Chicago brokers stunned by Compass acquisition of @properties
Deal for Windy City’s hometown hero divides local players
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San Francisco
Teeny tiny retail tenants are healing San Francisco’s downtown blight
A matchmaker program, Vacant to Vibrant, expands in struggling downtowns
Commercial
Chicago
Blackstone faces foreclosure on $275M hotel portfolio
Bondholders closing in on assets in Chicago, San Francisco, Boston, Philadelphia
Politics
New York
Force Majora: For trying to save South Bronx, Carter was deemed “sellout”
TRD Salon Series speaker to tell her intriguing, infuriating story
Residential
New York
Brooklyn real estate player convicted in fraud scheme
Avraham Tarshish faces up to 30 years in prison for short sale mortgage fraud
Commercial
South Florida
Simon, Brookfield face tough road ahead for their South Florida zombie malls
Owners of Miami International Mall and Pembroke Lakes Mall could have difficulty refinancing nine-figure loans on both properties
Residential
South Florida
Naftali launches Viceroy-branded Fort Lauderdale condo project
45-story tower will have 370 units
Commercial
New York
Lender goes after Tides’ Kia, Andrade personally for millions of dollars
Acres Capital claims foreclosure sale failed to cover balance of $33M loan
Commercial
National
Nightingale’s Elie Schwartz to face federal criminal charges
CEO accused of misappropriating $54M from crowdfunding investors has day in court
Dec 3, 2024
Are the tides turning? Midtown offices land October’s largest loans
Brooklyn multifamily developments trade hands, score financing
Dec 2, 2024
Bushburg, Moinian land $140M refi for conversion of Brooklyn dairy plant
Loan from MF1 for 320-unit mixed-use project in East New York
Dec 2, 2024
Manhattan office leasing activity exceeds 30M sf for first time since 2019
Massive WeWork-Amazon lease at Vornado’s 330 West 34th Street boosts market
Dec 3, 2024
The Daily Dirt: City of Yes frees Gowanus from parking minimums
City Council to vote on sweeping proposal this week
Dec 3, 2024
TF Cornerstone refinances Brooklyn towers with $448M
PNC extends loan for 798-unit development at original Atlantic Yards site
Dec 3, 2024
Brooklyn Heights condos top Brooklyn luxury’s turkey break
Borough rang in holiday week with $38M across 11 contracts asking $2M+
Dec 3, 2024
Concierge service: How real estate is courting Art Basel Miami Beach buyers
Top agents are taking a more personalized approach, while some developers are using the momentum to reveal news about their projects
Dec 3, 2024
Naftali launches Viceroy-branded Fort Lauderdale condo project
45-story tower will have 370 units
Dec 3, 2024
Is Fort Partners planning a West Palm project? Firm drops $20M for aging waterfront apartment complex
Philips International sold the three buildings with 25 units
Dec 2, 2024
Simon, Brookfield face tough road ahead for their South Florida zombie malls
Owners of Miami International Mall and Pembroke Lakes Mall could have difficulty refinancing nine-figure loans on both properties
Dec 3, 2024
Oceana Bal Harbour closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1M to $10.9M
Dec 2, 2024
Brickell condo board president ousted after passing $21M assessment
Florida’s Department of Business and Professional Regulation had two people oversee the Miami association’s election
Dec 3, 2024
Fashionista’s Bel-Air manse listed at $43M caps LA contracts
Serge Azria’s home El Mirasol previously belonged to Orson Welles and Diane Keaton
Dec 3, 2024
Max Nobel lists former Beverly Hills home of Kiss rocker Gene Simmons for $34M
Spec developer remodeled the “modern barnhouse” and recently cut the ask by 29%
Dec 2, 2024
Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project
Two warehouses will rise at Bake Freeway Business Park in Irvine
Dec 2, 2024
Norwalk gives nod to 32-acre transit housing village
City to acquire former youth jail and replace it with 770 apartments and townhomes
Dec 2, 2024
Diico Properties plans hotel-apartment complex in Santa Monica
Builder’s remedy project with eight stories to include 40-room hotel and 50 units
Dec 2, 2024
Newmark hires two multifamily debt experts in Orange County
Brokerage taps Vince Punzi and Lowell Takahashi as executive managing directors
Dec 2, 2024
Architect sells “modern-day farmhouse” in Hillsborough for $19M
1950 home rebuilt by Michael Kao represents a “riskier” high-end spec project
Dec 2, 2024
Ross Dress for Less renews flagship lease, expands in San Francisco
Discount clothier inks 10-year deal as building goes on the market for $50M
Dec 2, 2024
Z&L Properties defaults on $20M loan for project site in San Jose
Developer Chris Jiashu Xu buys the debt and could seize 1.6-acre former bus terminal
Nov 27, 2024
DeNova Homes looks to build 135 “entry-level” houses in Antioch
17-acre project features layout designed for “families with younger children”
Nov 27, 2024
Sobrato chairman sells Los Gatos home for $6M
Developer John Sobrato, co-owner of the NFL’s 49ers, trades residence on corner lot
Nov 27, 2024
Landlord Harmit Mann buys Oakland office complex for $65 psf
Property that traded for $13M lies in high-crime Hegenberger corridor section of the city
Dec 3, 2024
Chicago brokers stunned by Compass acquisition of @properties
Deal for Windy City’s hometown hero divides local players
Dec 2, 2024
Ranking Chicago’s top brokers of 2024
Matt Laricy of Americorp Real Estate claims No. 1 spot this year
Dec 2, 2024
Anti-gentrification ordinance could be pushed to next year
Tenants’ right of first refusal could start March 1; council to consider turning it into pilot program through 2029
Dec 3, 2024
R2, JDI snap up suburban innovation campus at discount
Seller Beco Management bought site for $9.5M in 2013 and invested nearly $40M
Dec 2, 2024
Legal & General eyes PGIM’s apartment tower in hot West Loop
Acquisition of 350-unit asset would give London-based firm a flagship in one of Chicago’s most sought-after neighborhoods
Dec 2, 2024
Affordable Uptown apartments head to auction over $2M default
Mercy Community Capital tried to find buyer; distress sale could mean loss of affordable units where luxury is increasingly desired
Dec 2, 2024
These are Dallas’ top resi brokers
Top players bank on city’s enduring appeal, despite changing market
Houston
Dec 2, 2024
Rooftops follow Fidelis’ H-E-B-anchored retail center
Partnering with Cresset Real Estate Partners on apartments in Montgomery County
Dallas
Nov 25, 2024
Texan Scott Turner scores as Trump’s HUD pick
Former NFLer’s resume includes experience on Opportunity Zones
Austin
Dec 3, 2024
PayPal expansion is one of Austin’s biggest office leases this year
Stonelake Capital Partners also inked a massive deal with Wise PLC
Dallas
Dec 2, 2024
Pillar erases debt on Richardson office with all-cash recap deal
Borrowed $14.5M to buy Collins Square in 2014
Houston
Dec 2, 2024
Five Big Lots leases heading to auction this month
Discount retailer’s bankruptcy led to store closures, waves of lease offerings
Dec 2, 2024
Compass is acquiring @properties, Christie’s International Real Estate in $444M deal
Firm expected to pay $150M, 44M shares for affiliates, title and mortgage businesses
Atlanta
Dec 3, 2024
Is $400M too much for this 1960s office-to-resi conversion?
Invest Atlanta’s mixed-use ambitions for mid-century building come with big price
Nov 30, 2024
Charlie Kushner selected as ambassador to France
Family patriarch gets nod to post after being pardoned by president in 2020
Nov 27, 2024
Nightingale’s Elie Schwartz to face federal criminal charges
CEO accused of misappropriating $54M from crowdfunding investors has day in court
Dec 3, 2024
Brookfield buys $1B of Valley Bank property debt
Performing loans sold at 1% discount to par value
Charlotte
Dec 3, 2024
City incentives on the table for $500M mixed-use redevelopment
Horizon Development Properties, Levine Properties, Northwood Ravin could win $7M for project at former Providence Square shopping center
South Florida
Dec 3, 2024
Concierge service: How real estate is courting Art Basel Miami Beach buyers
Top agents are taking a more personalized approach, while some developers are using the momentum to reveal news about their projects
Los Angeles
Dec 3, 2024
Max Nobel lists former Beverly Hills home of Kiss rocker Gene Simmons for $34M
Spec developer remodeled the “modern barnhouse” and recently cut the ask by 29%
New York
Dec 3, 2024
Brooklyn Heights condos top Brooklyn luxury’s turkey break
Borough rang in holiday week with $38M across 11 contracts asking $2M+
Los Angeles
Dec 3, 2024
Fashionista’s Bel-Air manse listed at $43M caps LA contracts
Serge Azria’s home El Mirasol previously belonged to Orson Welles and Diane Keaton
South Florida
Dec 3, 2024
Oceana Bal Harbour closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1M to $10.9M
New York
Dec 3, 2024
Here are NYC’s priciest residential deals in 2024
Deals above $100M returned, with sales at Aman New York, Central Park Tower
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New York
Dec 3, 2024
TF Cornerstone refinances Brooklyn towers with $448M
PNC extends loan for 798-unit development at original Atlantic Yards site
National
Dec 3, 2024
Brookfield buys $1B of Valley Bank property debt
Performing loans sold at 1% discount to par value
South Florida
Dec 3, 2024
Is Fort Partners planning a West Palm project? Firm drops $20M for aging waterfront apartment complex
Philips International sold the three buildings with 25 units
Chicago
Dec 3, 2024
R2, JDI snap up suburban innovation campus at discount
Seller Beco Management bought site for $9.5M in 2013 and invested nearly $40M
New York
Dec 3, 2024
Dune, TF Cornerstone launch $1B office-to-resi venture
Partners plan to invest in projects across the country
Austin
Dec 3, 2024
PayPal expansion is one of Austin’s biggest office leases this year
Stonelake Capital Partners also inked a massive deal with Wise PLC
Charlotte
Dec 3, 2024
City incentives on the table for $500M mixed-use redevelopment
Horizon Development Properties, Levine Properties, Northwood Ravin could win $7M for project at former Providence Square shopping center
Atlanta
Dec 3, 2024
Is $400M too much for this 1960s office-to-resi conversion?
Invest Atlanta’s mixed-use ambitions for mid-century building come with big price
New York
Dec 3, 2024
Naftali scores construction loan for UES luxury condo project
JPMorgan Chase originated $140M for 255 East 77th Street
Houston
Dec 2, 2024
Rooftops follow Fidelis’ H-E-B-anchored retail center
Partnering with Cresset Real Estate Partners on apartments in Montgomery County
Los Angeles
Dec 2, 2024
Norwalk gives nod to 32-acre transit housing village
City to acquire former youth jail and replace it with 770 apartments and townhomes
Los Angeles
Dec 2, 2024
Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project
Two warehouses will rise at Bake Freeway Business Park in Irvine