Goldman Sachs


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A photo illustration of Goldman Sachs CEO David Solomon (Getty; iStock)

Goldman Sachs to juice cash-strapped RE owners with $3B fund

Big money will be deployed into cash-deprived real estate funds that have been hit by the coronavirus pandemic. Goldman...

Goldman Sachs to juice cash-strapped RE owners with $3B fund
Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images)

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan

WeWork’s got a new bank and a new line of credit. Goldman Sachs arranged a $1.75 billion line of...

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan
Jho Low and the Time Warner Center at 25 Columbus Circle (Credit: Getty Images)

Financier at center of 1MDB fraud case agrees to give up hundreds of millions of dollars

Fugitive financier Jho Low will stop fighting for assets valued between $650 million to $900 million in the massive...

Financier at center of 1MDB fraud case agrees to give up hundreds of millions of dollars
Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
Uber founder Travis Kalanick (Credit: Getty Images and iStock)

Investors bet on restaurants’ move to
delivery-only

Startups are trying out a new model for restaurants in the age of food delivery: shared kitchens in warehouse...

Investors bet on restaurants’ move to
delivery-only
An office built in a shipping container

A wave of venture capital is pouring into construction tech sector

Investment in the sector totaled $6.1 billion last year, nearly double what was invested in 2017 and a 1,632...

A wave of venture capital is pouring into construction tech sector
Westbrook Partners lands investment from Goldman Sachs

Westbrook Partners lands investment from Goldman Sachs

Petershill, a subsidiary of Goldman Sachs’ asset management unit, has bought a stake in real estate investment firm Westbrook...

Westbrook Partners lands investment from Goldman Sachs
EJF Capital is latest investor to tap Opportunity Zones profit potential

EJF Capital is latest investor to tap Opportunity Zones profit potential

Investors are going all in on a government program that allows them to defer and potentially forgo paying capital...

EJF Capital is latest investor to tap Opportunity Zones profit potential
Stabilis Capital plans to renovate Inn of Chicago with $97M loan

Stabilis Capital plans to renovate Inn of Chicago with $97M loan

After putting the Inn of Chicago on the market last year, New York-based Stabilis Capital Management has opted to...

Stabilis Capital plans to renovate Inn of Chicago with $97M loan
REI signs lease for 40K sf flagship store along Chicago River

REI signs lease for 40K sf flagship store along Chicago River

REI leased a 40,000-square-foot building along the North Branch of the Chicago River. The Washington-based outdoors apparel chain inked...

REI signs lease for 40K sf flagship store along Chicago River
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