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Small Businesses

Commission advance companies have helped tens of thousands of brokers manage cash flow crunches over the past decade. But can they handle coronavirus? (Illustration by The Real Deal)
New York
Apr 14, 2020

“I don’t want to chase money from a desperate person”: Commission advancers pull back on broker lending

Transaction volume has plummeted since mid-March for the alternative financing service that provides agents with cash upfront for in-contract deals
(Credit: iStock)
New York
May 26, 2020

Loophole allowed big-name landlords to get bailout funds

The Small Business Administration specifically excluded companies that primarily develop, lease real estate
CIM Group’s Shaul Kuba, Knotel's Amol Sarva, Related Group’s Jorge Pérez and The Agency’s Mauricio Umansky (Getty, Sarva by Sasha Maslov, iStock)
New York
Jul 6, 2020

These real estate companies got fat PPP loans

New data shows brokerages, landlords, hotels, architecture and construction firms among those receiving forgivable loans of $1M or more

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