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Real Estate
Starwood Capital CEO on Mamdani win
Billionaire real estate investor Barry Sternlicht had some harsh words for the newly elected mayor of New York City, Zohran Mamdani. Sternlicht is Chairman and CEO of Starwood Capital Group, which has both commercial and residential…
NYC rent freeze proposal draws expert warnings about market damage
Circle Squared Investments founder Jeff Sica discusses the impact of the real estate industry on the U.S. economy and markets. New York City’s soaring housing costs have become a defining issue for voters in the Big Apple's mayoral…
Mortgage rates drop to the lowest level in over a year, pushing refinancing
A 'For Sale' sign is posted beside property for sale in Alhambra, California.Frederic J. Brown | AFP | Getty ImagesMortgage interest rates dropped for the fourth straight week last week, spurring both current homeowners and potential…
Fake rental applications surge nationwide in competitive housing market
JLL Capital Markets senior director Jillian Mariutti-Nieder analyzes market uncertainty's impact on U.S. commercial real estate. Fake rental applications are proliferating across the country as the U.S. rental market has become…
What home buyers need to know about ARMs
Wednesday's Federal Reserve decision, along with expectations that the Fed could cut interest rates again before the end of the year, may put more downward pressure on mortgage rates — finally providing a little relief for would-be…
Few CRE companies have achieved their AI goals. Here’s why
Diminishing perspective of downtown London skyscrapersChunyip Wong | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities…
Mortgage rates jump 20 basis points following Fed cut
An aerial view of homes in a neighborhood on Aug.27, 2025 in San Francisco, California.Justin Sullivan | Getty ImagesWhile the Federal Reserve cut its benchmark interest rate this week, mortgage rates responded by doing just the…
How the Fed rate cut will affect your finances
Jerome Powell, chair of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, July 30, 2025.Bloomberg | GettyThe Federal Reserve cut borrowing costs…
Home price gains lag inflation, meaning homeowners lose out on investment
Homes in the south suburban Chicago area on April 26, 2023.Brian Cassella | Tribune News Service | Getty ImagesA home is most Americans' single largest investment. The returns are losing ground.Home prices nationally rose 1.5% in August…
Federal Reserve interest rate cut: what to expect
The Federal Reserve is expected to lower borrowing costs again on Wednesday. Another quarter-point reduction, on the heels of September's cut, would bring the federal funds rate to a range between 3.75%-4.00%.The federal funds rate,…