Big Tech loses its appetite for office space, adding to landlords woes

Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire. Continue reading

Get into a ‘New York State of Mind’ with the home Billy Joel wrote it in

The house that once helped Joel complete his famous ode to the Empire State has hit the Upstate New York housing market for $2.5 million. In recent years, the property served as a bed-and-breakfast. Continue reading

Troubled real estate eyed as JP Morgan takes over First Republic

Berkshire Hathaway Vice Chair Charlie Munger warned of “trouble ahead” for the U.S. commercial property market as federal regulators seized First Republic Bank early Monday morning. Continue reading

Zillow gets vote of confidence from JP Morgan analysts

Analysts gave Zillow an “overweight” rating, which means they expect Zillow to outperform peer companies. The report also sets Zillow’s share price target at $48 by December of this year. Continue reading

What agents should know about working with institutional investors

Formerly a commercial real estate agent, Dan Noma, Jr. has focused his work on institutional investors for more than a decade. Here, he shares what he’s learned and why agents should consider this sector of the industry. Continue reading

Blackstone shells out $6B to re-enter rental market

Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. after a competitive bidding process. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

Realogy stock plummets as JP Morgan calls industry ‘Wild West’

The country’s largest real estate holding company saw its stock value decline to $5.87 per share at market close Wednesday. Continue reading

Realogy adds JP Morgan executive to NRT leadership team

Realogy has hired Tim Foley, formerly with J.P. Morgan Asset Management, to serve as executive vice president of operations for NRT, it’s owned brokerage. Continue reading