech Holding Corp. is looking to sell much of its mortgage business. New York-based New...
Los Angeles
Trump Org sells off Beverly Hills home
UPDATED, June 12, 1:06 p.m.:The Trump Organization has sold one of its last remaining properties in Los Angeles, a home on North Canon Drive in Beverly Hills. The company, now controlled by President Trump’s...
National
Hilton, Marriott and Hyatt-focused hotel REIT closes $1B refi amid industry growth
Hospitality Investors Trust, a real estate investment trust that primarily owns Hilton, Marriott and Hyatt brands, closed a $1.04...
National
Pension fund manager gets $500M refinancing on national portfolio
UPDATED, May 10, 4:30 p.m.: FCA Partners, an investment manager that counts one of the country’s top pension funds...
National
New York private equity group leads $800M refi for Sears
A New York-based private equity group is betting big on Sears, after Edward Lampert’s multibillion-dollar takeover of the ailing...
Miami
It’s the SALT tax, stupid: Here’s why luxury home sales have surged
UPDATED, May 6, 12:30 p.m.: After a rush of high-end residential sales to start 2019, the pace of those...
Los Angeles
Comerica Bank turned “blind eye” to Woodbridge’s $1B Ponzi scheme: lawsuit
The $1.2 billion Ponzi scheme that federal authorities charged luxury developer Woodbridge Group of Companies with running has spawned...