Market Beats | All-Cash Homebuyers Surge in Manhattan; Skyline Tower Secures $60M Inventory Loan; Lyft Cuts 30% of Workforce Amid Profit Challenges; CBOE Launches One-Day VIX Index

— Lyft Struggles for Profit, to Lay Off 30%; Credit Suisse Loses $69B in Deposits; Bed Bath & Beyond Files for Bankruptcy; CBOE Launches Next-Day VIX Index; Manhattan Cash Buyers Surge; Coca-Cola Revenue Beats Estimates; Queens’ Tallest Tower Secures $60M Loan 1. Lyft Struggles for Profit, to Lay Off 30% Sources revealed that in order …

Market Beats | NYU Acquires Noho Office Building; Tesla Forced to Raise Prices; Deloitte Lays Off 1,200 U.S. Employees; Bank of America Cuts 4,000 Jobs as Deposits Shrink; Same-Day Expiring Options Compared to Gambling

— NYU Buys Noho Office Building; Tesla Profit Drops, Forced to Raise Prices; P&G Ups Full-Year Revenue Forecast; Deloitte Lays Off 1,200 U.S. Employees; Bank of America to Cut 4,000 Jobs Amid Shrinking Deposits; Same-Day Options Trading Equals Gambling; Rakuten Bank IPO Soars 33% 1. NYU Buys Noho Office Building Property records released Thursday show …

Market Beats | Tesla Cuts Prices Again, Shares Fall; U.S. Mortgage Rates Surge Sharply; Morgan Stanley Revenue Beats Expectations; Disney to Lay Off Thousands Next Week; U.S. Brick-and-Mortar Foot Traffic Declines; Manhattan Parking Garage Collapses Due to Code Violations

— Tesla Cuts Prices Again, Shares Fall; U.S. Mortgage Rates Surge; Morgan Stanley Beats Revenue Estimates; Congruent Launches Climate VC Fund; Disney to Lay Off Thousands Next Week; U.S. Retail Foot Traffic Declines; Illegal Parking Garage Collapses in Manhattan 1. 特斯拉再降价股价下跌 This week, Tesla announced a $3,000 price cut for every version of its Model …

Market Beats | Apple Launches High-Yield Savings Account; BlackRock CEO Takes 30% Pay Cut; China New Home Prices Continue to Rise; U.S. Homebuilder Confidence Up for Fourth Straight Month; Multifamily Cap Rate Growth Slows

— Apple Launches High-Yield Savings Account; BlackRock CEO Pay Cut by 30%; China’s New Home Prices Keep Rising; Sega Bids for Angry Birds Maker; MSG to Sell Tao Group; U.S. Homebuilder Sentiment Rises for Fourth Month; U.S. Cap Rate Growth Slows 1. Apple Launches High-Yield Savings Account Today, Apple Inc. announced the launch of a …

Market Beats | U.S. Retail Sales Decline Again; Citigroup Profit Surprises to the Upside; Credit Suisse Japan Clients Lose $700M; BlackRock AUM Swells to $9 Trillion; Blackstone Sells $263M Industrial Portfolio

— U.S. Retail Sales Fall Again; Citigroup Profits Unexpectedly Rise; Japanese Investors Lose $700M in Credit Suisse; BlackRock AUM Expands to $9 Trillion; Top Schwab Shareholder Sells $1.4B Stake; Blackstone Sells $263M Industrial Portfolio; JPMorgan Profits Surge 52% 1. U.S. Retail Sales Fall Again According to data released today by the U.S. Department of Commerce, …

Market Beats | Brookfield Defaults on $161M Loan; New York Regains Title as World’s Wealthiest City; China’s Q1 GDP Growth Beats Expectations; Nearly Half of Americans Use Buy Now, Pay Later

—— Brookfield Defaults on $161M Loan; New York Again Becomes the World’s Wealthiest City; Goldman Misses Fixed Income Boom; China’s Q1 GDP Exceeds Expectations; EQT Sells Inland Empire Warehouse; Nearly Half of Americans Use Buy Now, Pay Later; Big Four U.S. Banks Write Off $3.4 Billion in Bad Loans 1. Brookfield Defaults on $161 Million …

Market Beats | Manhattan Apartment Rents Hit Record High; U.S. Jobless Claims Rise More Than Expected; March PPI Falls Below Forecasts; CRE Financing Channels Tighten; U.S. Stocks May Face a Downhill Path in 2023

— Manhattan Apartment Rents Hit New High; Jobless Claims Rise More Than Expected; JPMorgan MDs Ordered to Commute Five Days; March U.S. PPI Falls Below Forecasts; iPhone Output Surges in India; CRE Financing Tightens; U.S. Stocks May Keep Sliding in 2023 1. Manhattan Apartment Rents Hit New High A report released today by brokerage Douglas …

Market Beats | Blackstone Launches World’s Largest Real Estate Fund; U.S. Small Businesses Struggle to Access Loans; Bitcoin Reclaims $30,000 Level; Buffett Boosts Holdings in Japanese Stocks; Bank of America Clients Pull Out of Stock Market

—— Blackstone Launches World’s Largest Real Estate Fund; US Small Businesses Struggle to Secure Loans; Bitcoin Reclaims $30,000; Buffett Increases Japan Stock Holdings; WeightWatchers Shares Surge 44%; BoA Clients Pull Out of Equities; Harvard Receives $300 Million Gift from Ken Griffin 1. Blackstone Launches World’s Largest Real Estate Fund Blackstone Inc. announced today that it …

Market Beats | Apple’s PC Shipments Plunge 40.5%; Trillions in Commercial Real Estate Debt at Risk; Major Chinese Banks Cut Deposit Rates; Blackstone Offloads Two Irvine Office Buildings; U.S. Short Interest Hits Highest Level in Over a Decade

—— Apple PC Shipments Plunge 40.5%; $1.5 Trillion in CRE Debt Faces Crisis; Major Chinese Banks Cut Deposit Rates; 70% of Parents Drain Savings to Support Kids; FedEx to Save $4B by Merging Delivery Networks; Blackstone Offloads Two Irvine Office Towers; S&P Shorts Hit Decade High 1. Apple PC Shipments Plunge 40.5% According to the …

Market Beats | U.S. Multifamily Deal Volume Plunges 74%; TD’s Short Positions Reach $3.7B; Gold Price Hits 13-Month High; 300 Manhattan Luxury Homes Sold in Q1; Blackstone Acquires UK Industrial Property Firm

—— U.S. Multifamily Deals Plunge 74%; TD Bank Faces $3.7B in Shorts; Gold Prices Hit 13-Month High; Over 100 Manhattan Luxury Homes Change Hands in Q1; Japan Runs Out of Land to Bury Infected Birds; GM Pays $1B to Buy Out 5,000 Workers; Blackstone Acquires UK Industrial Real Estate Firm 1. U.S. Multifamily Deals Plunge …