National
Activist investors urge Kohl’s to cut real estate, inventory
A group of activist investors have something to say about Kohl’s. Macellum Advisors GP, Ancora Holdings, Legion Partners Asset...
Real Estate Investment
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US warehouse boom attracts foreign investors
It’s not just massive firms like Blackstone Group and Prologis that are throwing billions of dollars at warehouses —...
National
Koch buys Las Vegas casino development
UPDATED, Feb. 12, 2021, 2:44 p.m: The real estate arm of Koch Industries is betting big that the casino industry will come roaring back after the pandemic. Koch Real Estate Investments purchased a Las...
National
Sustainable housing is focus of Damien Dwin’s social justice effort
Private-credit entrepreneur Damien Dwin has scored a pile of cash from Wall Street for his new social justice–driven investment...
Brooklyn dominates top development site deals of 2020
The biggest development site deals of 2020 were notable for the lack of Manhattan properties on the list. Of...
National
Commercial real estate’s looming distress problem
Covid-19’s effect on commercial real estate will continue long after 2020 comes to a close. About $126 billion worth...
MAG Partners, Safanad form new joint venture
MAG Partners will bring the development experience, and Safanad will bring the capital. That’s the setup of a new...
Reuben Brothers pick up Surrey Hotel at a discount
British billionaires David and Simon Reuben are getting a bargain on a New York City hotel. Reuben Brothers, the...
National
Airbnb targets as much as $33B valuation for IPO
Airbnb executives plan to target a higher-than-expected valuation range of as much as $33 billion for its initial public...
National
Home insurance startup Hippo raises $350M
Home insurance startup Hippo has raised $350 million from Japanese insurance giant Mitsui Sumitomo. The deal comes just four months after the online insurance firm raised $150 million, valuing the company at $1.5 billion....