Patrick Clark

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Real Estate Agent Commissions Are Changing. Here's How It'll Work

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The rules are designed to give more leverage to consumers and gradually drive down commissions.

Hilton CEO Who Gut-Checks Jon Gray Is Nearing Billionaire Ranks

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Hilton's buyout deal with Blackstone helped Christopher Nassetta's wealth surge.

Commercial Property Stress Forces Blackstone Mortgage REIT To Cut Dividend

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Higher interest rates and falling property values have stressed commercial real estate mortgage REITs.

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.

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