Patrick Clark

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Real Estate Investors Are Wiped Out In Bets Fueled By Wall Street Loans

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Multifamily buildings make up the biggest share of potentially distressed properties.

Sternlicht Says Tightening Starwood REIT Redemption Limits Was 'Tough'

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The $10 billion fund has capped monthly withdrawals to preserve liquidity.

Starwood's $10B REIT Turns To Survival Mode, Limits Redemptions

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The REIT has put tight restrictions on investors' ability to withdraw money.

Blackstone $10 Billion Deal Is Latest Bet Property Near Lows

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Blackstone agreed to acquire the Apartment Income REIT at a 25% premium to its share price.

Homebuyers Expecting $10,000 Savings Face Tough Reality

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The decades-old system for how US agents are compensated has long been controversial.

The Brutal Reality Of Plunging Office Values Is Here

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Deep discounts on commercial property deals are forcing lenders to brace for souring loans.

KKR Mortgage REIT Plunges As Commercial-Property Woes Mount

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KKR Real Estate Finance Trust slashed its dividend to help it deal with souring loans.

Why NYC Apartment Buildings Are On Sale Now For 50% Off

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Rent stabilization provides a foothold for the working class and costs landlords millions.

A $560 Billion Property Warning Hits Banks From N.Y. To Tokyo

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Lenders face the prospect of more defaults as landlords struggle to pay loans or walk away from buildings.

Why 6% Commissions On U.S. Home Sales Are On Trial

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The broker commission system is under attack from multiple directions.

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