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Photo of Sydney Lake
Sydney Lake
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Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.
Rows of cookie-cutter homes
Finance
Wall Street’s landlord phase is back on, as Blackstone’s $3.8 billion acquisition of Tricon rouses a slumbering institutional investing sector
By Sydney LakeJanuary 19, 2024
House for sale covered in snow
Finance
Did the housing market just hit a bottom? New data reveals home sales hit their lowest point in 28 years in 2023
By Sydney Lake and Alena BotrosJanuary 19, 2024
Bank of America CEO Brian Moynihan says commercial real estate is undergoing a 'slow burn of change.'
Finance
One of America’s top banks has shed nearly 40 million square feet of office space over 15 years. BofA CEO unpacks commercial real estate’s ‘slow burn of change’
By Sydney LakeJanuary 17, 2024
The frozen housing market has more competition than pre-pandemic.
Finance
3 reasons why the frozen housing market of 2024 is actually more competitive than before the pandemic, Zillow says
By Sydney LakeJanuary 16, 2024
Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault
Finance
Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault
By Sydney LakeJanuary 12, 2024
Baby boomers’ total housing equity is still triple that of millennials
Finance
The economy just handed boomers another win—the U.S. housing market nearly doubled in a decade to a record $23 trillion
By Sydney LakeJanuary 10, 2024
Miami
Finance
Detroit dethroned Miami as fastest-appreciating housing market as home prices continued their climb in late 2023, CoreLogic says
By Sydney LakeJanuary 9, 2024
Realtor
Finance
National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail
By Sydney LakeJanuary 8, 2024
Housing market
Finance
The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in
By Alena Botros and Sydney LakeJanuary 8, 2024
Office buildings
Finance
Commercial real estate has a ‘muted’ outlook after a near-death experience in 2023, Moody’s economist says—and ‘office will continue to face the most strain’
By Sydney LakeJanuary 4, 2024
Jonathan Miller speaking
Finance
The dean of NYC’s housing market dissects a puzzle: Manhattan’s record-high number of all-cash home sales. He sees good news ahead on mortgage rates
By Sydney LakeJanuary 3, 2024
Man walking past a New York building with a sign that says Townhouse for sale.
Finance
2023 was a dud for New York City real estate—‘even for rich people.’ This year isn’t shaping up to be much better, Coldwell Banker office says
By Sydney LakeJanuary 3, 2024
Selling Sunset star Emma Hernan is optimistic about the luxury real estate market for 2024.
Finance
The mansion tax was a ‘nightmare’ for luxury Los Angeles real estate this year, ‘Selling Sunset’ star says. But 2024 could be a ‘sweet spot’ for buyers
By Sydney LakeDecember 29, 2023
It doesn’t seem to matter how badly younger generations want to buy a house—there are too many barriers for many of them to break into the housing market.
Finance
Millennials, don’t hold your breath: 2024 probably won’t be your year to break into the housing market, either
By Sydney LakeDecember 27, 2023
Some experts project that downsizing boomers will bring extra inventory to the market starting next year.
Finance
Tides have changed: Housing market experts split on whether the ‘silver tsunami’ of baby boomer downsizing will begin in 2024
By Sydney LakeDecember 26, 2023
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