Retailers boost rent payments but Covid surge prompts caution
The proportion of rent Burger King paid in June compared to May was a whopper. The fast-food chain forked...
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Baird & Warner, Sterling Bay secured big PPP funds
Baird & Warner, Chicago’s oldest residential brokerage, received between $5 million and $10 million from the federal Payroll Protection...
These real estate companies got fat PPP loans
In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...
UK home prices hit a low not seen since 2012
Home prices in the United Kingdom dropped ever so slightly year-over-year in June, the first annual drop since December...
Real estate groups challenge San Fran’s permanent ban on coronavirus-related evictions
San Francisco’s landlords are not happy about the city’s recent ban on coronavirus-related evictions. Four real estate trade groups...
Retail-to-residential conversions are in cards at America’s doomed malls
Mall vacancies are surging, so what to do with all that empty space? Apartment and condominium conversions could proliferate....
Inside a $1.8B new development odyssey
When Michael Rosenfeld made the deal for the site of the Century Plaza condo back in 2008, he knew it was one that would define his legacy. “This is a rare opportunity to buy...
NYC gyms plan class action suit against Cuomo
Thousands of New York gym owners plan to file a class-action lawsuit against Gov. Andrew Cuomo challenging his decision...
Mortgage rates hit all-time low
The downward slide in mortgage rates produced a new milestone this week, according to Freddie Mac’s latest primary mortgage market survey. The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2,...
LA County ordered to shut indoor dining for 3 weeks as Covid cases climb
With coronavirus cases on the rise again, Gov. Gavin Newsom has ordered Los Angeles County to shut indoor dining...
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