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The drop occurred after a record 6.6 million Americans filed for unemployment benefits last week. (Credit: photo by Victor J. Blue/Getty Images; iStock)

Early April sees 15% drop in rent-paying nationwide: report

Only 69 percent of tenants paid rent in the first five days of April — a 12-point drop from...

Early April sees 15% drop in rent-paying nationwide: report
Homeowners are halting mortgage payments as forbearance rates surge. (Credit: iStock)

Mortgage forbearance surged on April 1: report

As tenants struggle to pay rent, homeowners are struggling to make mortgage payments. The rates of mortgages in forbearance...

Mortgage forbearance surged on April 1: report
Industrial brokers say coronavirus is hurting but not destroying interest in their properties. (Credit: iStock)

Boom’s over, but industrial brokers keep busy

Soon after Gov. Andrew Cuomo put New York’s strict social distancing rules in place, industrial broker Thomas Donovan’s phone...

Boom’s over, but industrial brokers keep busy
Silverstein Properties CEO Marty Burger and a microscopic view of Covid-19 (Credit: Ilya S. Savenok/Getty Images, CDC)

“We can’t be everybody’s bank”: Marty Burger on how Silverstein is working with tenants and his Covid-19 recovery

When Marty Burger addressed 130 real estate players at a ski retreat in early March, he said the event might be the last “before...

“We can’t be everybody’s bank”: Marty Burger on how Silverstein is working with tenants and his Covid-19 recovery
Assemblyman Jeffrey Dinowitz, Senator Brad Hoylman and Senator Liz Krueger (Credit: Dinowitz via NY Assembly, Hoylman via Scott Heins/Getty Images, Kruger via NY Senate)

New York pols want to extend eviction moratorium

Three progressive politicians are seeking to prevent a “tidal wave” of evictions when housing court re-opens. New York State...

New York pols want to extend eviction moratorium
WeWork CEO Sandeep Mathrani and Softbank CEO Masayoshi Son (Mathrani by Neilson Barnard/Getty Images; Son by Tomohiro Ohsumi/Getty Images)

WeWork sues SoftBank for scrapping $3B bailout

It’s official — WeWork is suing its biggest backer. And this probably won’t be the last time. The embattled...

WeWork sues SoftBank for scrapping $3B bailout
Wesley Edens’s Fortress Investment Group picked up a mortgage bond portfolio for a steal (Credit: Drew Angerer/Getty Images, iStock)

Sharks circle as mortgage lenders shed portfolios at steep discounts

With mortgage lenders under pressure as homeowners miss payments, you better believe the sharks are circling. Opportunistic funds including...

Sharks circle as mortgage lenders shed portfolios at steep discounts
Tonight on TRD Talks: Maintaining multifamily in a tumultuous time

Tonight on TRD Talks: Maintaining multifamily in a tumultuous time

With much of the nation staying indoors, the home is now where everyone is. For many, especially in New...

Tonight on TRD Talks: Maintaining multifamily in a tumultuous time
Redfin CEO Glenn Kelman (Credit: Randy Stewart via Flickr; iStock)

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents

In the most drastic cuts seen in residential brokerage since the pandemic began, Redfin said Tuesday that it would...

“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi (Credit: (Photo by Drew Angerer/Getty Images)

Congress fixed tax code “retail glitch” and gave real estate a tax windfall

Real estate owners can thank a fix to the “retail glitch” — rectified in the $2 trillion economic bailout...

Congress fixed tax code “retail glitch” and gave real estate a tax windfall
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