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Need to pay bills? Millions of Americans would borrow against their homes: report
September 19, 2018 03:30PM
Is paying the electricity bill worth taking out a second mortgage? Around one in six Americans thinks so. About 24 million U.S. homeowners think...
Former head of Ping An’s real estate arm joins Winter Properties
September 17, 2018 05:00PM
Winter Properties has tapped the former CEO of a Chinese insurance company’s real estate arm as its new president. Rick Singer left Ping An’s...
Step aside New York, Hong Kong is now home to the most ultra-rich people
September 16, 2018 10:00AM
Hong Kong has overtaken New York as the city of being occupied by the most ultra-wealthy individuals — that is, people worth at least...
A decade after the crash, “there’s something churning” RE experts agree
September 15, 2018 03:00PM
For Hans Futterman, it was a dream defaulted. The developer assembled a vacant plot of land — formerly a Shell gas station and a...
Brause, partners land $110M refi for new LIC luxury tower
September 14, 2018 01:30PM
UPDATED, Sep. 14, 3:36 p.m.: The Forge, a new luxury rental tower in Long Island City, just landed a $110 million loan. Brause Realty,...
Gary Cohn supported Goldman’s controversial dealings with 1MDB, book says
September 14, 2018 10:35AM
Gary Cohn, the former president of Goldman Sachs and White House economic advisor, supported his company’s dealings with 1MDB, the controversial Malaysian state fund,...
The end is near: Downtown Miami’s condo cycle will likely end this year, report shows
September 14, 2018 08:00AM
After a more than eight-year run that changed the Magic City’s skyline, Greater Downtown Miami’s condo cycle is likely nearing the end. The Downtown...
Demand for home loans falls sharply amid rising interest rates
September 13, 2018 08:00AM
Across the U.S., home loan originations fell to a four-year low in the second quarter, as rising interest rates have made mortgages more expensive....
Big win for brokers: IRS says certain real estate pros can qualify for tax deduction
September 12, 2018 05:00PM
After some initial confusion, the federal government has indicated that certain real estate brokers can qualify for a hefty tax deduction. The Internal Revenue...
Brookfield just landed a $96M loan for its South Bronx megaproject
September 11, 2018 06:15PM
HSBC has loaned Brookfield Property Partners $96.2 million for the company’s South Bronx megaproject. The loan for Brookfield’s purchase of 101 Lincoln Avenue and...
Youngwoo, EquityMultiple plan to launch $500M national opportunity zone fund
September 11, 2018 09:30AM
Developer Youngwoo & Associates is partnering with the real estate investment startup EquityMultiple to launch an opportunity zone fund focusing on projects throughout the...
Freddie Mac CEO to step down next year
September 10, 2018 09:00AM
Freddie Mac CEO Donald Layton is set to retire next year. Layton, who’s been the chief executive since 2012, will retire in the second...
Behind the AG finance bureau’s master plan
September 10, 2018 07:30AM
Eric Schneiderman’s resignation following multiple allegations of physical abuse threw the state’s top legal office into limbo. While Solicitor General Barbara Underwood has taken on...
Taconic, Clarion land $115M refi for Bronx housing complex
September 07, 2018 02:15PM
Taconic Investment Partners and Clarion Partners landed a $115 million mortgage for Eastchester Heights, an apartment complex that occupies five city blocks in the...
Fried Frank partner Stuart Gelfond dies following battle with cancer
September 06, 2018 12:00PM
Stuart Gelfond, partner at Fried Frank and co-head of the company’s capital markets practice, died on Thursday, August 30 at age 55 following a...
Recession revisited: CBRE settles class action suit for $100M
September 05, 2018 02:45PM
CBRE settled a class action lawsuit for $100 million over a recession-era embezzlement scheme that involved Florida office properties and scores of elderly investors....
Tessler Development scores $95M to refi
172 Madison Avenue
September 05, 2018 02:15PM
Tessler Development has landed $94.5 million to refinance a residential condominium building in Midtown South. Deutsche Bank provided the loan to refinance 172 Madison...
Equity Residential taps new CEO, CFO
September 04, 2018 12:30PM
After more than a decade as Equity Residential‘s CEO and president, David Neithercut will step down at the end of this year. The Chicago-based...
Trump is considering a tax break that would be a boon for real estate
September 04, 2018 10:01AM
President Trump is considering a tax break that would link capital gains to inflation. Such a change would cut tax bills for investors selling...
Cushman stock price climbs as analysts begin coverage with bullish outlook
August 30, 2018 08:30AM
Stock analysts began their coverage of Cushman & Wakefield with a largely bullish outlook on the newly public company. At least six brokerages started...
The city is suing these lenders over “zombie homes”
Hudson Companies planning 152-unit project for Cypress Hills
Netflix streaming into Flatiron District
Housing investment startup EasyKnock raises $3.5M in seed funding
Aby Rosen’s RFR refinances two 45th Street buildings for $200M
August 2018 issue
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