New York
Jeffrey Epstein’s Manhattan townhouse in contract for around $50M
The Upper East Side townhouse once owned by late financier and convicted sex offender Jeffrey Epstein has found a...
Connecticut groups take fight to housing segregationists
Southampton sees casino plan as tribe’s bargaining chip
Elion Partners buys $30M industrial property in Elizabeth
Latest News
National
With $3B IPO, title insurance startup Doma targets new business lines
By going public in a $3 billion SPAC deal, title insurance startup Doma plans to pursue home appraisals, warranties...
National
JLL gets in rental home business
JLL is entering the single-family rental game. The commercial real estate giant is set to become a minority investor in Roofstock, an online rental housing investment platform, the Wall Street Journal reported. Roofstock will...
Mack-Cali Realty names Mahbod Nia as CEO
More than six months after a shake-up of its C-suite, Mack-Cali has named a new CEO. Mahbod Nia, a former head of NorthStar Realty Europe, will take the reins at the New Jersey-based based...
National
January home prices up 10% in biggest annual gain in 7 years
If January is any indication, the housing market isn’t showing any signs of slowing down. CoreLogic Home Price Index,...
National Issue
Brookfield’s internal affairs
There are several reasons why taking Brookfield Property Partners private might be a bad deal. The company’s investors lose a lucrative dividend, hundreds of millions of dollars’ worth of fees to its parent Brookfield...
National
Mortgage rates surge — and refinance applications sink
Requests for loans to buy homes increased last week as mortgage rates hit their highest point since July. An...
National
States Title, now Doma, going public in $3B SPAC deal
Title insurance startup States Title is going public in a $3 billion deal with a blank-check firm, the latest...
National
How much Compass paid to scale up
Since 2018, Compass has spent more than $300 million to scale its business, buying other brokerages and tech companies to support its “end-to-end platform,” according to the company’s IPO filing. Backed by $1.5 billion...
Elion Partners buys $30M industrial property in Elizabeth
Elion Partners has expanded its East Coast portfolio by scooping up a 8.6 acre industrial property for $29.7 million....
National
Inside Compass’ S-1: How it measures the upside of its tech
Compass’ pitch to investors is all about its agents. The company’s S-1 — a prospectus that details its financial...
Connecticut reformers turn up heat on housing segregationists
A zoning reform movement is gathering momentum in many parts of Connecticut, but faces considerable opposition, according to the...
Los Angeles
Loss for LeBron? King James lists Brentwood mansion
LeBron James isn’t used to losing, but it looks like he may be willing to accept an “L” on...
National
Internet, shminternet: Target adds, renovates stores as money pours in
Target has hit the bullseye. The big box retailer is adding and renovating stores as well as warehouses as...
National Issue
Making sense of the SPACe race
When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice...
National
Koch Industries goes all in on distressed properties
Koch Real Estate Investments, the property-focused arm of the billionaire conglomerate’s empire, has become one of most active players...
National
Order up: Real estate investors line up to buy drive-throughs
Real estate investors are placing their bets on a new property type: drive-throughs. Restaurants with drive-through lanes are seeing...
New York
Manhattan DA narrows focus on Trump Org CFO
The Manhattan District Attorney’s office is increasing its focus on a longtime employee of the Trump Organization as it investigates former President Donald Trump’s real estate business. Prosecutors working for Cy Vance are turning...