24 Hour Fitness in talks with bidders ahead of bankruptcy
24 Hour Fitness is in talks with entities to find a stalking horse bidder ahead of a court-supervised bankruptcy....
Hotel occupancy climbs but looting takes toll
24 Hour Fitness in talks with bidders ahead of bankruptcy
Construction, retail, restaurants lead May jobs rebound
TRD Insights: These office landlords are most exposed to Big Tech’s #WFH movement
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Construction, retail, restaurants lead May jobs rebound
The U.S. added 2.5 million jobs in May, a surprising bounceback after a March and April that saw 22.1...
Miguel McKelvey out at WeWork
Miguel McKelvey is leaving WeWork, the embattled office-sharing company he helped found in 2010. McKelvey was one of the few remaining executives at WeWork following its failed attempt to go public and bailout by...
TRD Insights: These office landlords are most exposed to Big Tech’s #WFH movement
Big Tech has been a major driver of office leasing activity in recent years. But that may soon change....
Hotel occupancy climbs but looting takes toll
For the ninth week in a row, overall Chicago hotel occupancy rates inched higher, another sign that the city...
Real estate ad dollars vanished as pandemic spread
Eyeballs were looking for real estate to ogle online, but developers pulled back on hawking their properties. The amount...
What would a WeWork bankruptcy look like?
In April, a Manhattan landlord who leases a large space to WeWork received an email from a broker who was working on behalf of the struggling co-working company to renegotiate its office leases. “I...
Community nonbank lenders are saving minority-owned businesses
Many community-based nonbank lenders are stepping to help minority-owned businesses damaged in the civil unrest that’s gripped cities across...
“We must do better”: Real estate leaders move to address discrimination in industry
Nationwide protests over the killing of George Floyd at the hands of police have quickly shifted to a larger...
Simon Property Group sues Gap for $66M in unpaid rent
The gloves are off between the biggest mall operator in the country and one of its most important tenants....
Brookfield’s Brian Kingston on the firm’s mall strategy, $5B retail relief plan and response to George Floyd protests
UPDATED, June 4, 10:31 a.m.: Brookfield has been in the news a lot since the pandemic hit. The global investment giant’s private equity firm...
WeWork, SoftBank hit with class action over failed IPO
A group of investors have filed a class action lawsuit against WeWork — the latest of a series of...
It looks bleak for new development in Chicago
The construction industry’s fears over the new development pipeline are being realized. The total value of nonresidential construction starts...
PHOTOS: With 5 days to reopen, is Manhattan ready?
Three months ago, Manhattan’s prime corridors were packed with shoppers, tourists and passersby. Covid-19 changed all that — and...
Threatened by tech, agents turn to app
Agents are trying to take back the power as virtual tours and contact-less showings threaten to displace them. Front and center is Julia Spillman, Douglas Elliman broker and CEO of the Eklund-Gomes Team, who...
Is it The End for AMC Theaters?
As moviegoers continue to Netflix and chill during the pandemic, movie theaters have been dark. Now, AMC Theaters has disclosed it may have trouble staying in business, according to the New York Times, citing...
Join LA’s luxury luminaries for an all-star event June 11
TRD Associate Publisher Hiten Samtani will host an all-star panel of top L.A luxury residential agents on June 11....
US hotel occupancy climbs for the seventh-straight week
U.S. hotel fundamentals climbed for the seventh week in a row as the country comes out of the depths...
Avoiding the Quarantine 15… lbs
The gym remains closed. Recreational leagues are still cancelled. But the need to maintain your physical fitness and health can’t be “shut down” unfortunately. Here are some ways to get exercise and stay healthy...