Daniel Geiger
Business Insider
New York, NY, United States
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Past articles by Daniel:
Landlords pumped billions into apartment buildings during the pandemic. That bet could now go horribly wrong.
Investors who paid top dollar for apartment buildings and that depended on big rent increases and cheap funding are facing increasing stress. → Read More
Tiny homes, big problems
Boxabl promised to revolutionize housing. But production problems, questionable governance, and its founders' lavish spending stand in the way. → Read More
These 17 Blackstone real estate executives are driving record earnings at the firm
Meet the private-equity giant's real estate stars investing in assets like Hollywood studios, apartments in Florida, and more. → Read More
Andy Florance built CoStar into the country's top real estate data firm. But 50 employees say the CEO's ruthless, callous behavior also built a culture of fear.
They described how Florance tormented rivals, mocked and fired workers for minor infractions, and made employees fight each other over cash prizes. → Read More
Police identified the 18-year-old man suspected of setting fire to a Tesla at CoStar's office in Richmond, Virginia
The suspect — who has no known connection to CoStar — has not been charged. The incident occurred after the data firm said it would step up security. → Read More
Read the memo CoStar CEO Andy Florance sent to employees after current and former staffers said the company surveilled and humiliated them
The CEO said complaints were from "a small but vocal group of disgruntled former employees." → Read More
CoStar IT workers describe a secretive operation to track whether employees working remotely were at their desks and how they were dressed
CoStar, the top real-estate data firm in the US, said it will "not apologize for" its high "standards" in a statement sent to Insider. → Read More
Inside the mass exodus at CoStar, real estate's biggest data firm, where 29 current and former staffers say the company surveilled and humiliated them
Employees said they're fed up with CoStar's authoritarian tactics. The $26 billion company replied that it is unapologetic about its high standards. → Read More
He's got 20 kids, a $4.4 billion real-estate fortune, and a trail of terrified nannies: Meet Stefan Soloviev
Stefan Soloviev spent his life trying to escape his father, the real-estate tycoon Sheldon Solow. Then he inherited his $4.4 billion empire. → Read More
Inside Amazon's secretive real-estate arm, which has built the retailer's behemoth footprint over 22 years and whose decisions make or break entire neighborhoods
John Hanson never talks about his job. But his firm, KBC Advisors, has powered the growth of the e-commerce giant from two warehouses to thousands. → Read More
Vulgar rants and public outbursts: How Better CEO Vishal Garg went from the visionary atop America's best startup to the poster child for bad bosses
Years of incidents that culminated in mass Zoom layoffs that went viral threaten to tear down the $7 billion mortgage business Garg has built. → Read More
How a secretive plan to grow Zillow's home-flipping business angered the contractors that were essential to its success
While Zillow was getting more aggressive with its home purchases, it was also cutting spending on repairs and renovations. That plan backfired. → Read More
Zillow CEO Rich Barton might be reeling from Zillow's iBuying fiasco, but don't count him out. He's probably 'already planning the next thing.'
The collapse of Zillow's home-flipping arm scarred the reputation of the C-suite veteran. But execs who know him say he'll rally like he always does. → Read More
Zillow just stopped buying up homes. Rival Opendoor went on a binge, averaging 165 houses a day last quarter.
CEO and cofounder Eric Wu insisted that the company would not be derailed by the pitfalls that beset Zillow, from labor shortages to wild home prices. → Read More
Zillow insiders are blaming an internal initiative called Project Ketchup for the company's home-flipping failures
Current and former employees said the desire to "catch up" with Opendoor led to ramped-up buying, inflated offers, and skimping on renovations. → Read More
Zillow CEO explains why he suddenly shut down its homebuying business: He feared 'putting the whole company at risk'
"We had been willing to take a really big swing on this, but not a bet-the-company swing," CEO Rich Barton said Tuesday. → Read More
Zillow is selling more than 81% of Dallas homes it owns for less than it paid
The Dallas data points to issues for Zillow, one of the country's biggest iBuyers. The property giant expected to make bank from flipping homes. → Read More
Zillow is poised to take a loss on two-thirds of the Minneapolis and St. Paul homes it owns
The Twin Cities data points to issues for Zillow, one of the country's biggest iBuyers. The property giant expected to make bank from flipping homes. → Read More
Zillow's struggling iBuying business is a troubling setback for the company
Recent problems have highlighted how iBuying isn't profitable for Zillow. But the unit's future growth may hang on the business. → Read More
Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss
Insider's analysis of 224 Zillow-owned homes for sale in Phoenix points to challenges for the real-estate giant, one of the country's biggest iBuyers. → Read More