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TRD Insights: Data shows rate Blacks are denied mortgages in 50 US metros

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...

TRD Insights: Data shows rate Blacks are denied mortgages in 50 US metros
(iStock)

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....

TRD Insights: Real estate’s most prolific PPP banks
Aspen home with oxygen-pumping system hits market for $49M

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....

Aspen home with oxygen-pumping system hits market for $49M
Foreign firms are vacating Hong Kong offices like never before

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...

Foreign firms are vacating Hong Kong offices like never before
Lisbon, Portugal (Unsplash)

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...

Lisbon might have solved its Airbnb problem
Ghislaine Maxwell and her New Hampshire estate (Getty, Greg Bruce Hubbard)

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....

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested
Amancio Ortega (Getty)

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...

Spain’s richest man owns $17B in real estate
Juno CEO Jonathan Scherr and a rendering of the project 

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...

Former Apple and Tesla employees launch mass production development company
(iStock)

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...

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
Photo illustration of Ryan Schneider and Robert Reffkin (Getty)

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...

Compass to appeal decision sustaining Realogy’s suit
(iStock)

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...

TRD Insights: Forbearance rates fall for third week
VC or PPP? Some proptech firms got both

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...

VC or PPP? Some proptech firms got both
346 Madison Aveue (Google Maps, iStock)

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...

Bidders line up to buy Brooks Brothers out of bankruptcy
180 E. Pearson St. and 3933 N. Oakley Ave. (Redfin)

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...

Priciest homes that sold this week weren’t too pricey
From left: G.H. Palmer's Geoffrey Palme, RFR Holdings' Aby Rosen, Macklowe Properties' Harry Macklowe, Thor Equities' Joseph Sitt and Ellicott Development's Carl Paladino (Getty, iStock)

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...

Harry Macklowe, Aby Rosen and Joe Sitt among 6,500+ developers, landlords who got PPP bucks
Texas Republican Rep. Nicholas Van Taylor (Getty, iStock)

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...

Congressman pitching high-risk lifeline for CRE
Knotel CEO Amol Sarva (Sasha Maslov, iStock)

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...

Knotel’s Q2 revenue plunged 20%
Thomas Cangiano, Head of School for GEMS World Academy in Chicago and 350 E. South Water St. in the East Loop (Building photo by Eric Allix Rogers via Open House Chicago)

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...

Private school wants $150M for East Loop campus, has perfect tenant in mind

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