After collapse scare, Pfizer building stabilization efforts continue
Shoring work unfolded overnight on property’s buckling floors
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Commercial
South Florida
Swerdlow calls off bid to have Don Peebles jailed over debt feud
Withdrawal of motion for criminal contempt came after sworn testimony by Peebles’ executive assistant
Commercial
Los Angeles
Embattled OC real estate investor pleads not guilty to $100M bank fraud
Mahender Makhijani remains in custody after being slapped with $1.3B payment in separate civil fraud case
Politics
New York
Mayor Mamdani builds momentum, with more landlord fights on horizon
Administration faces obstacles ahead to implement rent freeze, pied-à-terre tax, voucher expansion
Development
South Florida
“People come here to make babies”: Mapping development in Hallandale Beach
Residential, office, hotel projects crop up in city between Miami, Fort Lauderdale
Magazine
San Francisco
The IPO spree: Ranking San Francisco’s top resi dealmakers
AI wealth has already created more millionaires than mansions — and agents are searching for inventory
New York
New York’s luxury new development market is on fire
Contracts for $10M+ doubled from 2025
Residential
Chicago
Chicago homes are flying off the market as buyers bid above ask
Median listing lasted 27 days, with some homes landing contracts in 48 hours as inventory shortages fuel fierce competition
Brand Studio
BOH: the construction industry conference for executives
Why construction execs can’t afford to sleep on this conference
Commercial
Texas
Texas distress report: $900M in CRE loans flagged for auction in July
Distress at S2 Capital is behind one-third of this month’s troubled loans
“Freak accident”: Pfizer building developer denies risk of collapse
MetroLoft’s Nathan Berman tells TRD Midtown conversion’s buckled columns were likely due to added weight
Buckling ex-Pfizer HQ hit with multiple DOB violations last year
Largest office-to-resi conversion, led by MetroLoft, had 7 infractions
Meet the developers behind the Pfizer building conversion
David Werner, Nathan Berman behind project with structural concerns
NY Dirt: “Buildings aren’t free”
Advocates and landlords see debt service a little differently
Tri-State
Affinius ramping up lending prominence in Garden State
Firm provides $188M refinancing loan at Parsippany complex
Anthropic finalizes Hudson Square 466K sf building lease as it grows in NYC
AI giant to occupy AEW Capital’s entire 16-story property
Inside developer Michael Stern and his Italian investor’s breakup
Miami developments at center of legal fight
“People come here to make babies”: Mapping development in Hallandale Beach
Residential, office, hotel projects crop up in city between Miami, Fort Lauderdale
Waldorf Astoria set to take over W South Beach
Reuben Brothers’ hotel will temporarily close Aug 20 for renovations
BH, Apollo Cos buy out Related Group’s stake in Aventura mixed-use project
Plans for site call for residences, hotel with retail space
Florida AG intervened in developer disputes after raking in donations
James Uthmeier backed Two Roads, Whitman after receiving over $50K
Sedano's joins grocer acquisition trend with $32M Miami shopping center purchase
Latin supermarket chain nabbed a $40M mortgage from Ocean Bank
Videos
How 15 Central Park West changed luxury real estate forever
Collapse fears at NYC biggest conversion
The hidden cost of New York's pied-à-terre tax
Inside the Multifamily Squeeze: Political Risk, AI & Operations in 2026 | TRD Roundtable
How St. Barts became a billionaire playground
Wall Street Is Pulling Back From Housing. Here's Why.
The Secret Real Estate Power Game in St. Barts | Coffee Talk with Michael Gross
NYC’s $1.8B housing voucher fight, explained
"Mayor Mamdani calls: What's your plan to fix NYC housing?" | Victor Sigoura answers
NYC's New Pied-à-Terre Tax Explained
The downfall of Kanye's Malibu mansion
New York City Freezes Rent on Nearly 1 Million Apartments
Coffee Talk | Real Estate's Most Powerful Voices, Unscripted
Stefan Soloviev wants to break his own office rent record
Landlord-tenant dispute turns deadly
How the Plaza Hotel gave Victor Sigoura his real estate education
From Lawyer to Luxury Developer | Salon Series with Victor Sigoura
Has Miami's branded condo boom gone too far?
Trump-pardoned investor to revive $3B Miami megaproject
Is the Obama Presidential Center revitalizing Chicago, or pricing people out?
Proposed Oceanwide buyer challenges city’s concerns on financing, development plan
Bankruptcy court could weigh on KPC, Lendlease’s ability to close deal, complete graffiti-covered towers
Manhattan Beach home along The Strand tops LA County luxury contracts with $25M ask
Overall deal flow down from week prior but up from year ago
Lenders move on Hackman’s Television City, debt pegged at $357M
Chatter that Deutsche Bank-led syndicate tapped broker followed with notice of default and election to sell filed
Embattled OC real estate investor pleads not guilty to $100M bank fraud
Mahender Makhijani remains in custody after being slapped with $1.3B payment in separate civil fraud case
Orange commercial landlords face fines on vacant storefronts
City looking to close budget shortfalls by reducing blight at empty, abandoned commercial sites
Hoag Hospital wins battle for Ziggurat in $207M deal
Sale comes after Pintar, Hilco’s $177M bid fell through in court
Steeply priced Lake Forest mansion pulled off market after dramatic price cuts
Big Circle Lane estate was first marketed for nearly $28M in September 2024, marking Chicagoland’s priciest listing in the region at the time
LG opts for $125M refi over sale at Fulton Market high-rise
Developer is leveraging Chicago's supply crunch to protect its trophy building while playing defense elsewhere in its portfolio
Frank Gehry-designed “Icehenge” desk up for auction in Chicago
7-ton emerald-glass centerpiece from Inland Steel Building could fetch up to $200K after architect’s death
Uptown Theatre owner seeks $200M overhaul with bigger city subsidy
Developer claimed restoration of the long-shuttered landmark won't pencil without far more TIF than Chicago is willing to provide
Sellers from Lake Forest are now buyers of $9M Lake Geneva home
Couple snagged the property in the Wisconsin getaway a year after they sold their previous property there for $20M
Downtown Chicago office vacancy dips for first time since pandemic
CBRE data points to a long-awaited turn as tenant demand rebounds and trophy offices begin drawing leasing momentum
Prado, Presidio Bay jump ship on deal to buy long-distressed SF Centre mall
Beleaguered 1.5M complex heads back to market after $134M foreclosure bid last fall
SF brokers have a new question for homebuyers: Got an extra million?
City recorded 144 homes selling for at least $1M over asking this year, a 1,700% year-over-year increase
Gilroy multifamily project scores record $183M construction loan
Dwight Mortgage Trust provided financing for developer Ten South Construction
Santa Clara County property values hit record high $760B
Residential resilience drove most tax roll growth while commercial appeals mount
Local investors buy another piece of Pleasanton mall for $11M
Stoneridge Shopping Center, surrounding commercial buildings trading at rapid clip
Lift Partners picks up trio of Santa Clara industrial buildings for nearly $26M
Silicon Valley industrial properties drawing investments from near and far
Texas distress report: $900M in CRE loans flagged for auction in July
Distress at S2 Capital is behind one-third of this month’s troubled loans
S2 Capital dissolves $400M first fund with “no return of capital”
Founder Scott Everett also asked investors for $100M to help transfer viable assets into new fund
Toyota commits to San Antonio plant expansion with $4 billion plan
Automaker plans nearly 3M-square-foot assembly plant as city, county kick in $178M in incentives
Tesla leases 683K sf speculative industrial building amid Central Texas expansion spree
Elon Musk’s burgeoning Texas fiefdom continues to sweep the Austin area
Naterra eyeing a $34M combination office and warehouse in Dallas suburb
Global beauty products supplier’s facility would span 442K sf in Coppell
San Antonio closes on three key Project Marvel parcels for $30M
Spurs-funded acquisition gives the city key downtown parcels as plans advance for a $1B-plus sports and entertainment district anchored by a new arena
FTC’s challenge to Zillow-Redfin partnership headed to trial
Judge denies government’s request to decide case early
Brookfield-backed data center firm to go public
CSquare seeking to raise $1.35B in IPO at potential $4.18B valuation
How a courtroom showdown in Chicago could reshape residential real estate
Plus, the Jills Zeder Group’s rise to the top, the tenant groups running NYC and more national real estate news this week
Barry Sternlicht raises $10B for fund eyeing data center push
Starwood invested more than $100M into largest-ever fund
Elliman launches AI-powered data company, tech upgrade
Elius platform to turn brokerage’s proprietary data into new products
Norges, Asana join forces on $500M retail acquisition spree
Strategic partnership starts with 50% stake in grocery-anchored portfolio
How low can it go? Two decades of Chinese home price growth erased by ongoing crash
No end in sight as housing prices fall for 35th straight month
Home flippers descend on Hong Kong
Prices jump 10% YoY following elimination of taxes on flips, spec in 2024
Barclays drops nearly $1B to buy its London HQ
Lender the latest to shift from renter to owner of office space
Manchester United takes step towards $2B+ stadium project
Soccer club buys majority of land needed for development
Charles Kushner ruffles berets as French ambassador
First year in gig included two summonses, which he ignored
Dolce & Gabbana eyeing sale-leaseback for Milan properties
Fashion brand seeks to raise liquidity, refinance debt
National
Miami claims highest office asking rents in the US
Magic City averages $59.66 per square foot, outpacing the five boroughs’ $50.56
New York
Bronx neighborhoods lead NYC housing market growth in second quarter
Norwood, Fieldston saw triple-digit growth in median values
National
U.S. government pivots to sell-off: Federal agency sells $614M worth of real estate
Amid high maintenance costs, the federal government is trimming its owned property portfolio
New York
NYC home sellers mostly profited in 2025 — except in Manhattan
Citywide median resale gains hit $70K last year
New York
“The math has stopped working”: NYC home flipping drops as state legislators propose new tax
State legislators are targeting home flippers, even as the market cools amid rising renovation costs
Texas
Texas housing boom pushes further north
New home sales explode 61% in Celina, the nation’s fastest-growing city
Chicago
Sellers from Lake Forest are now buyers of $9M Lake Geneva home
Couple snagged the property in the Wisconsin getaway a year after they sold their previous property there for $20M
National
FTC’s challenge to Zillow-Redfin partnership headed to trial
Judge denies government’s request to decide case early
National
Elliman launches AI-powered data company, tech upgrade
Elius platform to turn brokerage’s proprietary data into new products
South Florida
Key International seeks $8M foreclosure against Miami developer
Caroline Weiss allegedly failed to repay 2024 promissory note secured by her Coconut Grove home
Texas
Houston’s Antinozzi Group flips back to Compass, this time for good
Team spent five months at Compass before returning to Remax in May 2025
Chicago
LG opts for $125M refi over sale at Fulton Market high-rise
Developer is leveraging Chicago's supply crunch to protect its trophy building while playing defense elsewhere in its portfolio
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San Francisco
Local investors buy another piece of Pleasanton mall for $11M
Stoneridge Shopping Center, surrounding commercial buildings trading at rapid clip
Los Angeles
Proposed Oceanwide buyer challenges city’s concerns on financing, development plan
Bankruptcy court could weigh on KPC, Lendlease’s ability to close deal, complete graffiti-covered towers
Tri-State
Affinius ramping up lending prominence in Garden State
Firm provides $188M refinancing loan at Parsippany complex
San Francisco
Prado, Presidio Bay jump ship on deal to buy long-distressed SF Centre mall
Beleaguered 1.5M complex heads back to market after $134M foreclosure bid last fall
New York
Anthropic finalizes Hudson Square 466K sf building lease as it grows in NYC
AI giant to occupy AEW Capital’s entire 16-story property
Los Angeles
Orange commercial landlords face fines on vacant storefronts
City looking to close budget shortfalls by reducing blight at empty, abandoned commercial sites
Texas
Naterra eyeing a $34M combination office and warehouse in Dallas suburb
Global beauty products supplier’s facility would span 442K sf in Coppell
Texas
San Antonio closes on three key Project Marvel parcels for $30M
Spurs-funded acquisition gives the city key downtown parcels as plans advance for a $1B-plus sports and entertainment district anchored by a new arena
Texas
JVP’s spec office construction underway at $3B suburban Dallas project The Mix
110K sf office build is situated as the centerpiece of the long-planned mixed-use development
New York
Engineering failure likely behind Pfizer project scare
Damage appears localized as crews install temporary supports
Chicago
Uptown Theatre owner seeks $200M overhaul with bigger city subsidy
Developer claimed restoration of the long-shuttered landmark won't pencil without far more TIF than Chicago is willing to provide
South Florida
Related Group’s Hollywood Live Local project draws suit from residents, nonprofit
Opposition claims project violates deed restriction, city charter