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  1. Nine days in hell: Inside the lending crisis that rocked multifamily
  2. Meet the mysterious buyer of the Flatiron Building
  3. Garlick fails to cough up deposit for Flatiron Building 
  4. Ex-Signature Bank execs lose small fortune in collapse
  5. Wealth manager adds to waterfront assemblage with $49M purchase on Brickell Ave
Garlick fails to cough up deposit for Flatiron Building 
Commercial
New York
Mar 24, 2023

Garlick fails to cough up deposit for Flatiron Building 

Surprise bidder for NYC icon was required to hand over $19M by Friday; Gural says he will not exercise option to purchase

Brooklyn-based landlord accused of neglecting tenants nationwide
Residential
National
Mar 25, 2023

Brooklyn-based landlord accused of neglecting tenants nationwide

Abraham Wieder has three apartment complexes in Syracuse, Baton Rouge in foreclosure

Litigation was the name of the game in real estate
Politics
National
Mar 25, 2023

Litigation was the name of the game in real estate

The lawsuits were flying in New York, Los Angeles and Chicago

Lerner vs. Lerner: Father, son battle over $35M Fulton Market deal
Development
Chicago
Mar 23, 2023

Lerner vs. Lerner: Father, son battle over $35M Fulton Market deal

Player behind MCZ Development sued over deal involving @properties co-CEOs Wong and Golden

Namdar Realty linked to $27M purchase of two Trésor penthouses in Miami Beach
Residential
South Florida
Mar 24, 2023

Namdar Realty linked to $27M purchase of two Trésor penthouses in Miami Beach

Caryl Englander sold the side-by-side units for $18M under asking price, amid legal woes with estranged husband Izzy Englander

Bank Failures

all markets
Lawsuit claims Signature Bank employees kept jobs after fraud allegations 
Commercial
National
Mar 16, 2023

Lawsuit claims Signature Bank employees kept jobs after fraud allegations 

Former exec says she was wrongfully fired while bank protected male colleagues

Flight to safety pushes mortgage rates down, applications up
Residential
National
Mar 15, 2023

Flight to safety pushes mortgage rates down, applications up

7 percent increase in purchase loan requests

WATCH: Signature’s collapse: What we know so far 
Commercial
New York
Mar 14, 2023

WATCH: Signature’s collapse: What we know so far 

Fears of contagion, headaches related to accessing funds, letters of credit

New York

Bergen County proposal replaces housing with warehouses
Development
Tri-State
Mar 24, 2023

Bergen County proposal replaces housing with warehouses

S. Hekemian Group reduced 640-unit plan in Franklin Lakes 

Concord buys Cambria Chelsea hotel for $48M 
Commercial
New York
Mar 24, 2023

Concord buys Cambria Chelsea hotel for $48M 

Hospitality firm has managed property since 2015

David Duchovny sells UWS co-op for $6M
Residential
New York
Mar 24, 2023

David Duchovny sells UWS co-op for $6M

Actor listed 320 Central Park West unit for $7.5M in 2021

South Florida

Investors flip office building in Boca Raton’s Park at Broken Sound for $11M
Commercial
South Florida
Mar 24, 2023

Investors flip office building in Boca Raton’s Park at Broken Sound for $11M

Andrew and Corey Shader sold it for $800K more than their purchase price seven months ago

Bespoke Florida’s ex-prez seeks $1M-plus in allegedly unpaid commissions for Waldorf Astoria deals
Residential
South Florida
Mar 24, 2023

Bespoke Florida’s ex-prez seeks $1M-plus in allegedly unpaid commissions for Waldorf Astoria deals

Harlan Goldberg also alleges Bespoke discriminated against him and colleague Jarret Willis

Miami pandemic party house owner slapped with $230K fine
Residential
South Florida
Mar 23, 2023

Miami pandemic party house owner slapped with $230K fine

Entity managed by red light camera mogul John Petrozza allegedly operated illegal short-term rentals at his waterfront mansion in Belle Meade

Los Angeles

Why Bill Cooper believes in DTLA
Residential
Los Angeles
Mar 24, 2023

Why Bill Cooper believes in DTLA

TRD spoke with the veteran agent on the booms and busts of the neighborhood

No joke, Zeppo Marx’s former Beverly Hills property sells for $21M
Residential
Los Angeles
Mar 24, 2023

No joke, Zeppo Marx’s former Beverly Hills property sells for $21M

Buyer snags a piece of Tinsel Town history, sort of

Legacy Partners gets OK for 200-unit apartment complex in Torrance
Residential
Los Angeles
Mar 24, 2023

Legacy Partners gets OK for 200-unit apartment complex in Torrance

Bay Area developer beat back a union appeal to win project approval

San Francisco

Redco Development, AEW Capital walk away from SF’s First National Bank building
Commercial
San Francisco
Mar 24, 2023

Redco Development, AEW Capital walk away from SF’s First National Bank building

Office vacancy IN city has reached almost 28%, rents down 15%

Giants, Tishman nearly ready for opening day at  Mission Rock
Development
San Francisco
Mar 24, 2023

Giants, Tishman nearly ready for opening day at  Mission Rock

First residential towers lead off, with Visa HQ on deck

SF officials deem skyscraper safe after storms pop Downtown windows
Commercial
San Francisco
Mar 24, 2023

SF officials deem skyscraper safe after storms pop Downtown windows

Supervisors to hold hearing with aim to upgrade building codes

NYC Real Estate Forum 2023
,
May
04

NYC Real Estate Forum 2023

New York Pavillion

Chicago

Sterling Bay execs donate to Vallas
Politics
Chicago
Mar 24, 2023

Sterling Bay execs donate to Vallas

Former Chicago Public Schools head best positioned to lead city, CEO Andy Gloor says

Zuckerberg, Chan lease Trammell Crow’s Fulton Market lab
Commercial
Chicago
Mar 24, 2023

Zuckerberg, Chan lease Trammell Crow’s Fulton Market lab

Couple has committed $250M to Chicago biotech research

Keller Williams violated franchise agreement, lawsuit alleges
Residential
Chicago
Mar 24, 2023

Keller Williams violated franchise agreement, lawsuit alleges

An Illinois-based franchise is seeking damages from the Texas brokerage

Texas

Video game maker takes 30K sf in Fort Worth
Commercial
Dallas
Mar 24, 2023

Video game maker takes 30K sf in Fort Worth

City Council provides $1.5M worth of incentives to land Seattle-based outfit

Larkspur to start $160M apartments in Dallas 
Residential
Dallas
Mar 24, 2023

Larkspur to start $160M apartments in Dallas 

Local developer plans seven-story, 240-unit complex in Deep Ellum

Build Senior Living expands in Fort Worth 
Residential
Dallas
Mar 23, 2023

Build Senior Living expands in Fort Worth 

Michigan-based assisted living developer brings $14M project to DFW

Residential

all markets
Paparazzi couple can’t hide sale of pricey home
Residential
Los Angeles
Mar 24, 2023

Paparazzi couple can’t hide sale of pricey home

Off-market sale of Pacific Palisades home owned by owners of X17 gossip site trades for $22M

Cheers! Napa winemaker buys Estates at Acqualina condo in Sunny Isles
Residential
South Florida
Mar 24, 2023

Cheers! Napa winemaker buys Estates at Acqualina condo in Sunny Isles

Neil and Evan Ellman bought a unit in project’s newly completed north tower

Fremont to let market-rate developers defer impact fees
Residential
San Francisco
Mar 24, 2023

Fremont to let market-rate developers defer impact fees

East Bay city plans to reinstate program on multifamily projects

The Real Deal’s Podcast

Deconstruct

The Real Deal’s Isabella Farr and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.

Commercial

all markets
Oakland investor files for bankruptcy on Berkeley apartment complex
Commercial
San Francisco
Mar 24, 2023

Oakland investor files for bankruptcy on Berkeley apartment complex

Golden Village Apartments had $47M worth of loans on the property

Fifield, PGIM score $67M construction loan for Wynwood apartments
Development
South Florida
Mar 24, 2023

Fifield, PGIM score $67M construction loan for Wynwood apartments

Eight-story building will be built near FECR tracks

Meta, Salesforce shedding huge chunks of office space
Commercial
Chicago
Mar 24, 2023

Meta, Salesforce shedding huge chunks of office space

Tech giants subleasing a combined 240K sf amid company layoffs

Development

all markets
Giants, Tishman nearly ready for opening day at  Mission Rock
Development
San Francisco
Mar 24, 2023

Giants, Tishman nearly ready for opening day at  Mission Rock

First residential towers lead off, with Visa HQ on deck

Larkspur to start $160M apartments in Dallas 
Residential
Dallas
Mar 24, 2023

Larkspur to start $160M apartments in Dallas 

Local developer plans seven-story, 240-unit complex in Deep Ellum

Sam Boymelgreen wins $36M judgment in sublease saga
Development
New York
Mar 23, 2023

Sam Boymelgreen wins $36M judgment in sublease saga

Developer's eight-year battle over WeWork deal ends in triumph