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Travis Kalanick (Getty; iStock)

Travis Kalanick cooks up a real estate empire

Uber co-founder and ex-CEO Travis Kalanick has quietly amassed a real estate empire over the past two years. Companies...

Travis Kalanick cooks up a real estate empire
Investors worry that New York City’s battered commercial real estate sector is indicative of larger issues nationwide with hotels, restaurants and retail. (iStock)

New York’s CRE woes could spread nationwide: investors

Investors are betting that trouble in New York City’s commercial real estate market will spread nationwide. Prices for debt...

New York’s CRE woes could spread nationwide: investors
Subversive CEO Richard Acosta (Photos via ICSC; iStock)

Riding high: Inception, Subversive to launch publicly traded cannabis REIT

Cannabis-focused Inception REIT will soon become a publicly traded real estate investment trust. Subversive Real Estate’s merger with Inception...

Riding high: Inception, Subversive to launch publicly traded cannabis REIT
Blackstone’s Stephen Schwarzman, Roku CEO Anthony Wood and Coleman Highline in San Jose (Blackstone; Wikipedia Commons; Coleman Highline)

Blackstone buys Roku’s Silicon Valley office buildings

A few months after making a blockbuster deal in Hollywood, Blackstone Group is making another big bet on streaming...

Blackstone buys Roku’s Silicon Valley office buildings
IKEA Chief Sustainability Officer Pia Heidenmark Cook (IKEA, iStock)

Ikea will buy back your old furniture on Black Friday

Got an old Billy bookcase or Poang chair to get rid of? Good news: Ikea will take them back,...

Ikea will buy back your old furniture on Black Friday
Blackstone’s Kathleen McCarthy with 440 Saw Mill River Road, Ardsley, New York and 1000 Gateway Boulevard in San Francisco, California (left) (Blackstone; BioMed Realty)

Blackstone bets big on life-science buildings with $14.6B deal

Blackstone Group sold a portfolio of 93 life-science buildings to a separate fund the asset manager controls for $14.6...

Blackstone bets big on life-science buildings with $14.6B deal
Nasdaq’s VC arm invests in proptech startup Dealpath

Nasdaq’s VC arm invests in proptech startup Dealpath

Dealpath, the data management startup backed by the likes of Blackstone and JLL, received a new capital injection from...

Nasdaq’s VC arm invests in proptech startup Dealpath
(Getty)

Affordable apartments could suffer 50% hit to bottom line: Fitch

A ratings agency predicts as much as a 50 percent hit to landlords’ bottom line at unsubsidized affordable apartments,...

Affordable apartments could suffer 50% hit to bottom line: Fitch
Breather’s Bryan Murphy (Linkedin)

Breather launches membership program for on-demand offices

Breather, a startup that rents office space and meeting rooms by the day, is looking for more long-term relationships....

Breather launches membership program for on-demand offices
Grocery store foot traffic is down overall since the start of the pandemic (Getty)

These grocery stores saw the biggest drops in foot traffic

When governments began implementing stay-at-home orders in March, grocery stores were classified as essential businesses — but some were...

These grocery stores saw the biggest drops in foot traffic
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