CRE Wire

After changing its algorithms to make higher offers, Zillow ended up with so many winning bids it had to stop making new offers on properties.

The 24-story office property at 475 Fifth Ave., built in 1925, is expected to fetch roughly $300 million, according to broker CBRE.

Real estate investors are increasingly focusing on green buildings, according to The New York Times. GlobeSt.com argues that lifestyle centers might be one of the more undervalued retail assets right now. These are among today’s must reads from...

The private equity firm, which specializes in travel and leisure bets, has begun conversations with potential investors about the new vehicle.

Realogy Holdings Corp. and Blackstone-backed Home Partners of America are expanding a joint venture that competes with Zillow and Opendoor.

In spite of widespread talk of hybrid work, most businesses have not begun implementing the model at their offices, reports The Real Deal. Syracuse.com offers an outlook on New York State’s marijuana real estate market. These are among today’s...

The company says it now has more than 800 delivery stations—facilities typically located closer to shoppers than Amazon’s fulfillment centers.

Tesla’s Model 3 sedans will be available to rent at Hertz locations in major U.S. markets and parts of Europe starting in early November.

Retailers are planning to offer fewer discounts this holiday shopping season, reports The Wall Street Journal. Washington Prime Group CEO Lou Conforti is stepping down as part of the company’s bankruptcy restructuring. These are among today’s must...

The supply chain crisis at California ports is only getting worse, according to Insider. Forbes reports that the return to the office trend is accelerating. These are among today’s must reads from around the commercial real estate industry.