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Daniel Geiger - Business Insider

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It indicates a way to close an interaction, or dismiss a notification. </desc> <path class="close-icon-path" d="M2.93 17.07A10 10 0 1 1 17.07 2.93 10 10 0 0 1 2.93 17.07zM11.4 10l2.83-2.83-1.41-1.41L10 8.59 7.17 5.76 5.76 7.17 8.59 10l-2.83 2.83 1.41 1.41L10 11.41l2.83 2.83 1.41-1.41L11.41 10z"/> </svg> </div> </div> </div> <section class="container mobile-padding"> <section class="row"> <section id="l-content" class="author is-right-rail js-feed" data-component-type="river" data-track-page-area="author" data-author-content data-feed-id="daniel-geiger" data-feed-type="author" data-next="https://capi.businessinsider.com/v1/bi/posts?filter[author]&#x3D;daniel-geiger&amp;page[after]&#x3D;IStOOmYAAAAAQBk6NSBmNT7qQFQdtmC_dlc&amp;page[limit]&#x3D;20" > <section class="author-wrapper river-item body-regular "> <div class="row"> <div class="col-12 col-md-4 author-aside"> <section class="row"> <div class="col-6 col-md-12"> <div class="lazy-holder author-image" style="padding-top: calc(100% * 1085 / 1447)" > <img class="lazy-image author-image" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{&quot;https://i.insider.com/5e8e05d129d6d952440104d3&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:1447,&quot;aspectRatioH&quot;:1085}}" alt="Dan Geiger" /> <noscript> <img src="https://i.insider.com/5e8e05d129d6d952440104d3?width=600&format=jpeg&auto=webp" /> </noscript> </div> </div> <div class="col-6 col-md-12"> <h1 class="author-aside-name headline-semibold">Daniel Geiger</h1> <p class="headline-regular" data-test="author-aside-title">Real Estate Correspondent</p> <div class="share-wrapper author-page"> <a class="author-contact-icon-link share-link email" target="_blank" href="mailto:dgeiger@businessinsider.com" data-toggle="tooltip" data-placement="top" title="Email author" data-original-title="dgeiger@businessinsider.com"><svg class="svg-icon email-icon author-contact-icon" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewbox="0.5 1 15 14" aria-labelledby="Email" > <path class="email" fill="currentColor" d="M1.4 4c0-.7.567-1.267 1.267-1.267h10.667c.7 0 1.266.567 1.266 1.267v8c0 .7-.566 1.267-1.266 1.267H2.667c-.7 0-1.267-.567-1.267-1.267V4Zm6.812 3.946L13.4 4.705v-.372a.4.4 0 0 0-.4-.4H3a.4.4 0 0 0-.4.4v.372l5.188 3.241a.4.4 0 0 0 .424 0Zm-.353 1.22L2.957 6.105a.233.233 0 0 0-.357.198v5.365c0 .22.18.4.4.4h10a.4.4 0 0 0 .4-.4V6.302a.233.233 0 0 0-.357-.198L8.142 9.167a.267.267 0 0 1-.283 0Z"/> </svg></a> <a class="author-contact-icon-link share-link twitter" target="_blank" href="https://twitter.com/dangeiger79" data-toggle="tooltip" data-placement="top" title="Follow author on X" data-original-title="X feed"><svg class="svg-icon social-x-icon author-contact-icon" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 24 24" aria-labelledby="X" > <path fill="currentColor" d="M17.751 3h3.067l-6.7 7.625L22 21h-6.172l-4.833-6.293L5.464 21h-3.07l7.167-8.155L2 3h6.328l4.37 5.752L17.75 3Zm-1.076 16.172h1.7L7.404 4.732H5.58l11.094 14.44Z"/> </svg></a> </div> </div> </section> </div> <div class="col-12 col-md-8 author-description"> <p>I'm a real estate correspondent for Business Insider covering the market, deals, trends and, of course, big news.&nbsp;</p> <p>Get in touch! Contact this reporter via encrypted messaging app Signal at +1 (646) 352-2884, email at dgeiger@businessinsider.com, or Twitter DM at @dangeiger79. You can also contact Business Insider securely via SecureDrop.</p> <p></p> <p></p> </div> </section> <section class="tout-layout as-river" data-component-type="tout-layout" data-load-strategy="exclude" > <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/finance" class="tout-tag-link headline-regular" data-analytics-product-index="1" > Finance </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-10-07T15:44:25Z </span></div> <a class="tout-image" data-analytics-position="1" href="/habits-hacks-that-keep-wall-street-rising-stars-mentally-sharp-2024-10"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{&quot;https://i.insider.com/670443d7198738e3a70eda2f&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1000},&quot;https://i.insider.com/670443aca703186492800910&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1500}}" alt="Running shoes draped over the Wall Street sign" /> <noscript> <img src="https://i.insider.com/670443d7198738e3a70eda2f?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="1" href="/habits-hacks-that-keep-wall-street-rising-stars-mentally-sharp-2024-10">Forget cold plunges or biohacking: Here&#x27;s how Wall Street&#x27;s rising stars stay sharp</a> </h3> <div class="tout-copy headline-regular">Here are the rituals and routines that top performers live by to keep themselves grounded and mentally prepared for their demanding workdays. </div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="2" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-10-03T11:00:02Z </span></div> <a class="tout-image" data-analytics-position="2" href="/office-construction-demand-upcoming-shortage-real-estate-2024-10"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66fd8dbc5ccfc192a552a8cc&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2933,&quot;aspectRatioH&quot;:1467},&quot;https://i.insider.com/66fd8db49e0c5c2eeeea1b4a&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2841,&quot;aspectRatioH&quot;:2131}}" alt="175 Park Avenue" /> <noscript> <img src="https://i.insider.com/66fd8dbc5ccfc192a552a8cc?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="2" href="/office-construction-demand-upcoming-shortage-real-estate-2024-10">What office meltdown? Developers see a shortage of high-end space and are rushing to build it</a> </h3> <div class="tout-copy headline-regular">Tenants like Citadel, JPMorgan, and Meta have sought new top-tier offices. Little of it has been built in recent years — until now.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/finance" class="tout-tag-link headline-regular" data-analytics-product-index="3" > Finance </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-09-30T09:00:02Z </span></div> <a class="tout-image" data-analytics-position="3" href="/top-wall-street-executives-rising-stars-investing-trading-2024"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{&quot;https://i.insider.com/66f6f36a75c877a99b615af0&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1000},&quot;https://i.insider.com/66f6f33bf9f6733e4be063f0&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1500}}" alt="Four of the rising stars in a photocollage" /> <noscript> <img src="https://i.insider.com/66f6f36a75c877a99b615af0?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="3" href="/top-wall-street-executives-rising-stars-investing-trading-2024">Wall Street rising stars: 25 top young investors, traders, and dealmakers at firms like Goldman Sachs, Blackstone, and JPMorgan</a> </h3> <div class="tout-copy headline-regular">From financing the future of cleaner energy to influencing trades at the world&#x27;s largest hedge fund, here&#x27;s why these up-and-comers are the ones to watch in finance.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="4" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-09-17T11:00:02Z </span></div> <a class="tout-image" data-analytics-position="4" href="/commercial-real-estate-federal-reserve-interest-rate-cuts-rebound-2024-9"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66e88ce6cfb7f307e5721834&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2118,&quot;aspectRatioH&quot;:1059},&quot;https://i.insider.com/66e88cfbd17aa3c7b2b325b5&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1887,&quot;aspectRatioH&quot;:1415}}" alt="Woman ascending stairs amid office towers" /> <noscript> <img src="https://i.insider.com/66e88ce6cfb7f307e5721834?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="4" href="/commercial-real-estate-federal-reserve-interest-rate-cuts-rebound-2024-9">Commercial property has been in a slump. How lower interest rates could lift it out.</a> </h3> <div class="tout-copy headline-regular">The Fed brought rates up beginning in 2022, heavily affecting commercial real estate values. With cuts on the way, the market could now bounce back.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="5" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-09-09T13:16:09Z </span></div> <a class="tout-image" data-analytics-position="5" href="/michael-shvo-beverly-hills-condo-project-default-luxury-2024-9"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66da0b5fa0ff598b2664feef&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1200,&quot;aspectRatioH&quot;:600},&quot;https://i.insider.com/666b6060ed9a404d829dad39&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1200,&quot;aspectRatioH&quot;:900}}" alt="Michael Shvo" /> <noscript> <img src="https://i.insider.com/66da0b5fa0ff598b2664feef?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="5" href="/michael-shvo-beverly-hills-condo-project-default-luxury-2024-9">Developer Michael Shvo plans bulk sale of Mandarin Oriental condos after default</a> </h3> <div class="tout-copy headline-regular">Michael Shvo bought $3 billion of real estate with German cash in the past six years. Now one of the projects is in default.</div> </article> <section data-component-type="tout-ad" data-load-strategy="exclude" class="tout-ad as-river" > <section class="river-item js-feed-item native-item"> <div class="ad-callout-wrapper only-desktop"> <div class="ad-label headline-regular only-desktop">Advertisement</div> <div data-bi-ad id="gpt-homepage-business_insider-waterfall-desktop-fluid-5" class="ad ad-wrapper fluid only-desktop" data-force="" data-type="ad" data-adunit="businessinsider.desktop/author/in-content-1/_author" data-secvert="" data-tag="" data-authors="" data-region="Waterfall" data-responsive="&lsqb;&lcub;&quot;browserLimit&quot;:&lsqb;0&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;640&comma;480&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;1260&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;800&comma;480&rsqb;&comma;&lsqb;728&comma;90&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;728&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;300&comma;250&rsqb;&comma;&lsqb;800&comma;480&rsqb;&comma;&lsqb;640&comma;480&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&rsqb;" data-tile-order="tile-5" data-url="/author/daniel-geiger" data-template="" data-targeting="&lcub;&quot;adunit&quot;:&quot;businessinsider.desktop&sol;author&sol;in-content-1&sol;_author&quot;&comma;&quot;region&quot;:&quot;Waterfall&quot;&comma;&quot;tag&quot;:&quot;&quot;&comma;&quot;template&quot;:&quot;&quot;&comma;&quot;dvp_spos&quot;:&quot;in-content-1&quot;&comma;&quot;rawvert&quot;:&quot;&quot;&rcub;" data-amazontamsizes="&lsqb;&lsqb;728&comma;90&rsqb;&rsqb;" ></div> </div> <div class="ad-callout-wrapper only-mobile"> <div class="ad-label headline-regular only-mobile">Advertisement</div> <div data-bi-ad id="gpt-homepage-business_insider-mobile_river_top-mobile-fluid-5" class="ad ad-wrapper fluid only-mobile" data-force="" data-type="ad" data-adunit="businessinsider.mobile/author/in-content-1/_author" data-secvert="" data-tag="" data-authors="" data-region="Mobile River Top" data-responsive="&lsqb;&lcub;&quot;browserLimit&quot;:&lsqb;0&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;320&comma;50&rsqb;&comma;&lsqb;320&comma;100&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;300&comma;50&rsqb;&comma;&lsqb;300&comma;600&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;728&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;728&comma;90&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;640&comma;480&rsqb;&comma;&lsqb;300&comma;600&rsqb;&comma;&quot;fluid&quot;&rsqb;&rcub;&rsqb;" data-tile-order="tile-5" data-url="/author/daniel-geiger" data-template="" data-targeting="&lcub;&quot;adunit&quot;:&quot;businessinsider.mobile&sol;author&sol;in-content-1&sol;_author&quot;&comma;&quot;region&quot;:&quot;Mobile River Top&quot;&comma;&quot;tag&quot;:&quot;&quot;&comma;&quot;template&quot;:&quot;&quot;&comma;&quot;dvp_spos&quot;:&quot;in-content-1&quot;&comma;&quot;rawvert&quot;:&quot;&quot;&rcub;" data-amazontamsizes="&lsqb;&lsqb;320&comma;50&rsqb;&comma;&lsqb;320&comma;100&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;300&comma;50&rsqb;&comma;&lsqb;300&comma;600&rsqb;&rsqb;" ></div> </div> </section> </section> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="6" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-09-03T23:22:30Z </span></div> <a class="tout-image" data-analytics-position="6" href="/michael-shvo-real-estate-developer-german-partners-2024-7"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66a7d361aab37011780b64ce&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1024,&quot;aspectRatioH&quot;:512},&quot;https://i.insider.com/66a7d355aab37011780b64c7&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:907,&quot;aspectRatioH&quot;:680}}" alt="Michael Shvo" /> <noscript> <img src="https://i.insider.com/66a7d361aab37011780b64ce?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="6" href="/michael-shvo-real-estate-developer-german-partners-2024-7">As litigation flares against Michael Shvo&#x27;s property empire, his German backers feel the heat</a> </h3> <div class="tout-copy headline-regular">Michael Shvo rebounded from a felony conviction by enticing German investors and luxury brands to back him. Now they&#x27;re caught in a legal crossfire.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="7" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-08-29T13:37:40Z </span></div> <a class="tout-image" data-analytics-position="7" href="/larry-silverstein-developer-book-9-11-world-trade-center-2024-8"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66cf9367397a1689720246e7&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:6217,&quot;aspectRatioH&quot;:3108},&quot;https://i.insider.com/66cf93561aa2ac29ee354aab&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:4959,&quot;aspectRatioH&quot;:3719}}" alt="Larry Silverstein recently in his 38th floor office at 7 World Trade Center" /> <noscript> <img src="https://i.insider.com/66cf9367397a1689720246e7?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="7" href="/larry-silverstein-developer-book-9-11-world-trade-center-2024-8">Property mogul Larry Silverstein looks back on the arduous rebuilding of Ground Zero</a> </h3> <div class="tout-copy headline-regular">New York developer Larry Silverstein has written a book that that details the rollercoaster redevelopment of the World Trade Center site after 9/11.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="8" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-08-16T19:20:43Z </span></div> <a class="tout-image" data-analytics-position="8" href="/ken-griffin-citadel-office-space-real-estate-fifth-avenue-2024-8"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66bf7cc05da406397bf6986a&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2500,&quot;aspectRatioH&quot;:1250},&quot;https://i.insider.com/66bf7cb7b4912df3ae1c581c&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2221,&quot;aspectRatioH&quot;:1666}}" alt="ken griffin citadel" /> <noscript> <img src="https://i.insider.com/66bf7cc05da406397bf6986a?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="8" href="/ken-griffin-citadel-office-space-real-estate-fifth-avenue-2024-8">Citadel seeks office space in New York as it awaits its new Park Avenue tower</a> </h3> <div class="tout-copy headline-regular">As it looks ahead to a new tower at 350 Park Ave., Citadel is in talks for office space in New York for the meantime.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="9" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-08-14T14:22:12Z </span></div> <a class="tout-image" data-analytics-position="9" href="/commercial-real-estate-dws-lending-debt-interest-rates-banks-2024-8"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66bcb4a5b4912df3ae1b846e&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1440,&quot;aspectRatioH&quot;:720},&quot;https://i.insider.com/66bcb4795da406397bf5c554&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1440,&quot;aspectRatioH&quot;:1080}}" alt="Todd Henderson of DWS is on the left, Jay DeWaltoff of DWS is on the right." /> <noscript> <img src="https://i.insider.com/66bcb4a5b4912df3ae1b846e?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="9" href="/commercial-real-estate-dws-lending-debt-interest-rates-banks-2024-8">Why these 2 executives are bullish on commercial real estate – even as they expect banks to flee </a> </h3> <div class="tout-copy headline-regular">The asset manager DWS has hired a JPMorgan executive as it looks to build out its real estate lending business.</div> </article> <section data-component-type="tout-ad" data-load-strategy="exclude" class="tout-ad as-native-river" > <div data-bi-ad id="gpt-homepage-business_insider-native_vertical-fluid-9" class="ad ad-wrapper fluid " data-force="" data-type="ad" data-adunit="businessinsider.all/author/native-1/_author" data-secvert="" data-tag="" data-authors="" data-region="Native Vertical" 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data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="10" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-08-12T17:01:01Z </span></div> <a class="tout-image" data-analytics-position="10" href="/official-partners-owners-jump-ship-alexander-brothers-rape-scandal-2024-8"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66b50478b4912df3ae1a0783&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2400,&quot;aspectRatioH&quot;:1200},&quot;https://i.insider.com/668dbeed3598be27b3454187&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2400,&quot;aspectRatioH&quot;:1800}}" alt="Tal Alexander and Oren Alexander" /> <noscript> <img src="https://i.insider.com/66b50478b4912df3ae1a0783?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="10" href="/official-partners-owners-jump-ship-alexander-brothers-rape-scandal-2024-8">First came the accusations of rape. Now 3 owners of the Alexander brothers&#x27; beleaguered brokerage firm are jumping ship.</a> </h3> <div class="tout-copy headline-regular">Official Partners found success by catering to the top of the residential market. Its connection to star broker brothers could be its downfall.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="11" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-07-24T20:58:30Z </span></div> <a class="tout-image" data-analytics-position="11" href="/blackstone-mortgage-trust-dividend-real-estate-office-pressures-2024-7"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66a166dd2d66759f66fe0360&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:3400,&quot;aspectRatioH&quot;:1700},&quot;https://i.insider.com/66a166d02d66759f66fe0351&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:3024,&quot;aspectRatioH&quot;:2268}}" alt="Blackstone signage outside Blackstone Group headquarters in NYC" /> <noscript> <img src="https://i.insider.com/66a166dd2d66759f66fe0360?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="11" href="/blackstone-mortgage-trust-dividend-real-estate-office-pressures-2024-7">Blackstone&#x27;s mortgage fund slashes dividend as slump in office puts it under pressure </a> </h3> <div class="tout-copy headline-regular">The impact of a still-weak market for office real estate is felt by Blackstone&#x27;s huge mortgage fund.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="12" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-07-23T15:06:56Z </span></div> <a class="tout-image" data-analytics-position="12" href="/super-luxury-apartments-rent-rentals-2024-7"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/669ed0b82d66759f66fd22e2&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2500,&quot;aspectRatioH&quot;:1250},&quot;https://i.insider.com/669ed0aa2d66759f66fd22db&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:2344,&quot;aspectRatioH&quot;:1758}}" alt="Look up at the facade of the luxury rental apartment building Maison Hudson in Manhattan" /> <noscript> <img src="https://i.insider.com/669ed0b82d66759f66fd22e2?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="12" href="/super-luxury-apartments-rent-rentals-2024-7">These apartments go for more than $100,000 a month. Why the superrich are deciding to rent rather than buy. </a> </h3> <div class="tout-copy headline-regular">The ultra-wealthy have preferred to buy multi-million dollar homes rather than rent. Two small luxury rentals in Manhattan show that&#x27;s changing.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="13" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-07-17T12:34:22Z </span></div> <a class="tout-image" data-analytics-position="13" href="/official-partners-brokerage-exit-alexander-brothers-scandal-2024-7"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{&quot;https://i.insider.com/6696d8598893442a51572673&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1000},&quot;https://i.insider.com/6696d7bc9caa6ed01e022907&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1500}}" alt="The Alexander brothers casting a shadow on the Official Partners logo" /> <noscript> <img src="https://i.insider.com/6696d8598893442a51572673?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="13" href="/official-partners-brokerage-exit-alexander-brothers-scandal-2024-7">Star luxury broker is leaving firm shaken by rape allegations against Alexander brothers</a> </h3> <div class="tout-copy headline-regular">Tyrone McKillen was the archetypal star broker when he joined Official in 2023. Now he&#x27;s leaving as the firm&#x27;s future has been thrown into doubt. </div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="14" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-06-25T13:49:41Z </span></div> <a class="tout-image" data-analytics-position="14" href="/tal-alexander-stepping-down-official-partners-real-estate-brokerage-2024-6"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{&quot;https://i.insider.com/667ae84f40cf2af6e4f5899c&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1000},&quot;https://i.insider.com/667ae873d1c84a0eaca7994f&quot;:{&quot;contentType&quot;:&quot;image/png&quot;,&quot;aspectRatioW&quot;:2000,&quot;aspectRatioH&quot;:1500}}" alt="Tal Alexander on a breaking blue background" /> <noscript> <img src="https://i.insider.com/667ae84f40cf2af6e4f5899c?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="14" href="/tal-alexander-stepping-down-official-partners-real-estate-brokerage-2024-6">Tal Alexander announces he will step away from his brokerage firm amid rape allegation</a> </h3> <div class="tout-copy headline-regular">Tal Alexander was one of the biggest names in real estate brokerage. Now he and his brother and brokerage partner Oren have been accused of rape.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="15" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-06-18T23:29:36Z </span></div> <a class="tout-image" data-analytics-position="15" href="/tal-alexander-accused-rape-woman-with-alon-in-2012-2024-6"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/66721207a76074d191cd327a&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1493,&quot;aspectRatioH&quot;:746},&quot;https://i.insider.com/667211f8a76074d191cd3273&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1140,&quot;aspectRatioH&quot;:855}}" alt="Tal Alexander" /> <noscript> <img src="https://i.insider.com/66721207a76074d191cd327a?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="15" href="/tal-alexander-accused-rape-woman-with-alon-in-2012-2024-6">Woman accuses luxury real estate broker Tal Alexander and his brother of raping her while their third brother watched</a> </h3> <div class="tout-copy headline-regular">Tal Alexander and his brother Oren were top brokers of luxury homes. Now both men and a third brother, Alon, are accused in lawsuits of raping women.</div> </article> <section data-component-type="tout-ad" data-load-strategy="exclude" class="tout-ad as-river" > <section class="river-item js-feed-item native-item"> <div class="ad-callout-wrapper only-desktop"> <div class="ad-label headline-regular only-desktop">Advertisement</div> <div data-bi-ad id="gpt-homepage-business_insider-waterfall-desktop-fluid-15" class="ad ad-wrapper fluid only-desktop" data-force="" data-type="ad" data-adunit="businessinsider.desktop/author/in-content-2/_author" data-secvert="" data-tag="" data-authors="" data-region="Waterfall" data-responsive="&lsqb;&lcub;&quot;browserLimit&quot;:&lsqb;0&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;640&comma;480&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;1260&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;800&comma;480&rsqb;&comma;&lsqb;728&comma;90&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;728&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;300&comma;250&rsqb;&comma;&lsqb;800&comma;480&rsqb;&comma;&lsqb;640&comma;480&rsqb;&comma;&lsqb;2&comma;2&rsqb;&rsqb;&rcub;&rsqb;" data-tile-order="tile-15" data-url="/author/daniel-geiger" data-template="" data-targeting="&lcub;&quot;adunit&quot;:&quot;businessinsider.desktop&sol;author&sol;in-content-2&sol;_author&quot;&comma;&quot;region&quot;:&quot;Waterfall&quot;&comma;&quot;tag&quot;:&quot;&quot;&comma;&quot;template&quot;:&quot;&quot;&comma;&quot;dvp_spos&quot;:&quot;in-content-2&quot;&comma;&quot;rawvert&quot;:&quot;&quot;&rcub;" data-amazontamsizes="&lsqb;&lsqb;728&comma;90&rsqb;&rsqb;" ></div> </div> <div class="ad-callout-wrapper only-mobile"> <div class="ad-label headline-regular only-mobile">Advertisement</div> <div data-bi-ad id="gpt-homepage-business_insider-mobile_river_top-mobile-fluid-15" class="ad ad-wrapper fluid only-mobile" data-force="" data-type="ad" data-adunit="businessinsider.mobile/author/in-content-2/_author" data-secvert="" data-tag="" data-authors="" data-region="Mobile River Top" data-responsive="&lsqb;&lcub;&quot;browserLimit&quot;:&lsqb;0&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;320&comma;50&rsqb;&comma;&lsqb;320&comma;100&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;300&comma;50&rsqb;&comma;&lsqb;300&comma;600&rsqb;&rsqb;&rcub;&comma;&lcub;&quot;browserLimit&quot;:&lsqb;728&comma;0&rsqb;&comma;&quot;slotSize&quot;:&lsqb;&lsqb;728&comma;90&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;640&comma;480&rsqb;&comma;&lsqb;300&comma;600&rsqb;&comma;&quot;fluid&quot;&rsqb;&rcub;&rsqb;" data-tile-order="tile-15" data-url="/author/daniel-geiger" data-template="" data-targeting="&lcub;&quot;adunit&quot;:&quot;businessinsider.mobile&sol;author&sol;in-content-2&sol;_author&quot;&comma;&quot;region&quot;:&quot;Mobile River Top&quot;&comma;&quot;tag&quot;:&quot;&quot;&comma;&quot;template&quot;:&quot;&quot;&comma;&quot;dvp_spos&quot;:&quot;in-content-2&quot;&comma;&quot;rawvert&quot;:&quot;&quot;&rcub;" data-amazontamsizes="&lsqb;&lsqb;320&comma;50&rsqb;&comma;&lsqb;320&comma;100&rsqb;&comma;&lsqb;300&comma;250&rsqb;&comma;&lsqb;300&comma;50&rsqb;&comma;&lsqb;300&comma;600&rsqb;&rsqb;" ></div> </div> </section> </section> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="16" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-06-13T16:59:50Z </span></div> <a class="tout-image" data-analytics-position="16" href="/michael-shvo-luxury-real-estate-developer-2024-6"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/666b60a9764df1611259c719&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1200,&quot;aspectRatioH&quot;:600},&quot;https://i.insider.com/666b6060ed9a404d829dad39&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1200,&quot;aspectRatioH&quot;:900}}" alt="Michael Shvo" /> <noscript> <img src="https://i.insider.com/666b60a9764df1611259c719?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="16" href="/michael-shvo-luxury-real-estate-developer-2024-6">Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threaten to thwart them.</a> </h3> <div class="tout-copy headline-regular">Michael Shvo rose to fame as a developer of luxury apartment. Some projects, however, are now wrestling with sluggish sales.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/finance" class="tout-tag-link headline-regular" data-analytics-product-index="17" > Finance </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-06-12T14:01:07Z </span></div> <a class="tout-image" data-analytics-position="17" href="/blackstone-deal-to-expand-hq-in-latest-sign-of-growth-2024-6"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/6669a4d6e079049018180ad7&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:3400,&quot;aspectRatioH&quot;:1700},&quot;https://i.insider.com/6669a4aaed9a404d829cc353&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:3024,&quot;aspectRatioH&quot;:2268}}" alt="Blackstone signage outside Blackstone Group headquarters in NYC" /> <noscript> <img src="https://i.insider.com/6669a4d6e079049018180ad7?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="17" href="/blackstone-deal-to-expand-hq-in-latest-sign-of-growth-2024-6">Blackstone in deal to expand its Manhattan headquarters by 30% in the latest sign of growth</a> </h3> <div class="tout-copy headline-regular">Blackstone is in a deal to expand its Manhattan headquarters after hitting $1 trillion in assets. Head count has soared 50% in the last three years.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="18" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-05-24T18:27:11Z </span></div> <a class="tout-image" data-analytics-position="18" href="/barry-sternlicht-starwood-real-estate-fund-sreit-2024-5"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/6650d8b1239fda2da6cb95ae&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:728,&quot;aspectRatioH&quot;:364},&quot;https://i.insider.com/6650d89c239fda2da6cb959e&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:660,&quot;aspectRatioH&quot;:495}}" alt="Barry Sternlicht, Chairman and CEO of Starwood Capital Group, speaks at the 2014 Milken Institute Global Conference in Beverly Hills, California April 28, 2014. REUTERS/Lucy Nicholson" /> <noscript> <img src="https://i.insider.com/6650d8b1239fda2da6cb95ae?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="18" href="/barry-sternlicht-starwood-real-estate-fund-sreit-2024-5">Billionaire investor Barry Sternlicht, master of the downturn, is now embroiled in one</a> </h3> <div class="tout-copy headline-regular">Starwood Capital became a real estate behemoth by buying properties on the cheap. Now it finds itself on the other side of that formula.</div> </article> <article data-component-type="tout" data-load-strategy="exclude" class="tout as-standard-image-right with-description with-tout-tag with-image-right" > <div class="tout-tag headline-regular "> <a href="/real-estate" class="tout-tag-link headline-regular" data-analytics-product-index="19" > Real Estate </a> <span class="tout-timestamp headline-regular js-date-format" > 2024-05-17T17:29:41Z </span></div> <a class="tout-image" data-analytics-position="19" href="/blackstone-starwood-real-estate-breit-sreit-investors-withdrawals-2024-5"> <div class="lazy-holder "> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/jpeg" data-srcs="{&quot;https://i.insider.com/664780e39fc063e829b26575&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:1024,&quot;aspectRatioH&quot;:512},&quot;https://i.insider.com/664780ca14fb5b23cc5dd5de&quot;:{&quot;contentType&quot;:&quot;image/jpeg&quot;,&quot;aspectRatioW&quot;:863,&quot;aspectRatioH&quot;:647}}" alt="Barry Sternlicht, Chairman and CEO Starwood Capital Group, speaking during a panel at the Milken Institute Global Conference in Beverly Hills, California," /> <noscript> <img src="https://i.insider.com/664780e39fc063e829b26575?width=600&format=jpeg&auto=webp" /> </noscript> </div></a> <h3 class="tout-title"> <a class="tout-title-link" data-analytics-position="19" href="/blackstone-starwood-real-estate-breit-sreit-investors-withdrawals-2024-5">Blackstone&#x27;s and Starwood&#x27;s real estate funds see outflows. 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