National
JLL purchases artificial intelligence startup
As the saying goes, it’s difficult to make predictions, especially about the future. But through a new acquisition, commercial...
Drake Hotel, host to royals and mobsters alike, hits market
Chicago real estate is all about warehouses these days
Engel & Völkers sells majority stake to private equity firm Permira
What’s in the $1T infrastructure bill for real estate
Latest News
Colliers takes over as broker for historic Standard Club building
Colliers is now handling the sale of the former home of The Standard Club, taking over more than a...
National
U.S. investment sales rebound with one of busiest quarters ever
U.S. commercial real estate investment bounced back in the second quarter, reversing the downward trend of the previous year....
Drake Hotel, host to royals and mobsters alike, hits market
Chicago’s iconic Drake Hotel is for sale, marketed in part to include a potential residential conversion amid the hospitality...
Los Angeles Issue
How the pandemic both hampered and aided LA hotel development
Last May, Lightstone Group started work on its $500 million, 755-key hotel project in Downtown Los Angeles, a dual-branded...
National
Billions in allotted rent aid hasn’t gone out
The federal government has appropriated billions of dollars to help besieged renters and landlords across the U.S. weather the...
National
Builders selling new homes faster than they can construct them
Can the housing market get too hot? It’s starting to appear that way, with builders struggling to keep up...
National
Real estate stung by “sobering” climate report
A new United Nations report paints a bleak picture: The world is on a path toward climate destruction, sea...
Chicago real estate is all about warehouses these days
Chicago industrial tenants signed 173 leases in the second quarter for 15.4 million square feet of space. The...
National
“Real housewife” Dorinda Medley lists Berkshires mansion on Airbnb
The opportunity to live like a real housewife of New York is at hand, thanks to Dorinda Medley. Medley,...
National
What’s in the $1T infrastructure bill for real estate
The Senate on Tuesday passed a $1 trillion infrastructure package, then turned to a $3.5 trillion measure that could...
National Issue
Black homeownership’s Catch-22
Randal Wyatt was renting a mouse-infested apartment in a Portland, Oregon, neighborhood known for its high crime rate. When he wasn’t working as a student advocate or raising his twin sons, he attended a...
National
Engel & Völkers sells majority stake to private equity firm Permira
Look out luxury market, Engel & Völkers is coming through with a big wad of cash. British private equity...
Chicago’s downtown office vacancies hit fresh record of almost 20%
Chicago’s downtown office market vacancy rate rose to a record 19.4 percent as concerns grow that the resurging coronavirus...
National
Rocket Homes starting iBuyer program
As optimism for iBuying grows, Rocket Homes is not sitting on the sidelines. The Rocket Companies subsidiary plans to launch its own iBuying program in the coming months. The company will hire on-staff real...
New York Issue
New York landlords see no saving grace in return of evictions
Judgment day is coming for New York tenants: Landlords, owed more than $3 billion in back rent, may once...
New York
Cuomo announces he will resign
Gov. Andrew Cuomo announced Tuesday that he will step down in 14 days, a stunning development that came one week after a damning report found that he sexually harassed 11 women. With impeachment looming,...
At his murder trial, Robert Durst denies killing Susan Berman
Robert Durst took the stand at his murder trial Monday and denied any involvement in his friend Susan Berman’s...