"Bogus, fire-sale prices": Former exec sues Alden affiliate over alleged lowball buyout offer on multiple properties
Joseph Miller says he's seeking "book value" from the hedge fund that owns Tribune Publishing and real estate nationwide
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Commercial
National
Will Steven Roth’s retirement give a bump to Vornado?
Succession plan at the REIT nowhere in sight
Residential
Los Angeles
For home insurance market, LA fires come at critical moment
As adjusters set up command posts, insurers brace for huge losses and higher premiums
Commercial
New York
Macklowe sues bank to stop “devastating capital gains tax”
Developer, after default on $90M loan, says taxes from forced sale would crush him
Commercial
Austin
Developer Nate Paul pleaded guilty to lying to lenders, skirts trial
Head of World Class Holdings could face six months in federal prison, $1M fine
Development
Chicago
Bulls, Blackhawks owners unveil look at $7B Chicago development plan
Surroundings of United Center to undergo $400M facelift in initial phase of 1901 Project
Development
New York
Kent Swig sued over alleged default on Tribeca redev
Lender accused Swig of owing almost $24M on three loans
Commercial
National
Copycat suits corner Tides’ Kia and Andrade as creditors close in
Mezzanine lender Electra Capital is latest to pursue principals personally
Marketing
National
Top investors, developers, architects and more confirmed to speak at Future City
VC Brendan Wallace, developer Danny Haber, architect Robert Fuller and more will join three-day gathering for networking and dealmaking
Jan 16, 2025
Hochul cracks down on rent-stabilized landlords, requiring them to return security deposits
Jan 16, 2025
NYC industrial market posts busiest year since 2020
Activity declined in the fourth quarter but vacancy remains tight
Jan 16, 2025
M&T Bank readies to lend again in 2025
Bank pruned at-risk CRE loan book, alluded inflation could impede further cuts
Jan 16, 2025
The Daily Dirt: Hochul’s housing agenda pitches modest changes
Governor announced funding, regulatory tweaks in State of the State
Jan 15, 2025
Fifth Avenue co-op trades for $54M
Unit 12 at 960 Fifth Avenue listed for $70M in 2023
Jan 15, 2025
RXR, TF Cornerstone seek $4.8B from feds for 175 Park
Developers hope to pull from low-cost transportation financing program
Jan 16, 2025
Trump scores final approval for 1,500 condos at Trump National Doral
Council greenlit rezoning of 56 acres, site plan for phased project with 20-story towers
Jan 16, 2025
"Bogus, fire-sale prices": Former exec sues Alden affiliate over alleged lowball buyout offer on multiple properties
Joseph Miller says he's seeking "book value" from the hedge fund that owns Tribune Publishing and real estate nationwide
Jan 15, 2025
Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties
Tri-county region’s highest performing commercial submarket is starting to experience some turbulence
Jan 15, 2025
Map: Here is Broward County’s condo development pipeline
Developers have nearly two dozen projects in the works with more than 3,900 units
Jan 16, 2025
AquaBlu closing tops Broward weekly condo sales
Top 10 sales ranged from $490K to $2.2M
Jan 15, 2025
Calta scores $30M construction loan for Coral Gables townhomes
Prices at 10-unit project start at $5.7M
Jan 15, 2025
For home insurance market, LA fires come at critical moment
As adjusters set up command posts, insurers brace for huge losses and higher premiums
Jan 15, 2025
Hankey Capital proposes 90-unit apartment building in Santa Monica
Eight-story project began as a former builder’s remedy filing by WS Communities
Jan 14, 2025
Signed luxury home contracts grind to a halt in LA’s fire zones
Report offers first sign of wildfires’ impact on residential dealmaking
Jan 14, 2025
Mayor Bass’ new executive order aims to streamline rebuilding LA
New rules require city to review projects in 30 days, waive discretionary hearings
Jan 16, 2025
Honeymoon home of Elvis and Priscilla in Palm Springs lists for $9.3M
Mid-Century house designed by William Krisel resembles a 1960s spaceship
Jan 16, 2025
LA to consider rent freeze and eviction moratorium for fire victims
City Council motion follows allegations of price gouging by landlords
Jan 15, 2025
Alameda County agrees to final talks over sale of Oakland Coliseum
African American Sports and Entertainment Group aims to redevelop 112-acre complex
Jan 14, 2025
Bay Area brokerage goes independent again, avoiding Compass acquisition
Firm is now the biggest independent in NorCal, with $5.5B in annual sales.
Jan 15, 2025
Harvest Properties loses 11-story Oakland office building to lender
Investor gives former Leamington Hotel to CIT Bank after failing to pay $36M debt
Jan 14, 2025
Related sells $11M penthouse at The Avery in SF’s East Cut
Half-floor condo sale represents Downtown’s priciest trade since 2022
Jan 15, 2025
Hotel development stalls across the Bay Area and all of California
Development pipeline dries up as 75% fewer properties opened last year in region
Jan 14, 2025
Portsmouth Square marks second default on $117M debt for SF hotel
Owner of 544-room Hilton San Francisco Financial District will “endeavor to refinance”
Jan 15, 2025
Baum pounces as Ameritus faces foreclosure on suburban Chicago office
Landlord was in default on an $10.6 million loan tied to a Deerfield building before loan note changed hands
Jan 15, 2025
Bulls, Blackhawks owners unveil look at $7B Chicago development plan
Surroundings of United Center to undergo $400M facelift in initial phase of 1901 Project
Jan 15, 2025
Sterling Bay tries sidestepping alderman for North Side housing towers
Jan 15, 2025
Bally’s seeks key property tax break for $1.7B Chicago casino
Gambling firm faces potential political roadblocks with bid to cut assessments by more than half over a decade
Jan 15, 2025
Sterling Bay tries sidestepping alderman for Lincoln Park towers
Chicago developer moves housing proposal to untested path toward council approval
Jan 14, 2025
WP Carey lists antique office building it once tried to expand
Downturn in office market left full vacancy at 550 West Randolph
Jan 14, 2025
Real Estate proposals to watch in this year’s Texas Legislature
Biennial legislative session opens today, with proposals on property taxes, price disclosure, foreign buyers and corporate landlords
Austin
Jan 15, 2025
Developer Nate Paul pleaded guilty to lying to lenders, skirts trial
Head of World Class Holdings could face six months in federal prison, $1M fine
Dallas
Jan 15, 2025
Dallas developer Mehrdad Moayedi loses home to wildfires
Centurion American Development chief owned property in Malibu
Austin
Jan 15, 2025
Luxury sales, listings ramping up as predicted
Eight homes last listed for over $2M sold last week, and there were 26 new listings
Houston
Jan 15, 2025
KNA buys Galleria-area hotel in Houston for upscale shopping center
Local developer buys shuttered La Quinta Inn, plans to raze it for 95K sf retail building
Dallas
Jan 15, 2025
Law firm trims space in HQ move from North Dallas to Uptown
Part of Munck Wilson Mandala’s strategy of relocating its offices to urban core
Las Vegas
Jan 15, 2025
LA fires could send displaced residents flocking to nearby Las Vegas
Influx likely to put pressure on tight housing market in Nevada, experts say
Jan 15, 2025
Compass stock jumps 20% as it raises outlook
Company added 650 principal agents organically in the fourth quarter of 2024
Jan 14, 2025
Top Agent Network’s lawsuit against NAR dismissed for second time
Unclear if money changed hands as two sides settle
Jan 14, 2025
Top investors, developers, architects and more confirmed to speak at Future City
VC Brendan Wallace, developer Danny Haber, architect Robert Fuller and more will join three-day gathering for networking and dealmaking
Jan 16, 2025
Fifth Wall CEO: Three signs proptech’s pain is ending
Brendan Wallace on what went wrong and why property technology will emerge stronger
Atlanta
Jan 15, 2025
Gun Club Park set to be reimagined as residential community
City put out RFQ to redevelop 44-acre Westside site
Los Angeles
Jan 16, 2025
Honeymoon home of Elvis and Priscilla in Palm Springs lists for $9.3M
Mid-Century house designed by William Krisel resembles a 1960s spaceship
Los Angeles
Jan 16, 2025
LA to consider rent freeze and eviction moratorium for fire victims
City Council motion follows allegations of price gouging by landlords
South Florida
Jan 16, 2025
AquaBlu closing tops Broward weekly condo sales
Top 10 sales ranged from $490K to $2.2M
Las Vegas
Jan 15, 2025
LA fires could send displaced residents flocking to nearby Las Vegas
Influx likely to put pressure on tight housing market in Nevada, experts say
South Florida
Jan 15, 2025
Leadership shift at Compass, as brokerage looks to expand further into new dev sales, luxury market
Beth Butler retired at the end of the year, and founding agent Mercedes Saewitz joined LPT Holdings’ Aperture Lifestyle Real Estate
South Florida
Jan 15, 2025
Goya heir Andrew Unanue sells Palm Beach mansion for $28M
He upsized to a lakefront estate for $63.4M in 2023
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New York
Jan 16, 2025
NYC industrial market posts busiest year since 2020
Activity declined in the fourth quarter but vacancy remains tight
New York
Jan 16, 2025
M&T Bank readies to lend again in 2025
Bank pruned at-risk CRE loan book, alluded inflation could impede further cuts
San Francisco
Jan 15, 2025
Alameda County agrees to final talks over sale of Oakland Coliseum
African American Sports and Entertainment Group aims to redevelop 112-acre complex
South Florida
Jan 15, 2025
Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties
Tri-county region’s highest performing commercial submarket is starting to experience some turbulence
San Francisco
Jan 15, 2025
Harvest Properties loses 11-story Oakland office building to lender
Investor gives former Leamington Hotel to CIT Bank after failing to pay $36M debt
Chicago
Jan 15, 2025
Baum pounces as Ameritus faces foreclosure on suburban Chicago office
Landlord was in default on an $10.6 million loan tied to a Deerfield building before loan note changed hands
South Florida
Jan 16, 2025
Trump scores final approval for 1,500 condos at Trump National Doral
Council greenlit rezoning of 56 acres, site plan for phased project with 20-story towers
San Francisco
Jan 15, 2025
Hotel development stalls across the Bay Area and all of California
Development pipeline dries up as 75% fewer properties opened last year in region
South Florida
Jan 15, 2025
Calta scores $30M construction loan for Coral Gables townhomes
Prices at 10-unit project start at $5.7M
Atlanta
Jan 15, 2025
Gun Club Park set to be reimagined as residential community
City put out RFQ to redevelop 44-acre Westside site
Chicago
Jan 15, 2025
Sterling Bay tries sidestepping alderman for North Side housing towers
Chicago
Jan 15, 2025
Sterling Bay tries sidestepping alderman for Lincoln Park towers
Chicago developer moves housing proposal to untested path toward council approval