Fannie and Freddie could require bailout if lockdown lasts

Fannie Mae and Freddie Mac, the government-controlled companies that guarantee nearly half of US mortgages, could require their second bailout in just over a decade if the US economy remains in a lockdown...

Brookfield’s leveraged complexity should be unravelled

As we gradually emerge from the shutdowns, quarantines and mourning, we will need to deal as quickly as possible with a financial system that will not be capable of delivering the income streams...

How Airbnb hosts are fighting back against Covid-19 fallout

It is peak season, but Universal Studios stands eerily empty. The rollercoasters are at a standstill, and no minions from Despicable Me nor wizards from Harry Potter are wandering the pathways. The park,...

Manhattan real estate sales ground to a halt in March. Prices could plunge next

Manhattan real estate sales ground to a halt at the end of March, and some industry experts say prices could fall 30% or more once activity resumes.Total sales volume actually increased 14% for...

Small landlords struggle as renters either can't or choose not to pay amid coronavirus...

Taylor Denchfield has been flipping homes since he was 17.Source: Taylor DenchfieldAs job losses climb into the millions due to the coronavirus pandemic, laid-off workers increasingly can't make the rent. That's also bad...

WeWork founder threatens to sue after Softbank scraps rescue deal

WeWork’s founder and former chief executive, Adam Neumann, has threatened to sue SoftBank, the office space company’s biggest investor, after it pulled out of a deal to buy $3bn (£2.4bn) of WeWork shares...

There will be a re-calibration in New York after coronavirus, realty expert says

Scott Rechler, CEO and chairman of RXR Realty, joins "Squawk Box" to discuss how the real estate industry is being affect by the coronavirus outbreak. READ SOURCE

BlackRock and Schroders latest to freeze property funds

A new wave of UK property funds including vehicles managed by BlackRock and Schroders has been forced to suspend trading, pushing the total amount locked in such funds as a result of the...

Landlords and tenants feel the pain as coronavirus hits rents

Shops and restaurants in the Trocadero centre in London’s west end received a stern warning from their landlord this week: pay your rent or we will take you to court.Such drastic action would...

SoftBank pulls out of $3bn WeWork share buyout

SoftBank has pulled out of a planned $3bn purchase of WeWork stock, a move that is expected to spark litigation by the lossmaking property group’s co-founder and one of Silicon Valley’s most prestigious...