Fannie and Freddie shakeup: What’s next for the mortgage giants?
Plus, Ryan Serhant expands, Brookfield takes a hit, LA’s mayor considers suspending Measure ULA and more national news from this week
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Politics
New York
Rent voucher “lifeline” is virtual dead end
Of 600,000 applicants, just 318 have cashed in
Development
Chicago
Bank OZK writedown swells to $38M on Sterling Bay’s Lincoln Yards
Lender made a second chargeoff of $17M after placing developer’s $128M loan on substandard non-accrual status last year
Development
National
Aman looking to raise up to $2B for global expansion
Vlad Doronin’s luxury hotel group has 23 projects in the works
Development
Chicago
Fulton Market developers in talks with Global Ambassador hotel
Lodging brand started by restaurateur Sam Fox in Arizona eyes mixed-use property in Chicago’s hottest neighborhood for CRE
Politics
New York
Here’s who real estate is backing in the mayoral race
Industry donated to Cuomo, Whitney and others
Development
South Florida
Map of South Florida’s canceled or delayed office projects
Some developers couldn’t get enough preleasing, others nixed plans due to tariffs
Residential
Los Angeles
Will Congress turn from Trump on wildfire aid?
Republican members appear to have cooled on conditioning federal aid to California
Residential
New York
Real estate agent charged in deed fraud scheme targeting seniors
Defendants allegedly stole three homes from rightful owners
Mar 22, 2025
Extell’s Gary Barnett pays “stupid price” to complete Fifth Ave dream
Developer bought final Fifth Avenue plot for $175 million
Mar 22, 2025
Are trophy property sellers finally getting realistic about pricing?
Formerly languishing listings and more in notes from an NYC resi reporter
Mar 22, 2025
Developers adapt to 485x and a CMBS rebound
An office revival, a Queens deed fraud scam and more New York real estate news
Mar 21, 2025
The era of 99-unit buildings has arrived
Building applications, subdivisions show effects of 485x
Mar 22, 2025
The Daily Dirt: DCAS awaits decision on 14 Wall Street lease
Agency is doing its own review of building management
Tri-State
Mar 21, 2025
Mary Tyler Moore’s Greenwich estate finally finds buyer
Widower of late actress shaved $5M off ask after listing for $22M in 2023
Mar 21, 2025
Sergio Pino-built multifamily project sold to insurance mogul’s family office
Ivan Herrera’s Unicapital paid $72M for eight-story apartment building previously owned by late developer who died by suicide
Mar 21, 2025
BH, Prime score approval for Hallandale Beach hotel project
City commission approved site plan for Hilton-branded development with 246 rooms
Mar 21, 2025
Dina Goldentayer takes #1 agent title in 2025 Ellies
South Florida agents won big in Douglas Elliman’s annual awards
Mar 21, 2025
Millennium exec Justin Gmelich linked to $29M oceanfront Highland Beach mansion purchase
12,400 sf estate hit market for $37.5M in July
Mar 21, 2025
SROA Capital adds 12th facility to South Florida portfolio
National self-storage real estate firm paid $17M for West Palm Beach site
Mar 21, 2025
South Florida resi sales down, dollar volume up in February
Median prices rose in Miami-Dade and Palm Beach counties, dropped in Broward
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Mar 21, 2025
LA’s dubious distinction: No. 1 on Fannie Mae’s California "blacklist"
County has 237 condo complexes on the no-lend list, making it harder for buyers to get loans
Mar 21, 2025
Apple campus rises between Mid-City and Culver City
Tech giant building 536K sf office and production facility
Mar 21, 2025
Aerospace firm to move HQ to 123K sf plant in Carson
Trio Manufacturing inks lease with Cypress Land valued at $20M
Mar 20, 2025
Shopoff buys industrial to build homes in north OC
Irvine developer partners with Lennar to replace Amway campus with townhomes in Buena Park
Mar 22, 2025
Measure ULA under scrutiny as Bass considers temporary pause
Caruso says mayoral recall isn’t a “good idea,” Ovation Hollywood value dives and more LA real estate news
Mar 21, 2025
Dollywood owner buys 4 SoCal amusement/water parks
Herschend merger with Palace includes parks in San Dimas, Riverside, Palm Springs
Mar 23, 2025
Big hotel proposals take shape in The Windy City
Plus, haggling over troubled debts and negotiating new ones remains front and center, and more Chicagoland stories from this week
Mar 21, 2025
Newly retired former Clayco CEO Russ Burns dies at 65
Spent over 40 years as an executive at major contractors, including 23 as president, CEO of Chicago-based conglomerate
Mar 21, 2025
Bank OZK writedown swells to $38M on Sterling Bay’s Lincoln Yards
Lender made a second chargeoff of $17M after placing developer’s $128M loan on substandard non-accrual status last year
Mar 21, 2025
Fulton Market developers in talks with Global Ambassador hotel
Lodging brand started by restaurateur Sam Fox in Arizona eyes mixed-use property in Chicago’s hottest neighborhood for CRE
Mar 21, 2025
Hamilton lands tenant as pressure mounts for suburban office debt
Matson Logistics lease brings Downers Grove building to 80 percent occupancy
Mar 21, 2025
School district threatens to deannex Wirtz family development site
Officials say Ivanhoe Village will add 940 students to local schools
Dallas
Mar 21, 2025
Irving approves Dallas Mavericks owners’ resort, sans casino
Las Vegas Sands has been lobbying for gambling legalization but hasn’t gotten enough support from Texas lawmakers
Houston
Mar 20, 2025
Nord Group’s multifamily loan heads to special servicing
Firm’s principals said they were “inexperienced and unfamiliar” with multifamily CRE in unrelated bankruptcy filing
Houston
Mar 21, 2025
Randall Davis Co’s condo sales show high-rise luxury demand
All but two units at London House in River Oaks were pre-sold
Mar 20, 2025
Texas retail is fire, but not Forever 21
Fast-fashion store’s bankruptcy leaving mall vacancies across the state
Mar 22, 2025
Will Highland Park “Mushroom House” be saved? It’s unlikely
1997-build not a top priority for preservationists, and more Texas real estate news
Houston
Mar 21, 2025
Storm-damaged suburban apartments face foreclosure
Owner hasn’t made a payment since June; complex in special servicing
Mar 18, 2025
Real estate companies ditch DEI
More than a dozen firms removed or tempered information about statistics and programs from annual reports
Washington D.C.
Mar 19, 2025
Brookfield records another loss on an office sale
Firm sells property in Arlington for $47M
Mar 18, 2025
Trump begins push to use federal land for new housing
A taskforce will identify federal land suitable for affordable homes
Mar 18, 2025
Fannie Mae secures receiver for Mendel Steiner’s properties
Judge granted emergency motion over late investor’s rentals in Cleveland
Atlanta
Mar 21, 2025
Lone Star Funds surrenders office property to avoid foreclosure
Aflac took control of downtown asset as insurer’s distress acquisitions increase
Phoenix
Mar 21, 2025
Trump cuts prompt University of Arizona to halt 200K sf life sciences project
$300M project in Downtown Phoenix at risk from suspension of federal research funding
Los Angeles
Mar 22, 2025
Measure ULA under scrutiny as Bass considers temporary pause
Caruso says mayoral recall isn’t a “good idea,” Ovation Hollywood value dives and more LA real estate news
New York
Mar 22, 2025
Are trophy property sellers finally getting realistic about pricing?
Formerly languishing listings and more in notes from an NYC resi reporter
Texas
Mar 22, 2025
Will Highland Park “Mushroom House” be saved? It’s unlikely
1997-build not a top priority for preservationists, and more Texas real estate news
South Florida
Mar 21, 2025
South Florida resi sales down, dollar volume up in February
Median prices rose in Miami-Dade and Palm Beach counties, dropped in Broward
Tri-State
Mar 21, 2025
Mary Tyler Moore’s Greenwich estate finally finds buyer
Widower of late actress shaved $5M off ask after listing for $22M in 2023
New York
Mar 21, 2025
Trinity Place Holdings offloads rent-regulated Gowanus building at a loss
Shel Capital, Bluestone Investments buy 105-unit building for $69M
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San Francisco
Mar 23, 2025
San Francisco office market sees signs of life
Plus distress for city’s biggest apartment complex, new plan for San Jose’s CityView and more SF real estate news
Los Angeles
Mar 22, 2025
Measure ULA under scrutiny as Bass considers temporary pause
Caruso says mayoral recall isn’t a “good idea,” Ovation Hollywood value dives and more LA real estate news
New York
Mar 22, 2025
Developers adapt to 485x and a CMBS rebound
An office revival, a Queens deed fraud scam and more New York real estate news
Los Angeles
Mar 21, 2025
Dollywood owner buys 4 SoCal amusement/water parks
Herschend merger with Palace includes parks in San Dimas, Riverside, Palm Springs
San Francisco
Mar 21, 2025
Can PR push bail out Mid-Market’s much-heralded food hall?
Saluhall with IKEA anchor sees vendor count drop to seven from 11
Chicago
Mar 21, 2025
Hamilton lands tenant as pressure mounts for suburban office debt
Matson Logistics lease brings Downers Grove building to 80 percent occupancy
Chicago
Mar 23, 2025
Big hotel proposals take shape in The Windy City
Plus, haggling over troubled debts and negotiating new ones remains front and center, and more Chicagoland stories from this week
Chicago
Mar 21, 2025
Newly retired former Clayco CEO Russ Burns dies at 65
Spent over 40 years as an executive at major contractors, including 23 as president, CEO of Chicago-based conglomerate
Chicago
Mar 21, 2025
School district threatens to deannex Wirtz family development site
Officials say Ivanhoe Village will add 940 students to local schools
Texas
Mar 21, 2025
Strong demand prompts Satya to expand St. Regis condo tower
Nearly 40 percent units are reserved, according to developer
Dallas
Mar 21, 2025
Irving approves Dallas Mavericks owners’ resort, sans casino
Las Vegas Sands has been lobbying for gambling legalization but hasn’t gotten enough support from Texas lawmakers
South Florida
Mar 21, 2025
BH, Prime score approval for Hallandale Beach hotel project
City commission approved site plan for Hilton-branded development with 246 rooms