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The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion.
“This case is about the companies of Donald Trump, not about the man himself,” prosecutor Joshua Steinglass told a group of 18 potential jurors in New York state court on Tuesday as jury selection for the Manhattan trial continued.
Propmodo looks at why a lawsuit involving a JLL-brokered office lease might be important for all real estate brokerages. Kotaku examines a new landlord video game. These are among today’s must reads from around the commercial real estate industry.
While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.
“It’s not going to get solved in the next few weeks -- it will probably take some several months and there is no hard deadline on this,” Executive Director Gene Seroka, whose port is the nation’s busiest, said in an interview at Bloomberg’s New...
