TRD Insights: Data shows rate Blacks are denied mortgages in 50 US metros
Hurdles facing Black American homebuyers and homeowners come in many forms, from steering and redlining to systemic undervaluation of...
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TRD Insights: Real estate’s most prolific PPP banks
Banks are fattening their wallets with fees for processing Small Business Administration Paycheck Protection Program loans to U.S. companies....
Aspen home with oxygen-pumping system hits market for $49M
Got $49 million to spare, love Aspen, but sick of all that altitude sickness? There’s a solution for you....
Foreign firms are vacating Hong Kong offices like never before
Foreign companies are vacating Hong Kong offices at a blistering pace. Multinational companies vacated 61 percent of the 577,000...
Lisbon might have solved its Airbnb problem
The city of Lisbon launched a program this spring to get vacant short-term rental units back onto the long-term rental market, and landlords appear to be taking them up on it. The Portuguese capital...
Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested
The search for Jeffrey Epstein confidant Ghislaine Maxwell took federal agents to a rural estate in central New Hampshire....
Spain’s richest man owns $17B in real estate
Amancio Ortega, the richest man in Spain, owns more than $17.2 billion in real estate across the world. The...
Former Apple and Tesla employees launch mass production development company
Juno Residential Inc. the latest Silicon Valley startup set on re-ordering the real estate development world. The firm plans...
Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
A new federal lawsuit accuses WeWork of bungling its response to a complaint that a mid-level manager regularly wielded weapons at the office, bragged...
Compass to appeal decision sustaining Realogy’s suit
Compass will appeal a New York judge’s decision last month to let Realogy proceed with a lawsuit that alleges...
TRD Insights: Forbearance rates fall for third week
As many Americans returned to work, mortgages in forbearance fell for the third consecutive week. Home loans in forbearance...
VC or PPP? Some proptech firms got both
Knotel has raised $560 million in venture capital since 2016. But when coronavirus hit, the flex-office provider received a PPP loan between $5 million and $10 million to retain employees. It wasn’t alone: at...
Bidders line up to buy Brooks Brothers out of bankruptcy
Two suitors are competing to take over suiting stalwart Brooks Brothers after it filed for Chapter 11 bankruptcy this...
Priciest homes that sold this week weren’t too pricey
Chicago’s luxury residential market continues to suffer through the pandemic, as the five priciest homes that sold this week...
Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks
With the free market in free fall, real estate bigwigs turned to Uncle Sam. Harry Macklowe, Aby Rosen and the U.S. subsidiary of Chinese...
Congressman pitching high-risk lifeline for CRE
A real estate financier turned U.S. representative is leading the charge to give the commercial real estate industry a...
Knotel’s Q2 revenue plunged 20%
UPDATED: July 9, 7:10 p.m.: Flex-office startup Knotel said its revenue plunged 20 percent during the second quarter, offering a glimpse of the economic toll the pandemic is having on the office market. CEO...
Private school wants $150M for East Loop campus, has perfect tenant in mind
A private school is looking to shed its East Loop campus in a sale-leaseback deal. GEMS World Academy is...