Will they, or won’t they? Breaking down the Compass, HomeServices deal drama
Mega-deal, which HomeServices CEO denied, would supercharge Compass’ M&A mission
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Commercial
New York
A&E finally takes over Soloviev’s UES luxury rental building
$116M purchase of 179-unit Rivers Bend building comes after legal drama
Commercial
New York
Trump-fueled uncertainty drives NYC rents to record high
Trump policies stoke uncertainty, leading renters to hold off on homebuying
Politics
National
Steve Witkoff divesting from eponymous real estate firm
Trump’s Middle East envoy transferring holdings to sons
Commercial
National
Another CrowdStreet exec heads for the exit
Former head of capital markets leaves amid fallout from Nightingale fiasco
Commercial
New York
Steve Croman faces foreclosure on multifamily portfolio
Dalan Management bought $140M of landlord’s loans last year
Politics
National
White House officials blame Howard Lutnick for Trump’s tariffs chaos
“He’s trying to be a mini-Trump. Only Trump gets to be Trump.”
Commercial
Dallas
Redeveloping federal offices Trump’s unloading won’t be easy
Feds owns 1.7M sf in North Texas; none provide easy path
Commercial
Tri-State
How Mark Nussbaum went from transactional lawyer to escrow-funded dealmaker
The behind-the-scenes player is in the spotlight after allegations of missing funds
Mar 14, 2025
Lender alleges Gary Segal defaulted at Opus Point in LIC
Columbia Pacific Advisors seeking $67M guarantee from Dynamic Star CEO
Mar 14, 2025
Shunned parties, discounts aplenty: FDIC releases Signature Bank loan bids
Brookfield, Tredway paid 12 cents more on the dollar than CPC venture
Mar 15, 2025
The Daily Dirt: Waiting for Penn Station
More visions for massive redev emerge, but delays abound
Mar 14, 2025
Lender takes back building from Richard Ohebshalom’s Pink Stone Capital
Foreclosure auction for DoBro rental draws no other bidders
Mar 15, 2025
West Village record smashed and Financial District flop?
A tale of two cities, the tiniest townhouse, a Brooklyn rental tower takeover, the ongoing debate over NIMBYism and the housing crisis and more New York real estate news
Mar 15, 2025
Are co-ops loosening pet rules? Is Compass acquiring another brokerage?
TRD explores these questions and more in notes from an NYC resi reporter
Mar 14, 2025
Why Manalapan’s trophy market is booming right now
A look inside the tiny Palm Beach-adjacent enclave with some of Florida’s most expensive listings
Mar 14, 2025
Miami Beach mayor’s threat to evict arthouse theater will test tenant free speech protections, experts say
Steven Meiner wants to terminate O Cinema’s lease over screening of Oscar winning doc he labeled “false one-sided propaganda attack on the Jewish people”
Mar 14, 2025
Private equity mogul sells Miami Beach PH to Kayak’s Steve Hafner for $24M
Sun Capital Partners’ Marc Leder sold the Ocean Drive condo for 60% more than he paid in 2013
Mar 14, 2025
PPG, BH3 score $225M refi for Hallandale Beach apartment tower, as South Florida lending flows
JP Morgan Chase and Monroe Capital provided financing for 26-story, 250-unit project completed in 2022
Mar 15, 2025
Sam Nazarian’s family-friendly wellness weekend
Founder of SBE and former nightlife impresario hauls kids to sports practice, goes sailing and spends time in his hyperbaric chamber
Mar 14, 2025
Spec developers buy Bay Point mansion for $21M — after price slashed in half
Seller Richard Krelstein bought Miami home for $11.2M in 2020, listed it for $42M two years later
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TRD's new website features | February 2025
Mar 14, 2025
State Farm “provisionally” approved for 22% insurance rate hike
Insurance commissioner approves previously denied increase
Mar 14, 2025
Forever 21 to close more than a dozen stores across SoCal
If no buyer is found LA firm could close 350 stores nationwide
Mar 13, 2025
Lack of land leads OC home builders to 23% dip
Top developers reported 31% drop in single-family homes, 15% drop in attached homes
Mar 13, 2025
Lender nabs 83K sf K-town retail center in half-off sale
Columbia Pacific buys California Market at auction after landlord Jake Sharp Capital defaults on $52.5M mortgage loan
Mar 15, 2025
Prologis project could breathe new life into DTLA’s Arts District
Plus, locals say they’re OK with restricting building in fire-prone areas, La Cañada Flintridge retreats on builder’s remedy pushback and more LA real estate news
Mar 14, 2025
LA apartment rent hikes double national average in wake of wildfires
Rents in LA, OC counties rose 0.7% versus 0.3% in US: ApartmentList
Mar 14, 2025
Chris Kennedy, Hines rake in $610M office skyscraper refi
Deal comes with appraisal pegging 60-story Salesforce Tower at $888M
Mar 14, 2025
Look: Farpoint’s vision for a Bronzeville Bears stadium
$3.2B proposal one of three the team is considering
Mar 14, 2025
Developer pulls plug on Des Plaines multifamily despite hot market
Advent Properties withdrew its plans but could submit another proposal
Mar 14, 2025
Zell Kravinsky snags Algonquin rentals for $19M after FPA’s distress play
Suburban Chicago property bought out of distress in 2018 by Greg Folwer’s San Francisco-based multifamily giant headed to investor landlord
Mar 14, 2025
Sudden HUD cuts leave Chicago housing nonprofits in limbo
President Donald Trump, billionaire Elon Musk’s Department of Government Efficiency directed termination of contracts
Mar 13, 2025
Sterling Bay HQ move triggers tenant leapfrog in Fulton Market
Chicago developer downsizing space as it seeks funding for Lincoln Yards
Dallas
Mar 14, 2025
Retail merchandiser flits to newer Plano office space
Moving from Granite Park III to 2021 build owned by Monarch Alternative Capital, Tourmaline Capital Partners
Dallas
Mar 13, 2025
Sands suggests killing massive Irving development if no casino
Backlash from residents over zoning proposal for Mavericks stadium, entertainment district, gambling resort
Dallas
Mar 14, 2025
DallasNews sells printing plant for $44M in latest property cut
Newspaper’s parent company sold Plano asset to fund its pension obligations
Houston
Mar 12, 2025
DR Horton’s Forestar targets Gulf Coast population growth
Bought acreage between Houston and Galveston
Mar 15, 2025
Freshman lawmakers blocking Sands’ legalization efforts
Coalition opposes “any attempt to expand gambling” this session, which could kill a proposed megadevelopment in Irving
Houston
Mar 14, 2025
Which homebuilders own the most land in Houston?
These are the seven-county metro area’s biggest landowners
Mar 13, 2025
Another CrowdStreet exec heads for the exit
Former head of capital markets leaves amid fallout from Nightingale fiasco
Mar 12, 2025
DOGE cancels affordable housing deals in anti-DEI push
Millions of dollars in contracts withdrawn under Elon Musk’s initiative
Mar 12, 2025
White House officials blame Howard Lutnick for Trump’s tariffs chaos
“He’s trying to be a mini-Trump. Only Trump gets to be Trump.”
Mar 11, 2025
Homebuilders resort to desperate measures as Trump’s tariffs loom
Changing materials, stockpiling imports among band-aids as policies take shape
Phoenix
Mar 14, 2025
Arizona’s richest person joins mall-to-mixed redevelopment trend with Mesa
Firm owned by Ernest Garcia II buys last piece of 80-acre site for $24M
Philadelphia
Mar 14, 2025
Philadelphia budget proposal full of real estate nuggets
Mayor Parker pitches $800M loan for housing, construction tax reduction
Los Angeles
Mar 15, 2025
Prologis project could breathe new life into DTLA’s Arts District
Plus, locals say they’re OK with restricting building in fire-prone areas, La Cañada Flintridge retreats on builder’s remedy pushback and more LA real estate news
New York
Mar 15, 2025
West Village record smashed and Financial District flop?
A tale of two cities, the tiniest townhouse, a Brooklyn rental tower takeover, the ongoing debate over NIMBYism and the housing crisis and more New York real estate news
New York
Mar 15, 2025
Are co-ops loosening pet rules? Is Compass acquiring another brokerage?
TRD explores these questions and more in notes from an NYC resi reporter
Los Angeles
Mar 14, 2025
State Farm “provisionally” approved for 22% insurance rate hike
Insurance commissioner approves previously denied increase
Phoenix
Mar 14, 2025
Arizona’s richest person joins mall-to-mixed redevelopment trend with Mesa
Firm owned by Ernest Garcia II buys last piece of 80-acre site for $24M
San Francisco
Mar 14, 2025
State pushes insurers to expand coverage in fire-prone areas
New maps of high-risk zones outline where insurers must write more policies
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Los Angeles
Mar 15, 2025
Prologis project could breathe new life into DTLA’s Arts District
Plus, locals say they’re OK with restricting building in fire-prone areas, La Cañada Flintridge retreats on builder’s remedy pushback and more LA real estate news
New York
Mar 15, 2025
West Village record smashed and Financial District flop?
A tale of two cities, the tiniest townhouse, a Brooklyn rental tower takeover, the ongoing debate over NIMBYism and the housing crisis and more New York real estate news
Los Angeles
Mar 14, 2025
Forever 21 to close more than a dozen stores across SoCal
If no buyer is found LA firm could close 350 stores nationwide
South Florida
Mar 14, 2025
PPG, BH3 score $225M refi for Hallandale Beach apartment tower, as South Florida lending flows
JP Morgan Chase and Monroe Capital provided financing for 26-story, 250-unit project completed in 2022
New York
Mar 14, 2025
“A tough sell”: Landlords pick fines over Local Law 97 compliance
Lengthy payback periods for retrofits leave property owners focused on bottom line
New York
Mar 14, 2025
Shunned parties, discounts aplenty: FDIC releases Signature Bank loan bids
Brookfield, Tredway paid 12 cents more on the dollar than CPC venture
New York
Mar 15, 2025
West Village record smashed and Financial District flop?
A tale of two cities, the tiniest townhouse, a Brooklyn rental tower takeover, the ongoing debate over NIMBYism and the housing crisis and more New York real estate news
Texas
Mar 15, 2025
Freshman lawmakers blocking Sands’ legalization efforts
Coalition opposes “any attempt to expand gambling” this session, which could kill a proposed megadevelopment in Irving
Chicago
Mar 14, 2025
Look: Farpoint’s vision for a Bronzeville Bears stadium
$3.2B proposal one of three the team is considering
Houston
Mar 14, 2025
Which homebuilders own the most land in Houston?
These are the seven-county metro area’s biggest landowners
South Florida
Mar 14, 2025
Lewis Swezy plans age-restricted low-income apartment project in Miami-Dade, as developers target affordable housing
Six-story, 80-unit building will be built near Earlington Heights Metrorail stop
Chicago
Mar 14, 2025
Developer pulls plug on Des Plaines multifamily despite hot market
Advent Properties withdrew its plans but could submit another proposal