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Broadway Federal Bank CEO Wayne-Kent Bradshaw and City First Bank CEO Brian Argrett (Photos via Getty, City First Bank)
National

Black-led banks combine, focused on multifamily housing

Two banks have merged to form the country’s largest Black-led lender. The combination of Broadway Federal Bank in Los...

Black-led banks combine, focused on multifamily housing
200 East 59th Street and United Overseas Bank CEO Wee Ee Cheong (Google Maps, UOB)

Condo project beats the odds, lands $204M loan

A Midtown building that has found buyers for only seven of 68 units since sales launched in 2017 has...

Condo project beats the odds, lands $204M loan
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)
National

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)
National

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
A look at some of the new methods to value and appraise homes in New York during the state of emergency brought about by coronavirus (Illustration by The Real Deal; Credit: Rechanfle via Flickr)
National

How to value a property in the time of Covid-19

These days, Quinn Rawh drives from property to property wearing a mask and gloves and makes sure to have...

How to value a property in the time of Covid-19

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