National
Real estate stocks hold gains even as market doesn’t
Real estate stocks ended the week in positive territory while the broader market gave up its gains after President-elect...
Commercial Real Estate
National
Retail rent collections rebound to 90%
The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...
7 Manhattan hotels head to auction block
Seven Manhattan hotels are hitting the auction block. The portfolio, owned by a joint venture between Hersha Hospitality Trust and Chinese investment firm Cindat Capital Management, is scheduled to be auctioned on Jan. 21...
NBA owes Moinian $7.5M in rent for Fifth Ave store
UPDATED, Jan. 15 2020, 4:15 p.m.: Talk about a foul: The NBA Store at 545 Fifth Avenue, which has...
National
Silicon Valley exodus: Where’d everyone go?
As the pandemic rages across the U.S., it’s unclear when employees will be able to return to their offices....
Feds indict NY real estate exec in $50M fraud scheme
Federal prosecutors say the former CEO of a New York real estate firm defrauded hundreds of investors out of...
Los Angeles
Santa Monica mega-portfolio officially hits market
It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. WSC...
Miami
A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee
Retired New York Yankees player and real estate investor Alex Rodriguez is facing new allegations of racketeering, embezzlement and fraud in a complaint filed...
Former Sapir employee accuses company of retaliation
A former employee of the Sapir Organization claims her old boss retaliated against her after she failed to find...
Manhattan asking retail rents continue downward spiral
The holidays are typically a bright spot for retailers, but with little foot traffic returning to Manhattan, the fourth...