Industries

An Idaho court has ruled against a Treasure Valley resident for his role in a Ponzi scheme that bilked millions from real estate investors.

Starwood Capital Group missed two monthly payments on securitized debt tied to five shopping malls anchored by bankrupt department stores including Sears and J.C. Penney.

The number of clicks for Dallas-Fort Worth home searches is surging.

Anyone who has been watching real estate in Palm Beach, Fla., over the past several weeks has seen the number of new contracts — and closed sales — attest to the remarkable vibrancy of the market in chaotic times.

But deal sponsors are primarily restricting property assets to the lower risk multifamily and office buildings that lenders are more confident will weather the economic strains brought by the coronavirus pandemic.

Now the shutdown has stretched into mid-June, effectively canceling the long-anticipated Memorial Day listings bonanza.

As brick-and-mortar shopping centers steadily lost market share to online competitors, the family behind three of the four biggest malls in North America built a thriving business by infusing their properties with heavy doses of entertainment.

A $740 million jury verdict against Amrock was thrown out by a Texas appeals court that said tech firm HouseCanary failed to prove the big title insurer stole its trade secrets to build a competing real estate analysis tool.

Houston-area home closings surged last week for the first time since the start of the coronavirus pandemic.

Housing sales across Ohio took a hit during April as the coronavirus pandemic swept the state.

For Jersey City Mayor Steve Fulop, the pandemic is a good time to lure New Yorkers feeling anxious and cramped.

The Spokane, Wash., housing market has shown little signs of slowing during the pandemic.

The Austin, Texas, area housing market had been on a 10-year roll before the coronavirus pandemic. Several market indicators nosedived as the effects began to be felt in the market in late March and continuing into April.

Michigan's economy collapsed this spring amid the coronavirus pandemic as thousands of businesses closed and more than 1 million residents lost work and sought unemployment benefits.

The ripple effect of buying, spending can drive small businesses back to success.

Cited the current capital markets and economic environment as the reasons for pulling out of the transaction.

Potential purchasers are looking to take advantage of low rates, despite worries about job security.

From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.

Sellers are currently willing to concede discounts of around 5%, while bidders are hoping for about 20% off pre-pandemic prices. That estimated gap, which is likely wider in specific cases, has put a freeze on deals.

The global hospitality industry is facing the worst downturn in its history, and New York, the epicenter of the coronavirus outbreak in the U.S., is poised for a painful recovery.