The Year’s Best Real Estate Stories

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There wasn’t a lot of good news in the commercial real estate markets in 2020, but there sure was a lot of news. Here are five stories that highlight the most interesting and impactful developments.

Vishal Garg

Vishal Garg

FRED C. CONRAD / THE NEW YORK TIMES / REDUX

The founder of this high-flying startup, which just got a $ 4 billion valuation, has a scorched-earth management style and a trail of angry ex-partners.

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This play was a look back at the politics that helped promote racial inequality in the United States.

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Opendoor Co-Founder and Chief Technology Officer Ian Wong.

Opendoor Co-Founder and Chief Technology Officer Ian Wong.

Open door

Just before the home buying company went public, its co-founder spoke to Forbes about the origins and business model of Opendoor. As the startup continues to bleed money, it faces questions about its prospects for long-term profitability.

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One of our seasoned wealth reporters looked at all of the properties the president’s company sold during his tenure, a potentially serious conflict of interest.

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Zell in 2019

Zell in 2019

Steven Ferdman / Getty Images

Zell, the founder of Equity Group Investments, is valued at $ 4.8 billion. In November, he spoke with Forbes Senior Editor Christopher Helman about Treasury Rates, SPACs and President-elect Biden.

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Follow me Twitter. Send me a safe tip. Noah Kirsch

I’ve been a reporter at Forbes since 2016. Before that I was on the road for a year – for Uber in Cleveland, volcano climbing in Guatemala, ranching in

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I’ve been a reporter at Forbes since 2016. Before that, I was on the road for a year – for Uber in Cleveland, volcano climbing in Guatemala, rearing cattle in Uruguay and a lot in between. I graduated from Tufts University with a double degree in international relations and Arabic. You can contact me at [email protected] with ideas or tips on stories or follow me on Twitter @Noah_Kirsch.

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