Charles Cohen, cornered, asks Fortress to settle
Billionaire lost appeal, giving Fortress opening to collect
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Commercial
New York
Maverick goes after Yoel Goldman’s former deal partner
GreenRock’s Abe Greenhut defrauded lender on Bushwick property, suit alleges
Politics
National
“Nobody saw this coming”: Trump’s plans to kill EB-5 shocks industry
Trump’s golden visa proposal is “not a reality,” dealmaker says
Commercial
Chicago
Trump, Musk face obstacles on federal office cutback goals
Security constraints, weak office market, existing lease terms complicate proposed downsizing
Politics
Washington D.C.
Trump dictates deadline for federal agencies to leave D.C.
President wants departments relocating to “less-costly” places
Commercial
Chicago
Blackstone hit by foreclosure on $310M loan for River North Point
Goldman Sachs sued over the debt after Blackstone allegedly defaulted at maturity
Residential
Los Angeles
State Farm faces more than $600M in losses from LA wildfires
Insurer estimates $7.6B to settle its wildfire claims, mostly paid by reinsurance
Commercial
Los Angeles
Hudson Pacific to sell up to $150M in offices to pay debt
LA firm to sell four office buildings, faces $600M in loans that mature this fall
Residential
South Florida
Karolina Kurkova, husband allege Fisher Island Club illegally targeted them
Lawsuit alleges board members have engaged in self-dealing and violated state laws governing nonprofit directors
Feb 28, 2025
Tishman Speyer’s $2.9B Spiral refi tops last month’s loans
Developments across asset classes score financing
Feb 28, 2025
Charles Cohen, cornered, asks Fortress to settle
Billionaire lost appeal, giving Fortress opening to collect
Feb 27, 2025
Eastdil offers retention packages to dealmakers
Break with tradition comes amid search for capital
Feb 28, 2025
The Daily Dirt: The beauty of as-of-right
Path of least resistance is winning strategy for developers — and NYC
Feb 27, 2025
City Council approves controversial Brooklyn rezoning at Arrow Linen site
After heated YIMBY-NIMBY battle, Windsor Terrace project will offer 250 units
Feb 27, 2025
LeFrak names first non-family exec, says firm will remain in the family
80-year old patriarch Richard LeFrak will continue to lead company
Feb 27, 2025
Alexander twins, Ohad Fisherman could be tried together in state rape case as early as May
Judge sided with defense to push for arrest warrants, evidence from FBI
Feb 27, 2025
Doug Levine cashes out of another Miami Wynwood project, sells office condos for $24M
Crunch Fitness founder sold two fully leased floors at mixed-use building featuring Monster Energy as main tenant
Feb 27, 2025
Nightingale’s lender takes over Miami Beach building tied to Elie Schwartz scandal
Eight-story mixed-use project is in a prime spot, but buyers will seek price discount, brokers say
Feb 27, 2025
Oceanfront Lost Tree Village house sells for record $32M, latest Palm Beach County pricey deal
Closing follows record sales in Bears Club, Stone Creek Ranch, Jupiter Inlet Colony
Feb 28, 2025
Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group
His firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables
Feb 27, 2025
White Oak nabs $67M construction loan for Davie apartments, amid South Florida multifamily supply overhang
Developer paid $11.4M for 4-acre site
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Terra Group Is Cooking with New Jean-Georges Tower | Brand Studio
Feb 27, 2025
Ohr Haemet eyes 150-unit affordable complex in LA’s Mid-City
Jewish nonprofit to employ Mayor’s ED1 to fast-track approvals
Feb 27, 2025
Ashford Hospitality scores $580M refi for 16 hotels
12-story, 260-room Beverly Hills Marriott is most valuable hotel in portfolio
Feb 27, 2025
Bolour kills beachside hotel proposal, sells site for $33.5M
Local restauranteur Harold Rothman bought the 1-acre retail and short-term rental portfolio
Feb 27, 2025
Funds flow in LA wildfire zones, but will it be enough?
Financing the next big question in rebuilding areas destroyed by LA fires
Feb 26, 2025
Recovery czar denies accusation Mayor Bass "lied" about pay
Steve Soboroff had sounded off about working for free after he was promised $500K for 90 days
Feb 26, 2025
Primestor closes $215M fund for mixed-income housing in LA
Firm co-founded by Arturo Sneider plans to build 350 units over the next three years
Feb 27, 2025
Trump, Musk face obstacles on federal office cutback goals
Security constraints, weak office market, existing lease terms complicate proposed downsizing
Feb 27, 2025
Landlord Al Friedman bringing David Byrne show to River North
“Theater of the Mind” coming to 19,000 square feet in Reid Murdoch building
Feb 27, 2025
RMC Group backfills UHC lease in ailing suburban office market
Metals distributor Ryerson moving to Downers Grove
Feb 26, 2025
Blackstone hit by foreclosure on $310M loan for River North Point
Goldman Sachs sued over the debt after Blackstone allegedly defaulted at maturity
Feb 27, 2025
Nonprofit’s exit leaves vacant floor at Vornado’s Merchandise Mart
4M sf building is relatively healthy compared to rest of downtown office market
Feb 27, 2025
601W eyes data center conversion for expensive office redevelopment
New York-based landlord spent $265M renovating a South Loop building a few years ago, and it hasn’t paid off so far
Dallas
Feb 26, 2025
New highwater mark in Texas resi market
Crespi estate biggest ask in state at $64M
Houston
Feb 27, 2025
Washington Ho poaches Victoria Luo commercial team from Nan & Co
Leasing specialists onboarded for White House Global Properties' retail entertainment ambitions
Houston
Feb 27, 2025
Energy Corridor widens lead among Houston office submarkets
Granite Properties sees tenant add whole floor, double space
Fort Worth
Feb 26, 2025
Georgetown Cos’ retail spree grabs Whole Foods-anchored asset
Shopping center in booming Fort Worth purchased from Trademark
San Antonio
Feb 27, 2025
Small-town Seguin has too many apartments
Multifamily developers went hard answering post-pandemic demand for housing in Central Texas
Austin
Feb 27, 2025
Bill Bayless lands partnership for next student-housing venture
Pennybacker Capital is funding national development, acquisition push after Bayless sold American Campus Communities to Blackstone
Feb 27, 2025
“Nobody saw this coming”: Trump’s plans to kill EB-5 shocks industry
Trump’s golden visa proposal is “not a reality,” dealmaker says
Feb 27, 2025
Trump’s federal cuts threaten housing voucher program
Estimated 283K households could lose access under House budget
Feb 25, 2025
National chain Joann’s bankruptcy will leave 800 U.S. retail spaces vacant
Crafts retailer’s assets auctioned off to GA Group last week
Nashville
Feb 24, 2025
Office-to-resi plans gelled with new player in distress investment
Tourbineau Real Estate Partners partnered with local firm Realm to buy an office building for $61 per square foot
Philadelphia
Feb 28, 2025
Philadelphia eyes tax breaks for office conversion projects
Office-to-residential projects are often too expensive for city owners
Las Vegas
Feb 27, 2025
Musk’s Boring Company pitches apartments by Las Vegas loop
Texas firm plans 32 apartments on future station of 68-mile tunnel loop for Teslas
San Antonio
Feb 27, 2025
Small-town Seguin has too many apartments
Multifamily developers went hard answering post-pandemic demand for housing in Central Texas
Los Angeles
Feb 27, 2025
Ohr Haemet eyes 150-unit affordable complex in LA’s Mid-City
Jewish nonprofit to employ Mayor’s ED1 to fast-track approvals
Austin
Feb 27, 2025
Bill Bayless lands partnership for next student-housing venture
Pennybacker Capital is funding national development, acquisition push after Bayless sold American Campus Communities to Blackstone
San Francisco
Feb 27, 2025
Robson Homes wants to turn eggs into homes in San Jose
Developer in contract to buy 75-year-old egg ranch, plans 25 single-family homes
South Florida
Feb 27, 2025
Oceanfront Lost Tree Village house sells for record $32M, latest Palm Beach County pricey deal
Closing follows record sales in Bears Club, Stone Creek Ranch, Jupiter Inlet Colony
San Francisco
Feb 27, 2025
Diocese scraps school plan in Livermore, for up to 500 homes
Adventus affiliate poised to hammer out development agreement to rezone 122 acres once planned for a high school
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South Florida
Feb 28, 2025
Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group
His firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables
New York
Feb 28, 2025
Tishman Speyer’s $2.9B Spiral refi tops last month’s loans
Developments across asset classes score financing
New York
Feb 27, 2025
Eastdil offers retention packages to dealmakers
Break with tradition comes amid search for capital
Los Angeles
Feb 27, 2025
Ashford Hospitality scores $580M refi for 16 hotels
12-story, 260-room Beverly Hills Marriott is most valuable hotel in portfolio
Chicago
Feb 27, 2025
RMC Group backfills UHC lease in ailing suburban office market
Metals distributor Ryerson moving to Downers Grove
New York
Feb 27, 2025
City Council approves controversial Brooklyn rezoning at Arrow Linen site
After heated YIMBY-NIMBY battle, Windsor Terrace project will offer 250 units
Philadelphia
Feb 28, 2025
Philadelphia eyes tax breaks for office conversion projects
Office-to-residential projects are often too expensive for city owners
Charlotte
Feb 27, 2025
Jamestown hits turbulence in Birkdale Village expansion plans
Developer wants increased density at mixed-use development acquired last year
New York
Feb 27, 2025
Naftali nails down loan for Kips Bay resi project
First Citizens Bank provides $68M loan to developer for 111K sf property
Chicago
Feb 27, 2025
601W eyes data center conversion for expensive office redevelopment
New York-based landlord spent $265M renovating a South Loop building a few years ago, and it hasn’t paid off so far
Texas
Feb 26, 2025
Kalahari Resorts advances $950M plans for Allen development
City to enter land lease negotiations for waterpark with 900-key hotel
South Florida
Feb 26, 2025
MMG Equity scores approval for 38 townhouses on West Kendall site previously planned for apartments
Asking prices start in the $650K range