Three of Petra Drauschak’s 14 tenants have abandoned their leases during the pandemic. One had already stopped paying by February 2020, when Covid began sweeping across the U.S., but Drauschak’s hands were tied by...
The restructuring of Keller Williams’ C-suite continues, with the brokerage announcing a new president and a spate of executive promotions. The firm’s co-directors of growth, Marc King and Matt Green, will now serve as...
A month after a federal law required more transparency on real estate transactions, Manhattan District Attorney Cyrus Vance wants it expanded. Vance is requesting the Treasury Department mandate more reporting from special purpose entities...
In the first week of February, 79.2 percent of renters in 11.6 million market-rate units paid all or some...
California-based REIT Essex Property Trust reported an improvement in funds from operation in the fourth quarter of 2020, but...
Blackstone saw revenue jump in the fourth quarter, which the company attributed to some pandemic-resilient investments. The company reported $3.6 billion in revenue in the final quarter of 2020, up from $2.1 billion during...
Multifamily lenders and policymakers have taken much the same approach with evictions and mounting debt during the pandemic: Put things off and hope the rental market’s problems resolve themselves before it’s too late. That...
When Joe Biden won the 2020 election, there was a significant hurdle between the president-elect and some real estate reforms he wanted: a Republican Senate. That changed Wednesday when two Democrats won Senate seats...
After a pro-Trump mob stormed the U.S. Capitol Building Wednesday, business and real estate leaders — even those who...
A measure of pending home sales declined for the third consecutive month, as prices rise and inventory shrinks. The...
