“Breaking Bad” star Bryan Cranston has listed his co-op apartment on Manhattan’s Central Park South or $3.495 million. The Wall Street Journal reports Cranston acquired the apartment for $3.1 million in 2017 when he relocated to New York City to appear in the Broadway...
The coworking company WeWork (OTCMKTS: WEWKQ) announced the securing of $450 million in new funding that will fuel its exit from Chapter 11 bankruptcy. The property management software provider Yardi Systems is taking a 60% stake in WeWork through its subsidiary Cupar...
A Phil Hall Op-Ed: There is a quip, incorrectly attributed to Albert Einstein, that says, “Insanity is doing the same thing over and over again and expecting different results.” A prime example of that foolishness in motion can be seen at the U.S. Postal Service...
Douglas Elliman Inc. (NYSE: DOUG) has become the latest brokerage to announce a settlement that will resolve class action lawsuits related to real estate agent commission fees. Under the terms of the settlement agreement, Douglas Elliman will pay $7.75 million within...
The Philadelphia-based Republic First Bank, which operated as Republic Bank, was closed on Friday night by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This is the first bank...
AIDS Healthcare Foundation (AHF) announced that it notified the receiver for the Los Angeles-based Skid Row Housing Trust that it is not going through with its planned $27 million purchase of six distressed properties. “During the escrow due diligence process, AHF...
Hits and Misses for the Real Estate Week of Aug. 10-14
