National Real Estate News National Real Estate News October 2025 | Vol. 23 No. 10 January 2026 | Vol. 24 No. 1 PLUS: W I L L N A F TA L I ’ S BIG BET P AY O F F ? p20 THE “BOND VILLAIN” O F R E TA I L p24 A HEDGE FUNDER’S S Y N D I C AT I O N MESS p32 THE...
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National Real Estate News National Real Estate News October 2025 | Vol. 23 No. 10 January 2026 | Vol. 24 No. 1 PLUS: W I L L N A F TA L I ’ S BIG BET P AY O F F ? p20 THE “BOND VILLAIN” O F R E TA I L p24 A HEDGE FUNDER’S S Y N D I C AT I O N MESS p32 THE RESET ELLIMAN’S FIERY CEO MICHAEL LIEBOWITZ ON NAVIGATING A CRISIS AND THE BROKERAGE’S NEXT CHAPTER p74 000_Cover_Jan26.indd 2 12/30/25 4:48 PM
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