Kushner Cos declined to oppose its lenders’ bid to appoint a receiver to take control of its Times Square property, a sign the company could be ready to throw in the towel on the beleaguered entertainment retail project.
Alden Global Capital has deployed millions since the start of the pandemic, including an offer last week to buy newspaper publisher Tribune Publishing — but the hedge fund manager has also allegedly been stiffing the landlord at its Manhattan headquarters on rent payments since last April.
Covid-19 is the agent of change driving advances – and acquisitions – in a sector long-resistant to tech.
Real estate fintech Cadre is launching a new $400 million fund aimed at individual investors and financial advisors. Founder Ryan Williams plans to use the fund to back minority real estate operators.
The real estate maven expects few big policy shifts from a centrist Biden Administration.
Cyprus needs to be on good terms with other EU member states, as it wants their support to protect its Exclusive Economic Zone from Turkish aggression. Re-introducing the notorious “golden passport” program is not the best way to secure friendly relations with other EU countries.
Stakeholders hope that in the medium term, the pandemic will favor the Cypriot real estate market as wealthy buyers will seek to acquire homes in areas that are not overpopulated.
Barclays expects suburban real estate to outperform urban real estate.
Imagining the impact on corporate real estate in major cities post-pandemic. Why go to the office?
Bullishness on the homebuilding sector has been fueled by historically low mortgage rates, limited supply and rising demand as pandemic fears accelerate a move from denser cities to the suburbs. Several contributors to MoneyShow.com review their top ideas among homebuilding stocks.