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Mary Diduch





    Global private real estate investment continues to fall as the coronavirus continues to force economics to a standstill. (Credit: iStock)
    National

    Private real estate investment deals tumble worldwide

    The number of private real estate investment deals plunged worldwide last month, the latest example of the coronavirus’ all-consuming...

    Private real estate investment deals tumble worldwide
    Robert Taubman of Taubman Centers, Louis Conforti of Washington Prime Group and David Simon of Simon Property Group (Credit: Donato Sardella/Getty Images, Mireya Acierto/Getty Images, iStock)
    National

    Mall stocks fall as retail sales plunged in March

    The stocks of mall real estate investment trusts tumbled Wednesday, as the U.S. saw a record drop in retail...

    Mall stocks fall as retail sales plunged in March
    Donald Trump and Trump International Hotel at 1 Central Park West (Credit: Alex Wong/Getty Images, Google Maps)
    National

    Trump International Hotel lays off 70 employees

    The Trump Organization’s Trump International Hotel & Tower in Manhattan has laid off 70 employees, a filing made public...

    Trump International Hotel lays off 70 employees
    Federal Reserve Chairman Jerome Powell (Photo by Sarah Silbiger/Getty Images)
    National

    Fed ramps up lending with new $2.3T program

    The Federal Reserve is injecting an additional $2.3 trillion in loans to bolster a frozen economy, which continues to be on lockdown as the spread of the coronavirus accelerates. Thursday’s financing announcement came as...

    Fed ramps up lending with new $2.3T program
    From left: Intercontinental Miami, Hotel 166 in Chicago and the Ritz-Carlton in New York (Credit: IC Miami Hotel, Google Maps and The Ritz-Carlton)
    National

    Hotel occupancy rate across US drops to 22%

    The coronavirus pandemic continued to batter the U.S. hotel market in the first week of April. The national hotel occupancy rate plunged to 21.6 percent for the week ending April 4, a nearly 69...

    Hotel occupancy rate across US drops to 22%

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