National
Landlords increasingly turn to lawsuits against nonpaying retailers
It’s been nearly a year since the start of the pandemic — and for some retailers, that means it’s...
United clips wings at Willis Tower, continuing Chicago office exodus
Tishman Speyer seeks $250M for second blank-check firm
Latest News
New York
Beam Suntory will move HQ to 11 Madison Ave from Chicago
Beam Suntory is making a big move from Chicago to New York. The liquor giant, which produces whisky brands...
National
Ex-Freddie Mac CEO launching lending platform with Meridian, Barings
Freddie Mac’s recently departed CEO is now heading up a new agency-lending platform backed by Meridian Capital Group and...
National
Biden exec order lays foundation for restoring fair-housing rule
President Joe Biden has taken the first step toward reinstating a fair housing rule that was scrapped by the...
National
Blackstone revenue jumps in Q4
Blackstone saw revenue jump in the fourth quarter, which the company attributed to some pandemic-resilient investments. The company reported $3.6 billion in revenue in the final quarter of 2020, up from $2.1 billion during...
United clips wings at Willis Tower, continuing Chicago office exodus
Blame the not-so-friendly economic skies for United Airlines’ decision to shed 150,000 square feet of space from its headquarters...
National
Investcorp buys five apartment buildings across US
Private equity firm Investcorp Holdings has purchased five apartment buildings across the U.S. in a deal valued at $330...
Sponsored
Getting Out and About in Chicago in 2021
Chicago is fully entrenched in winter and most indoor attractions and establishments remain closed, but there’s no need to hibernate. There are a handful of ways to get out and enjoy activities that don’t...
National
Average size of home mortgage nears $400K
Applications for home loans fell last week as rates ticked up and the average loan size neared the $400,000 threshold. An index that tracks mortgage applications to buy homes dropped 4 percent, seasonally adjusted,...
National
Values of Class A malls down 45% from 2016 levels
The value of America’s luxury malls is roughly half what it was in 2016, a worrying sign for an...
National Issue
What celeb buyers want during the pandemic
In South Florida, the rush of celebrities started with the Super Bowl. “There were an incredible amount of celebrities in town,” said Dina Goldentayer, a Miami-based executive director of sales at Douglas Elliman. That...
Time Equities eyes hundreds more units at 1000M
Time Equities’ revised plan for its 1000M tower means building nearly that many residential units. The firm is seeking...
National
Life sciences boom continues with 36M sf in works
Demand for life sciences doesn’t seem to be letting up. As the need for wet lab space exceeds the...
National
US home prices surged 9.5% in November
In November, indices tracking U.S. home prices surpassed a historic high point of nearly 15 years ago. The S&P CoreLogic Case-Shiller US National Home Price Index rose 9.5 percent year-over-year in November, up from...
Los Angeles
Matthew Perry parts with Malibu beach house for $13M
It’s one Los Angeles property down and another to go for Matthew Perry. The “Friends” star sold his beachfront...
National Issue
These startups want to guarantee your rent
As millions of Americans struggle to pay their rent on time, investors are betting on a crop of startups to help landlords get their money. New companies such as Flex, Till and NestEgg have...
National Insights
Real estate prices fell more in Manhattan than anywhere else in 2020
Real estate prices in the U.S. have risen at a steady pace since the last recession, and even a...
National
Multifamily landlords feel pain as tenants miss rent payments
Multifamily property owners fared better in the past year than those in other real estate sectors, but as the...