National Issue
The Trump Reorganization: What’s next for the president’s firm?
At a nighttime campaign rally in Macon, Georgia, last month, Donald Trump stood at the podium and tried to...
Cook County provides $1M to limit evictions, foreclosures
Here’s what tenants pay at HNA’s 1M sf Loop office tower
The Trump Reorganization: What’s next for the president’s firm?
Latest News
National
Curtains: What to do with movie theaters
Even before the pandemic, Ari Benmosche realized that running his movie theater in a traditional sense wasn’t sustainable. The owner of the Lafayette Theater, a small venue in Suffern, New York, has shown the...
National Issue
RMBS then and now: Do securitized home loans still matter?
Between April and June, when the pandemic went from a shocking jolt to a daily reality, a record number...
New York Issue
The inside story of the world’s most profitable condo
If not for 220 Central Park South, Vornado Realty Trust’s recent financials would have been a horror show. Vornado,...
National Issue
Follow the renter: Multifamily investors pour capital into unexpected markets
In Albuquerque, New Mexico, multifamily occupancy is up. Memphis, Tennessee, is seeing rising rents, and cap rates for apartment...
Archive
South Works, the 415-acre “magnificent property,” is Chicago’s biggest development opportunity
There has never been a shortage of development ideas for U.S. Steel Corp.’s massive stretch of vacant land on the South Side, now marketed...
Archive
Chicago’s once booming office market is just trying to hang on
Lisa Davidson vividly remembers the freezing temperature that numbed her toes one winter day several years ago as she...
Archive
Michael Jordan’s Chicago-area mansion has been on the market for 7 years. A buyer may not exist
As his massive compound in Chicago’s northern suburbs collects dust, Michael Jordan is now trying to part with another sprawling mansion. On Monday, His...
Archive
Cook County landlords get bad news about 2020 taxes
The numbers are in, and commercial landlords in northern Cook County are going to take a hit. Though the...
Archive
Privacy is the newest amenity
UPDATED, July 9, 5:01 p.m.: In a Covid world, privacy has become the ultimate amenity. Balconies, large roof decks, sundecks — and the ultra-exclusive park — have overtaken “tween” rooms, squash courts and pools...
National
Compass eyes IPO in 2021
Compass has tapped underwriters for a potential public offering that would be among the most buzzed-about IPOs in the residential world. The SoftBank-backed firm, which jolted traditional brokerages when it launched eight years ago,...
National
Single-family home sales dip in October, but up 41% from last year
Sales of new, single-family homes ebbed last month, but are still far ahead of where they were a year...
Cook County provides $1M to limit evictions, foreclosures
Cook County is rolling out a program that will initially provide $1 million to limit the expected avalanche of...
National Issue
Behind Deutsche Finance’s American buying binge
When Deutsche Finance Group looked to crack the U.S. real estate market, it set its sights on a prime...
National
Pandemic takes drastic toll on dry cleaners
At J’s Cleaners, business had clawed up to 40 percent of pre-pandemic levels last month. But now, with Covid-19 soaring again, that number is expected to plummet. “If this thing keeps dragging, many small...
National
Real estate deals dominate Opportunity Zones. Is that bad?
Investment in Opportunity Zones is growing at a rapid pace, and so is skepticism about the program — and...
National
Mortgage requests surge ahead of Thanksgiving
As the holiday season kicked off, buyers and homeowners got hungry for home financing. An index tracking the number...
National
Ivanka Trump and Jared Kushner prepare NJ home for arrival
New Jersey could be getting some part-time neighbors back on a full-time basis. Ivanka Trump and Jared Kushner are...
Making the Most of Thanksgiving in 2020
Thanksgiving. A holiday famous for not only food but large indoor gatherings of people. 2020 is not cooperating with the latter, but don’t let that make you think that Thanksgiving is cancelled. A smaller...