Past the dense western suburbs of Washington, the vistas widen into open stretches of fields and farmland — a panorama frequently interrupted by massive, windowless buildings housing the high-speed computers […]
Real Estate (Commercial)
Trending topics and news from the Real Estate (Commercial) category
Back to news homeReturn to Office Enters the Desperation Phase
Manny Medina, the chief executive of a Seattle-based artificial intelligence sales company, doesn’t mind repeating himself. It comes with the territory, after all. That tolerance proved convenient this year as […]
Westfield Gives Up San Francisco Mall, Signaling More Pain Ahead
Nordstrom. Old Navy. Anthropologie. H&M. Crate & Barrel.San Francisco’s downtown has seen a mass exodus of retailers in recent months, and this week a mall owner has decided to walk […]
WeWork Faces More Turmoil After Its CEO Departs
Sandeep Mathrani was supposed to be WeWork’s savior.A real estate executive, he became the chief executive of the troubled office space company in 2020 after a failed initial public offering […]
Building Boom on Mykonos Reveals ‘Wretched’ Side of Greece’s Recovery
Well-heeled vacationers descended from luxury hotels into the gleaming labyrinth of Mykonos’s historic old town on a recent evening, ogling gold jewelry and heading to bars offering pricey bottles of […]
The Scramble to Take Over What Bed Bath & Beyond Left Behind
Engaged couples are struggling to navigate Bed Bath & Beyond’s faltering wedding registry system. Suppliers are scrambling to cultivate new business partnerships. Landlords are quickly closing deals on leases for […]
Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control
Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a […]
After First Republic Collapse, Is the Worst of the Banking Crisis Over?
Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-largest such failure in […]
Stress Builds as Office Building Owners and Lenders Haggle Over Debt
A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]
Regional U.S. Banks Say the Crisis Is Contained but Fears Persist
The white-collar remote work revolution may permanently reshape the office market, bankers said. “Office is going to be really a challenged for quite a few years, and it has a […]