No prison for Boruch Drillman in mortgage fraud scheme
Judge hands out five years probation because of Drillman's cooperation
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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
Commercial
New York
Related making moves at Hudson Yards
Plus, Edmond M. Safra’s money, RXR’s Madison Ave play and more New York City real estate news from this week
Residential
New York
Does NYC’s broker fee ban affect luxury rentals?
Agents share their takes on the FARE Act, the Alexanders appear in court & more in notes from a resi reporter
Politics
National
NYC’s rental market braces for impact as FARE Act takes effect
The Alexander brothers face another charge, Steve Ross lands massive financing, a new brokerage emerges in LA and more national real estate news from this week
Commercial
Chicago
Competing lawsuits weigh on large South Side portfolio
Plus, NorthPoint makes massive industrial deal, Fern Hill courts investors for entitled South Loop development site and more Chicagoland real estate news this week
Politics
Chicago
Prison time for Michael Madigan, once Illinois’ most powerful politician
Slapped with seven years behind bars for leveraging public office to steer work to his real estate law firm
Jun 16, 2025
Tom Clancy’s widow buys $21M Tribeca triplex penthouse
Alexandra Clancy scored one of the last available units at Elad Group’s 108 Leonard Street
Jun 16, 2025
No prison for Boruch Drillman in mortgage fraud scheme
Judge hands out five years probation because of Drillman's cooperation
Jun 16, 2025
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.
Jun 16, 2025
A stunning take-down of Hochul’s rental-conversion law
Even lawyers poised to earn fees from AHRA blast its shortcomings
Jun 16, 2025
Wilf family closes on $38M sale of Midtown mansion
Interlaken Capital purchased Skyline Developers’ 9-11 West 54th Street
Jun 16, 2025
Tribeca penthouse sells 10 years after condo’s sales launch
Buyer signs contract for PH2 at 111 Murray Street, asking $34M
Jun 16, 2025
How South Florida builders are prepping for hurricane season
Insurance, planning and projectiles are top of mind for industry players
Jun 16, 2025
Gaming streamer pays record $26M for 10-acre Davie estate
Sellers paid just $775K for the undeveloped property in 2009
Jun 16, 2025
Griffis buys 223-unit apartment tower in downtown West Palm for $87M
Woodfield Development, Northwestern Mutual Life Insurance sell 223-unit building
Jun 16, 2025
Lease roundup: Alo Yoga opening in Brickell, SoleFly, Japanese pancakes café on tap in Doral
Also, a Pilates studio is expanding to Coral Gables
Jun 16, 2025
Melo plans 1,600 resi units in two Edgewater projects, Bazbaz proposes its second Miami Live Local Act tower
A city development review board will vote on the applications at its Wednesday meeting
Jun 16, 2025
Real estate investor finds buyer for $47M Gables Estates mansion
Buyers signed 25 contracts for luxury properties asking a combined $275M
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Jun 16, 2025
Santa Monica Clock Tower’s loan lands in special servicing
Rockwood Capital’s building has had plummeting occupancy for years
Jun 16, 2025
LeBron James’ Beverly Hills mansion takes shape after demolition of $37M home
Lakers legend acquired home in 2020 from TV pioneer
Jun 16, 2025
Milwaukee Brewers co-owner slashes LA manse price again — this time by $10M
Financier Robert Beyer now asking $55M for 20K sf Brentwood estate
Jun 14, 2025
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 16, 2025
Valley Village mixed-use development gets go-ahead from city
219 market-rate, affordable apartments to rise north of 101 Freeway
Jun 14, 2025
AG sues SoCal real estate family, claims landlord exploits tenants
Plus, Tesla-occupied property sells for $21M, Costco expands OC presence, and more SoCal commercial real estate news this week
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 16, 2025
Colorado firm’s all-cash bargain hunt targets Loop office tower
Beacon slated to trade 190 South LaSalle at discount
Jun 16, 2025
Private tunnel, “wellness wing” mark North Shore ultraluxury listing
Sellers knocked down house next door for beachfront suite, Illinois’ second-priciest listing
Jun 16, 2025
Equus listing tests market for healthy suburban office assets
Distress stories have dominated CRE, but the i-sales market for highly leased buildings is less in focus
Jun 13, 2025
Texas firm notches another Chicago multifamily purchase
Exposition Residential bought complex 97% leased amid strong rent growth in Midwestern cities, especially compared to the Sun Belt
Jun 13, 2025
Demo request triggers landmark status for 1870s Streeterville building
Erie Street Row’s owners wanted to sell, can’t afford repairs
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
Jun 16, 2025
OpenAI ramps up SF office search as Glean grabs 30K sf sublease
CBRE predicts AI could cut city’s office vacancy in half by 2030
Jun 13, 2025
Disgraced Caltrain employees get jail time for secret apartment scheme
Burlingame, Millbrae abodes went undetected for years
Jun 16, 2025
Ex-Google CEO Eric Schmidt drops $24M on luxe SF apartment
Pacific Heights abode previously sold for $34M before extensive renovations
Jun 15, 2025
The surprising neighborhood that leads SF’s single-family-home sales
Plus Zillow to ban some private listings, Walmart expands in Sunnyvale and more Bay Area real estate news
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
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 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 13, 2025
Texas lawmakers pushed YIMBY policies in addressing housing shortage
Shortfall grew to 319,000 homes; new laws reined in local regulations
Dallas
Jun 16, 2025
At Home cites tariff strain, vows to stay open amid $2B bankruptcy
Other big-box stores left massive spaces to backfill
Austin
Jun 16, 2025
Big tech created big subleases in trophy office buildings
Meta, Google, didn’t occupy most of their pandemic-era leasing commitments
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
Washington D.C.
Jun 16, 2025
Henderson Park, Lowe score $180M loan for DC conversion
Deutsche Bank led debt package for 428-unit project
Denver
Jun 16, 2025
Denver Broncos fuel new stadium talks by grabbing $142M in land
58-acre train yard has been rumored as site of team’s new home
Los Angeles
Jun 16, 2025
Valley Village mixed-use development gets go-ahead from city
219 market-rate, affordable apartments to rise north of 101 Freeway
San Francisco
Jun 16, 2025
Millennium Tower apartment values continue to plummet since foundation fixes
HOA board president blames “negative press” around structural issues
New York
Jun 16, 2025
Tom Clancy’s widow buys $21M Tribeca triplex penthouse
Alexandra Clancy scored one of the last available units at Elad Group’s 108 Leonard Street
New York
Jun 16, 2025
Wilf family closes on $38M sale of Midtown mansion
Interlaken Capital purchased Skyline Developers’ 9-11 West 54th Street
South Florida
Jun 16, 2025
Real estate investor finds buyer for $47M Gables Estates mansion
Buyers signed 25 contracts for luxury properties asking a combined $275M
South Florida
Jun 16, 2025
Gaming streamer pays record $26M for 10-acre Davie estate
Sellers paid just $775K for the undeveloped property in 2009
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Chicago
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
Los Angeles
Jun 16, 2025
Santa Monica Clock Tower’s loan lands in special servicing
Rockwood Capital’s building has had plummeting occupancy for years
Chicago
Jun 16, 2025
Equus listing tests market for healthy suburban office assets
Distress stories have dominated CRE, but the i-sales market for highly leased buildings is less in focus
Dallas
Jun 16, 2025
At Home cites tariff strain, vows to stay open amid $2B bankruptcy
Other big-box stores left massive spaces to backfill
Austin
Jun 16, 2025
Big tech created big subleases in trophy office buildings
Meta, Google, didn’t occupy most of their pandemic-era leasing commitments
South Florida
Jun 16, 2025
Griffis buys 223-unit apartment tower in downtown West Palm for $87M
Woodfield Development, Northwestern Mutual Life Insurance sell 223-unit building
South Florida
Jun 16, 2025
Melo plans 1,600 resi units in two Edgewater projects, 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
San Francisco
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
South Florida
Jun 16, 2025
Movers & Shakers: Bainbridge Companies taps facilities VP
Plus: Alexander Goshen adds COO, VP
Texas
Jun 14, 2025
Thakkar hits distress on $35M loan, Nitya secures $700M CMBS lifeline
Plus, Hines offloaded a luxury apartment tower; a progressive mayor was elected in San Antonio and more Texas real estate news
Nashville
Jun 13, 2025
Vanderbilt seeks developers for Midtown innovation district
University’s mixed-use plans drew inspiration from projects like Cornell Tech in New York and Harvard’s Allston campus