An investment firm that specializes in commercial real estate distress is betting that a lender managed by KKR & Co. is likely to sell its loan portfolio at or around book value.
Apollo Global Management Inc. is investing $1.02 billion in a joint venture with Starwood Real Estate Income Trust, a commercial property vehicle known as SREIT that has struggled to provide liquidity to investors.
A commercial real estate lender managed by KKR & Co. said it’s considering strategic alternatives that could include a merger or sale of the money-losing company.
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010.
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010.
Legislation that would ban large corporate landlords from acquiring more single-family rental homes is depriving the US housing market of much-needed investment, Pretium founder Don Mullen said in an interview with Bloomberg Television.
Don Mullen, chief executive officer of Pretium Partners, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 3, 2022. The event convenes the best minds in the world to tackle its most urgent challenges and to help realize its most exciting opportunities.
Starwood Capital Group Management is halting redemptions from a $22 billion real estate fund aimed at retail investors in a bid to preserve liquidity while it waits for the commercial real estate market to improve.
Barry Sternlicht, chief executive officer of Starwood Capital Group, during the iConnections Global Alts 2024 event in Miami Beach, Florida, US, on Tuesday, Jan. 30, 2024. Speakers at the event will share insights and strategies related to alternative investments.
When Mayor Zohran Mamdani declared a new tax was coming for wealthy property owners in New York City, he wanted to make clear it was “designed for the richest of the rich.”
Residential luxury towers along Billionaires Row in New York. Photographer: Spencer Platt/Getty Images
The Naples Beach Club, a Four Seasons resort on the Gulf Coast of Florida, opened in November as a lodging industry rarity: a new luxury hotel built directly on a US beach.
The Naples Beach Club, a Four Seasons resort on the Gulf Coast of Florida, opened in November.
Blackstone Inc. bought a luxury resort in California’s Napa Valley, extending a bet that booming demand for artificial intelligence will translate into real estate profits in San Francisco and the surrounding region.
Pakistan agreed to work with the US to revamp the Roosevelt Hotel in Manhattan, marking a step forward in its plans to re-purpose a building once dubbed the “New Ellis Island” for its role in sheltering migrants.
The Covid-19 pandemic pushed the Roosevelt to permanently shutter.
Marriott International Inc. shares surged after the company said it expects credit card fees to grow thanks to an increase in the royalty rate it charges branding partners.
A Marriott hotel in Austin, Texas, US, on Sunday, Feb. 12, 2023. Marriott International Inc. is expected to release earnings figures on February 14.
Marriott International Inc. reported fourth-quarter earnings that missed expectations, after airport delays during last year’s US government shutdown put a damper on business travel.
A plane takes off past the Marriott Hotel at George Bush Intercontinental Airport in Houston, Texas.
Westbrook Partners is selling Ritz-Carlton hotels in New York and Washington, as affluent consumers demonstrate continued willingness to pay up for luxury travel.
Trump administration officials are exploring opening an antitrust investigation into US homebuilders as the White House sharpens its focus on tackling the country’s housing affordability crisis.
Contractors pour concrete on foundation at a home in Folsom, California.
President Donald Trump took aim at single-family landlords during a speech at the World Economic Forum in Davos, promising to prevent the US from becoming a nation of renters even as he apologized to investors in the properties.
Wall Street homebuyers rattled by President Donald Trump’s broadside are plotting their own proposals to defuse the risk of getting shut out of the housing market.
Wall Street homebuyers rattled by President Donald Trump’s broadside are plotting their own proposals to defuse the risk of getting shut out of the housing market.
The time of the corporate landlord as America’s housing villain was supposed to be over.
Homes in Surfside, Florida, US, on Wednesday, Aug. 20, 2025. Sales of previously owned US homes rose modestly in July as price growth slowed and mortgage rates drifted lower, helping to stabilize demand.
The time of the corporate landlord as America’s housing villain was supposed to be over.
Homes in Surfside, Florida, US, on Wednesday, Aug. 20, 2025. Sales of previously owned US homes rose modestly in July as price growth slowed and mortgage rates drifted lower, helping to stabilize demand.
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