Risky Business? New Report Says Banks Are Holding More Real Estate Debt Than Thought

Commercial real estate lenders may have their hands full in the event of a recession, according to a new report. U.S. lenders have “much greater risk exposure than publicly recognized” to the commercial real estate sector, real estate data firm CrediFi says in the report, provided first to Fortune. The study deems lenders’ exposure to […]

Trump’s Presidency Is Hurting His Hotel Business

Donald Trump the president seems to be damaging the reputation of Donald Trump the business owner. The Trump National Doral Miami, which was once the biggest moneymaker in his business empire has seen net operating income drop 69% in the past two years, reports The Washington Post. A tax consultant hired by the hotel says […]

A ‘Co-Living’ Provider for Millennials Has Big Expansion Plans

With America’s major cities dealing with a shortage of affordable housing and steadily climbing rents, a slew of companies have entered the “co-living” space in recent years. Taking cues from the “co-working” phenomenon exemplified by WeWork, they’ve looked to build community-oriented living arrangements and shared living spaces, at prices that are more affordable for urban […]

Real Estate Developers Are Now Designing With Instagram in Mind

Designer Ryan Korban has always been devoted to Instagram. An influencer himself (with some 137,000 followers), the 34-year-old New School graduate earned his success by designing flagship stores for high-fashion brands that were flooded with selfie-takers from the go. Using bold colors and “wow moments” such as a massive dome made of gold leaf for […]

Michael Jackson’s Neverland Ranch Back on the Market for $31 Million

HBO may be Leaving Neverland, but the late King of Pop’s estate is hoping someone will come for it. While Michael Jackson’s estate filed a breach of contract lawsuit against HBO for its upcoming documentary on the star last week, his iconic “Neverland” ranch is coming back on the market. The ranch is being listed […]