National September 2020 Issue


Real estate donors backing Biden over Trump

President Donald Trump and Joseph Biden (Getty, iStock)

As the pandemic continues to wreak havoc on real estate, industry donors are siding with Joe Biden over President Donald Trump, records show. They have so far given $17.1 million to the former vice president’s campaign and political action committees backing him, and $15.6 million to Trump, according to the Center for Responsive Politics, a nonpartisan research group which tracks money in U.S. politics. Although markets have prospered under presidents… [more]

From left: Joe Biden, Starwood Capital's Barry Sternlicht, Blackstone's Stephen Schwarzman and Donald Trump (Getty; iStock)

Where real estate’s investment giants stand on Biden vs. Trump

Private equity and other major investment firms have donated more to Joe Biden than President Donald Trump so far...

Where real estate’s investment giants stand on Biden vs. Trump
Democratic presidential nominee Joe Biden has laid out changes he would make to programs and policies beloved by the real estate industry. (Photos via Getty Images)

Five ways Biden could change the game for real estate

For the last four years, real estate companies have had one of their own in the White House —...

Five ways Biden could change the game for real estate
President Donald Trump and HUD Secretary Ben Carson (Getty; iStock)

Trump’s fair housing repeal roils multifamily developers

This summer, President Donald Trump put low-income people on notice: The suburbs would be off-limits to them. His administration...

Trump’s fair housing repeal roils multifamily developers
Airbnb CEO Brian Chesky (Getty, iStock)

Why Airbnb is going public in a pandemic

An industrial design graduate from upstate New York, Brian Chesky wasn’t your typical Silicon Valley CEO when he began thinking in earnest about taking his company public. Nine years earlier, in 2008, he had...

Why Airbnb is going public in a pandemic
A nationwide sublease surge

A nationwide sublease surge

When R/GA moved its New York headquarters to Brookfield Property Partners’ 5 Manhattan West, some praised the global advertising agency for adopting state-of-the art technologies entirely controlled by apps. The new 173,000-square-foot office was...

A nationwide sublease surge
Korean wave pours into U.S. commercial real estate

Korean wave pours into U.S. commercial real estate

In April, as New York faced the darkest days of the coronavirus outbreak to date, the city’s biggest office...

Korean wave pours into U.S. commercial real estate
Trump’s crackdown on TikTok and WeChat could further chill Chinese investment in U.S. real estate.

TikTok, Clarice: Why the government’s moves against Chinese firms could hurt real estate

Daniel Chang’s phone wouldn’t stop lighting up. It was the night of Aug. 6, shortly after President Trump signed...

TikTok, Clarice: Why the government’s moves against Chinese firms could hurt real estate
Inside the ugly dispute between Michael Shvo and his partner pal

Inside the ugly dispute between Michael Shvo and his partner pal

Michael Shvo’s rule-breaking had finally caught up with him. The controversial broker-turned-developer was sidelined on more than $2 billion...

Inside the ugly dispute between Michael Shvo and his partner pal
ICSC President Tom McGee (ICSC via YouTube, iStock)

ICSC’s “incredibly tragic day” and rough year ahead

UPDATED Sept. 9, 2020, 3:45 pm: Employees of the International Council of Shopping Centers woke up to an alarming...

ICSC’s “incredibly tragic day” and rough year ahead
Stay-at-home orders and virtual classes have asked serious questions of the once-booming market for student housing. (Photo: University of North Carolina at Chapel Hill via Getty)

Quiet dorms and distress storms: Student housing sector takes hit

A few days into classes in August, students at the University of North Carolina at Chapel Hill were in...

Quiet dorms and distress storms: Student housing sector takes hit
From left: David Singelyn of Homes 4 Rent, Jacque Petroulakis of NextMetro, and Adam Adler of Global City (Photos via Nexmetro, Global City, Singelyn via Cal Poly Pomona)

Developers bet big on build-for-rent in these uncertain times

Since moving from an apartment building in Allen, Texas to a two-bedroom house in nearby McKinney in April, Joy...

Developers bet big on build-for-rent in these uncertain times
Real estate brokerages in Los Angeles and elsewhere have made shifts in their business over the last five months that could be for the long-term.

Survival of the slimmest: TRD looks at the future of the residential brokerage

In early April a dejected-looking Kurt Wisner posted a video in front of an empty van. “I’ve got a...

Survival of the slimmest: TRD looks at the future of the residential brokerage
Mayor Bill de Blasio’s response to the budget crisis has been to seek federal aid and borrowing authority. (Getty, iStock)

NYC’s fiscal fiasco vexes real estate industry

Back when it was flush with cash, the de Blasio administration heeded developers’ request to add technical staffers at...

NYC’s fiscal fiasco vexes real estate industry
Making sense of Facebook, Google and the office bubble aftermath

Making sense of Facebook, Google and the office bubble aftermath

Facebook grew its New York footprint gradually at first, occupying 55,000 feet at 335 Madison Ave and then 100,000...

Making sense of Facebook, Google and the office bubble aftermath
Timber REITs are having a mighty moment

Timber REITs are having a mighty moment

When the coronavirus crisis slammed the U.S. economy, owners of vast forests of timberland saw business take a big hit as most new construction ground to a halt along with demand for wood products....

Timber REITs are having a mighty moment
The Closing: Carl Weisbrod

The Closing: Carl Weisbrod

Carl Weisbrod has been a fixture in city government for more than four decades. He joined the administration of New York City Mayor John Lindsay as an attorney with the Department of Relocation in...

The Closing: Carl Weisbrod
The self-lockdown lifestyle of AKA’s Larry Korman

The self-lockdown lifestyle of AKA’s Larry Korman

Life under quarantine has brought big changes for everyone. For Larry Korman — the head of property development, management...

The self-lockdown lifestyle of AKA’s Larry Korman
Editor's note: We’re all holding our breath

Editor's note: We’re all holding our breath

If there’s one thing investors don’t like, it’s uncertainty. Unfortunately, that’s all we seem to have these days. As...

Editor's note: We’re all holding our breath

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