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Akiko Matsuda






    CBRE CEO Robert Sulentic (iStock)

    CBRE lowers SPAC IPO valuation target to $350M

    CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...

    CBRE lowers SPAC IPO valuation target to $350M
    Clockwise from top left: Boston Properties' Owen Thomas; Empire Real Estate Trust's Tony Malkin; Equity Commonwealth's David Helfand; Columbia Property Trust's Nelson Mills; SL Green's Marc Holliday; Vornado Realty Trust's Steve Roth; and Brookfield's Brian Kingston (Getty)

    Office unease: Tenants are paying up but staying away

    A pattern has emerged among office landlords reporting their third quarter results: The vast majority of tenants kept up...

    Office unease: Tenants are paying up but staying away
    CBRE CEO Robert Sulentic (Getty, iStock)

    CBRE latest real estate firm to hop on SPAC bandwagon

    Another major real estate firm is hopping on the SPAC bandwagon. CBRE, the world’s largest real estate services firm,...

    CBRE latest real estate firm to hop on SPAC bandwagon
    Cushman & Wakefield CEO Brett White and CFO Duncan Palmer (Photos via Cushman & Wakefield)

    Cushman reports $37.3M loss in Q3

    Cushman & Wakefield reported a net loss of $37.3 million in the third quarter, its second consecutive quarterly loss this year. The commercial real estate giant recorded $1.9 billion in revenue in the third...

    Cushman reports $37.3M loss in Q3
    Equity Residential chairman Sam Zell (Getty)

    Equity Residential sees profits drop 58%

    Sam Zell’s Equity Residential was hit with a 58 percent decline in income in the third quarter, with urban flight severely impacting its apartment portfolio. The REIT’s net income in the third quarter was...

    Equity Residential sees profits drop 58%
    Colliers’ Jay Hennick (iStock; Colliers)

    Colliers’ profit rebounds

    Colliers International reported an 11.5 percent jump in net income during the third quarter, despite a pandemic that has significantly slowed commercial real estate activity. The real estate firm reported a profit of $32...

    Colliers’ profit rebounds
    Gov. Phil Murphy (left) and billionaire David Tepper
    Issue

    Does taxing the wealthy really drive them away?

    This year’s spring housing market came a couple of months later than usual to the leafy suburbs of New...

    Does taxing the wealthy really drive them away?

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