National
Bet against retail costs investor big-time
A hedge fund that lost millions betting against commercial real estate now claims that JPMorgan forced it to call off the gamble at the worst time, then pumped up the price of paying its...
National
Moral hazard: Landlords face new scrutiny about tenant mix
As the biggest landlord on the Las Vegas strip, Vici Properties guzzles up extraordinary amounts of electricity to power...
New York
Oceanwide willing to sell Manhattan site at $190M loss
As the Evergrande crisis continues to unfold in China, one of the country’s largest companies is trying to unload...
National Issue
The Closing: Ron Dickerman
Ron Dickerman has made quite a career out of coming in second. As the founder of Madison International Realty, which over the past two decades has pumped north of $17 billion into real estate...
National Issue
Battle of Monmouth: Zell and Sternlicht’s $2B struggle over warehouse REIT
Sam Zell waited seven years to make his next billion-dollar move. Then Barry Sternlicht crashed the party. The two...
New York
Tenants rushing back to tour offices, but things still far from normal
Office tenants are touring buildings at the highest numbers since the start of the pandemic — an early indicator...
National
Georgetown Company eyeing $1B in hotels nationwide
Adam Flatto’s Georgetown Company is looking to make a big splash in the hotel space. The firm is launching...
National
Chinese developers in US struggle as Evergrande mess threatens business back home
As the mess over China Evergrande Group — now the world’s most indebted developer — threatens to blow up...
National Issue Archive
The big inflation hedge that wasn’t
Real estate is a good hedge against inflation. So now that rising prices are dominating the economic discussion, one would expect a surge in real estate investment. But in the Covid era, that has...
New York
Ida flooding caused up to $24B in property damage Northeast: study
Catastrophic flooding in the wake of Hurricane Ida caused up to tens of billions of dollars in damages to...