(Credit: iStock) A look at home prices and one might forget there’s a virus sending the economy into chaos. The bottom hasn’t fallen out from under the housing market, at least not in terms of pricing, according to the Wall Street ...
Equity Commonwealth’s Sam Zell and David Helfand (Credit: Equity Commonwealth) Sam Zell’s Equity Commonwealth has not had many problems collecting rent so far, but the company was very light on details about the pandemic’s impact apart ...
Opendoor CEO Eric Wu (Credit: iStock) Opendoor is back in businesses and ready for remote sales. The SoftBank-backed iBuyer, which suspended home purchases in March, said it will resume operations in Phoenix this week. To do so, the ...
Sonder CEO Francis Davidson (Credit: Twitter, iStock) Hospitality startup Sonder is in talks for a funding round between $150 million to $175 million, The Real Deal has learned. Fidelity and WestCap Group are leading the investment ...
Macerich CEO Thomas O’Hern, Carson Mayor Albert Robles, and a rendering of the site Plans for a $400 million, 566,000-square-foot outlet mall in the city of Carson have fallen apart, with project developers Simon Property Group and ...
(Credit: iStock) After facing a tidal wave of relief requests in the first half of April, loan servicers saw a dip in inquiries during the last two weeks of the month. But that probably won’t last. Over the two-week period ending April ...
Mike Fratantoni (Credit: MBA, iStock) The share of home loans in forbearance grew last week, a situation that could worsen as millions file for unemployment. Mortgages in forbearance plans made up 7.54 percent of servicers’ portfolios ...
With all the carnage in the real estate job market that has happened and is expected to happen, many leaders have announced that they will slash their own salaries in solidarity. But for those at the top, the salary is just a piece — ...
Associated Builders and Contractors’ chief economist Anirban Basu (Credit: Background by Spencer Platt/Getty Images) Although contractors have slowly started returning to construction projects across the country, many predict that the ...
Nick Jones, Founder and C.E.O. of Soho House (Credit: Matt Winkelmeyer/Getty Images, Soho House) Private clubs including Soho House continue to collect steep dues from members, even though many have had to close up shop because of the ...