The story of WeWork’s mysterious first investor
In 2010, WeWork’s Miguel McKelvey and Adam Neumann were two unknown entrepreneurs scouting buildings for their first co-working space....
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Konrad Putzier
New York Archive Issue
What’s a property worth? Depends who’s asking
Starwood Capital Group made a big bet on the U.S. retail market in November 2013. Barry Sternlicht’s private equity...
National
Here’s one way to tell if a tower is in trouble
Want to understand if a major property is at risk of defaulting on their loans? One way to tell...
National
Age of empires: Why Moody’s is ready to take on CoStar
When commercial real estate data company Reis began looking for buyers this spring, CoStar Group was among the first...
National
The Long View: How mortgage banks created the co-working lease
Andrew Ross Sorkin, author of the book “Too Big To Fail,” recently wrote an opinion piece in the New...
New York
A Russian oligarch’s guide: How to hide $20M in a NYC skyscraper
A former banana importer, a fraudster deported from the United States and the co-owner of a major Russian telecommunications...
National
GreenOak, Bentall Kennedy to merge
Two major investors in New York’s real estate market are joining forces. Insurance and asset management company Sun Life Financial announced Wednesday that it plans to merge its real estate investment subsidiary Bentall Kennedy...
New York
Former Casper, HuffPost execs launch home renovation startup Block
Block Renovation, a new startup founded by former Casper and HuffPost executives, wants to shake up the home renovation...
New York
Is the great real estate job boom ending?
This spring, the British online brokerage Purplebricks landed in the Big Apple with a simple message: The city’s residential agents are making too much money. “Our view is that in 2018 no one should...
Archive
Banks are far more exposed to risky real estate loans than you think — thanks to
this loophole
UPDATED, Nov. 6, 4:47 p.m.: Last February, Slate Property Group and GreenOak Real Estate landed a $285 million loan from the Blackstone Group to...
this loophole