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
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Commercial
New York
No prison for Boruch Drillman in mortgage fraud scheme
Judge hands out five years probation because of Drillman's cooperation
Commercial
New York
Nir Meir is out of Rikers once again
Disgraced developer posted bail. Judge warns he can never leave apartment as he continues to fight charges.
Commercial
New York
Gary Barnett reveals plans for Upper West Side supertall at former Disney campus
Developer offers affordable housing in exchange for “peace”
Residential
National
“Utter nonsense”: Move CEO Damian Eales disses private listings
Realtor.com operator enters CCP debate
Politics
New York
Fashion model’s unauthorized roommate fends off eviction again
Subletter Tasheem Jenkins nabs psych eval, runs up Aubrey Hill’s arrears
Development
Dallas
Tracking Centurion American’s land-gobbling North Texas takeover
Mehrdad Moayedi’s firm scooped up more than 7,000 acres in past two years
Development
South Florida
How South Florida builders are prepping for hurricane season
Insurance, planning and projectiles are top of mind for industry players
Residential
Los Angeles
LA ICE raids could chill already tight labor market for homebuilding
Plus, Hilton & Hyland struggles continue, Jon Grauman and Adam Rosenfeld launch Resident and more of this week’s LA resi news
Jun 18, 2025
Year in review: Cash-flow positive Compass faces resi headwinds
What’s next for resi giant after slow to start the year
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 17, 2025
NYCHA vacant unit count worse than realized
More than 8,600 units across public housing portfolio are empty
Jun 18, 2025
The Daily Dirt: Why Bloomberg backed Cuomo
Former mayor, capitalist to the core, wants anyone but Mamdani
Jun 17, 2025
Restored townhouse with 100-foot garden tops Brooklyn signed contracts
Borough saw 28 contracts signed for $89M last week
Jun 17, 2025
City pursuing developer for large Hunter’s Point South parcel
RFP calls for Long Island City project with affordable housing, public space
Jun 17, 2025
Investor’s daughter gets another crack at suing Grant Cardone
Appeals court reversed dismissal of Christine Pino’s class action lawsuit against crowdfunding syndicator
Jun 17, 2025
Attorney, tech boss sell Palm Beach house in Mar-a-Lago Security Zone for $17M
4,900 sf home sells for $7M less than when listed in 2023, but significantly more than last trade
Jun 17, 2025
Ex-Dodgers player lists Miami Beach spec house for $75M
Alex Guerrero sold previous spec home project for $17M
Jun 17, 2025
Mount Sinai pays $20M for site near Blue Lagoon
Sedano’s Supermarkets CEO Augustin Herran sold property to Miami Beach-based hospital, which plans urgent care facility
Jun 17, 2025
Luxury signed contracts drop in Palm Beach County
Buyers went into contract on 9 properties totaling more than $50M in asks
Jun 17, 2025
Summer slowdown: Miami weekly condo sales slump to $68M
Dollar volume down from $115.1M week prior
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Jun 17, 2025
Palisades values free fall “not even close” to hitting bottom
Slowdown of new listings prolongs buyers’ market, veteran broker says
Jun 17, 2025
LA Chargers’ Costa Mesa training facility could become 1K housing units
Hive Live would demolish existing offices for mixed-use development
Jun 17, 2025
13K sf Newport Coast mansion hits market for $50M
Half-acre lot features speakeasy, custom-built pool
Jun 17, 2025
Canada-based Asian grocery chain grows SoCal presence with 61K sf location
New store marks fourth planned T&T Supermarket outpost in California
Jun 16, 2025
Valley Village mixed-use development gets go-ahead from city
219 market-rate, affordable apartments to rise north of 101 Freeway
Jun 16, 2025
Santa Monica Clock Tower’s loan lands in special servicing
Rockwood Capital’s building has had plummeting occupancy for years
Jun 17, 2025
North Shore spec mansion hits market where land is scarce
Glencoe estate listed over $8M amid inventory shortage
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 17, 2025
American Bar Association, law firm Goldberg Kohn add to sublease glut
New listings add 150,000 square feet to the downtown’s beleaguered market
Jun 17, 2025
Is the pope’s childhood home affordable for Dolton? A judge may decide
Fired village staffer mounted legal challenge to potential “novelty” purchase
Jun 17, 2025
Chicago to shoulder costs for South Side home rehabs
Rebuild 2.0 created to cover land acquisitions, fund gap between cost, sale price
Jun 16, 2025
Fannie’s $38M Greektown foreclosure suit piles onto OC Ventures woes
Mortgage giant alleged landlord Shangxuan Tan made “unpermitted transfers” of apartments at 410 South Morgan Street in Chicago
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
San Francisco’s luxury rental market goes “absolutely insane”
Bidding wars, limited inventory push prices up, even downtown
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 16, 2025
Millennium Tower apartment values continue to plummet since foundation fixes
HOA board president blames “negative press” around structural issues
Jun 16, 2025
TRD exclusive: Sneak peek at Treasure Island’s first new condo project
Sales at 490 Avenue of the Palms to kick off in fall, ending phase 1 of decades’ long redevelopment
Dallas
Jun 17, 2025
Tariffs didn’t scare Bixby Capital out of $84M Sun Belt industrial portfolio
Asset class has proven resilient in face of economic uncertainty
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 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
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
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 17, 2025
Police tech company outgrows Plano HQ after acquiring three firms
LeadsOnline signed for full floor in Legacy Town Center II
Jun 9, 2025
Tides Guys now owe Starwood $50M
Judgments fuel insolvency, bankruptcy rumors
Jun 10, 2025
Starwood REIT still struggling with redemption requests
Property fund facing $850M in attempted withdrawals from investors
Jun 8, 2025
What’s next for Douglas Elliman as agents depart and merger talks continue?
A look into real estate family dynasties, Brookfield nears a $400M deal for Manhattan office, Bill Pulte continues privatization push and more national real estate news from this week
Jun 3, 2025
Private credit rater deemed Moshe Silber’s Crown Holdings “investment-grade” weeks before default
Egan-Jones under fire, faces blacklist from major investment firms
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
Nashville
Jun 17, 2025
Tale of two Nashvilles: Apartment glut meets millionaire renters
Thousands of units sit vacant downtown as growing ultra-luxury tenant base snaps up skyline views
New York
Jun 18, 2025
Year in review: Cash-flow positive Compass faces resi headwinds
What’s next for resi giant after slow to start the year
Los Angeles
Jun 17, 2025
Palisades values free fall “not even close” to hitting bottom
Slowdown of new listings prolongs buyers’ market, veteran broker says
Chicago
Jun 17, 2025
North Shore spec mansion hits market where land is scarce
Glencoe estate listed over $8M amid inventory shortage
South Florida
Jun 17, 2025
Attorney, tech boss sell Palm Beach house in Mar-a-Lago Security Zone for $17M
4,900 sf home sells for $7M less than when listed in 2023, but significantly more than last trade
Los Angeles
Jun 17, 2025
LA Chargers’ Costa Mesa training facility could become 1K housing units
Hive Live would demolish existing offices for mixed-use development
South Florida
Jun 17, 2025
Luxury signed contracts drop in Palm Beach County
Buyers went into contract on 9 properties totaling more than $50M in asks
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The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
National
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
Nashville
Jun 17, 2025
Tale of two Nashvilles: Apartment glut meets millionaire renters
Thousands of units sit vacant downtown as growing ultra-luxury tenant base snaps up skyline views
Dallas
Jun 17, 2025
Police tech company outgrows Plano HQ after acquiring three firms
LeadsOnline signed for full floor in Legacy Town Center II
Chicago
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
New York
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
South Florida
Jun 17, 2025
Investor’s daughter gets another crack at suing Grant Cardone
Appeals court reversed dismissal of Christine Pino’s class action lawsuit against crowdfunding syndicator
Houston
Jun 17, 2025
World Cup boots up Southwest Value Partners’ Marriott expansion
Developer bought adjacent Battelstein’s Building in 2022, adding 56 guest rooms
South Florida
Jun 17, 2025
Mount Sinai pays $20M for site near Blue Lagoon
Sedano’s Supermarkets CEO Augustin Herran sold property to Miami Beach-based hospital, which plans urgent care facility
New York
Jun 17, 2025
City pursuing developer for large Hunter’s Point South parcel
RFP calls for Long Island City project with affordable housing, public space
Charlotte
Jun 17, 2025
Asbestos dust-up puts Peebles on offensive with Mecklenburg County
Developer accused county officials of putting affordable development at risk by denying extension to demolition deadline
South Florida
Jun 16, 2025
Melo plans 1,600 units in Edgewater, Bazbaz proposes its second Miami Live Local Act tower
A city development review board will vote on the applications at its Wednesday meeting
Washington D.C.
Jun 16, 2025
Henderson Park, Lowe score $180M loan for DC conversion
Deutsche Bank led debt package for 428-unit project