SoftBank Group CEO Masayoshi Son admits he made massive mistakes in his handling of the Japanese company’s multi-billion dollar investments into U.S. tech companies, WeWork in particular. “My own investment judgement was really bad,” he said…
The top 10 Manhattan loans recorded in October totaled just under $5 billion, a 66 percent increase from the month prior. The largest was Fosun International’s $1.1 billion refinancing of its flagship property at 28 Liberty…
As WeWork attempts to scrub its image clean of Adam Neumann, some of the ousted CEO’s transactions serve as a bitter reminder of the company’s former culture of excess. One is WeWork’s $850 million purchase of…
Rabsky Group is beefing up its presence in Brooklyn even more with plans to build a roughly 73,000-square-foot mixed-use building in Williamsburg. The firm pre-filed plans for the project at 58 Union Avenue with the Department…
Brooklyn’s real estate boom has made Park Slope one of the priciest neighborhoods in New York City. But one prime location, just steps from Prospect Park and a subway stop, has remained stubbornly empty for decades….
Soho has been one of Manhattan’s more troubled retail corridors in recent years. But, anticipating a rebound, Acadia Realty Trust has been scooping up storefronts in the neighborhood, particularly along Greene Street. In its third-quarter filing…
HUD Secretary Ben Carson, investor Grant Cardone and more than a dozen panelists highlighted The Real Deal Miami’s sixth annual Showcase & Forum on Thursday, led by TRD Publisher Amir Korangy. Thousands of attendees filled Mana…
WeWork has reached an agreement to be taken over by SoftBank Group, in a deal that will value the embattled office-space company between $7.7 billion and $8 billion, people familiar with the matter told The Real…
Alejandro Navia had been getting just a handful of calls each month from potential EB-5 investors for his development projects. A combination of fraud allegations involving the federal visa program and a backlog of green card…
Chicago-based law firm Katten is relocating its Manhattan offices to a large spread at Rockefeller Center. The company — formed out of the 2002 merger between Chicago’s Katten Muchin & Zavis and New York’s Rosenman &…