Fueled by billions of dollars from affluent individuals, Blackstone Real Estate Income Trust has become one of the firm’s top profit drivers, expanding property investing in private markets to the masses. Now, the money machine is facing its...
David Simon defended the future of physical retail real estate in the firm’s third quarter call. IKEA filed a cease and desist letter against a software developer that has built a survival horror video game set in an IKEA¬-like furniture store...
The cuts come after an abrupt shift in prices forced the company to sell homes for less than it paid for them.