A page from Trump’s playbook? California Dems take aim at CEQA
Bill that would exempt most housing development from environmental review gains traction in Sacramento
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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
San Francisco
DivcoWest, Blackstone pay $111M for SF office building
Purchase of 199 Howard Street becomes city’s first nine-figure deal since pandemic
Residential
National
Money for federal housing voucher program drying up
Loss of funding would put assistance for 60,000 renters at risk
Commercial
New York
Newmark brokers say Eastdil trying to silence competition
Eastdil sued six defectors, claiming they stole trade secrets
Development
South Florida
Here’s how South Florida condo developers are prepping for tariffs
“We have been crunching every number we can possibly imagine”
Commercial
National
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
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 23, 2025
Increasing number of healthy NYC buildings land in special servicing
Slashed valuations, high interest rates to blame
Apr 23, 2025
The Daily Dirt: City launches new density-bonus program
Universal Affordability Preference program is a go
Apr 23, 2025
Trump’s revenge play against Tish James looks like a long shot
Attorney general’s real estate deals under microscope
Apr 22, 2025
Schools fill up empty offices in Brooklyn
Office market rebounds after a five-year slump, with 4 of 5 biggest leases by schools
Apr 23, 2025
Frank Lloyd Wright’s Plaza Hotel condo snags contract
Four-bedroom unit was listed for $19M
Apr 22, 2025
Jay Group scores $105M loan for Brooklyn multifamily
Bank Hapoalim, Israel Discount Bank provide loan for two 99-unit buildings
Apr 23, 2025
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
Apr 23, 2025
Miami Beach moves forward with Meruelos', Terra’s controversial Deauville project
Land use changes, development and settlement agreements head to second reading vote May 21
Apr 23, 2025
Alexanders list waterfront Miami Beach house for rent for $55K a month
Company managed by disgraced agent Oren Alexander owns the Sunset Islands home
Apr 23, 2025
In $121M deal, Blackstone and Link sell another South Florida industrial portfolio
Ares Management picked up two facilities in Miramar and a warehouse in Dania Beach
Apr 23, 2025
Mocca sells Ponce-Davis spec mansion for $15M
Developer Alex Pirez bought 0.9-acre property for $2M in 2020, completed home this year
Apr 23, 2025
Developer, Pennsylvania businessman swap $37M of Fort Lauderdale resi deals
Larger of the two homes, a 12,200 sf mansion with 300 sf of waterfront, sold for $27.8M
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A celebratory lunch hosted by Chef Amir Korangy at TRD HQ
Apr 23, 2025
Retired judge joins lawsuit against LA utility after losing Palisades home
Jay Gandhi, who oversaw Camp Fire settlement, sues Los Angeles Department of Water and Power over lack of water
Apr 23, 2025
A page from Trump’s playbook? California Dems take aim at CEQA
Bill that would exempt most housing development from environmental review gains traction in Sacramento
Apr 23, 2025
Trousdale Estates mid-century modern property with $26M ask tops LA contracts
Last week 18 properties went into contract, totaling $129M in asking volume
Apr 23, 2025
Jacmar Companies eyes Art Deco-style apartment tower in Santa Monica
Owner of Shakey’s Pizza plans to build 13-story, 100-unit highrise
Apr 23, 2025
Appeals court rejects Huntington Beach challenge to state housing blueprint
City vows to take matter to nation’s highest court
Apr 22, 2025
LA housing construction plunges 57% in 2025
Analysis finds interest rates, Measure ULA impede new building starts
Apr 23, 2025
Stuart Handler buys apartments in hot Mount Prospect for $60M
Developer Wingspan offloaded the asset in the bustling Chicago suburb
Apr 22, 2025
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
Apr 23, 2025
R2 eyes vacant West Loop lofts amid W.P. Carey’s office retreat
Value-add buyer betting on repositioning play
Apr 22, 2025
Sam Zell’s historic newspaper building has buyer
Blue Star Properties made offer on old Chicago Daily News HQ
Apr 23, 2025
Illinois counties sue state over “unconstitutional” property tax sale setup
Forced to run foreclosure sales defying Supreme Court ruling, officials say
Apr 23, 2025
ZSD lines up $50M apartment plan for River North parking lot
Previous development proposals for the site failed to materialize
Houston
Apr 23, 2025
Viral closet owner Theresa Roemer joins Nan & Company
Her 3-story closet was featured on Good Morning America
Houston
Apr 22, 2025
Ali Choudhri jailed by judge in bankruptcy case
Embattled landlord accused of withholding financial statements
Houston
Apr 22, 2025
Brookfield plots master-planned community near suburban mall
Firm acquired Baybrook Mall when it bought GGP in 2018
Dallas
Apr 22, 2025
McKinney greenlights $1.3B project near future Highway 380 bypass
155-acre mixed-use development being spearheaded by Creation Equity
Austin
Apr 23, 2025
Karlin to spend $20M on IBM lab build-out as tech downsizes
Big Blue leased 50K square feet of lab space ahead of its office move
Dallas
Apr 23, 2025
Deloitte’s $35M office buildout cements place among Y’all Street
Granite Properties’ 23Springs development slated for delivery this summer
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
Nashville
Apr 23, 2025
Predators’ $1B arena redevelopment invites Lower Broadway
NHL team’s plans to build on energy of entertainment district
Denver
Apr 23, 2025
Ulysses scores $67M in financing to build affordable homes near Denver
Local developer will break ground in June on 152-unit complex in Broomfield
Los Angeles
Apr 23, 2025
Retired judge joins lawsuit against LA utility after losing Palisades home
Jay Gandhi, who oversaw Camp Fire settlement, sues Los Angeles Department of Water and Power over lack of water
San Francisco
Apr 23, 2025
Millrose pays $50M for 11-acre office campus in Bishop Ranch
Trumark plans to build 195 single-family homes and townhomes on site
Los Angeles
Apr 23, 2025
Trousdale Estates mid-century modern property with $26M ask tops LA contracts
Last week 18 properties went into contract, totaling $129M in asking volume
South Florida
Apr 23, 2025
Mocca sells Ponce-Davis spec mansion for $15M
Developer Alex Pirez bought 0.9-acre property for $2M in 2020, completed home this year
New York
Apr 23, 2025
Frank Lloyd Wright’s Plaza Hotel condo snags contract
Four-bedroom unit was listed for $19M
Los Angeles
Apr 23, 2025
Appeals court rejects Huntington Beach challenge to state housing blueprint
City vows to take matter to nation’s highest court
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San Francisco
Apr 23, 2025
Trump tariffs cast “cloud” over Bay Area’s commercial decision-makers
CRE leaders express concerns about impact on investment, development
San Francisco
Apr 23, 2025
Barry Swenson, builder of San Jose’s skyline, dies at 85
Swenson firm built or renovated many of city’s most famous buildings
South Florida
Apr 23, 2025
In $121M deal, Blackstone and Link sell another South Florida industrial portfolio
Ares Management picked up two facilities in Miramar and a warehouse in Dania Beach
Los Angeles
Apr 23, 2025
Jacmar Companies eyes Art Deco-style apartment tower in Santa Monica
Owner of Shakey’s Pizza plans to build 13-story, 100-unit highrise
Austin
Apr 23, 2025
Karlin to spend $20M on IBM lab build-out as tech downsizes
Big Blue leased 50K square feet of lab space ahead of its office move
San Francisco
Apr 23, 2025
Brewery takes 19K sf in long-vacant space in Mission Bay
San Francisco Brewing Co. to move into former home of Seven Stills
South Florida
Apr 23, 2025
Miami Beach moves forward with Meruelos', Terra’s controversial Deauville project
Land use changes, development and settlement agreements head to second reading vote May 21
Dallas
Apr 23, 2025
Deloitte’s $35M office buildout cements place among Y’all Street
Granite Properties’ 23Springs development slated for delivery this summer
Chicago
Apr 23, 2025
ZSD lines up $50M apartment plan for River North parking lot
Previous development proposals for the site failed to materialize
Nashville
Apr 23, 2025
Predators’ $1B arena redevelopment invites Lower Broadway
NHL team’s plans to build on energy of entertainment district
Austin
Apr 23, 2025
$142M affordable housing project aimed at teachers gains traction
NRP Group, Austin ISD partnering on 674-unit development
Houston
Apr 22, 2025
Brookfield plots master-planned community near suburban mall
Firm acquired Baybrook Mall when it bought GGP in 2018