Patrick Clark

Stay informed with Patrick Clark’s coverage and analysis for Fortune.

  • real estate agent talks to familyFinance

    Amid new rules for commissions, homebuyers should target 1.5%-2%, consumer advocate says

    By Patrick Clark and Bloomberg
  • Barry SternlichtFinance

    Billionaire Florida transplant says elite school shortfall in Miami is hampering expansion

    By Patrick Clark and Bloomberg
  • © 2009 Yellowdog ProductionsJane Sobel Klonsky382 Ways Lane, Box 225Manchester, VT 05254802-362-2242Finance

    Homebuyers expecting big savings after realtor settlement likely in for letdown: ‘Everyone is turning this ruling into what they want it to be’

    By Patrick Clark, Prashant Gopal, and others
  • The Zillow logo on a mobile phone arranged in Dobbs Ferry, New York, U.S., on Saturday, May 1, 2021. Zillow Group Inc. is scheduled to release earnings figures on May 4. Photographer: Tiffany Hagler-Geard/Bloomberg via Getty ImagesFinance

    Wall Street profits on Zillow’s woes by gobbling up starter homes, investigation finds

    By Noah Buhayar, Patrick Clark, and others
  • Zillow selling homesReal Estate

    Zillow plans to sell 7,000 homes for $2.8 billion as it restarts its house-flipping business

    By Patrick Clark, Sridhar Natarajan, and others
  • LOS ANGELES – FEBRUARY 15: (L-R) Actor Will Smith and rap artist Jay Z attend the 2004 NBA All-Star Game held at the Staples Center, February 15, 2004 in Los Angeles, California. (Photo by Frank Micelotta/Getty Images)Tech

    Jay-Z and Will Smith invest in rent-to-own startup Landis

    By Patrick Clark and Bloomberg
  • Robert Reffkin, founder and chief executive officer of Urban Compass Inc., speaks during the Power of Data: Sooner Than You Think global technology conference in the Brooklyn borough of New York, U.S., on Wednesday, Oct. 30, 2019. The event convenes leaders on the front lines taking action to move the technology industry forward. Photographer Cate Dingley/BloombergTech

    Tech-focused real estate firm Compass faces tough IPO

    By Patrick Clark, Devon Pendleton, and others
  • A person try to go inside of one of the entrance of the International Hotel Marriott Marquis while it was closed during the outbreak of the COVID-19 pandemic on May 21, 2020 in New York City.

    Marriott names Tony Capuano as fourth CEO in company history

    By Patrick Clark and Bloomberg
  • Arne Sorenson, chief executive officer of Marriott International Inc., during a Bloomberg Television interview on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 24, 2018. Sorenson, the first non-family member to be chief executive officer of Marriott International Inc., the worlds largest hotel chain, has died. He was 62. Sorenson died on Feb. 15, the company said in a statement on Tuesday. He disclosed a diagnosis of pancreatic cancer in May 2019, saying doctors had caught the disease early, and that he intended to continue working while undergoing treatments.Retail

    Marriott CEO Arne Sorenson dies at 62

    By Patrick Oster, Patrick Clark, and others
  • The Zillow Inc. application (app) is displayed on an Apple Inc. iPhone 5s in front of the Trulia Inc. website in this arranged photograph in Washington, D.C., U.S., on Friday, July 25, 2014. Zillow, the largest U.S. real estate website, is seeking to buy No. 2 Trulia for as much as $2 billion in cash and stock, according to people with knowledge of the matter. Photographer: Andrew Harrer/Bloomberg via Getty ImagesFinance

    Zillow follows SNL spoof with record quarterly profit

    By Patrick Clark and Bloomberg
  • Travelers wait in line to check in for a flight at the Tom Bradley International Terminal at Los Angeles International Airport (LAX) amid a COVID-19 surge in Southern California on December 22, 2020 in Los Angeles, California. TSA agents screened over 1 million people for three consecutive days last Friday, Saturday and Sunday, the beginning of the traditional holiday travel season, for the first time since the start of the coronavirus pandemic. Mario Tama—Getty Images

    Vaccine rollout could boost the travel industry—and spell the end of deep discounts

    By Justin Bachman, Mary Schlangenstein, and others