CommercialNew YorkSuspect in CEO’s murder hails from real estate familyLuigi Mangione’s family owns Maryland golf resort, club, nursing homes
CommercialChicagoLG Group’s office-to-resi redevelopment on shaky groundLoan troubles of a pre-pandemic project show conversion pitfalls
ResidentialNationalBreaking down Compass’ industry-shaking deal for @propertiesChicago-grown brokerage takes 44M shares as resi giant eyes international, affiliate expansion
CommercialNew YorkSL Green refinances 100 Park, agrees to buy partner’s interest Office landlord recently signed 220K sf lease at property
PoliticsNew YorkCity of Yes vote emboldens City Council challenger in ManhattanJess Coleman announces bid for Council member Chris Marte’s seat
CommercialHoustonAli Choudhri accused of squatting at Houston office buildingNational Bank of Kuwait first tried foreclosing on property in 2021
MagazineSouth FloridaFlorida's biggest HOA scam was a family affairSpouses, an uncle, a cousin and other relatives have been tied to board members facing criminal charges
CommercialNationalSuburban hell: Biggest CMBS office loan in special servicing is $1.2BWorkspace Property Trust’s huge bet going bad
CommercialChicagoBruce Stern served second dose of distress at suburban office campusMore than $32M in debt fell into default in Lombard as joint venture of Red River and Lincoln Property Co took hit
CommercialSouth FloridaJeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & SpaFinancing provided by Goldman Sachs and J.P. Morgan, which also provided new $1.2B loan for Fontainebleau Miami Beach
MagazineNew YorkFloyd “Money” Mayweather knocks out Manhattan — and goes back for moreAn analysis of Floyd Mayweather Jr.’s real estate investment strategy
Dec 10, 2024More trouble for Boruch Drillman Miami judge says mortgage fraudster owes $2M on unpaid note
Dec 9, 2024Suspect in CEO’s murder hails from real estate familyLuigi Mangione’s family owns Maryland golf resort, club, nursing homes
Dec 10, 2024Flipped Brooklyn Heights townhouse scores top luxury contractBoutique developer Eckstrom sought $15.5M for renovated home
Dec 10, 2024The Daily Dirt: The “scramble” for J-51City Council revives tax break for multifamily renovations, but is it worth using?
Dec 9, 2024Silverstein bags big grocer lease at River PlaceLincoln Market takes 36K sf in Hell’s Kitchen
Dec 9, 2024Victor Sigoura files plans for West Chelsea siteLegion Investment Group eyes 75 units on undeveloped waterfront parcel
Dec 9, 2024Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & SpaFinancing provided by Goldman Sachs and J.P. Morgan, which also provided new $1.2B loan for Fontainebleau Miami Beach
Dec 9, 2024Coconut Grove PH asking $25M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel Dollar volume rose, while the number of pending deals fell compared to the previous week
Dec 9, 2024Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell Also, Japanese restaurant Nami Nori will open its first outpost outside New York and New Jersey in the Miami Design District
Dec 9, 2024Movers & Shakers: Whole Foods VP Brian Maloney joins Ram RealtyPlus: David Pulley jumps from Elliman to the Agency
Dec 10, 2024One Thousand Group pays $53M for dev site in Miami’s EdgewaterFormer gas station site to become mixed-use branded condo tower
Dec 9, 2024Palm Beach County condo sales dollar volume drops in November to $177MNumber of closings fell to 371 from 495 in October
Dec 9, 2024Orange County’s Caruso brokerage moves to Christie’s SoCalFather-son team’s affiliation switch opens door to sell homes in faraway “ski towns”
Dec 9, 2024TriStar Realty gets go-ahead for medical-senior complex in EncinoProject combines three-story medical office building and five-story eldercare facility
Dec 6, 2024CBRE’s Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerageSweetheart agents say goodbye to firm after decades of deals in LA’s commercial market
Dec 9, 2024Fullerton under the gun to approve state housing planOrange County city could lose state funding if it doesn’t certify a strategy to build 13,000 new homes by 2029.
Dec 9, 2024Total Safety leases 53K sf industrial building in Harbor City Houston equipment firm doubles SoCal footprint with $5.5M deal near Port of LA
Dec 6, 2024Report pulls Jason Oppenheim into Douglas Elliman lawsuitBrokerage’s complaint points to unnamed “reality TV star” in kickback scheme
Dec 9, 2024“Schizophrenic” year in Marin County looks up with Trump win“Market didn’t improve until after election, but listings that “ticked all the boxes” sold fast
Dec 9, 2024Home building in San Francisco dwindles to a 12-year lowDevelopers completed 1,200 units this year, while cranking up with more in the pipeline
Dec 9, 2024Berkeley to encourage R&D development with new zoningNew rules cut red tape for small labs and allow moderate safety research across the city
Dec 6, 2024Can San Francisco’s office woes turn the corner in 2025?Chief economist says “the city is in a slow process of recovery”
Dec 6, 2024The Trade Desk to replace private club in Downtown San JoseVentura ad tech firm leases full floor as Silicon Valley Capital Club shuts down
Dec 6, 2024Eden Housing gives creekbed in Castro Valley to Indigenous land trust3-acre donation comes after OK for controversial plan to build 72 affordable homes
Dec 10, 2024LG Group’s office-to-resi redevelopment on shaky groundLoan troubles of a pre-pandemic project show conversion pitfalls
Dec 9, 2024Bruce Stern served second dose of distress at suburban office campusMore than $32M in debt fell into default in Lombard as joint venture of Red River and Lincoln Property Co took hit
Dec 9, 2024New head of CRE for JPMorgan Chase will be based in Chicago Michelle Herrick rose to the top of the New York-based firm while sticking to her local roots
Dec 9, 2024Singerman scores deep discount on Skokie life-science assetSeller American Landmark Properties already profited on $77M purchase price for five-building campus
Dec 9, 2024JDI Realty drops $25M on hot senior housing marketLake Zurich asset purchased with Wolcott Group
Dec 9, 2024Reworked TIF district could benefit $7B United Center redevelopmentMayor Brandon Johnson wants to carve out the West Loop from a district in a move that could spur development the West Side
Dec 9, 2024Movers: Austin Real Estate Experts rebrands to ERA Experts in mergerDeveloper Matthews Southwest rebranded to Matthews
DallasDec 4, 2024DOJ drops RealPage antitrust caseCase closed as President-elect Trump is expected to de-emphasis antitrust enforcement
Dec 4, 2024Texas affiliates “blindsided” by Compass’ @properties acquisitionChristie’s International Real Estate heads claim agents keep a leg up under big-box ownership
HoustonDec 4, 2024Estate last listed at $25M is most-expensive sale this yearLori Krohn Sarofim sold River Oaks mansion after a few price cuts
AustinDec 10, 2024Elon Musk lands retail leases at Hyperloop PlazaCafe, medical office on tap at billionaire’s Bastrop base
San AntonioDec 9, 2024Casey Development to helm civic center in Austonio megaregionHays County would pay for “Spring Trail Center” in San Marcos
Dec 6, 2024Suburban hell: Biggest CMBS office loan in special servicing is $1.2BWorkspace Property Trust’s huge bet going bad
Dec 9, 2024Rocket Mortgage fires back at appraisal bias suitLender sues HUD, alleging reputational harm from DOJ claims
Dec 8, 2024Construction industry stockpiling building materials under looming tariffsHoarding poses possible boon for outdoor industrial storage
Dec 6, 2024Are Tides principals’ debts now high enough to bankrupt them?Principals may be personally liable for tens of millions of dollars
CharlotteDec 9, 2024Hackney pays $107 per sf for massive suburban retail center Price is 82 percent markup to Sterling Organization’s 2003 purchase
Dec 9, 2024EasyKnock suddenly shuts downProptech firm ran into controversy with sale-leaseback deals, and now its customers want answers
New YorkDec 10, 2024Flipped Brooklyn Heights townhouse scores top luxury contractBoutique developer Eckstrom sought $15.5M for renovated home
San FranciscoDec 9, 2024Home building in San Francisco dwindles to a 12-year lowDevelopers completed 1,200 units this year, while cranking up with more in the pipeline
NationalDec 9, 2024EasyKnock suddenly shuts downProptech firm ran into controversy with sale-leaseback deals, and now its customers want answers
NationalDec 9, 2024NAR-funded nonprofit favors Republican-aligned groupsAmerican Property Owners Alliance spent $10M of $13M on organizations linked to conservative causes: NYT
Los AngelesDec 9, 2024Orange County’s Caruso brokerage moves to Christie’s SoCalFather-son team’s affiliation switch opens door to sell homes in faraway “ski towns”
South FloridaDec 9, 2024Coconut Grove PH asking $25M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel Dollar volume rose, while the number of pending deals fell compared to the previous week
AustinDec 10, 2024Elon Musk lands retail leases at Hyperloop PlazaCafe, medical office on tap at billionaire’s Bastrop base
CharlotteDec 9, 2024Hackney pays $107 per sf for massive suburban retail center Price is 82 percent markup to Sterling Organization’s 2003 purchase
ChicagoDec 9, 2024Singerman scores deep discount on Skokie life-science assetSeller American Landmark Properties already profited on $77M purchase price for five-building campus
Los AngelesDec 9, 2024TriStar Realty gets go-ahead for medical-senior complex in EncinoProject combines three-story medical office building and five-story eldercare facility
ChicagoDec 9, 2024JDI Realty drops $25M on hot senior housing marketLake Zurich asset purchased with Wolcott Group
San FranciscoDec 9, 2024Berkeley to encourage R&D development with new zoningNew rules cut red tape for small labs and allow moderate safety research across the city
South FloridaDec 10, 2024One Thousand Group pays $53M for dev site in Miami’s EdgewaterFormer gas station site to become mixed-use branded condo tower
San AntonioDec 9, 2024Casey Development to helm civic center in Austonio megaregionHays County would pay for “Spring Trail Center” in San Marcos
AustinDec 9, 2024Hotel conversion on tap for mass-timber apartment buildingElysian Real Estate Group bought the Juno from a San Francisco development startup
Fort WorthDec 9, 2024Centurion American puts 4,000 homes in pipeline north of Fort WorthAlpha Ranch is in a municipal utility district, extricated from the city’s ETJ
New YorkDec 9, 2024Victor Sigoura files plans for West Chelsea siteLegion Investment Group eyes 75 units on undeveloped waterfront parcel
PhoenixDec 9, 2024Phoenix and Tempe settle dispute, allowing up to 1,600 homes near airportCities had battled over whether to allow apartments on site once slated for NHL arena