Bloomberg

Residential and commercial property value in Brooklyn rose 12 percent, the most of New York’s five boroughs, to $335.5 billion.

Zug, Switzerland-based IWG owns office space and competes with New York-based WeWork Cos.

Trump Soho was a collaboration among the Trump Organization, the Bayrock Group and Tamir Sapir.

By lowering the corporate tax rate, the tax reform has also lowered the value of an asset sitting on the balance sheets of Fannie and Freddie.

Ori Allon, co-founder and executive chairman of Compass, said the company will use part of the $100 million from its new funding round to invest more in research and development.

The Wall Street bank committed $250 million in money collected from private-wealth clients to Cadre, which operates via an internet platform.

The transaction would be the second-largest deal for a single hotel in the United States.

For the second straight year, the U.S. port city ranked No. 1 on a Top 50 Bed Bug Cities list compiled by Atlanta-based pest control services company Orkin LLC.