MOST RECENT ARTICLES BY:

Rich Bockmann

Reporter & Associate Web Editor
Covers the competitive commercial real estate beat, daily news, news-analysis and features for The Real Deal.





    Ziel Feldman and (clockwise from top left) 2121 North 161st East Avenue, Tulsa, OK; 707 Spence Lane, Nashville, TN; 1600 East Butler Avenue, Flagstaff, AZ; and 500 Bailey Avenue, Buffalo, NY (Getty, Google Maps)
    National

    HFZ facing foreclosure on nationwide industrial stake

    Ziel Feldman’s financial problems keep piling up. The HFZ Capital developer — already battling lenders on a handful of...

    HFZ facing foreclosure on nationwide industrial stake
    Newmark CEO Barry Gosin (Getty, iStock)
    National

    Newmark reports Q3 earnings down 25%

    Newmark reported earnings of $152.1 million in the third quarter, down 25 percent from the same time last year. The brokerage said it experienced a drop in sales and leasing commissions due to Covid-related...

    Newmark reports Q3 earnings down 25%
    JLL CEO Christian Ulbrich and CBRE CEO Bob Sulentic (Getty; CBRE; Pixabay)
    National

    JLL, CBRE keep cutting as recovery drags

    The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. UPDATED, Nov. 2, 4:38 p.m.: JLL and CBRE recently made layoffs and budget cuts to...

    JLL, CBRE keep cutting as recovery drags
    Bob Sulentic (Getty, iStock)
    National

    CBRE income falls nearly 10%

    CBRE’s income fell nearly 10 percent during the third quarter as the pandemic forced large office tenants to put their leasing decisions on hold. Income for the world’s largest real estate services firm fell...

    CBRE income falls nearly 10%
    Boston Properties CEO Owen Thomas (Photo by Axel Dupeux)
    National

    Boston Properties’ Q3 income drops 17%

    Boston Properties’ income declined about 17 percent in the third quarter, and executives don’t expect tenants to return to their offices in large numbers until late next year. Net income for the quarter totaled...

    Boston Properties’ Q3 income drops 17%
    Photo-illustration of Iron Hound Management’s Robert Verrone (Headshot by Studio Scrivo)
    National Issue

    Here are the most active players in the loan workouts space

    Barneys’ former space on Madison Avenue was hanging by a thread. A $76 million balance on the building’s debt,...

    Here are the most active players in the loan workouts space
    Cushman & Wakefield CEO Brett White and JPMorgan CEO Jamie Dimon (Cushman & Wakefield; Getty)
    National

    Cushman’s $3B debt load poses default risk

    Cushman & Wakefield, which is under water on its $3.2 billion debt load, could be headed toward a default...

    Cushman’s $3B debt load poses default risk
    The metamorphosis of the metropolis
    National Issue

    The metamorphosis of the metropolis

    After years of sparring over its highest and best use, the fate of 5 World Trade Center was left to a competition. The Port Authority of New York and New Jersey and the Lower...

    The metamorphosis of the metropolis
    WeWork CEO Sandeep Mathrani (Wikipedia Commons; iStock)
    National

    WeWork bonds, already junk, downgraded by Fitch

    WeWork’s credit rating, already rated as junk, has been downgraded on concerns that the pandemic could seriously weaken demand...

    WeWork bonds, already junk, downgraded by Fitch

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