Mortgage mogul Dan Gilbert sees net worth quicken to $34B

Dan GIlbert (Getty, iStock)
Dan GIlbert (Getty, iStock)
Mortgage mogul Dan Gilbert sees net worth quicken to $34B

Retail therapy: National chains paid 80% of July rent, a Covid high

(Google Maps)
Retail therapy: National chains paid 80% of July rent, a Covid high

Single-family homes dominate Chicago’s priciest residential sales of week

1330 W. Newport Ave. and 3826 N. Wayne Ave. (Credit: VHT Studios via Redfin)
Single-family homes dominate Chicago’s priciest residential sales of week

30-year mortgage rate hits record low — again

The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years (iStock)
30-year mortgage rate hits record low — again

Blackstone boss leads Wall Street charge for Trump

President Donald Trump and Blackstone CEO Stephen Schwarzman (Trump by Scott Olson/Getty Images; Schwarzman by David Fitzgerald/Sportsfile for Web Summit via Getty Images)
Blackstone boss leads Wall Street charge for Trump

Latest News

Vast Georgia quail hunting estate asks $26M

Vast Georgia quail hunting estate asks $26M

A 5,100-acre farm with a rich political history is on the market for $26 million. Chokee Farm is being sold by the family of former two-term Georgia Lt. Governor Mark Taylor, whose father Fred...

Vast Georgia quail hunting estate asks $26M
MGM, desperate for cash, launches “Work From Vegas” program

MGM, desperate for cash, launches “Work From Vegas” program

For decades, Las Vegas has attracted vacationers with its casinos, clubs and restaurants. Now, one desperate hotel operator wants...

MGM, desperate for cash, launches “Work From Vegas” program
Mall of San Juan (Taubman)

Taubman’s $475M Mall of San Juan gets “knocked out” after reopening

The Mall of San Juan, in Puerto Rico’s capital, opened to great fanfare in 2015. But the last five...

Taubman’s $475M Mall of San Juan gets “knocked out” after reopening
Invitation Homes CEO Dallas Tanner (iStock; Tanner via Invitation Homes)

Invitation Homes may double its single-family portfolio

Single-family rental giant Invitation Homes Inc. is looking to take advantage of low mortgage rates and growing preference for...

Invitation Homes may double its single-family portfolio
(Google Maps)

Retail therapy: National chains paid 80% of July rent, a Covid high

An increasing number of retailers are finding their rent is no longer too damn high. Major retail chains paid...

Retail therapy: National chains paid 80% of July rent, a Covid high
Dan GIlbert (Getty, iStock)

Mortgage mogul Dan Gilbert sees net worth quicken to $34B

In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth...

Mortgage mogul Dan Gilbert sees net worth quicken to $34B
News Corp. chairman Rupert Murdoch (Murdoch by Dia Dipasupil/Getty Images; Pixabay)

Move Inc. revenues drop as Realtor.com traffic climbs

Move Inc., the company that runs Realtor.com, saw a drop in revenues last quarter, as parent company News Corp....

Move Inc. revenues drop as Realtor.com traffic climbs
President Donald Trump and Blackstone CEO Stephen Schwarzman (Trump by Scott Olson/Getty Images; Schwarzman by David Fitzgerald/Sportsfile for Web Summit via Getty Images)

Blackstone boss leads Wall Street charge for Trump

When others zig, Blackstone boss Stephen Schwarzman zags. Wall Street has largely abandoned efforts to fill President Trump’s campaign...

Blackstone boss leads Wall Street charge for Trump
The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years (iStock)

30-year mortgage rate hits record low — again

The average mortgage rate on America’s most popular home loan has hit another record-setting low. The rate on the...

30-year mortgage rate hits record low — again
Retailers are rejecting leases amid bankruptcy filings, putting a strain on landlords. (iStock; Pixabay)

Retailers rejecting leases amid bankruptcy could bring “tsunami” for landlords

Retail bankruptcy filings have skyrocketed in recent months, with a key benefit being the ability to exit a pricey,...

Retailers rejecting leases amid bankruptcy could bring “tsunami” for landlords
1330 W. Newport Ave. and 3826 N. Wayne Ave. (Credit: VHT Studios via Redfin)

Single-family homes dominate Chicago’s priciest residential sales of week

A 41-year-old single-family home and a unit in Related Midwest’s one-year-old condo tower propelled this week’s priciest residential sales...

Single-family homes dominate Chicago’s priciest residential sales of week
Secretary of Labor Eugene Scalia (Scalia by Samuel Corum/Getty Images; Noam Galai/Getty Images; Mike Pont/Getty Images)

Hospitality, retail led job gains in July

The hospitality, leisure and retail sectors led job gains in July, with unemployment levels improving slightly overall. Payroll employment rose by 1.8 million in July and the unemployment rate declined to 10.2 percent, following...

Hospitality, retail led job gains in July
(iStock)

Half empty or half full? Hotel occupancy rate nears 50%

Hotels are continuing their comeback, ever so slowly. The occupancy rate across the U.S. hit 48.9 percent for the...

Half empty or half full? Hotel occupancy rate nears 50%
Photo illustration of MetaProp partners Zach Aarons and Aaron Block (iStock)

MetaProp set out to raise $100M for proptech investing. It’s been slow going

Fifteen months ago, MetaProp, one of the early venture-capital players in proptech, set itself an ambitious goal: raise $100...

MetaProp set out to raise $100M for proptech investing. It’s been slow going
Cushman & Wakefield’s Brett White

Cushman & Wakefield reports $101M quarterly loss

Cushman & Wakefield reported a net loss of $100.8 million in the second quarter, down from a $6.3 million...

Cushman & Wakefield reports $101M quarterly loss
Hilton CEO Chris Nassetta (Getty, iStock)

“We’re not crying in our milk”: Hilton eyes new hotels despite $432M loss in Q2

Hilton Worldwide Holdings pressed on with developing new hotels despite heavy losses last quarter. The hotel giant opened 60...

“We’re not crying in our milk”: Hilton eyes new hotels despite $432M loss in Q2
Sterling Bay CEO Andy Gloor and a rendering of facility (Sterling Bay/Gensler)

Sterling Bay plans 320K sf research lab at Lincoln Yards

Sterling Bay is banking on the rise of the life sciences industry to help anchor its Lincoln Yards megaproject....

Sterling Bay plans 320K sf research lab at Lincoln Yards
Zillow's Rich Barton (iStock)

Zillow’s revenue jumps 28%, but losses mount

Zillow beat its own doomsday predictions as homebuying bounced back quicker in the second quarter than most people predicted....

Zillow’s revenue jumps 28%, but losses mount

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