Year in review: Cash-flow positive Compass faces resi headwinds
What’s next for resi giant after slow start to the year
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Commercial
National
Shaya Prager hit with fourth foreclosure at Midwest office complex
Dealmaker was sued for defaulting on more than $190 million in loans tied to this property
Commercial
South Florida
Investor’s daughter gets another crack at suing Grant Cardone
Appeals court reversed dismissal of Christine Pino’s class action lawsuit against crowdfunding syndicator
Commercial
New York
Times Square building back in special servicing despite loan extension
Times Square building nabbed loan extension last year, causing valuation to drop from $595M to $320M
Residential
Los Angeles
Mark Wahlberg’s former Beverly Park pad goes into contract with $68M ask
Seller tied to purchases of Rihanna’s Century City penthouse, Dubrows’ Newport Coast pad
Development
South Florida
Partner accuses Canero Group of “fraudulent scheme” involving Miami-Dade projects
Justin Rundle, son of county’s top prosecutor, is suing Miami-based firm and its principals over alleged mismanagement
Commercial
Seattle
More Martin Selig buildings fall into receivership after $378M debt default
HQ tower, six others went into receivership in March
Residential
San Francisco
San Francisco’s luxury rental market goes “absolutely insane”
Bidding wars, limited inventory push prices up, even downtown
Commercial
New York
Meridian returns to Freddie Mac financing after ban
Brokerage arranges $173M refi on Upper East
Jun 18, 2025
Developer accused of bribing NYC commish moves to throw out charges
Mark Caller argues DA failed to provide grand jury with important background on Eric Ulrich relationship
Jun 18, 2025
Year in review: Cash-flow positive Compass faces resi headwinds
What’s next for resi giant after slow start to the year
Jun 18, 2025
City providing $90M in subsidies for Coney Island affordable housing project
Adams administration teams with BFC Partners 420-unit development
Jun 17, 2025
Times Square building back in special servicing despite loan extension
Times Square building nabbed loan extension last year, causing valuation to drop from $595M to $320M
Jun 19, 2025
NYC’s top deals: UBS exec snags combined condo at 50 W. 66th
TRD reports top transactions for Wednesday, June 18, 2025
Jun 18, 2025
Soho development site sale paves way for multifamily project
Carolwood, Stellar unload ground lease to Trammell Crow
Jun 18, 2025
Oak Row scores $211M construction loan for Edgewater apartment tower
Alex Karakhanian’s Lndmrk is a co-developer of the 324-unit project
Jun 18, 2025
Mast Capital, BH close on bulk purchase of Coconut Grove condo
Developers now control more than 75% of condos, plan to redevelop the site
Jun 18, 2025
Immocorp scores $117M construction loan apartment complex in West Palm’s Northwood
Gilbert Benhamou and Gideon Friedman started construction last year on the 382-unit project using their own equity
Jun 18, 2025
Developers propose large multifamily project on former church site in Fort Lauderdale
More than 400 units planned, including about 10% for affordable housing
Jun 19, 2025
Kadima launches $70M Hallandale Beach mixed-use condo project
Plan is nearly double the cost of its other nearby multifamily development
Jun 18, 2025
Defunct rehab facility in Palm Beach County sells for $16M
Banyan Treatment Centers already lined up as new tenant
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Jun 18, 2025
Kravets office portfolio’s $68M loan heads to special servicing
Realty Bancorp experiencing plummeting occupancy and a steep drop in income at longtime HQ of Los Angeles Rams
Jun 18, 2025
Brentwood family puts custom home on market for $45M
Kohanoffs built the nine-bed, 16-bath home for themselves but now look to sell
Jun 18, 2025
Fashion Nova’s Richard Saghian buys $32M “temporary” abode on edge of Beverly Hills
Exec wanted home fit for entertaining while "The One" gets renovated
Jun 18, 2025
Orange County outpaces Los Angeles in office conversions, fundamentals
4% of OC’s office space earmarked for reuse compared to LA’s less than .5%
Jun 18, 2025
Orange County nonprofit expands Santa Ana HQ to 103K sf
Deal in Greenlaw Partners-owned property includes big renewal
Jun 18, 2025
Serendipity Labs takes over WeWork space in Costa Mesa
New York firm assumes management of 39K sf, looking to “create a network” in Orange County
Jun 18, 2025
Blackstone’s Willis Tower value is a moving target post pandemic
Appraisal at fomer Sears Tower included Skydeck tourist attraction, which valued skyscraper at $1.4B
Jun 18, 2025
Up Campus sues OC Ventures for canceling West Loop multifamily deal
Stephen Bus’ firm accused Shangxuan Tan of improperly backing out of student housing sale once valued at $52M
Jun 18, 2025
Winnetka mansion sells for $12M in year’s priciest home sale
Went under contract within days of listing; other ultra-luxury offerings under contract
Jun 18, 2025
Chicago aldermen about-face on anti-gentrification ordinance
Cardona, Villegas want their wards exempted from ordinance they previously supported after it hampered multifamily sales
Jun 18, 2025
United Center owners scoop up another parking lot for $7B vision
Owners of Bulls, Blackhawks have spent $100M since 2022 for mixed-use plan
Jun 17, 2025
601W fixed on discounted office next to Old Post Office
AEW Capital listed 525 West Van Buren, which is likely to trade for under $40M, potentially 78 percent less than 2015 price
Jun 18, 2025
Cohen & Steers dives deep with $300M Hudson Pacific stock buy
Investment managers bet on West Coast office market recovery
Jun 18, 2025
Prometheus scores $80M construction loan for delayed Los Altos housing plan
The 3.8-acre property would contain nearly 200 affordable and market-rate units
Jun 18, 2025
Silicon Valley entrepreneur seeks Trump support for Alameda tech campus
Frontier Valley tech campus would span 512 acres at former naval base site
Jun 17, 2025
Roger Fields’ Peninsula Land grabs second SF office tower at $300 psf
Chinatown purchase tops out at over $100M
Jun 17, 2025
Prologis eyes Mission Bay Caltrain station for 4K housing units, retail
Mixed-use redevelopment would transform 7M sf of railyards in heart of SF
Jun 17, 2025
Bing Crosby’s Bay Area chateau sells for $25M
Sale is among top five priciest in Hillsborough history
Jun 18, 2025
How did real estate fare in the Texas Legislature?
Property tax relief, foreign buyers and affordable housing development soaked up political capital during the session
Dallas
Jun 16, 2025
Tracking Centurion American’s land-gobbling North Texas takeover
Mehrdad Moayedi’s firm scooped up more than 7,000 acres in past two years
Houston
Jun 12, 2025
Hines offloads luxury Houston high-rise to Mexican investor
Hasta Capital borrowed $58.3M to buy downtown property built with incentives
Dallas
Jun 12, 2025
Thakkar family’s Allen development slapped with default lawsuit
Chicago-based Monroe Capital Management accused Saumil Thakkar of defaulting on $36M loan
Dallas
Jun 18, 2025
Texas Instruments steers $46B into North Texas chip plants
Firm expanded US production capacity amid rising geopolitical tensions
Dallas
Jun 18, 2025
Dallas REIT axes exec, fueling stock downgrade
FrontView launched IPO in October, fired CFO after two months
Jun 18, 2025
Senate looks to enshrine Opportunity Zones in tax code
Proposed tax and spending bill would make program permanent
Jun 18, 2025
Shaya Prager hit with fourth foreclosure at Midwest office complex
Dealmaker was sued for defaulting on more than $190 million in loans tied to this property
Seattle
Jun 17, 2025
More Martin Selig buildings fall into receivership after $378M debt default
HQ tower, six others went into receivership in March
Jun 16, 2025
Opendoor cuts 40% of its employees amid iBuying pivot
Firm lost more than $2B since public debut, faces delisting
Atlanta
Jun 18, 2025
Stream Realty to lease Piedmont Center as CP Group kicks off revival
Buckhead office bought in foreclosure deal
Denver
Jun 18, 2025
Transit-to-resi trend gains steam with nine-story proposal in South Denver
226K sf affordable housing project poised to replace parking lot
South Florida
Jun 19, 2025
Kadima launches $70M Hallandale Beach mixed-use condo project
Plan is nearly double the cost of its other nearby multifamily development
New York
Jun 19, 2025
NYC’s top deals: UBS exec snags combined condo at 50 W. 66th
TRD reports top transactions for Wednesday, June 18, 2025
Los Angeles
Jun 18, 2025
Brentwood family puts custom home on market for $45M
Kohanoffs built the nine-bed, 16-bath home for themselves but now look to sell
Los Angeles
Jun 18, 2025
Fashion Nova’s Richard Saghian buys $32M “temporary” abode on edge of Beverly Hills
Exec wanted home fit for entertaining while "The One" gets renovated
Dallas
Jun 18, 2025
Dallas REIT axes exec, fueling stock downgrade
FrontView launched IPO in October, fired CFO after two months
South Florida
Jun 18, 2025
Mr. Fix-It Bob Vila sells waterfront Palm Beach house for $33M, down from $53M ask
“This Old House” star dropped price four times after listing in 2023
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New York
Jun 19, 2025
NYC’s top deals: UBS exec snags combined condo at 50 W. 66th
TRD reports top transactions for Wednesday, June 18, 2025
Chicago
Jun 18, 2025
Chicago aldermen about-face on anti-gentrification ordinance
Cardona, Villegas want their wards exempted from ordinance they previously supported after it hampered multifamily sales
Atlanta
Jun 18, 2025
Stream Realty to lease Piedmont Center as CP Group kicks off revival
Buckhead office bought in foreclosure deal
Los Angeles
Jun 18, 2025
Kravets office portfolio’s $68M loan heads to special servicing
Realty Bancorp experiencing plummeting occupancy and a steep drop in income at longtime HQ of Los Angeles Rams
San Francisco
Jun 18, 2025
Prometheus scores $80M construction loan for delayed Los Altos housing plan
The 3.8-acre property would contain nearly 200 affordable and market-rate units
New York
Jun 18, 2025
Mack lists retail portion of Historic Brill Building
A 31K sf slice of Times Square building home is on the market
South Florida
Jun 18, 2025
Oak Row scores $211M construction loan for Edgewater apartment tower
Alex Karakhanian’s Lndmrk is a co-developer of the 324-unit project
Dallas
Jun 18, 2025
Texas Instruments steers $46B into North Texas chip plants
Firm expanded US production capacity amid rising geopolitical tensions
South Florida
Jun 18, 2025
Immocorp scores $117M construction loan apartment complex in West Palm’s Northwood
Gilbert Benhamou and Gideon Friedman started construction last year on the 382-unit project using their own equity
New York
Jun 18, 2025
Soho development site sale paves way for multifamily project
Carolwood, Stellar unload ground lease to Trammell Crow
South Florida
Jun 18, 2025
Mast Capital, BH close on bulk purchase of Coconut Grove condo
Developers now control more than 75% of condos, plan to redevelop the site
New York
Jun 18, 2025
Jacob Fulop plans 120-unit project in Bed-Stuy
Developer's pitch for 1445 Fulton Street includes ground-floor retail