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Industrial brokers say coronavirus is hurting but not destroying interest in their properties. (Credit: iStock)

Boom’s over, but industrial brokers keep busy

Soon after Gov. Andrew Cuomo put New York’s strict social distancing rules in place, industrial broker Thomas Donovan’s phone...

Boom’s over, but industrial brokers keep busy
(Illustration by Maciej Frolow)

What other nations’ coronavirus experiences predict for us

The United States is now at the forefront of the coronavirus pandemic, after weeks of watching from a distance...

What other nations’ coronavirus experiences predict for us
From left: David Weitz, Steve Wernick, Michael Lirtzman, Joe Furst, and Erik Rutter

Silicon Valley heads to Wynwood’s office market

UPDATED, April 8, 11:30 a.m.: Wynwood has changed quickly from the early 2000s, when it was home to a...

Silicon Valley heads to Wynwood’s office market
Miami Beach Mayor Dan Gelber and the Miami Beach Convention Center (Credit: Google Maps)

Miami Beach Convention Center to become temporary hospital during pandemic

The Miami Beach Convention Center is one of 17 “alternate care sites” the U.S. Army Corps of Engineers is...

Miami Beach Convention Center to become temporary hospital during pandemic
Spencer Rascoff (Credit: John Lamparski/Getty Images)

Zillow co-founder Spencer Rascoff leaves board

Fourteen months after being replaced as Zillow’s chief executive, co-founder Spencer Rascoff is leaving the company’s board of directors....

Zillow co-founder Spencer Rascoff leaves board
A quarter of Prologis’ tenants request a break on rent. Most won’t get it

A quarter of Prologis’ tenants request a break on rent. Most won’t get it

Even the booming industrial real estate sector isn’t immune from the effects of the pandemic. Prologis, one of the...

A quarter of Prologis’ tenants request a break on rent. Most won’t get it
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi (Credit: (Photo by Drew Angerer/Getty Images)

Congress fixed tax code “retail glitch” and gave real estate a tax windfall

Real estate owners can thank a fix to the “retail glitch” — rectified in the $2 trillion economic bailout...

Congress fixed tax code “retail glitch” and gave real estate a tax windfall
11935 Lost Tree Way, Jack Welch and Suzy Welch (Credit: K2 Realty, Jamie McCarthy/Getty Images)

Late Jack Welch’s North Palm Beach estate sells for $21M

The trust of the late former CEO of General Electric, Jack Welch, sold a waterfront estate near North Palm...

Late Jack Welch’s North Palm Beach estate sells for $21M
As the coronavirus crisis sends property values tumbling, funds focused on opportunistic and distressed-asset investments sense a greater opportunity than that seen during the 2008 financial crisis. (Credit: iStock)

Coronavirus distress is “opportunity of the century” for real estate investors

As the coronavirus crisis sends property values tumbling, real estate investors sense an even greater buying opportunity than the...

Coronavirus distress is “opportunity of the century” for real estate investors
Map of priciest condo sales and Murano Grande in Miami Beach

Here are the top condo sales in Miami last week

 Condo sales in Miami-Dade County held steady last week, with a slight drop in the number of units...

Here are the top condo sales in Miami last week
Wesley Edens’s Fortress Investment Group picked up a mortgage bond portfolio for a steal (Credit: Drew Angerer/Getty Images, iStock)

Sharks circle as mortgage lenders shed portfolios at steep discounts

With mortgage lenders under pressure as homeowners miss payments, you better believe the sharks are circling. Opportunistic funds including...

Sharks circle as mortgage lenders shed portfolios at steep discounts
Eighty Seven Park and David Martin

Eighty Seven Park condo sells for $18M to tax-motivated buyer

A condo at the Renzo Piano-designed Eighty Seven Park in North Beach sold for $18.23 million last week. David...

Eighty Seven Park condo sells for $18M to tax-motivated buyer
WeWork CEO Sandeep Mathrani and Softbank CEO Masayoshi Son (Mathrani by Neilson Barnard/Getty Images; Son by Tomohiro Ohsumi/Getty Images)

WeWork sues SoftBank for scrapping $3B bailout

It’s official — WeWork is suing its biggest backer. And this probably won’t be the last time. The embattled...

WeWork sues SoftBank for scrapping $3B bailout
Tonight on TRD Talks: Maintaining multifamily in a tumultuous time

Tonight on TRD Talks: Maintaining multifamily in a tumultuous time

With much of the nation staying indoors, the home is now where everyone is. For many, especially in New...

Tonight on TRD Talks: Maintaining multifamily in a tumultuous time
Badgley Mischka is getting into real estate development

Badgley Mischka is getting into real estate development

Beverly Hills-born fashion brand Badgley Mischka has inked a deal to brand real estate developments across the nation. The...

Badgley Mischka is getting into real estate development
Redfin CEO Glenn Kelman (Credit: Randy Stewart via Flickr; iStock)

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents

In the most drastic cuts seen in residential brokerage since the pandemic began, Redfin said Tuesday that it would...

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents
Airbnb CEO Brian Chesky (Chesky by Bryan Bedder/Getty Images for Airbnb)

Airbnb raises $1B from private equity firms

As its global host network struggles and its planned initial public offering faces uncertainty, Airbnb is landing a financial lifeline to help it weather the coronavirus storm. The home-sharing company is raising $1 billion...

Airbnb raises $1B from private equity firms
AHS Residential Ernesto Lopes and AHS Residential Tamiami (Credit: AHS)

AHS Residential scores $33M construction loan for Kendall apartment complex

AHS Residential scored a $33 million construction loan to build an apartment complex in front of Kendall-Tamiami Executive Airport....

AHS Residential scores $33M construction loan for Kendall apartment complex

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