Inside Izzy Rotenberg’s crumbling Chicago multifamily empire
Half of Brooklyn-based investor’s Chicago portfolio rapidly fell into foreclosure and are among a widening pool of troubled assets on the city's South Side
Top stories
Get the latest
Real Estate news
Real Estate news
Headlines delivered weekly
Residential
South Florida
Alexanders list waterfront Miami Beach house for rent for $55K a month
Company managed by disgraced agent Oren Alexander owns the Sunset Islands home
Commercial
New York
Chetrits and Sioni Group hire sales team in sign of life for Midtown South skyscraper
Developers spent two decades assembling land for 70-story tower
Development
South Florida
After the office boom: Miami-Dade construction starts drop to nine-year low as projects “just don't pencil out”
Developers started on nearly 651K sf countywide over the past year, lowest since at least 2017, CoStar data shows
Politics
New York
Behind the Tish-versus-Trump fight
The president’s revenge play against the attorney general doesn’t hold water
Commercial
Chicago
Huge South Side landlord Shaya Wurzberger faces foreclosure
Brooklyn-based landlord of over 1,000 Chicago apartments falls into distress with lender Roc Capital on South Side deals
Development
Los Angeles
Four projects to know from LA mayor’s state of the city
Karen Bass covered everything from massive infrastructure to local projects
Residential
Austin
$142M high-yield investment fund accused of Ponzi scheme
Austin’s CCG Capital accused of inflating returns, paying out phantom profits
New York
Who’s onstage at TRD’s annual NYC Forum, May 7
From office experts to development icons, expect the industry’s top names
Apr 25, 2025
Blackstone walks back Rialto’s Jeff Sutton allegation
Is the King of Retail getting special treatment?
Apr 25, 2025
Apollo touts upswing in sales at Steinway Tower
Lender said strong activity at Billionaires’ Row supertall led to payoff of senior loan
Apr 25, 2025
Landlords, rejoice! City to ease re-renting of affordable units
HPD will allow owners to re-list affordable vacancies on StreetEasy, Craigslist
Apr 25, 2025
Midtown South rezoning presents test case for NYC’s new high-density zoning districts
BP Mark Levine, Council members throw official support behind plan
Apr 25, 2025
Eyal Ofer nabs crucial win in messy battle over NoMad Hotel
Billionaire can finally move to sell Mondrian Hotel years after claiming to acquire it
Apr 25, 2025
Related ups ante in NYC casino pitch with more housing
Firm wants to use surplus PILOT payments
Apr 25, 2025
Billionaire Russell Weiner wins Miami Beach foreclosure battle, plans “most incredible” estate
Rockstar Energy founder secured title to Meruelos’ home, which sits in between Weiner’s properties on Pine Tree Drive
Apr 25, 2025
Patrick Carroll agrees to mental health program in LA criminal case
Multifamily syndicator avoids prosecution on charges tied to displaying a firearm and evading police
Apr 25, 2025
Michael Stern’s JDS scores upzoning approval to build South Beach condo tower
Developer plans to acquire Bikini Hostel property as part of public benefits
Apr 25, 2025
Raanan Katz jumps onboard Publix buying spree, pays $16M for Miramar site
His RK Centers picked up 66K sf shopping center anchored by grocery store
Apr 25, 2025
Freehold Capital pays $32M for dev site approved for 309 townhouses in south Miami-Dade
Legacy Residential, CD Group sold 50-acre vacant assemblage
Apr 25, 2025
Resi sales fall across South Florida in March
Price growth boosted dollar volume to $5.3B, up y-o-y from $5.2B
Videos
Broker-fee ban could create "huge black market” | TRD News
Don't miss this keynote with Bilt Rewards' Ankur Jain — May 7th at our NYC TRD Forum!
Agents find their new home at the Flatiron office | Brand Studio
What makes an '"It" building sell? | TRD News
Will developer Rick Caruso get LA back on track?
Inside TRD's April 2025 magazine: Rialto vs. Signature borrowers, Broward's investment boom & more
Why Life Time CEO nixed the company's entire sales team | Coffee Talk
Turning up the heat on the private listing cold war
Conveying Your Value as a Buyer’s Agent | Brand Studio
Thriving in a Changing Marketplace | Brand Studio
How StreetEasy Champions NYC Buyer’s Agents | Brand Studio
Steven and Alex Witkoff to join TRD live on stage at our NYC Forum!
Inside the largest office to resi conversion in the country, 25 Water Street
NYC flip king David Werner's buying spree
Life Time CEO Bahram Akradi on his athletic country clubs, nixxing sales staff & more | Coffee Talk
Lambo Downstairs, Gaggenau Upstairs: Meet the Luxury Car Condos at The Motor Enclave | Brand Studio
SBE's hospitality king Sam Nazarian on his prolific portfolio, next business boom & more
Neir Meir is out of jail, released from Rikers Island on bail
Real estate reacts to Trump's anti–DEI push
Erik Conover, NYC agent and YouTuber, charged with attempted murder #shorts
Apr 25, 2025
Fires, tariffs ripple through LA office market
Vacancies remain high in the county, except for Century City
Apr 25, 2025
Orange County malls retool for mixed-use future
In Santa Ana, Orange, Westminster, developers build housing to fill empty retail space
Apr 25, 2025
Lionext signs lease worth $22M for Santa Fe Springs warehouse
Logistics firm makes 10-year commitment to Mid-Cities distribution facility
Apr 25, 2025
Agents like to talk up luxe condo living. Is LA ready for it?
The Agency sells out Four Seasons as agents stay bullish on vertical living
Apr 25, 2025
Celebrity agent Carl Gambino eyes growth after over $400M year
Team in negotiations on four agent acquisitions, new markets
Apr 24, 2025
Onni reconfigures LA’s Arts District project for apartments
Shift in market puts developer’s emphasis on residential, not office
Apr 25, 2025
Inside Izzy Rotenberg’s crumbling Chicago multifamily empire
Half of Brooklyn-based investor’s Chicago portfolio rapidly fell into foreclosure and are among a widening pool of troubled assets on the city's South Side
Apr 25, 2025
Custom mansion asks $9.5M in hot Lincoln Park
Managing director of Prudential Capital Partners selling home on iconic street
Apr 25, 2025
Sterling Bay lists fully leased Loop office asset as maturity looms
Building’s debt service outpaced net cash flow despite strong leasing
Apr 24, 2025
Barket’s Condor hit with foreclosure on stalled Old Town site
Shortly after rescuing Mural Park project in Pilsen from distress, Chicago-based developer turns attention to financial trouble at 1528 North Wells
Apr 25, 2025
Illinois homeowners pay nation’s highest property tax rates
Pension debt is at the root of state’s high property taxes
Apr 25, 2025
Former Millennium Bank exec snags Northbrook hotel for 50% off
Contentious foreclosure followed Allstate HQ exit, area’s hospitality crash
Austin
Apr 23, 2025
$142M high-yield investment fund accused of Ponzi scheme
Austin’s CCG Capital accused of inflating returns, paying out phantom profits
San Antonio
Apr 24, 2025
Historic property faces foreclosure after resi conversion
Travis Building was city’s first PACE recipient
Apr 24, 2025
Resident accuses Sands, Irving chamber of secret land sale
Alleged “backroom” talks, zoning maneuvers tied to potential mega-casino
Apr 24, 2025
Elon Musk’s wish for SpaceX town likely to win voter approval
Most eligible voters are Musk employees or their relatives
Dallas
Apr 25, 2025
Dallas extends lead in Texas ultra-luxury home listings
Five of state’s 10 priciest homes listed in Dallas County this month
Dallas
Apr 25, 2025
Carbon Cos, Greenway land $125M for Frisco apartments
Loan to fund 620 apartments, underground garage near PGA HQ
Apr 21, 2025
Window may be closing on Opendoor as it faces delisting
iBuying operation has been trading below $1 since April 11
Apr 21, 2025
Big chunk of Moshe Silber’s sprawling portfolio heads to auction
Multifamily investor was sentenced to 30 months in prison for role in mortgage fraud scheme
Apr 20, 2025
More Fannie Mae departures as turmoil continues
Tal Alexander tries to call the shots from prison, Larry Silverstein drops his $3.7 billion federal funding bid for 2 WTC and more national news from this week
Apr 18, 2025
Robert Reffkin goes NAR activist investor
Compass exec publicly tangles with MLSs in campaign against CCP
Apr 25, 2025
Compass sues NWMLS, claims antitrust violations
Brokerage hit back over ban on office exclusives and Compass’ access to its data feed
Atlanta
Apr 25, 2025
Dallas developer picks Alpharetta for lifestyle-centered retail
Lincoln Property Company adding shopping to The Gathering development
Dallas
Apr 25, 2025
Dallas extends lead in Texas ultra-luxury home listings
Five of state’s 10 priciest homes listed in Dallas County this month
National
Apr 25, 2025
Compass sues NWMLS, claims antitrust violations
Brokerage hit back over ban on office exclusives and Compass’ access to its data feed
Chicago
Apr 25, 2025
Custom mansion asks $9.5M in hot Lincoln Park
Managing director of Prudential Capital Partners selling home on iconic street
San Francisco
Apr 25, 2025
Wrecking ball aims for historic movie theater in Berkeley
Panorama Interests clears final hurdle to build 227 apartments
South Florida
Apr 25, 2025
Resi sales fall across South Florida in March
Price growth boosted dollar volume to $5.3B, up y-o-y from $5.2B
Los Angeles
Apr 25, 2025
Agents like to talk up luxe condo living. Is LA ready for it?
The Agency sells out Four Seasons as agents stay bullish on vertical living
Upcoming Events
The Real Deal's NYC Forum
Metropolitan Pavilion
B/S/H/ and The Real Deal: Building Luxury – Chicago
BSH Experience & Design Center
The Real Deal's Miami Forum
Mana Wynwood
The Real Deal’s Podcast
Deconstruct
The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Los Angeles
Apr 25, 2025
Fires, tariffs ripple through LA office market
Vacancies remain high in the county, except for Century City
Los Angeles
Apr 25, 2025
Orange County malls retool for mixed-use future
In Santa Ana, Orange, Westminster, developers build housing to fill empty retail space
Chicago
Apr 25, 2025
Sterling Bay lists fully leased Loop office asset as maturity looms
Building’s debt service outpaced net cash flow despite strong leasing
New York
Apr 25, 2025
Eyal Ofer nabs crucial win in messy battle over NoMad Hotel
Billionaire can finally move to sell Mondrian Hotel years after claiming to acquire it
South Florida
Apr 25, 2025
Raanan Katz jumps onboard Publix buying spree, pays $16M for Miramar site
His RK Centers picked up 66K sf shopping center anchored by grocery store
San Francisco
Apr 25, 2025
Wharton School mulls new campus in SF’s “the Cube” in FiDi
MBA program could double its Bay Area footprint with move from Embarcadero
South Florida
Apr 25, 2025
Michael Stern’s JDS scores upzoning approval to build South Beach condo tower
Developer plans to acquire Bikini Hostel property as part of public benefits
Atlanta
Apr 25, 2025
Dallas developer picks Alpharetta for lifestyle-centered retail
Lincoln Property Company adding shopping to The Gathering development
Dallas
Apr 25, 2025
Carbon Cos, Greenway land $125M for Frisco apartments
Loan to fund 620 apartments, underground garage near PGA HQ
New York
Apr 25, 2025
Related ups ante in NYC casino pitch with more housing
Firm wants to use surplus PILOT payments
South Florida
Apr 25, 2025
Freehold Capital pays $32M for dev site approved for 309 townhouses in south Miami-Dade
Legacy Residential, CD Group sold 50-acre vacant assemblage
New York
Apr 25, 2025
Midtown South rezoning presents test case for NYC’s new high-density zoning districts
BP Mark Levine, Council members throw official support behind plan