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An institutional investor’s sale of a 7 percent stake in an exchange-traded real estate fund reveals deep concerns about the sector. (Credit: iStock)

Mystery investor dumps big stake in real estate fund

As stocks tumbled last week, an unknown institution sold more than 10.5 million shares of an exchanged-traded fund that...

Mystery investor dumps big stake in real estate fund

Cantor Fitzgerald CEO Howard Lutnick (Credit: Lutnick by Rob Kim/Getty Images)

Cantor Fitzgerald to lay off hundreds of staff

Cantor Fitzgerald is reportedly planning to make hundreds of job cuts, a move that would mark the largest reductions...

Cantor Fitzgerald to lay off hundreds of staff

Miller Samuel's Jonathan Miller and Department of the Treasury and Steve Mnuchin (Credit: Wikipedia; Getty Images)

Banks get 120-day deferrals on appraisals

In an extraordinary move meant to keep real estate lending flowing, regulators are permitting banks to move ahead with closing loans without having an appraisal completed in advance. Federal banking agencies released an interim...

Banks get 120-day deferrals on appraisals
Colony Capital's Tom Barrack and RXR Realty's Scott Rechler (Credit: Getty Images)
New York

Colony Capital sells stake in RXR Realty

Colony Capital has offloaded its stake in New York real estate firm RXR Realty for an undisclosed sum. The investment platform, led by Tom Barrack, sold the 27.2 percent stake to Dyal Capital Partners,...

Colony Capital sells stake in RXR Realty
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