Lenders and borrowers tussle over personal guarantees on distressed deals
At contract signings, the guarantee is a gambit. On delinquent loans, it might be the only thing left of value.
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Development
South Florida
Condo owners in West Palm, allegedly “stripped” of promised luxury experience, sue developers
Buyers at waterfront La Clara tower included American Express heiress, a Marvel Studios exec and a development scion
Magazine
New York
Up-and-coming commercial brokers love LinkedIn. Does it bring in deals?
Insights and reflection fuel connection on #REtwit’s buttoned-up alter ego
Commercial
Los Angeles
Slatkin brothers dangle $700M recap of 2 Santa Monica hotels
Owners to raise cash to build 350 branded residences next door
Commercial
New York
Rechler, SL Green lose fight over $90M pegged to help struggling Worldwide Plaza
Judge rules New York REIT can distribute money back to shareholders
Residential
Los Angeles
CEO of Douglas Elliman’s Western region steps down
Veteran exec will remain as an agent at the brokerage, which is shuttering two CA offices
Magazine
South Florida
Meet Ken Griffin’s platoon of planners and professionals building his business in South Florida
Citadel’s founder is relying on a team of plugged-in players to get approvals for his firm’s new HQ in Brickell
Magazine
National
Welcome to Lakewood, NJ, home to a widening commercial mortgage fraud probe
TRD finds faith, family, a booming real estate business — and concerns about where it all leads
Commercial
Dallas
Will return-to-office benefit the coworking industry?
Dallas-Fort Worth is the business’ No. 2 market, with higher rents than the national median
Feb 7, 2025
How “fair housing” activists manipulate data to block development
Lies, damn lies and real estate statistics
Feb 6, 2025
Fred Ohebshalom dodges foreclosure, lands refi for Fifth Avenue Hotel
KSL takes over Madison, Newbond and Maguire’s distressed loan
Feb 6, 2025
Mickey Rabina trades top condo at 520 Fifth Ave
Buyer in contract, expected to pay full $11.5M ask
Feb 6, 2025
Chetrit’s historic Brooklyn hotel may be headed to auction block
Hotel Bossert foreclosure sale scheduled for next week
Tri-State
Feb 7, 2025
Amazon abandons planned Fresh store on Long Island
Farmingville landlord labels decision as “annoying”
Feb 7, 2025
Back from the brink: One High Line sees the sellout light
Witkoff and Access Industries reach $1B in sales at 500 W 18th Street
Feb 6, 2025
Condo owners in West Palm, allegedly “stripped” of promised luxury experience, sue developers
Buyers at waterfront La Clara tower included American Express heiress, a Marvel Studios exec and a development scion
Feb 6, 2025
Billionaire William Lauder finds buyer for oceanfront Palm Beach lots asking $178M
If sold at that price, 2.3-acre assemblage would set record in Florida
Feb 6, 2025
Judge dismisses foreclosure lawsuit against Masoud Shojaee
City National Bank of Florida dropped complaint against Shoma CEO and another entity after reaching private settlement
Feb 6, 2025
Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender
Financier Safe Harbor Equity seeks foreclosure on $7.7M loan, and borrower Celal Ozkan alleges usury
Feb 7, 2025
Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade
Coral Gables-based DiFalco Group is a project investor
Feb 7, 2025
BH adds to portfolio, pays $83M for waterfront North Bay Village apartment complex
Mast Capital-led joint venture sold Wake Biscayne Bay, a three-building project with 338 units
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Feb 6, 2025
Slatkin brothers dangle $700M recap of 2 Santa Monica hotels
Owners to raise cash to build 350 branded residences next door
Feb 5, 2025
CEO of Douglas Elliman’s Western region steps down
Veteran exec will remain as an agent at the brokerage, which is shuttering two CA offices
Feb 4, 2025
Deloitte moving Manhattan Beach offices to El Segundo
The accounting giant will move to Continental Development’s 2201 Rosecrans Avenue in El Segundo
Feb 5, 2025
Nasser Matloob eyes 46-unit apartment complex in Tarzana
Revised plans for six-story building by 101 Freeway replace proposal for 70-unit complex
Feb 7, 2025
Brilliant Corners nabs $30M financing for South Bay complex
LA County approves bond financing for 78-unit affordable housing building in unincorporated Alondra Park
Feb 5, 2025
Palisades braces for 30% drop in land values
Market reels as pending first land sale will reset market
Feb 6, 2025
Developer sells Edgewater site once slated for housing for $5M
Local developer Quest Realty planned to build apartments on the lot in 2019; now the site’s future is unknown
Feb 6, 2025
Silver Creek lists massive Michelin Tire facility after market’s peak
2 million-square-foot suburban distribution center last sold for $130M
Feb 6, 2025
St. Regis condo sales revving with city’s priciest resi deal
Two units on the 52nd floor sold for a little under $9M
Feb 3, 2025
Meet Chicago’s top eviction attorneys
Second-generation firm owner Rob Kahn stays on top while bemoaning tenant-friendly changes in Cook County courtrooms since the pandemic
Feb 6, 2025
Beacon Capital, MetLife land Loop tenant after Salesforce exit
1 North Dearborn Street was valued at $283 per square foot in 2018
Feb 6, 2025
Single-family zoning is so passé, lawmakers want to eliminate it
Limited housing supply, rising costs driving support for legislation
Dallas
Feb 6, 2025
BTR boom buoys Dallas to second-biggest market
One in five of pipeline’s 8,500 units are being built in Fort Worth
Dallas
Feb 6, 2025
Abandoned hospital in receivership for vandalism amid redev plans
Receiver securing Southeast Dallas building, to demolish it within a year
Fort Worth
Feb 5, 2025
Basses keep Sundance Square leasing activity under wraps
Informal counts indicate high vacancy despite a robust retail market, but billionaire owners’ opacity means no analyst data is available
Houston
Feb 5, 2025
Greystone nets $3M in sale of asset built amid multifamily bonanza
Return is less than expected, due to insurance costs and interest rates
San Antonio
Feb 7, 2025
Blueprint’s distressed hotel conversion faces $3M mechanic’s lien
Houston-based developer allegedly owes $17M for defaulted loans
San Antonio
Feb 6, 2025
Kentucky builder cements Texas Triangle presence in acquisition
Drees Homes acquired upscale home builder Monticello Homes as out-of-state businesses flock to Texas
Feb 3, 2025
Welcome to Lakewood, NJ, home to a widening commercial mortgage fraud probe
TRD finds faith, family, a booming real estate business — and concerns about where it all leads
Feb 3, 2025
U.S. office-to-resi pipeline hits record high
Developers are converting 71k units across the country, triple the amount in 2022
Feb 1, 2025
One of the president’s men: Steve Witkoff’s next big project is in politics
Developer, Trump ally has been thrust into international affairs in the Middle East and has hit the ground running
Jan 30, 2025
Blackstone announces 1,120% jump in net income
Investment giant hails “one of the best quarters” in its history
Feb 7, 2025
Mortgage rates fall again, but affordability relief remains out of sight
Average 30-year fixed-rate dropped to 6.89%: Freddie Mac
Atlanta
Feb 6, 2025
Young office buildings capture 92% occupancy
Market’s general leasing woes hardly affect the beautiful and luxurious
Los Angeles
Feb 7, 2025
Brilliant Corners nabs $30M financing for South Bay complex
LA County approves bond financing for 78-unit affordable housing building in unincorporated Alondra Park
San Francisco
Feb 7, 2025
Charities Housing leases land for affordable San Jose homes
Developer plans to build 45 for-sale homes next to Branham Light Rail Station
National
Feb 7, 2025
Mortgage rates fall again, but affordability relief remains out of sight
Average 30-year fixed-rate dropped to 6.89%: Freddie Mac
South Florida
Feb 6, 2025
Billionaire William Lauder finds buyer for oceanfront Palm Beach lots asking $178M
If sold at that price, 2.3-acre assemblage would set record in Florida
New York
Feb 6, 2025
Mickey Rabina trades top condo at 520 Fifth Ave
Buyer in contract, expected to pay full $11.5M ask
South Florida
Feb 6, 2025
Judge dismisses foreclosure lawsuit against Masoud Shojaee
City National Bank of Florida dropped complaint against Shoma CEO and another entity after reaching private settlement
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South Florida
Feb 7, 2025
BH adds to portfolio, pays $83M for waterfront North Bay Village apartment complex
Mast Capital-led joint venture sold Wake Biscayne Bay, a three-building project with 338 units
San Francisco
Feb 6, 2025
Gladstone poised to buy SF life sciences offices
Nonprofit’s Deal for 103K sf expected to close in Mission Bay this year with Alexandria Real Estate Equities
San Francisco
Feb 6, 2025
Berkeley loses track of city office building owned for decades
When city looked to buy South Berkeley building — it found it already owned it
Chicago
Feb 6, 2025
Beacon Capital, MetLife land Loop tenant after Salesforce exit
1 North Dearborn Street was valued at $283 per square foot in 2018
San Francisco
Feb 6, 2025
Federal Realty Investment Trust announces three new office tenants in San Jose property
Calix, Pivot Interiors and Better Help leases add up to about 50,000 square feet taken in One Santana West
Chicago
Feb 6, 2025
Silver Creek lists massive Michelin Tire facility after market’s peak
2 million-square-foot suburban distribution center last sold for $130M
San Antonio
Feb 7, 2025
Blueprint’s distressed hotel conversion faces $3M mechanic’s lien
Houston-based developer allegedly owes $17M for defaulted loans
South Florida
Feb 7, 2025
Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade
Coral Gables-based DiFalco Group is a project investor
Tri-State
Feb 7, 2025
Amazon abandons planned Fresh store on Long Island
Farmingville landlord labels decision as “annoying”
Atlanta
Feb 6, 2025
Young office buildings capture 92% occupancy
Market’s general leasing woes hardly affect the beautiful and luxurious
San Antonio
Feb 6, 2025
Kentucky builder cements Texas Triangle presence in acquisition
Drees Homes acquired upscale home builder Monticello Homes as out-of-state businesses flock to Texas
Chicago
Feb 6, 2025
Single-family zoning is so passé, lawmakers want to eliminate it
Limited housing supply, rising costs driving support for legislation