Patrick Clark
-
Blackstone $10 Billion Deal Is Latest Bet Property Near Lows
Blackstone Inc. agreed to pay about $10 billion to acquire Apartment Income REIT, the latest sign that the real estate manager sees a ripe moment to invest in property.
- Monday April 8, 2024
- Author: Patrick Clark
-
Blackstone $10 Billion Deal Is Latest Bet Property Near Lows
Blackstone Inc. agreed to pay about $10 billion to acquire Apartment Income REIT, the latest sign that the real estate manager sees a ripe moment to invest in property.
- Monday April 8, 2024
- Author: Patrick Clark
-
Why NYC Apartment Buildings Are On Sale Now For 50% Off
Tougher rent control, returning worldwide, destroys $75 billion in property value. Cash-strapped tenants cheer as they maintain a foothold in the city.
- Monday February 5, 2024
- Author: Patrick Clark, Prashant Gopal
-
SEC Says WeWork Options Plot Failed On Botched Press Release
The US SEC accused WeWork owner of a botched attempt to profit by manipulating the share price and using client funds.
- Thursday November 30, 2023
- Author: Patrick Clark
-
New York’s Weed Stores Are Exposing Banks To Illegal Drug Sales
The growth of unlicensed stores across Manhattan and the other boroughs has exposed lenders and building owners to illegal drug sales.
- Wednesday August 30, 2023
- Author: Patrick Clark, Laura Nahmias
-
Billionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate Hikes
The Starwood chairman is eyeing opportunities as the sharp increase in interest rates deflates commercial real estate values.
- Friday July 21, 2023
- Author: Patrick Clark
-
Billionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate Hikes
The Starwood chairman is eyeing opportunities as the sharp increase in interest rates deflates commercial real estate values.
- Friday July 21, 2023
- Author: Patrick Clark
-
U.S. Mortgage Rates Fall To 5.13% With Signs That Inflation May Have Reached A Peak
U.S. mortgage rates declined amid signs that inflation might have reached a peak.
- Friday August 19, 2022
- Author: Patrick Clark
-
Compass To Cut About 10% Of Workforce Amid U.S. Housing Slowdown
Real estate brokerage Compass Inc. plans to cut about 10% of its workforce as rising interest rates have begun to cool.
- Tuesday June 14, 2022
- Author: Patrick Clark
-
Compass To Cut About 10% Of Workforce Amid U.S. Housing Slowdown
Real estate brokerage Compass Inc. plans to cut about 10% of its workforce as rising interest rates have begun to cool.
- Tuesday June 14, 2022
- Author: Patrick Clark
-
Hyatt Cites Sanctions as It Cuts Ties With Moscow Hotel
Hyatt Cites Sanctions as It Cuts Ties With Moscow Hotel
- Friday March 25, 2022
- Author: Patrick Clark
-
Tech Home-Flipper Rides U.S. Home Prices After Zillow’s Fumble
Tech Home-Flipper Rides U.S. Home Prices After Zillow’s Fumble
- Tuesday March 22, 2022
- Author: Patrick Clark
-
Homebuying Startup Knock Scraps Plans to Go Public, Lays Off Half Its Staff
Homebuying Startup Knock Scraps Plans to Go Public, Lays Off Half Its Staff
- Wednesday March 16, 2022
- Author: Patrick Clark, Gillian Tan
-
Hilton, Hyatt Stop Developing New Hotels in Russia
Hilton, Hyatt Stop Developing New Hotels in Russia
- Thursday March 10, 2022
- Author: Patrick Clark
-
Single-Family Landlords Eye Wealthy Renters With High-End Houses
Single-Family Landlords Eye Wealthy Renters With High-End Houses
- Tuesday March 8, 2022
- Author: Patrick Clark