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HERE'S WHAT'S TRENDING ON BISNOW.COM

A Loophole Left In The Tax Bill May Soon Be Closed

The government is taking action to close a loophole that remained intact after the Carried Interest Tax Break was retained under the new tax law, according to Treasury Secretary Steven Mnuchin. The...

Tysons Project In Jeopardy After Bankruptcy Filing

Garrett Cos.' plan to build a 386-unit mixed-use project on the site of a former Tysons Ford dealership could be falling apart.  An entity tied to the development filed for Chapter 11 bankruptcy protection...

Another Generation Of White CRE C-Suites: How Equal Opportunity Laws Are Holding Back Diversification

The C-suites at the largest firms in commercial real estate are starkly white, but industry experts say federal hiring laws can cause even the most ambitious diversity campaigns to take generations to...

John Hancock Center Loses Its Name

Chicago's third-tallest building is now nameless. John Hancock Life Insurance asked Hearn to remove its name and logos throughout the 100-story tower, effective immediately, the Chicago Tribune reports....

Blackstone Promotes Jon Gray To President, Elevates New Global Real Estate Heads

Blackstone has promoted Global Head of Real Estate Jon Gray to president and chief operating officer, the investment management firm announced Tuesday. Current President and Chief Operating Officer Tony...

Debt Fund Competition Is Forcing Banks To Get More Aggressive On CRE Loans

Money has been pouring into real estate debt funds in recent years as investors search for new ways to achieve higher yield, and the alternative financing method is increasingly competing with traditional...

Is Boutique Fitness A Sustainable Solution To NYC's Retail Woes?

When RKF Vice President Peter Whitenack took over the marketing for an approximately 37K SF space at Brookfield Properties' One Liberty Plaza in Lower Manhattan, the private equity giant told him to find...

The New Closers: Why Gaedeke Group's Allison Johnston Is One To Watch

Gaedeke Group Leasing Agent Allison Johnston began her real estate career earlier than most. At 31 years old she has been in the game for more than seven years, and has brokered roughly 5M SF worth...

Four Retailers That Could Benefit From Shuttered Sears Stores

When one door closes, another one opens — at least that is true for four retailers that could benefit from Sears' shuttered stores throughout the U.S.The retailer closed approximately 400 stores across...

CBRE Outranks Eastdil For Most Investment Sales Nationwide

CBRE has been crowned king of the castle for brokering the most commercial deals last year, bumping former leader Eastdil Secured — which typically takes the title thanks to its specialization in...

Even High-Paid Tech Workers Are Being Priced Out Of These Markets

Priced out of homes in and around Silicon Valley, software engineers began migrating south to Silicon Beach in the Los Angeles region for its diversity of housing options. But that may no longer be the...

How Newbury Street Is Looking To Regain The Boston Retail Throne

Inflated rents, space constraints and NIMBYs have tarnished Newbury Street’s retail luster, and developers and business owners are looking to regain their footing.“The retail turnover is always high...

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