Forbes Favorites 2020: The Year’s Best Real Estate Stories

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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.

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Noah Kirsch

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.


Vishal Garg

Vishal Garg 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.

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This piece was a look back at the policies that helped drive racial wealth inequality in the United States.

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Opendoor cofounder and chief technology officer Ian Wong.

Opendoor cofounder and chief technology officer Ian Wong. Opendoor

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.

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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.

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Zell in 2019

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.

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I've been a reporter at Forbes since 2016. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in

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I've been a reporter at Forbes since 2016. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in Uruguay, and lots of stuff in between. I graduated from Tufts University with a dual degree in international relations and Arabic. Feel free to reach out at [email protected] with any story ideas or tips, or follow me on Twitter @Noah_Kirsch.

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