National
Real estate powers Blackstone’s best quarter ever
Blackstone reported a blockbuster third-quarter this week — the best in its 36-year history. Earnings more than doubled year-over-year...
The Latest
New York
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Property & Building Corp. is planning to sell all of its $2 billion in U.S. real estate as its...
National
Trump Organization facing criminal probe over Westchester golf course
The Trump Organization is reportedly facing another investigation, this time into dealings at the Trump National Golf Club Westchester...
New York
Cushman acquires 40% stake in Greystone lending business for $500M
Cushman & Wakefield is expanding its offerings in a hot rental market, adding lending and loan services to its...
National
VTS to buy office-app developer for $200M
Proptech unicorn VTS remains committed to the revival of office life, set to make another big acquisition in the office app space. The New York-based software and data firm is set to acquire Toronto-based...
National
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company successfully restructured a massive CMBS loan, reportedly ending an 18-month saga that included accusations of undermining...
National
Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Global supply chain disruptions have sent industrial tenants into a leasing frenzy, pushing warehouse vacancy to unprecedented lows. Prologis’...
New York
Starwood raises $10B for distressed real estate plays
Barry Sternlicht’s next big real estate play is officially underway after Starwood Capital Group raised more than $10 billion...
National
How commercial real estate survived the pandemic
Commercial real estate’s resilience through the pandemic hinged on its surprising flexibility and new focus on convenience — themes...
National
First-time fund managers bet $480M on self-storage across US
A pair of first-time real estate fund managers are betting half a billion dollars on the ever-resilient self-storage sector....
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