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...
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Akiko Matsuda
Domio not shutting down, plans “financial re-engineering”
Reports of Domio’s demise have been greatly exaggerated, according to the company’s interim CEO. In response to a recent...
Los Angeles
Industrious partners with landlords to offer tenants satellite workplaces
Flexible-office provider Industrious is partnering on a program with office landlords that will give tenants the ability to use...
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...
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,...
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...
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...
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...
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...
Chicago Archive
Chicago’s once booming office market is just trying to hang on
Lisa Davidson vividly remembers the freezing temperature that numbed her toes one winter day several years ago as she...