A closer look at the industrial owners selling to ICE
Deals with the agency can draw political pushback. Some are undeterred.
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Residential
South Florida
Inside Jeff Greene’s delayed West Palm Beach project
Billionaire developer’s big vision for One West Palm is “moving at a fast pace”
Politics
Los Angeles
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
Commercial
Los Angeles
Relevant’s Grant King hands back keys to Hollywood hotel
Lender LCP acquires Dream Hollywood hotel via deed in lieu of foreclosure on $38M debt
Commercial
South Florida
Nick Mastroianni sells portion of Harbourside Place for $58M
Investment manager and health care tech firm Voloridge is the buyer
Commercial
New York
Gencom shells out $320M for Ritz-Carlton Central Park South
Banco Inbursa provides $235M acquisition loan
Residential
Tri-State
Hamptons developer faces wave of default claims
Nonpayment lawsuit brings Jeremy Morton’s personally guaranteed debt to $5M
Commercial
New York
What to do about illegal subletters
Rent-stabilized tenants are renting out rooms. How bad is that?
Brand Studio
Form, function, and the art of restraint: Gaggenau’s Bauhaus-inspired Expressive series
Absolute beauty meets absolute function
Commercial
Chicago
LNR hits Rubin Schron, David Lowenfeld with foreclosure suit, claiming defaults on $342M in Chicago West Loop office loans
Owners of ground lease land beneath 300 South Riverside Plaza tower now face $167M complaint, while the property’s separate $175M loan is also allegedly unpaid by David Werner and Joseph Mizrachi
USIF Sues Fortress, L&L Over TSX Broadway
Fund claims developers wrongly handed keys to Goldman
Mark Nussbaum turns on former “bro” Tzali Chopp over unpaid debt
New legal filings reveal wild text messages with nursing home entrepreneur over alleged $3M loan
NYC’s top deals: Tavros Capital closes on Water Street dev site for $143M
TRD reports top transactions for Thursday, Feb. 19, 2026
The Daily Dirt: 50 days and 50 nights of Mamdani
Real estate takes stock of mayor’s promises and threats
Roosevelt Hotel gets a surprising new partner: the US government
Pakistan signs deal for cooperation on redevelopment, operation
Olayan Group nabs $800M loan for 550 Madison
ING Capital provides $230 in new debt as Midtown tower nears full occupancy
Turnberry dangles $100K fee for Singer Island high-rise condo project
Developer requested zoning code change that swaps setbacks for donations in a case that could affect other developments
Derek Jeter sells Coral Gables mansion for double his purchase price
Former Yankees shortstop is building a waterfront home nearby
Max Scherzer lists custom Jupiter home for $36M after Hobe Sound curveball
MLB pitcher and his wife bought Admiral’s Cove teardown for $15M
Jury awards $8M in shoddy construction suit, but case was settled first
AHS Development, Resia Construction found negligent in building seven-story Dania Beach apartments
James Batmasian’s scaled-back Royal Palm Plaza Hotel project moves ahead
High construction costs shaved off a few hotel keys and a lot of parking spaces
Louisiana developer lands $250M debt to build student housing at FIU
Provident Resources secured massive tax-exempt bond, plus $10M mortgage from city of Sweetwater
Videos
Next up, rent freeze? Mayor Mamdani names five new members to rent board #shorts
How real estate brokers scrambled to get inside the Epstein house
Is Robert Palmer selling LPT Realty to Compass CEO Robert Reffkin? | Coffee Talk
Landlord calls for NYC property owners to stop paying taxes
Waldorf Astoria hits market after eight-year condo conversion #shorts
Are the Chicago Bears moving to Indiana? #shrots
Wrong address? Sources say Mark Zuckerberg isn’t buying Jersey Mike’s founder’s home #shorts
Sam Altman’s OpenAI adds 223K sf to Seattle office footprint #shorts
Can the Malabar Residences move Billionaire's Row across Park Ave?
Does #Hollywood have to save itself? #shorts
Celebrity real estate update: The Beckhams, Floyd Mayweather & more #shorts
The Industry Dish with MaryAnne Gilmartin | Brand Studio
The Design Powering Miami’s Top Penthouses | Brand Studio
Recap: Week 2 of the Alexanders' trial
CEO Robert Reffkin has made Compass a megaforce. What's next? #shorts
Boca Raton is at war over a mega development | #shorts
Inside the Alexander brothers’ defense machine | #shorts
Sustainability meets style in Honolulu | Brand Studio
Richard A.C. Coles on how Jamie Dimon helped lead NYC’s comeback #shorts
The weather is cold, but the #Hamptons market is hot #shorts
Proposed billionaire tax “icing on cake” of resi headwinds in California
LA agents point to proposed tax on top of ULA, Hollywood contractions and insurance headaches as spurs for flight
Izek Shomof’s next office-to-resi target: Americana at Brand-adjacent building in Glendale
Developer pursuing conversion efforts from Long Beach to San Fernando Valley
Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans
City requires new Gateway Village residents to surrender right to sue trash site
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
NorthPoint sells 100 acres in Lancaster for planned 400K sf manufacturing facility
Antelope Valley emerges as new industrial hotspot in LA County
RBM eyes former Rancho Park restaurant for housing, retail
Developer utilizing density bonus in projects across LA’s Westside
Go Bears: Indiana advances stadium plan to lure team across state line
House committee backed bond-financed authority, as Illinois effort stalls
Chicago multifamily prowess expands to southeast Wisconsin as Santefort drops $100M on deals
Two recent multifamily sales point to growing demand in Midwest market
@properties launches renovation financing program for Chicago home sellers
Brokerage is partnering with fintech Notable to offer up to $50K for property improvements, repaid at closing
Gap eyes Magnificent Mile comeback in Chicago with 8K sf lease
Retailer in talks with Ashkenazy Acquisitions and Aurora Capital Associates for space at 700 North Michigan Avenue, as corridor’s vacancy tightens
CLK Properties locks in $115M refi on suburban Chicago condo deconversion
Greystone loan retires bridge debt at 918-unit Courtlands on the Park in Des Plaines
City of Chicago selects DL3’s proposed 25-story ACōDA building for Loop garage site
300-unit mixed-income project would rise next to CTA hub on Plymouth Court
Party’s over: Wine, spirits producers close Bay Area facilities
US’ largest wine producer continues real estate downsizing
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
SF church site once proposed for housing heads to foreclosure
Forge Development defaulted on nearly $7M loan last year
Saks aims to stop Simon shutdown of Palo Alto store
Luxury retailer closing locations across country after Chapter 11 bankruptcy filing last month
SF’s Union Square hums back to life with return of AT&T, The RealReal stores
Retailers set to reopen spaces shuttered in 2023
Concord Tech Center offices sell for $45M after falling into receivership
Loan defaults send office properties across Bay Area into distress sales
Dallas
Real Brokerage poaches 65 Dallas/Fort Worth agents from Fathom Realty
Departing team, led by Greg and Tiffany Bachman, maintained a four-year ranking as former brokerage’s top national team
BH Properties nabs five headquarter leases in first year of owning suburban Dallas office park
Occupancy at 375K sf R&D at Legacy now 72%
Trademark’s $100M Lincoln Square redevelopment advances with $24M grant from Arlington
Project will include upgrades to infrastructure, facades, parking lots and entryways, demolishing a small portion of existing retail and potentially add a new office building
Houston
Houston’s housing markets diverge
Homes in luxury neighborhoods appreciated last year while the overall median sale price fell
San Antonio
San Antonio-based Casey Development files for bankruptcy, as $196M debt squeeze mounts
Central Texas developer and property owner moves to halt loan accelerations from regional lenders
Austin
NXP leases Northwest Austin campus, as its 155-acre headquarters hits market
Chipmaker takes 225K sf at Champion Office Park while trying to sell its Oak Hill site
A closer look at the industrial owners selling to ICE
Deals with the agency can draw political pushback. Some are undeterred.
Thomas Pritzker steps down as Hyatt executive chairman amid Epstein fallout
Billionaire heir cites “terrible judgment” in maintaining ties
CMBS delinquencies hit record, lenders abandon “extend and pretend”
Office distress deepened with $25B in loans past maturity
Two witnesses, one Hamptons weekend: Inside the third week of Alexanders’ trial
Oren, Alon and Tal’s sex trafficking trial will resume Tuesday, Feb. 24
HUD targets immigration status in housing aid crackdown
Proposed rule would require proof of citizenship, raising eviction fears
CoStar cuts 200 staffers from Homes.com after reversing course on resi platform
Company previously announced 35% cut to investment
Seoul luxury housing market to lead global price growth in 2026: Savills
Chinese high-end homes expected to continue two-year value tumble
Olympic glow fuels Milan’s luxury housing boom in Italy
Prices at records, penthouses rule, districts cash in ahead of Winter Games
Alphabet eyes 2.4M sf office expansion in Indian tech capital
OpenAI, Anthropic among US companies growing in South Asian country
Iran Supreme Leader’s son tied to global property web
Inside Mojtaba Khamenei’s overseas real estate empire as protests rage
Cyberattack crushes London housing market
Thousands of sales in jeopardy in Westminster, Chelsea, Kensington
Tokyo condo prices reach record high as supply shrinks, construction costs balloon
Broader market on upswing after 2024 decline in new condo prices
National
No more exits: The $77B "hard maturity" wall hitting CMBS
Total debt without extension options larger than in 2024, 2025
National
Data centers power REIT comeback after 2025 slump
Publicly traded REITs are up 9.2 percent year-to-date, outperforming the S&P 500, DJIA
National
Mortgage delinquencies tick up as affordability strains homeowners
MBA reports rise in loans 60 and 90+ days overdue
National
Buyers have the upper hand in every major metro — except one
Most major markets have tilted firmly in buyers’ favor in Q4
New York
NYC residential foreclosures climbed 8% in 2025
The Bronx recorded highest annual growth in new filings, per PropertyShark
Los Angeles
Focus on TRD Data: Priciest home sales in Mar Vista in 2025
Dallas
Real Brokerage poaches 65 Dallas/Fort Worth agents from Fathom Realty
Departing team, led by Greg and Tiffany Bachman, maintained a four-year ranking as former brokerage’s top national team
Los Angeles
Izek Shomof’s next office-to-resi target: Americana at Brand-adjacent building in Glendale
Developer pursuing conversion efforts from Long Beach to San Fernando Valley
National
CoStar cuts 200 staffers from Homes.com after reversing course on resi platform
Company previously announced 35% cut to investment
National
Opendoor claims pivot started paying off in fourth quarter earnings
Firm ramped up acquisitions, narrowed adjusted losses: CEO Kaz Nejatian
Los Angeles
Proposed billionaire tax “icing on cake” of resi headwinds in California
LA agents point to proposed tax on top of ULA, Hollywood contractions and insurance headaches as spurs for flight
New York
Brooklyn townhouse development darling expands to Manhattan
Eckstrom partners with Compass agent Carl Gambino on five-property portfolio
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Chicago
CLK Properties locks in $115M refi on suburban Chicago condo deconversion
Greystone loan retires bridge debt at 918-unit Courtlands on the Park in Des Plaines
Atlanta
Goldman Sachs affiliate pays $91M for Atlanta apartments
All-cash deal equates to $432K per unit at 92 West Paces Ferry Road in Buckhead
San Francisco
Party’s over: Wine, spirits producers close Bay Area facilities
US’ largest wine producer continues real estate downsizing
New York
Olayan Group nabs $800M loan for 550 Madison
ING Capital provides $230 in new debt as Midtown tower nears full occupancy
New York
City environmental agency relocates next to polluted waterway
DEP taking 155K sf at Innovo’s Long Island City property
Los Angeles
Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans
City requires new Gateway Village residents to surrender right to sue trash site
South Florida
James Batmasian’s scaled-back Royal Palm Plaza Hotel project moves ahead
High construction costs shaved off a few hotel keys and a lot of parking spaces
New York
Roosevelt Hotel gets a surprising new partner: the US government
Pakistan signs deal for cooperation on redevelopment, operation
South Florida
Louisiana developer lands $250M debt to build student housing at FIU
Provident Resources secured massive tax-exempt bond, plus $10M mortgage from city of Sweetwater
Texas
Trademark’s $100M Lincoln Square redevelopment advances with $24M grant from Arlington
Project will include upgrades to infrastructure, facades, parking lots and entryways, demolishing a small portion of existing retail and potentially add a new office building
South Florida
Turnberry dangles $100K fee for Singer Island high-rise condo project
Developer requested zoning code change that swaps setbacks for donations in a case that could affect other developments
Chicago
City of Chicago selects DL3’s proposed 25-story ACōDA building for Loop garage site
300-unit mixed-income project would rise next to CTA hub on Plymouth Court