MAP: The Alexander family’s multimillion-dollar assets caught up in the brothers’ bids for bail
Properties, wealth that propped up jet-setting image complicate pleas for house arrest
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Development
National
Bill Ackman offers $1B buyout of Howard Hughes
Pershing Square Capital Management pushing for merger
Residential
Los Angeles
Private firefighters guard Rick Caruso’s Brentwood home from flames
Five firms among those hired by affluent Angelenos to protect their property
Commercial
New York
Brooklyn real estate investor Mendel Steiner dies
Steiner amassed a large multifamily portfolio across the country
Commercial
New York
Mark Nussbaum refuses to hand over escrow money, lawsuit claims
Attorney who plays unusual role in Lakewood, NJ real estate hit with two lawsuits for his escrow account business
Residential
South Florida
Mike Tyson buys lakefront spec mansion in Delray Beach
12K sf home sits on nearly 3-acre lot with a pool, gym and spa
Residential
Los Angeles
“Disaster capitalism”: As LA fires rage, vultures circle the ashes
Social media users report cash offers for homesites from opportunistic investors
Residential
Los Angeles
Supply-demand imbalance from fires stokes LA rent price-gouging
Agents for luxury homes report generosity by some owners, money-grubbing by others
Commercial
Los Angeles
CRE assets exposed to LA wildfires worth at least $2.6B
CMBS loans tied to more than 150 assets, mostly apartments, as flames continue their march
Jan 14, 2025
David Werner snags Durst’s 675 Third for $100M
Investor eyes conversion of 340K-sf office to residential
Jan 14, 2025
Blackstone eyes foreclosure of Fordham Landing site
Lenders say Dynamic Star, Namdar defaulted on $55M loan
Jan 14, 2025
Ann Taylor parent adds 55K sf at BXP’s 7 Times Square
CRE comeback gains momentum as KnitWell Group expands to 246K sf on 20-year lease
Jan 14, 2025
Hochul pitches housing fund but doesn’t require more construction
Governor’s annual address pitched easing environmental review restrictions
Jan 14, 2025
George Comfort eyes $400M valuation for 63 Madison office
Building is still about 25% vacant after large American Eagle lease
Jan 14, 2025
Brooklyn luxury contracts notch banner January week
Borough saw second highest total for winter month with 17 signed deals
Jan 14, 2025
Mike Tyson buys lakefront spec mansion in Delray Beach
12K sf home sits on nearly 3-acre lot with a pool, gym and spa
Jan 14, 2025
Office bargain: Foundry sells Sunrise building for $37M — 36% discount from purchase price seven years ago
Accesso Partners bought the property, as some of its Chicago investments unravel
Jan 14, 2025
Billionaire Bill Malhotra’s Claridge Homes launches sales for luxury condos in Pompano Beach
Ocean580 will have 10 stories, 17 units with prices starting at $4.7M
Jan 14, 2025
BDT & MSD proposes 60-unit project at Boca Raton Resort, amid South Florida luxury condo frenzy
Eight-story building planned for 337-acre property
Jan 14, 2025
Financiers sell waterfront Palm Beach house for $25M
Richard and Cornelia Thornburgh bought home for $9M in 2014
Jan 14, 2025
Mr. C Residences closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.2M to $8.6M
Jan 14, 2025
Signed luxury home contracts grind to a halt in LA’s fire zones
Report offers first sign of wildfires’ impact on residential dealmaking
Jan 14, 2025
Win.IT America to occupy new 607K sf warehouse in City of Industry
Billionaire Ed Roski’s Majestic Realty leases spec building at Grand Crossing South
Jan 14, 2025
Atlas Capital looks to build 1,000 apartments at Row DTLA
Two eight-story buildings would replace parking lots at 32-acre office and retail campus
Jan 14, 2025
Mayor Bass’ new executive order aims to streamline rebuilding LA
New rules require city to review projects in 30 days, waive discretionary hearings
Jan 13, 2025
Jason Oppenheim, Ben Belack lead call to loosen regulations in fire rebuild efforts
Letter from more than 45 agents seeks relief from Measure ULA, Wildlife Ordinance and other regs that could restrict recovery
Jan 13, 2025
Gaines pays $42M for office building with 16 stories in Irvine
La Jolla investor pays $135 psf to CBRE for property leased by Zillow and Jacobs
Jan 14, 2025
Bay Area brokerage goes independent again after Compass acquisition
Firm is now the biggest independent in NorCal, with $5.5B in annual sales.
Jan 14, 2025
Related sells $11M penthouse at The Avery in SF’s East Cut
Half-floor condo sale represents Downtown’s priciest trade since 2022
Jan 14, 2025
Flynn in huddle to buy $417M loan linked to former Chevron HQ in SF
Investor could take control of SoMa office campus previously owned by Paramount Group
Jan 14, 2025
Portsmouth Square marks second default on $117M debt for SF hotel
Owner of 544-room Hilton San Francisco Financial District will “endeavor to refinance”
Jan 14, 2025
Aralon picks up industrial building in SF’s Showplace Square for $12M
Developer buys 72K sf building for $160 psf after Swift Real Estate failed to pay loan
Jan 13, 2025
Sellers sue for tax refund after SF building trades for $26M over market value
Josh and Daniel Sabah demand $1.6M back from city for unique deal in Jackson Square
Jan 14, 2025
Rialto strikes suburban Chicago office owner with big foreclosure
Low-key landlord in Downers Grove defaulted on $45M loan after Advocate Health Care’s exit left building 14% occupied
Jan 14, 2025
Talk of world's tallest teardown surrounds Murphy’s Loop office deal
Murphy Development Group, InSite Real Estate are under contract to buy 311 South Wacker for just $70 million
Jan 14, 2025
WP Carey lists antique office building it once tried to expand
Downturn in office market left full vacancy at 550 West Randolph
Jan 13, 2025
Feil hit with $105M foreclosure lawsuit over Chicago office tower
Unpaid mechanics liens triggered response from Rialto, Wilmington Trust
Jan 14, 2025
Suburb in talks to sell Rosemont Theatre to entertainment group
Previous proposals have called for tearing down struggling venue built in 1995
Jan 13, 2025
Bridge Investment Group bags $7M in affordable housing sale
Turner Impact Capital bought Far Southwest Side apartments for $57M
Jan 14, 2025
Real Estate proposals to watch in this year’s Texas Legislature
Biennial legislative session opens today, with proposals on property taxes, price disclosure, foreign buyers and corporate landlords
Dallas
Jan 10, 2025
Benefit Street Partners takes Tides asset in $61M credit bid
Another foreclosure for troubled syndicator
San Antonio
Jan 14, 2025
The Agency opens fifth office in Texas amid luxury market growth
San Antonio location will be led by Miguel Herrera
Dallas
Jan 9, 2025
Harwood International scores recapitalization deal for Uptown HQ
Saint Ann Court was scheduled to be sold at foreclosure after $138M default
Fort Worth
Jan 14, 2025
Royal Capital Group’s Historic Southside vision comes to light
Partnering with City of Fort Worth to develop townhomes, apartments in historically Black Evans and Rosedale Urban Village
San Antonio
Jan 14, 2025
Austin firm picks up office asset amid KBS liquidation
SynerMark Properties bought 10-story Fountainhead Tower
Jan 13, 2025
SCOTUS declines to hear NAR’s petition
Death knell to appeal over DOJ investigation comes after years of trade group’s claims
Atlanta
Jan 13, 2025
Higher incomes improving home affordability for first time in years
Atlanta residents are making more money, making housing slightly more affordable
Jan 13, 2025
Bill Ackman offers $1B buyout of Howard Hughes
Pershing Square Capital Management pushing for merger
Jan 9, 2025
Disaster zone: The insurance industry crisis and real estate
Catastrophes like California fires add urgency to rising costs and declining availability
Nashville
Jan 14, 2025
Copious development urged to cover predicted housing shortage
Trends suggest city is on track for a 20,000-unit shortage in 10 years
Jan 14, 2025
Top Agent Network’s lawsuit against NAR dismissed for second time
Unclear if money changed hands as two sides settle
San Francisco
Jan 14, 2025
Bay Area brokerage goes independent again after Compass acquisition
Firm is now the biggest independent in NorCal, with $5.5B in annual sales.
National
Jan 14, 2025
Top Agent Network’s lawsuit against NAR dismissed for second time
Unclear if money changed hands as two sides settle
South Florida
Jan 14, 2025
Billionaire Bill Malhotra’s Claridge Homes launches sales for luxury condos in Pompano Beach
Ocean580 will have 10 stories, 17 units with prices starting at $4.7M
Los Angeles
Jan 14, 2025
Signed luxury home contracts grind to a halt in LA’s fire zones
Report offers first sign of wildfires’ impact on residential dealmaking
South Florida
Jan 14, 2025
Financiers sell waterfront Palm Beach house for $25M
Richard and Cornelia Thornburgh bought home for $9M in 2014
San Antonio
Jan 14, 2025
The Agency opens fifth office in Texas amid luxury market growth
San Antonio location will be led by Miguel Herrera
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Chicago
Jan 14, 2025
WP Carey lists antique office building it once tried to expand
Downturn in office market left full vacancy at 550 West Randolph
San Francisco
Jan 14, 2025
Portsmouth Square marks second default on $117M debt for SF hotel
Owner of 544-room Hilton San Francisco Financial District will “endeavor to refinance”
San Antonio
Jan 14, 2025
Austin firm picks up office asset amid KBS liquidation
SynerMark Properties bought 10-story Fountainhead Tower
Chicago
Jan 14, 2025
Suburb in talks to sell Rosemont Theatre to entertainment group
Previous proposals have called for tearing down struggling venue built in 1995
San Francisco
Jan 14, 2025
Flynn in huddle to buy $417M loan linked to former Chevron HQ in SF
Investor could take control of SoMa office campus previously owned by Paramount Group
New York
Jan 14, 2025
David Werner snags Durst’s 675 Third for $100M
Investor eyes conversion of 340K-sf office to residential
Nashville
Jan 14, 2025
Copious development urged to cover predicted housing shortage
Trends suggest city is on track for a 20,000-unit shortage in 10 years
Fort Worth
Jan 14, 2025
Royal Capital Group’s Historic Southside vision comes to light
Partnering with City of Fort Worth to develop townhomes, apartments in historically Black Evans and Rosedale Urban Village
Texas
Jan 14, 2025
Tellus Group stakes $1.5B on fast-growing suburb Anna
Bought 970 acres, partnering with Sherley Partners, Caravel Ventures, Sumitomo Forestry
Texas
Jan 14, 2025
Real Estate proposals to watch in this year’s Texas Legislature
Biennial legislative session opens today, with proposals on property taxes, price disclosure, foreign buyers and corporate landlords
South Florida
Jan 14, 2025
BDT & MSD proposes 60-unit project at Boca Raton Resort, amid South Florida luxury condo frenzy
Eight-story building planned for 337-acre property
South Florida
Jan 13, 2025
Consultant alleges Michael Stern’s partner Gianluca Vacchi owes $1.7M in fees tied to condo developments
Naples-based firm is suing Vacchi’s GV Development Group over allegedly unpaid work evaluating three projects, including planned Mercedes-Benz and Dolce & Gabbana towers