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TRD Insights: Real estate’s most prolific PPP banks

Banks are fattening their wallets with fees for processing Small Business Administration Paycheck Protection Program loans to U.S. companies....

TRD Insights: Real estate’s most prolific PPP banks
From left: Gaw Capital Partners’ Goodwin Gaw, Howard Lorber of New Valley Group, Oyo CEO Ritesh Agarwal, Soho House's Ron Burkle, and Steven Witkoff of Witkoff Group (Getty)

TRD Insights: These hotel businesses got big PPP funding

More than 8,100 hotel businesses across the country received federal coronavirus assistance of $150,000 or more through the Paycheck...

TRD Insights: These hotel businesses got big PPP funding
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)

These real estate companies got fat PPP loans

In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...

These real estate companies got fat PPP loans
Governor Andrew Cuomo (Getty)

New York City’s reopening has officially launched

New York City officially began its reopening Monday with phase one, which allows curbside and in-store pickup for retailers,...

New York City’s reopening has officially launched
(Credit: iStock)

Loophole allowed big-name landlords to get bailout funds

Some lucky landlords have secured bailout funds through the federal government’s Paycheck Protection Program — all thanks to a...

Loophole allowed big-name landlords to get bailout funds
House Speaker Nancy Pelosi and Senate Minority Leader Charles Schumer (Photo by MANDEL NGAN/AFP via Getty Images)

PPP 2.0: Congress, White House agree on $310B in new funding

The $349 billion Paycheck Protection Program, which ran out of money after just 13 days, is getting a much-needed...

PPP 2.0: Congress, White House agree on $310B in new funding
Uncle Sam (Credit: iStock)

Here’s what real estate received from the PPP program: SBA report

 Real estate companies received about 3 percent of the $342 billion in loans approved through the federal Paycheck Protection...

Here’s what real estate received from the PPP program: SBA report
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)

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

In an industry of independent contractors whose fortunes hang on the ebb and flow of dealmaking, little-known commission advancing companies provide a key source...

“I don’t want to chase money from a desperate person”: Commission advancers pull back on broker lending
President Donald Trump, Small Business Administrator Jovita Carranza and Secretary of Treasury Steve Mnuchin (Credit: Win McNamee/Getty Images)

Brokers must wait to tap SBA forgivable loan lifeline

The majority of real estate brokers seeking help from the federal government’s paycheck lifeline program will have to wait...

Brokers must wait to tap SBA forgivable loan lifeline
Columbia University

Columbia offers small businesses free rent for April and May

Columbia University is giving its Upper Manhattan business tenants two months of free rent. Small businesses in the school’s...

Columbia offers small businesses free rent for April and May
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