Coronavirus


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As the coronavirus crisis sends property values tumbling, funds focused on opportunistic and distressed-asset investments sense a greater opportunity than that seen during the 2008 financial crisis. (Credit: iStock)

Coronavirus distress is “opportunity of the century” for real estate investors

As the coronavirus crisis sends property values tumbling, real estate investors sense an even greater buying opportunity than the...

Coronavirus distress is “opportunity of the century” for real estate investors
Airbnb CEO Brian Chesky (Chesky by Bryan Bedder/Getty Images for Airbnb)

Airbnb raises $1B from private equity firms

As its global host network struggles and its planned initial public offering faces uncertainty, Airbnb is landing a financial lifeline to help it weather the coronavirus storm. The home-sharing company is raising $1 billion...

Airbnb raises $1B from private equity firms
Absent federal assistance, landlords and real estate developers are at the mercy of their lenders. (Credit: iStock)

Landlords locked out of $350B Paycheck Protection Program

The federal loan program meant to help small businesses weather the coronavirus’ economic impact leaves landlords out. Owners of...

Landlords locked out of $350B Paycheck Protection Program
46 Cook Street in Brooklyn (Credit: Google Maps)

Williamsburg biz takes 53% more space to meet demand

A digital pharmacy significantly increased the size of its new lease in Williamsburg because of the coronavirus pandemic, according...

Williamsburg biz takes 53% more space to meet demand
(Illustration by Maciej Frolow)

What other nations’ coronavirus experiences predict for us

The United States is now at the forefront of the coronavirus pandemic, after weeks of watching from a distance...

What other nations’ coronavirus experiences predict for us
From left: Brian Stoffers, chairman of Mortgage Bankers Association, Bob Goldberg, CEO of The National Association of Realtors, and Dean Mon, chairman of National Association of Home Builders (Credit: Stoffers via Thomas Yau/South China Morning Post via Getty Images; Goldberg via NAR; Mon via Michael Loccisano/FilmMagic; iStock)

As forbearance wave hits, real estate industry begs Fed to take action

The commercial real estate industry is asking the federal government to buy bonds, assets, or lend money to mortgage...

As forbearance wave hits, real estate industry begs Fed to take action
Softbank CEO Masayoshi Son (Photo by Tomohiro Ohsumi/Getty Images)

“Tactically, I’ve made regrets. Strategically, I am unchanged:” The Masa Son interview

Following the billions it has plowed into now-beleaguered WeWork, compounded by the coronavirus crisis, SoftBank’s stock is trading well below the value of its...

“Tactically, I’ve made regrets. Strategically, I am unchanged:” The Masa Son interview
Proptech and the pandemic TRD Talks Live

Proptech and the pandemic: Will coronavirus change how real estate works?

Proptech pioneers have long sought to disrupt the real estate industry with new ways of doing business. Will the...

Proptech and the pandemic: Will coronavirus change how real estate works?
Catch New York at 21 9th Avenue (Credit: Catch; iStock)

Catch Hospitality Group laid off nearly 770 last month

Catch Hospitality Group has laid off 767 people from its stable of New York City restaurants. Over 356 workers...

Catch Hospitality Group laid off nearly 770 last month
Map of essential active construction sites (Credit: NYC Department of Buildings)

City clears another 300 construction sites for “emergency” work

The number of emergency construction sites exempt from the state’s shutdown of non-essential work has jumped by more than...

City clears another 300 construction sites for “emergency” work
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