(Bloomberg)—It looks like U.S. apartment and condominium builders are reacting to rising costs and a supply glut the same way: slowing down.
Multifamily housing permits dropped to their lowest point since March 2016 in September.
Sears’ creditors will argue in court whether Lampert stripped assets from a failing business and if the money transferred out of their reach prior to bankruptcy can be recovered.
(Bloomberg)—Creditors are
- Details
New preferences, low affordability of new homes drive greater demand for apartment rentals.
Apartment rentals have been luring residents away from other kinds of
- Details
Sears’ Chairman Eddie Lampert told employees that the retailer needs to make “material progress” to avoid liquidation, CNBC reported. Co-living spaces are on the rise in big cities, according to the Wall Street Journal. These are among today’s
- Details
Leon Neal/Getty Images Property owners should as pick-up point operators to maintain high limits of commercial general liability insurance, among other things.
- Details
Getty Images IREM’s annual Global Summit brought forth the need for collaboration in tackling issues ranging from diversity to emergency preparedness.
There is much talk these days
- Details
The third-largest U.S. owner of SFR homes is looking into selling most of its portfolio.
(Bloomberg)—Pretium Partners LLC, the third-largest
- Details
Scott Olson/Getty Images According to regulatory filings, Seritage Holdings would lose $84 million in cash flow in the event of liquidation.
(Bloomberg)—A Sears liquidation would cost its real estate spinoff 47 percent of
- Details
Getty Images Walmart will open only 10 new stores in the U.S. next fiscal year, reports the Wall Street Journal. SL Green has leased all of the office space at New York’s 609 Fifth Avenue to WeWork, according to the New
- Details
Related Cos. wants to add luxury seniors housing high-rises to its development pipeline over the next five years.
(Bloomberg)—Related Cos. has built luxury condos and hotels across the U.S.
- Details
