Can Compass keep the wins coming?
Resi giant notched its first profit, but high liabilities and shaky cash position could dampen its future
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Residential
National
Hurricane Helene victims face second shock: denial of insurance claims
Coverage restrictions, dearth of separate flood policies spell trouble
Magazine
Los Angeles
LA’s top contractors find work in sleepy market
Hensel Phelps Construction, Toll Brothers lead rankings as infrastructure projects buoy Los Angeles
Residential
San Francisco
Tour the priciest listing in the country’s priciest ZIP code
Atherton spec house on “Billionaire’s Row” features an asking price of $55M
Commercial
New York
Adam Neumann goes with the flow
Despite a tumultuous past, WeWork founder isn't giving up on coworking
Magazine
New York
Here are this year’s top real estate law firms in NYC
Real estate attorneys play a role in every facet of the deal. TRD's rankings show some are busier than others.
Politics
New York
If not Adams, then who? NYC real estate could have slim pickings for a new mayor
Why no industry favorite has emerged
Magazine
National
Tides’ turnaround strategy: total transparency
The embattled syndicator needs to resell itself to lenders and investors. Can it do so by copping to its mistakes?
Magazine
New York
After disaster: how developers deal
What happens after high-flying, risk-taking execs crash and burn?
Oct 8, 2024
Composting in NYC will be messy for multifamily
Turning food waste into dirt: great in theory, not in practice
Oct 7, 2024
City rolls out rules for 485x, office-to-resi tax breaks
Developers must meet MWBE, wage, affordability requirements
Oct 7, 2024
New dev condos lead Manhattan’s luxury market into October
Buyers signed contracts for 22 condos, 17 of which were sold by sponsors
Oct 8, 2024
The Daily Dirt: Not all hotel operators dig the new licensing bill
Some call compromise measure a win for unions
Tri-State
Oct 8, 2024
New Adirondacks resort “thriving,” but owner puts it on market
$13M listing aims to attract investor to expand upstate hospitality venture
Oct 7, 2024
Townhouses boost Brooklyn luxury contracts past $56M
Cobble Hill home asking $11.3M claimed last week’s top contract
Oct 7, 2024
Isaac Lustgarten exits Alexanders’ Official, joins Corcoran
What's left for the embattled firm?
Oct 7, 2024
P6 enters Miami-Dade market after paying $16M for dev site near Aventura Mall
Boca Raton-based firm is planning mixed-use project with 210 apartments and 13K sf of offices
Oct 7, 2024
SmartStop adds fourth self-storage facility to South Florida portfolio, paying $31M for North Miami site
Ladera Ranch, California-based firm acquired recently completed three-story building on 1.4 acres
Oct 7, 2024
Stearns family secures buyer for waterfront Key Biscayne mansion asking $27M
Fewer luxury homes went into contract last week
Oct 8, 2024
Cosmetic surgery center owner sells oceanfront Golden Beach home for $22M
Seller Daniel Gonzelez upsized to another mansion in town for $34M last month
Oct 8, 2024
Broward condo sales drop in September to $199M
Number of closings fell to 630 from 824 in August
Oct 7, 2024
“Urban Outlaw” puts his LA loft on the market for $20M
Magnus Walker’s building has served as film location, fashion HQ and personal home
Oct 7, 2024
Google renews office lease for 200K sf in Irvine
Search giant signs the largest deal in Orange County during the third quarter
Oct 7, 2024
NBA stars pitch plan for affordable housing in East Hollywood
Visionary Development’s Terry and Tobias Harris eye 90 units on Santa Monica Boulevard
Oct 7, 2024
Ghost kitchen accuses Brookfield of water damage in DTLA basement
City Storage sues for $5M over alleged pools and mold under Subway Terminal Building
Oct 4, 2024
Universal Music Group’s Santa Monica HQs trades for $185M
Drawbridge Realty pays nearly $820 psf for single-tenant office building
Oct 4, 2024
OC investors pay $77M for Highlands Corporate Center in San Diego
Five-building office campus with 90% occupancy rate trades for $350 psf
Oct 7, 2024
Z&L project pivots from for-sale condos to rentals in San Jose
Developer of twin 320-unit towers seeks income stream while juggling multiple lawsuits
Oct 7, 2024
Black-led group renegotiates purchase of Oakland Coliseum for $125M
African American Sports & Entertainment Group will speed up payment plan with city
Oct 7, 2024
Prologis buys office and research park in Fremont for $71M
Cash transaction looks like a sale-leaseback with Siemens software unit
Oct 4, 2024
Applied Materials buys Fry’s Electronics site in Sunnyvale for $100M
Equipment maker to create innovation center with properties from $390M shopping spree
Oct 4, 2024
FibroGen will pay $10M to exit HQ lease in SF’s Mission Bay
Failed clinical trials push drug company to early exit from 18-year home
Oct 4, 2024
Industry needs $150M to defeat rent control measure in California
CAA and CAR have raised about half that amount so far
Oct 7, 2024
Brokers accused of RICO scheme, allegedly defrauding resi investors
Thirteen lawsuits accuse Laurena Mikosz, Marcin Chojnacki of luring buyers through social media ads, lying about property
Oct 7, 2024
Lakefront mansion asks $11M amid suburban luxury’s hot streak
Glencoe home would be most-expensive in five years at that price
Oct 4, 2024
Related Midwest faces $175M foreclosure on apartment tower
MassMutual refinanced 47-story property in 2014 and sued after granting forbearance to Related and its partner, an arm of the AFL-CIO
Oct 7, 2024
Moyer scores $29M for Lincoln Park multifamily as lending thaws
Construction loans are flowing, and this 84-unit rental project is getting off the ground after years of planning
Oct 7, 2024
Scottie Pippen’s old house draws buyer after price cut
Highland Park mansion last listed for $2.65 million
Oct 7, 2024
City-owned lots should go to middle-income buyers: nonprofit
Neighborhood Network Alliance wants a South Shore initiative to focus less on low-income renters and instead support homeownership
Dallas
Oct 2, 2024
Wall to Y'all: Can Dallas' $1B transformation give NYC a run for its money?
Developers believe the Texas city can become the nation's new financial hub
Fort Worth
Oct 7, 2024
S2 Capital protégé brings $59M multifamily to North Richland Hills
Cover2 Capital’s first project, Wheelhouse, will have 10K sf of retail in Fort Worth suburb
Dallas
Oct 7, 2024
Carbon Cos scores $138M refi for Frisco PGA apartments as loans flow
MF1 Capital issued debt against 690 units
Houston
Oct 7, 2024
Massive spec mansion in Memorial Villages takes $1.4M price cut
First home by Jessica Lisenby’s Legacy Development Group has been on the market since February
Austin
Oct 7, 2024
Streamline to bring resi, groceries to fast-growing Kyle
Austin-based developer plans hundreds of residences, including affordable housing near Austin suburb’s downtown
Houston
Oct 7, 2024
Houston office leasing hits lowest point in a decade
Even excluding Starwood’s Marathon Oil Tower’s 1.2M sf in the statistics, absorption fell to negative 773,000 square feet
Oct 7, 2024
Hurricane Helene victims face second shock: denial of insurance claims
Coverage restrictions, dearth of separate flood policies spell trouble
Oct 7, 2024
eXp hops onboard brokerage settlement train
Brokerage paying $34M to settle commission suits
Oct 5, 2024
Punishment dealt to accused Australian real estate saboteur
Roger Agha allegedly changed contact info of hundreds of clients before exiting brokerage
Nashville
Oct 7, 2024
Builder brings Austin modern chic to growing Nashville luxury market
Sett Studio plans 10 homes in Green Hills with prices starting at $3.5M
Oct 8, 2024
Sonder faces Nasdaq delisting — again
Short-term rental operator missed delinquent filing deadline
Oct 8, 2024
Proptech startup raises $5M in pre-seed funding
Nestio founder Caren Maio’s 100 launches “TSA PreCheck” for renters
South Florida
Oct 8, 2024
Cosmetic surgery center owner sells oceanfront Golden Beach home for $22M
Seller Daniel Gonzelez upsized to another mansion in town for $34M last month
National
Oct 8, 2024
Proptech startup raises $5M in pre-seed funding
Nestio founder Caren Maio’s 100 launches “TSA PreCheck” for renters
South Florida
Oct 8, 2024
Broward condo sales drop in September to $199M
Number of closings fell to 630 from 824 in August
New York
Oct 8, 2024
Composting in NYC will be messy for multifamily
Turning food waste into dirt: great in theory, not in practice
Houston
Oct 7, 2024
Massive spec mansion in Memorial Villages takes $1.4M price cut
First home by Jessica Lisenby’s Legacy Development Group has been on the market since February
Chicago
Oct 7, 2024
Lakefront mansion asks $11M amid suburban luxury’s hot streak
Glencoe home would be most-expensive in five years at that price
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National
Oct 8, 2024
Sonder faces Nasdaq delisting — again
Short-term rental operator missed delinquent filing deadline
San Francisco
Oct 7, 2024
Black-led group renegotiates purchase of Oakland Coliseum for $125M
African American Sports & Entertainment Group will speed up payment plan with city
South Florida
Oct 7, 2024
SmartStop adds fourth self-storage facility to South Florida portfolio, paying $31M for North Miami site
Ladera Ranch, California-based firm acquired recently completed three-story building on 1.4 acres
Dallas
Oct 7, 2024
Carbon Cos scores $138M refi for Frisco PGA apartments as loans flow
MF1 Capital issued debt against 690 units
Los Angeles
Oct 7, 2024
Ghost kitchen accuses Brookfield of water damage in DTLA basement
City Storage sues for $5M over alleged pools and mold under Subway Terminal Building
Boston
Oct 7, 2024
Blackstone doubles down on life sciences, dropping $361M on Boston property
Deal for The Engine, MIT’s spinout accelerator, generates heat in a cooling market
Tri-State
Oct 8, 2024
New Adirondacks resort “thriving,” but owner puts it on market
$13M listing aims to attract investor to expand upstate hospitality venture
Fort Worth
Oct 7, 2024
S2 Capital protégé brings $59M multifamily to North Richland Hills
Cover2 Capital’s first project, Wheelhouse, will have 10K sf of retail in Fort Worth suburb
Austin
Oct 7, 2024
Streamline to bring resi, groceries to fast-growing Kyle
Austin-based developer plans hundreds of residences, including affordable housing near Austin suburb’s downtown
South Florida
Oct 7, 2024
P6 enters Miami-Dade market after paying $16M for dev site near Aventura Mall
Boca Raton-based firm is planning mixed-use project with 210 apartments and 13K sf of offices
Chicago
Oct 7, 2024
Related Midwest’s quantum computing development is Chicago’s biggest
440-acre campus would be site of PsiQuantum’s attempt to make the world’s biggest quantum computer
Nashville
Oct 7, 2024
Builder brings Austin modern chic to growing Nashville luxury market
Sett Studio plans 10 homes in Green Hills with prices starting at $3.5M