Trump’s crackdown on TikTok and WeChat could further chill Chinese investment in U.S. real estate. Daniel Chang’s phone wouldn’t stop lighting up. It was the night of Aug. 6, shortly after President Trump signed an executive order ...
JPMorgan CEO Jamie Dimon and 383 Madison Avenue (Getty; Google Maps) JPMorgan is heading back to the office. The bank, one of New York City’s largest employers, told senior employees in the sales and trading division that they and ...
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty) J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and ...
About 3.5% of LA and Orange Counties homes were 90 days past due in June The number of “seriously delinquent” mortgages, including those 90 days past due or in foreclosure, is rising in Southern California. In Los Angeles and Orange ...
Johnny Hallyday and the home (Credit: Kristy Sparow/Getty Images, and Google Maps) A Pacific Palisades home owned by the family of the “French Elvis Presley” has hit the market for $17.9 million. French singer Johnny Hallyday bought ...
Barry Sternlicht (Getty, iStock, Starwood) It’s over for Starwood Capital Group’s U.S. mall portfolio. The real estate investment firm lost control of seven shopping centers after defaulting on Israeli bonds earlier this year, ...
Gap sues mall REIT Haagen & Co. regarding rent (Credit: iStock) Six months into the pandemic, the Gap is still refusing to pay rent at any of its stores and is still suing its landlords — big and small — over that refusal to pay ...
(Source: National Multifamily Housing Council/Tableau) September rent payments for market-rate apartments nationwide fell, the largest drop since the pandemic began in March. A survey of 11.4 million market-rate units found 76.4 ...
President Donald Trump and HUD Secretary Ben Carson (Getty; iStock) This summer, President Donald Trump put low-income residents on notice: The suburbs would be off-limits to them. His administration repealed an Obama-era rule known as ...
The average size of a home loan hit a new record of $368,600 (iStock) As rates slipped, the volume of Americans seeking mortgages rose — and the average size of loans hit a new high. Applications for mortgages to purchase homes ...