Forbes Favorites 2020: The Year’s Best Real Estate Stories
There wasn’t much good news in the commercial real estate markets in 2020, but there sure was a lot of news. Here are five stories that illuminate the most interesting and impactful developments.
FRED C. CONRAD/THE NEW YORK TIMES/REDUX
The founder of this high-flying startup, which just secured a $4 billion valuation, has a scorched-earth management style and a trail of angry former partners.
This piece was a look back at the policies that helped drive racial wealth inequality in the United States.
Opendoor cofounder and chief technology officer Ian Wong.
Just before the home-buying company went public, its cofounder spoke with Forbes about Opendoor’s origins and business model. As it continues to bleed money, the startup faces questions about its prospects for long-term profitability.
One of our seasoned wealth reporters took a look at all the real estate the president’s company sold off during his term, a potentially major conflict of interest.
Zell in 2019
Steven Ferdman/Getty Images
The founder of Equity Group Investments, Zell is worth an estimated $4.8 billion. In November, he chatted with Forbes senior editor Christopher Helman about Treasury rates, SPACs and President-elect Biden.