The pandemic supercharged home sales, but aggressive rate hikes by the Federal Reserve have caused the business to sputter and led to job cuts across the industry.
The Russia-Ukraine War has taken a toll on the European data center industry, reports Bisnow. Climate change could threaten $34 billion in coastal U.S. real estate, according to a new study. These are among today’s must reads from around the...
Murphy also said he is confident New Jersey won’t have to put more taxpayer money into the American Dream megamall project in order for it to survive. “I’m confident to say that I think this thing is turning the corner,” Murphy said.
Climate change might worsen supply chain issues in the future, warns The New York Times. The Real Deal takes a close look at Prologis CEO Hamid Moghadam. These are among today’s must reads from around the commercial real estate industry.
Development in affordable housing projects has taken a hit as financing costs have increased, reports The Wall Street Journal. New York lifted its mask mandate on public transportation. These are among today’s must reads from around the commercial...
The UK-based movie theater chain, which draws most of its revenues from the US after the acquisition of Regal Cinemas in 2018, filed for Chapter 11 protection on Wednesday.
Backers for the 5 Times Square loan, which runs through May 2026, include Morgan Stanley, Apollo Global Management Inc. and American International Group Inc. RXR and its partners have invested another $300 million to help renovate the site.
Demand for space in the skyscraper and across Dubai is surging as the emirate attracts more wealth and expats due to its nimble response to the pandemic and relatively easy access to visas.
