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
TF Cornerstone refinances Brooklyn towers with $448M
PNC extends loan for 798-unit development at original Atlantic Yards site
Dec 3, 2024
Naftali scores construction loan for UES luxury condo project
JPMorgan Chase originated $140M for 255 East 77th Street
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
Here are NYC’s priciest residential deals in 2024
Deals above $100M returned, with sales at Aman New York, Central Park Tower
Dec 4, 2024
Can up-and-comer Amir Shriki pull off value-add under good cause?
Aya Acquisitions picked up UES multifamily for $45M with plans to renovate
Tri-State
Dec 3, 2024
American Dream owners trying to claw back $183M
Don Ghermezian’s Triple Five Group claims East Rutherford is taking too much
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
Sean Hannity drops $24M on waterfront Manalapan mansion
Fox News host announced he was done with New York and moved to Florida earlier this year
Dec 3, 2024
Naftali launches Viceroy-branded Fort Lauderdale condo project
45-story tower will have 370 units
Dec 3, 2024
Related, Dezer score approval for Rosewood Residences in Hillsboro Beach after nabbing $307M loan
92-unit oceanfront condo project is more than 50% presold
Dec 3, 2024
Billionaire Teddy Sagi closes on $24M Miami Beach teardown in Miami Beach
Estate spans 1.4 acres with 158 ft of waterfront, as deal signals “bigger is better” mentality among ultra-luxury buyers
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 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 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 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
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
Tishman Speyer, Mitsui Fudosan get $85M construction loan for OC project
Two warehouses will rise at Bake Freeway Business Park in Irvine
Dec 3, 2024
Annie Leibovitz sells 65-acre Bay Area farm for $8.45M
Photographer planned to move to California, but “things don’t always go as planned”
Dec 3, 2024
Macy’s faces “anemic” market for SF flagship in Union Square
Low demand for big-box retail may push chain to offer seller financing or delayed sale
Dec 3, 2024
Frayed office sale undercuts optimism in SF’s Jackson Square
Delinquent $14M loan, sour deal indicate distress in one of city’s best-performing markets
Dec 3, 2024
Kylli shifts to residential at 2,600-unit urban village in Santa Clara
City Council favors plan for more housing, less office to boost “vibrancy” of project
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
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
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 3, 2024
Another buyer backs out of redevelopment offering in suburban Lisle
City is offering incentives up to $10.5 million, but viable plan hasn’t emerged
Dec 3, 2024
Ad firm doubles office space with Merchandise Mart sublease
Highdive moving to Vornado trophy asset
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
Dec 2, 2024
Pillar erases debt on Richardson office with all-cash recap deal
Borrowed $14.5M to buy Collins Square in 2014
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
Dec 3, 2024
Ready Capital to acquire residential lender in $181M deal
Irving-based REIT United Development Funding IV has troubled history
Dallas
Dec 3, 2024
Colossal multifamily refinancing frees up NexPoint REIT
Restructured 34 loans in $1.5 billion deal via JP Morgan Chase
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
Washington D.C.
Dec 3, 2024
Historic DC church appears poised for redevelopment
Dila Development & Construction files condo plan next door
Seattle
Dec 3, 2024
Alexandria adds to “mega” life science project in Seattle
REIT to spend $280M to redevelop utility building in conjunction with R&D campus
San Francisco
Dec 3, 2024
Annie Leibovitz sells 65-acre Bay Area farm for $8.45M
Photographer planned to move to California, but “things don’t always go as planned”
South Florida
Dec 3, 2024
Billionaire Teddy Sagi closes on $24M Miami Beach teardown in Miami Beach
Estate spans 1.4 acres with 158 ft of waterfront, as deal signals “bigger is better” mentality among ultra-luxury buyers
San Francisco
Dec 3, 2024
Kylli shifts to residential at 2,600-unit urban village in Santa Clara
City Council favors plan for more housing, less office to boost “vibrancy” of project
South Florida
Dec 3, 2024
Sean Hannity drops $24M on waterfront Manalapan mansion
Fox News host announced he was done with New York and moved to Florida earlier this year
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%
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New York
Dec 4, 2024
Can up-and-comer Amir Shriki pull off value-add under good cause?
Aya Acquisitions picked up UES multifamily for $45M with plans to renovate
Texas
Dec 3, 2024
Ready Capital to acquire residential lender in $181M deal
Irving-based REIT United Development Funding IV has troubled history
Dallas
Dec 3, 2024
Colossal multifamily refinancing frees up NexPoint REIT
Restructured 34 loans in $1.5 billion deal via JP Morgan Chase
San Francisco
Dec 3, 2024
Frayed office sale undercuts optimism in SF’s Jackson Square
Delinquent $14M loan, sour deal indicate distress in one of city’s best-performing markets
Tri-State
Dec 3, 2024
American Dream owners trying to claw back $183M
Don Ghermezian’s Triple Five Group claims East Rutherford is taking too much
Chicago
Dec 3, 2024
Ad firm doubles office space with Merchandise Mart sublease
Highdive moving to Vornado trophy asset
Chicago
Dec 3, 2024
Another buyer backs out of redevelopment offering in suburban Lisle
City is offering incentives up to $10.5 million, but viable plan hasn’t emerged
South Florida
Dec 3, 2024
Related, Dezer score approval for Rosewood Residences in Hillsboro Beach after nabbing $307M loan
92-unit oceanfront condo project is more than 50% presold
Texas
Dec 3, 2024
Oilman’s investment firm grabs acreage in path of tollway expansion
Ben Weber Jr.’s Texas Republic Management bought a piece of Double Platinum Ranch
Washington D.C.
Dec 3, 2024
Historic DC church appears poised for redevelopment
Dila Development & Construction files condo plan next door
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