Real Estate

Federal Reserve Chairman Jerome Powell speaks at a virtual news conference in Tiskilwa, Illinois, on Dec. 16, 2020. Daniel Acker | Bloomberg | Getty Images The Federal Reserve on Wednesday kept its benchmark interest rate at zero to continue to support the economic recovery from the coronavirus pandemic. The decision comes just days after the
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Goldman Sachs veteran trader Michael Daffey is seen in this undated handout photo, in London, Britain. Goldman Sachs via Reuters Former high-ranking Goldman Sachs executive Michael Daffey bought a New York City mansion this month for a whopping $51 million from the estate of the late convicted sex criminal Jeffrey Epstein, his spokesman said Tuesday.
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The Recreational Equipment Inc. (REI) headquarters stands in Kent, Washington, U.S., on Wednesday, March 4, 2020. Chona Kasinger | Bloomberg | Getty Images Last August, REI listed its newly built corporate headquarters in Bellevue, Washington, for sale without ever even moving into the building. It marked a stunning reversal. In 2016, when REI announced plans
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Data centers are primed to set growth records this year, according to a new report from commercial real estate company CBRE. The buildings aren’t pretty. They’re big, boxy and nondescript. But they’re attractive real estate because they’re essential to how we live these days, housing the infrastructure that fuels everything from shopping online to working
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