Tal Alexander denied bail as brothers await federal proceedings over sex trafficking charges
Former top broker will be moved to New York; twins Oren and Alon held in Miami ahead of hearing
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Politics
National
Economists anticipate slower rate cuts in 2025
Trump policies may stall inflation and interest rate reductions, experts warn
Development
Texas
Elon Musk wants South Texas Starbase incorporated as a town
SpaceX petitioned Brownsville’s Cameron County for an election to incorporate the city of Starbase
Commercial
Fort Worth
Massive real estate deals part of billionaire David Bonderman’s legacy
Won historic preservation cases in New York, Washington, D.C., early in career
Commercial
New York
Kushner tenants could score years of free rent after class action win
Landlord filed “fraudulent” TCOs to avoid safety requirements while collecting rent, tenants say
Politics
Houston
Tilman Fertitta could be Trump’s ambassador to Italy
Houston Rockets owner, Republican donor bought the luxury River Oaks District this year
Residential
National
DOJ tells Supreme Court it should be able to continue NAR investigation
Feds agreed to 2020 settlement for probe into Participation Rule, CCP
Magazine
South Florida
South Florida’s luxury spec market is bottlenecking
South Florida's high-end properties have never been hotter. Why aren't developers building?
Residential
Chicago
Michael Jordan’s North Shore mansion sold for $9.5M, at 36% below ask
Chicago Bulls legend takes significant price cut on North Shore Chicagoland property after 12 years on the market
Dec 13, 2024
Broker-fee ban could create “huge black market”
Landlords can use word-of-mouth listings to continue forcing tenants to pay
Dec 13, 2024
Manocherian moves ahead with 148-unit project in Lenox Hill
Developer files demolition at site on First Avenue and 73rd Street
Tri-State
Dec 13, 2024
Billionaire finally finds buyer for unfinished Southampton estate
Swedish hedge fund manager Thomas Sandell offloads $50M parcel
Tri-State
Dec 12, 2024
Stillman-led Jersey Shore project lands large debt package
Long Branch development already landed record condo sale
Dec 14, 2024
The Daily Dirt: A Ulurp makeover?
Charter commission to focus on housing crisis
Dec 13, 2024
Rent-stabilized landlord settles another case for $6.5M
Morris Lieberman admits wrongs and agrees to fix violations, reimburse tenants
Dec 13, 2024
Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid $11M debt
Shoma Group’s top executives accused of defaulting on promissory note secured by retail component of Hialeah mixed-use project
Dec 13, 2024
BREAKING: Construction accident injures three at Fort Partners’ condo site in Surfside
Two adults were transported with traumatic injuries, a third was transferred to a local hospital
Dec 13, 2024
Al Adelson, Morrisons launch sales for Berkeley condos in West Palm Beach
Prices at planned 25-story, 193-unit tower range from $2M to $10M
Dec 13, 2024
Midtown Miami developer Jon Samuel heads north, pays $28M for Broward Mall’s shuttered Sears store
It’s the second big box building sold by Seritage Growth Properties in less than two months
Dec 13, 2024
Owens Realty, Galium sell Palm Beach Gardens building for $30M
Three-story property is fully leased
Dec 12, 2024
Miami Heat’s Jimmy Butler renting waterfront Miami Beach mansion for $70K/month
Butler sold his home near South Miami over the summer for $8.3M
Dec 13, 2024
JLL finds data center developers interested in SoCal suburbs
Surge in demand has led to projects in Vernon, Monterey Park and El Segundo
Dec 12, 2024
Netflix debuts murder mystery series about LA real estate
Liz Feldman’s black comedy “No Good Deed” revolves around a home listing in Los Feliz
Dec 13, 2024
MW Investment looks to build 169 townhomes in Duarte
Three-story residences would rise on the campus of defunct arts school
Dec 12, 2024
Hollywood historic Harry Warner estate hits market for $35M
Daphna Ziman lists her Beverly Hills project to restore glamour and history to show biz
Dec 12, 2024
Home repair costs rise 40% across California in five years
Material prices and construction wages push up expenses in step with national trend
Dec 12, 2024
Jamison-owned office building in Encino could head to receivership
Landlord defaulted on $21.5M CMBS loan tied to The Atrium
Dec 13, 2024
Jack London’s home in California wine country sells for $4.75M
Writer penned “White Fang” while living in the house with octagonal living room
Dec 13, 2024
Hines and Korean pension fund pay off $503M loan on SF’s Atlas Block
Deep pockets allow partners to gain control of four-building site with redevelopment plans
Dec 13, 2024
Nvidia keeps growing with 100K sf office lease in north San Jose
Full-building deal follows AI chipmaker buying its HQ campus in Santa Clara for $374M
Dec 13, 2024
Farmers Insurance ups its game for new home policies in California
State’s second-largest insurer will expand customer list ahead of industry reform
Dec 12, 2024
San Jose cracks down on Z&L Properties for ditching historic church
Chinese developer was hit with liens after failing to pay $140K in fines
Dec 12, 2024
Apple wants $34B slashed from its Silicon Valley property tax bill
Cupertino firm has filed 1,400 appeals of its Santa Clara County assessments
Dec 13, 2024
Cook County study reveals systemic flaws in commercial property taxes, urges reform
Report highlights inconsistent methodologies between the Cook County Assessor's Office and the Board of Review
Dec 13, 2024
Chicago affordable housing firm at odds with Boston investor in new lawsuit
Chicago-based Evergreen Real Estate claims investor is stalling an agreed-upon buy out
Dec 12, 2024
Ishbia-backed park improvements hit roadblock in Winnetka
Park District continues to run into obstacles with village government, as billionaire proceeds with massive home construction project next door on Lake Michigan’s beachfront
Dec 13, 2024
MCR Hotels spends $44M on Hyatt Regency amid market challenges
Paid about $40,000 per key for hotel near O’Hare airport
Dec 13, 2024
Glenview greenlights Jacobs Cos subdivision amid low inventory
Plan for 60 upscale homes approved after previous plan shot down for being too dense
Dec 12, 2024
Related Midwest’s quantum computing campus gets greenlight
128-acre redevelopment of U.S. Steel South Works on city’s South Side would initially provide 150 permanent jobs
Austin
Dec 13, 2024
Loren Group lands $57M refinancing in thriving hotel market
Affiliates of TCG Real Estate provided loan for The Loren
Austin
Dec 10, 2024
Trammell Crow Co selling downtown sail tower for $522M
Deal with Cousins Properties comes as full-building tenant Google looks to sublease
Dallas
Dec 12, 2024
McCourt, HN Capital to cast anchor development in Design District
40-acre Hi Line Square to bring shape western Dallas skyline
Houston
Dec 13, 2024
Crow feeds NY investor’s appetite for Sun Belt multifamily
GAIA buy in Houston adds 372 units to base of more than 6K
Dallas
Dec 13, 2024
Hoque Global wins subsidy hike for University Hills game-changer
$1.75M to fund faster wastewater construction; city wants strict deadlines
Houston
Dec 13, 2024
City Council could expand audits after alleged $8M TIRZ theft
Todd Edwards is accused of pilfering from the Midtown Redevelopment Authority
Dec 13, 2024
Tal Alexander denied bail as brothers await federal proceedings over sex trafficking charges
Former top broker will be moved to New York; twins Oren and Alon held in Miami ahead of hearing
Dec 14, 2024
Blackstone invests big in Tokyo real estate
Private equity firm buys mixed-use complex for $2.6B
Dec 10, 2024
NAR settlement staved off bankruptcy, president says
Judge approved agreement in Sitzer/Burnett last month
Boston
Dec 11, 2024
Boston mayor’s plan to hike commercial property taxes killed
Bill aimed to rebalance obligations, spare homeowners
Dec 14, 2024
Inside the renaissance of Palm Beach’s art scene
Miami Beach doesn’t have a monopoly on South Florida’s art world anymore
Seattle
Dec 13, 2024
Hudson Valley Property buys 22 housing complexes, mostly in Washington
Portfolio deal includes five properties in coastal markets of Seattle, Tacoma and Olympia
San Francisco
Dec 13, 2024
Farmers Insurance ups its game for new home policies in California
State’s second-largest insurer will expand customer list ahead of industry reform
Seattle
Dec 13, 2024
Hudson Valley Property buys 22 housing complexes, mostly in Washington
Portfolio deal includes five properties in coastal markets of Seattle, Tacoma and Olympia
Tri-State
Dec 13, 2024
Most expensive Hamptons home sales in 2024
The La Dune estate netted the top sale after a fraught auction process
San Francisco
Dec 13, 2024
Jack London’s home in California wine country sells for $4.75M
Writer penned “White Fang” while living in the house with octagonal living room
Tri-State
Dec 13, 2024
Billionaire finally finds buyer for unfinished Southampton estate
Swedish hedge fund manager Thomas Sandell offloads $50M parcel
South Florida
Dec 13, 2024
Al Adelson, Morrisons launch sales for Berkeley condos in West Palm Beach
Prices at planned 25-story, 193-unit tower range from $2M to $10M
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South Florida
Dec 13, 2024
Owens Realty, Galium sell Palm Beach Gardens building for $30M
Three-story property is fully leased
New York
Dec 13, 2024
Rent-stabilized landlord settles another case for $6.5M
Morris Lieberman admits wrongs and agrees to fix violations, reimburse tenants
Austin
Dec 13, 2024
Loren Group lands $57M refinancing in thriving hotel market
Affiliates of TCG Real Estate provided loan for The Loren
Chicago
Dec 13, 2024
MCR Hotels spends $44M on Hyatt Regency amid market challenges
Paid about $40,000 per key for hotel near O’Hare airport
Houston
Dec 13, 2024
Crow feeds NY investor’s appetite for Sun Belt multifamily
GAIA buy in Houston adds 372 units to base of more than 6K
San Francisco
Dec 13, 2024
Hines and Korean pension fund pay off $503M loan on SF’s Atlas Block
Deep pockets allow partners to gain control of four-building site with redevelopment plans
Dallas
Dec 13, 2024
Hoque Global wins subsidy hike for University Hills game-changer
$1.75M to fund faster wastewater construction; city wants strict deadlines
Chicago
Dec 13, 2024
Glenview greenlights Jacobs Cos subdivision amid low inventory
Plan for 60 upscale homes approved after previous plan shot down for being too dense
South Florida
Dec 13, 2024
BREAKING: Construction accident injures three at Fort Partners’ condo site in Surfside
Two adults were transported with traumatic injuries, a third was transferred to a local hospital
Atlanta
Dec 13, 2024
Highwoods, Brand take on office-to-resi with $6M tax abatement
DeKalb County project will include some apartments at below-market prices
New York
Dec 13, 2024
Manocherian moves ahead with 148-unit project in Lenox Hill
Developer files demolition at site on First Avenue and 73rd Street
Charlotte
Dec 13, 2024
M/I Homes buys 220 acres in hot residential market
Plans 184 homes near suburban downtown