Compass is acquiring @properties, Christie’s International Real Estate in $444M deal
Firm expected to pay $150M, 44M shares for affiliates, title and mortgage businesses
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Residential
New York
Brooklyn real estate player convicted in fraud scheme
Avraham Tarshish faces up to 30 years in prison for short sale mortgage fraud
Commercial
South Florida
Simon, Brookfield face tough road ahead for their South Florida zombie malls
Owners of Miami International Mall and Pembroke Lakes Mall could have difficulty refinancing nine-figure loans on both properties
Politics
National
Charlie Kushner selected as ambassador to France
Family patriarch gets nod to post after being pardoned by president in 2020
Development
National
Star athletes seize real estate opportunities in 2024
Floyd Mayweather Jr., Manu Ginobili among those playing in new arena
Commercial
New York
Ahead of Black Friday, investors picked up Manhattan retail
Blackstone makes $200M Soho play, tenants become landlords and occupancy hits a record
Commercial
New York
Lender goes after Tides’ Kia, Andrade personally for millions of dollars
Acres Capital claims foreclosure sale failed to cover balance of $33M loan
Commercial
National
Nightingale’s Elie Schwartz to face federal criminal charges
CEO accused of misappropriating $54M from crowdfunding investors has day in court
Residential
South Florida
OKO Group’s Vanessa Grout lists waterfront Miami Beach home
Grout paid $2.7M for the property in 2016; now asking nearly $10M
Dec 2, 2024
Strategy at 175 Water: Offer deep discounts to lure trendy tenants
Opaque ownership attracting fashion and arts tenants with short-term deals
Dec 2, 2024
Bushburg, Moinian land $140M refi for conversion of Brooklyn dairy plant
Loan from MF1 for 320-unit mixed-use project in East New York
Dec 2, 2024
Manhattan office leasing activity exceeds 30M sf for first time since 2019
Massive WeWork-Amazon lease at Vornado’s 330 West 34th Street boosts market
Dec 2, 2024
Force Majora: For trying to save South Bronx, Carter was deemed “sellout”
TRD Salon Series speaker to tell her intriguing, infuriating story
Dec 2, 2024
Rupert Murdoch finds penthouse buyer at steep discount
Fox News titan lost nearly $20M from its 2014 purchase price
Dec 2, 2024
Extell’s Lincoln Square condo tops Manhattan’s luxury contracts
Unit 52E at 50 West 66th Street last asked $55M
Dec 2, 2024
Florida's biggest HOA scam was a family affair
Spouses, an uncle, a cousin and other relatives have been tied to board members facing criminal charges
Dec 2, 2024
Simon, Brookfield face tough road ahead for their South Florida zombie malls
Owners of Miami International Mall and Pembroke Lakes Mall could have difficulty refinancing nine-figure loans on both properties
Dec 2, 2024
Brickell condo board president ousted after passing $21M assessment
Florida’s Department of Business and Professional Regulation had two people oversee the Miami association’s election
Dec 2, 2024
Founder of British retail giant Matalan sells pair of waterfront Boca Raton homes $23M
John Hargreaves provided $13.8M in seller financing
Dec 2, 2024
Pro baseball player finds buyer for Hialeah Gardens home
Pending sale of Yoán Moncada’s house is one of 13 resi contracts inked during Thanksgiving week in Miami-Dade
Dec 2, 2024
Lease roundup: Inter Miami opens store at Miami International Airport
Also, UBS will move its Coral Gables office
Dec 2, 2024
Norwalk gives nod to 32-acre transit housing village
City to acquire former youth jail and replace it with 770 apartments and townhomes
Dec 2, 2024
Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project
Two warehouses will rise at Bake Freeway Business Park in Irvine
Dec 2, 2024
Diico Properties plans hotel-apartment complex in Santa Monica
Builder’s remedy project with eight stories to include 40-room hotel and 50 units
Dec 2, 2024
Newmark hires two multifamily debt experts in Orange County
Brokerage taps Vince Punzi and Lowell Takahashi as executive managing directors
Dec 2, 2024
Thanks, Jerry: Meet the LA landlord who helped defeat the county's progressive DA
How major multifamily owner Gerald Marcil helped engineer the election of a moderate prosecutor,
Nov 30, 2024
LA’s luxury interiors look to nix the pure white box
Designer Elliot March pushes back against the “generic” trend in luxury interiors, lays out what’s next
Dec 2, 2024
Architect sells “modern-day farmhouse” in Hillsborough for $19M
1950 home rebuilt by Michael Kao represents a “riskier” high-end spec project
Dec 2, 2024
Ross Dress for Less renews flagship lease, expands in San Francisco
Discount clothier inks 10-year deal as building goes on the market for $50M
Dec 2, 2024
Z&L Properties defaults on $20M loan for project site in San Jose
Developer Chris Jiashu Xu buys the debt and could seize 1.6-acre former bus terminal
Nov 27, 2024
DeNova Homes looks to build 135 “entry-level” houses in Antioch
17-acre project features layout designed for “families with younger children”
Dec 2, 2024
Teeny tiny retail tenants are healing San Francisco's downtown blight
A matchmaker program, Vacant to Vibrant, expands in struggling downtowns
Nov 27, 2024
Sobrato chairman sells Los Gatos home for $6M
Developer John Sobrato, co-owner of the NFL’s 49ers, trades residence on corner lot
Dec 2, 2024
Ranking Chicago’s top brokers of 2024
Matt Laricy of Americorp Real Estate claims No. 1 spot this year
Dec 2, 2024
Blackstone faces foreclosure on $275M hotel portfolio
Bondholders closing in on assets in Chicago, San Francisco, Boston, Philadelphia
Dec 2, 2024
Anti-gentrification ordinance could be pushed to next year
Tenants’ right of first refusal could start March 1; council to consider turning it into pilot program through 2029
Dec 2, 2024
Real estate factors in Madigan corruption trial
Industry looms large as ex-alderman and zoning chair Daniel Solis delivers shocking testimony in Chicago courtroom
Dec 2, 2024
Legal & General eyes PGIM’s apartment tower in hot West Loop
Acquisition of 350-unit asset would give London-based firm a flagship in one of Chicago’s most sought-after neighborhoods
Dec 2, 2024
Affordable Uptown apartments head to auction over $2M default
Mercy Community Capital tried to find buyer; distress sale could mean loss of affordable units where luxury is increasingly desired
Dec 2, 2024
These are Dallas’ top resi brokers
Top players bank on city’s enduring appeal, despite changing market
Fort Worth
Nov 26, 2024
Wilks Development snaps up landmark Fort Worth office property
New owner already signed leases bringing occupancy up from 68% to 85%
Dallas
Nov 25, 2024
Texan Scott Turner scores as Trump’s HUD pick
Former NFLer’s resume includes experience on Opportunity Zones
Austin
Dec 2, 2024
AEW Capital scoops H-E-B-anchored strip in high-growth Leander
Boston-based firm secured $28M loan for the purchase
Dallas
Dec 2, 2024
Pillar erases debt on Richardson office with all-cash recap deal
Borrowed $14.5M to buy Collins Square in 2014
Houston
Dec 2, 2024
Rooftops follow Fidelis’ H-E-B-anchored retail center
Partnering with Cresset Real Estate Partners on apartments in Montgomery County
Dec 2, 2024
Compass is acquiring @properties, Christie’s International Real Estate in $444M deal
Firm expected to pay $150M, 44M shares for affiliates, title and mortgage businesses
Nov 30, 2024
Charlie Kushner selected as ambassador to France
Family patriarch gets nod to post after being pardoned by president in 2020
Nov 27, 2024
Nightingale’s Elie Schwartz to face federal criminal charges
CEO accused of misappropriating $54M from crowdfunding investors has day in court
Nov 30, 2024
Star athletes seize real estate opportunities in 2024
Floyd Mayweather Jr., Manu Ginobili among those playing in new arena
Dec 2, 2024
Greystar opens its first modular complex in Pennsylvania
Apartment giant debuts 312 units built with alternative construction
Las Vegas
Dec 2, 2024
Investors buy up houses in Las Vegas with $1B summer shopping spree
Desert city leads the nation in company purchases, which rose 28% last quarter
Los Angeles
Dec 2, 2024
Diico Properties plans hotel-apartment complex in Santa Monica
Builder’s remedy project with eight stories to include 40-room hotel and 50 units
Chicago
Dec 2, 2024
Affordable Uptown apartments head to auction over $2M default
Mercy Community Capital tried to find buyer; distress sale could mean loss of affordable units where luxury is increasingly desired
San Francisco
Dec 2, 2024
Architect sells “modern-day farmhouse” in Hillsborough for $19M
1950 home rebuilt by Michael Kao represents a “riskier” high-end spec project
New York
Dec 2, 2024
Rupert Murdoch finds penthouse buyer at steep discount
Fox News titan lost nearly $20M from its 2014 purchase price
South Florida
Dec 2, 2024
Founder of British retail giant Matalan sells pair of waterfront Boca Raton homes $23M
John Hargreaves provided $13.8M in seller financing
San Francisco
Dec 2, 2024
Z&L Properties defaults on $20M loan for project site in San Jose
Developer Chris Jiashu Xu buys the debt and could seize 1.6-acre former bus terminal
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Chicago
Dec 2, 2024
Legal & General eyes PGIM’s apartment tower in hot West Loop
Acquisition of 350-unit asset would give London-based firm a flagship in one of Chicago’s most sought-after neighborhoods
Dallas
Dec 2, 2024
Pillar erases debt on Richardson office with all-cash recap deal
Borrowed $14.5M to buy Collins Square in 2014
New York
Dec 2, 2024
Bushburg, Moinian land $140M refi for conversion of Brooklyn dairy plant
Loan from MF1 for 320-unit mixed-use project in East New York
South Florida
Dec 2, 2024
Brickell condo board president ousted after passing $21M assessment
Florida’s Department of Business and Professional Regulation had two people oversee the Miami association’s election
Houston
Dec 2, 2024
Five Big Lots leases heading to auction this month
Discount retailer’s bankruptcy led to store closures, waves of lease offerings
Austin
Dec 2, 2024
AEW Capital scoops H-E-B-anchored strip in high-growth Leander
Boston-based firm secured $28M loan for the purchase
Houston
Dec 2, 2024
Rooftops follow Fidelis’ H-E-B-anchored retail center
Partnering with Cresset Real Estate Partners on apartments in Montgomery County
Los Angeles
Dec 2, 2024
Norwalk gives nod to 32-acre transit housing village
City to acquire former youth jail and replace it with 770 apartments and townhomes
Los Angeles
Dec 2, 2024
Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project
Two warehouses will rise at Bake Freeway Business Park in Irvine
Austin
Dec 2, 2024
Westbrook Metals moves near airport, leaving North Austin site
Company hasn’t decided if it will sell facility in rapidly developing North Austin
New York
Dec 2, 2024
Alchemy-ABR plots UES residential development
Proposed 28-story project to include 86 residential units
Fort Worth
Dec 2, 2024
Local developer buys Kimbell Milling Company, saving it from demolition
Sale comes after city approved 6-month demo delay in July