Soloviev sweetens NYC gambling license bid with equity for residents
City residents could grab up to 12% of initial public equity raised for mega project
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Commercial
New York
“I trust Jona”: Mayweather defends associate accused of theft by former business connections
Convicted felon Jona Rechnitz is key piece of Vada Properties, according to the former boxer
Residential
Los Angeles
State Farm approved for 17% rate hike amid California “insurance crisis”
S&P calls out “underperformance” in dishing out ratings downgrade
Residential
Dallas
Apollo’s $1.2B buyout takes Landsea Homes private
Dallas homebuilder to merge with Apollo-owned New Home Company in Irvine
Commercial
New York
Tides guys owe Starwood $27M, personally
Court ruled principals breached recourse guarantees on pair of loans
Commercial
New York
Josh Schuster released on $2M bail
Disgraced developer to be arraigned on fraud charges in NYC Friday
Development
Chicago
CA Ventures surrenders more property near potential Bears stadium
Deed in lieu, judicial sale ends developer’s ownership in latest blunders as market dropoff burns bet on possibly neighboring NFL facility
Commercial
National
Silicon Valley investor sues Brookfield for fraud, attempted bribery
Plaintiff claims company improperly capped investments after pandemic losses
Development
New York
NYC taps developers for largest mass timber resi project
Artimus, Phoenix Realty Group will build 500 units on Staten Island
May 14, 2025
Chetrits ink extension with Rialto on $95M loan
Chetrit Organization continues to work out problem loans
May 14, 2025
Soloviev sweetens NYC gambling license bid with equity for residents
City residents could grab up to 12% of initial public equity raised for mega project
May 14, 2025
MTA moves to build apartments above Second Ave subway extension
Transit authority plans to rezone area, calls for developer to build 684 units in East Harlem
May 14, 2025
Fanatics scores 54K sf lease in NYC’s Hudson Square
Digital sports platform adding to growing Manhattan footprint
May 14, 2025
The Daily Dirt: “Have you no shame?”
Mamdani pays below-market rent, called himself victim
May 13, 2025
Former Brooklyn Heights farmhouse leads borough’s luxury market
Townhouse at 104 Willow Street last asked just under $12M
May 14, 2025
Live Local developers eye outcome of civil lawsuits and latest bill
Florida Legislature unanimously passed developer-friendly amendments to the workforce housing law
May 14, 2025
Edens pays $51M for Broward County shopping center with a big box vacancy
Columbia, South Carolina-based firm picked up property that recently lost Office Depot as tenant
May 14, 2025
That’s a wrap: Frozen burrito inventor drops $49M on oceanfront Palm Beach mansion
Duane Roberts scooped up 9,100 sf house after it hit the market for $54.9M in February
May 14, 2025
D.R. Horton proposes 190 townhouses, 57 single-family homes in south Miami-Dade
26-acre assemblage consists of 10 lots
May 14, 2025
Oceanfront Lost Tree Village estate in North Palm Beach sells for record $55M
Seller, Canadian baby products mogul Maurice Pinsonnault, bought mansion for $32M last year, is downsizing to nearby home
May 14, 2025
Palm Beach County lands $67M weekly condo sales, led by $6M Breakers unit
Average price and price psf rose from previous week
Videos
Disgraced Silverback founder Josh Schuster charged with defrauding investors #shorts
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Mayor Eric Adams boasts real estate chops to the industry, touts 1,200-unit Brooklyn housing project
2025 NYC TRD Forum Power Breakfast featuring the cast of Netflix's 'Owning Manhattan'
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Will developer Rick Caruso get LA back on track?
Inside TRD's April 2025 magazine: Rialto vs. Signature borrowers, Broward's investment boom & more
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Turning up the heat on the private listing cold war
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May 14, 2025
Feds to sell landmark Spring Street Courthouse in DTLA
17-story Art Moderne building listed for “accelerated disposition” in Civic Center
May 14, 2025
Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood
12-acre studio would include 90K sf of soundstages, 80K sf of production offices
May 14, 2025
Eaton fire victims, others claim insurance adjuster stole repair money
State, class-action lawsuits accuse Aleksandr Guldshtadt, related companies of failing to complete home repairs
May 13, 2025
State Farm approved for 17% rate hike amid California “insurance crisis”
S&P calls out “underperformance” in dishing out ratings downgrade
May 13, 2025
Optimus scores $22M refinancing for South LA shopping center
Loan works out to double what some premium offices trade for in DTLA
May 13, 2025
Landmark, Stockbridge drop $100M for student housing properties near USC
Companies’ university apartment portfolio grows with latest acquisition
May 14, 2025
Kayne Anderson, JDL eyeing south side of Lincoln Yards as JP Morgan exits
Jim Letchinger’s firm is set to control all 53 acres of troubled $6B Chicago megaproject while negotiating with Bank OZK, JP Morgan Asset Management
May 14, 2025
Long-vacant Trump Tower retail gets leasing push
70K sf of riverwalk space empty since building was delivered in 2009
May 14, 2025
Illinois’ “crime-free housing” laws evict tenants for 911 calls
Landlords forced to throw out residents even when no crimes are charged
May 13, 2025
Gold Coast hotel trades in tough deal for seller
Interwest Capital Group unlikely to have recouped much, if any, investment in renovations
May 14, 2025
Local TV show “The Listing” gives inside look at luxury real estate
Broker Carrie McCormick will show off high-end offerings, architecture
May 14, 2025
Authentix McHenry snapped up in steaming suburban multifamily market
Continental Properties developed high-end apartments in 2023
May 14, 2025
SF landlord sues Getaround for breaking $3.6M lease termination deal
Brick & Timber accuses car-sharing platform of skirting monthly payments since January
May 14, 2025
Hines nabs luxury apartment complex in San Jose’s Santana Row for $74M
Deal for 108-unit complex built in 2011 works out to $684K per unit
May 13, 2025
State Farm approved for 17% rate hike amid California “insurance crisis”
S&P calls out “underperformance” in dishing out ratings downgrade
May 13, 2025
Sam Hirbod-led group loses Signia by Hilton San Jose hotel to foreclosure
BrightSpire Capital takes ownership of downtown hotel after Hirbod fails to pay $134M loan
May 13, 2025
SF’s head planner to step down, hopes to meet 36K-home rezoning target first
Planning Director Rich Hillis has served city for quarter century
May 13, 2025
Famed VC sells “house that Apple bought” in Presidio Heights for $19M
C. Richard Kramlich died just before the home went into contract in February
Dallas
May 13, 2025
Apollo’s $1.2B buyout takes Landsea Homes private
Dallas homebuilder to merge with Apollo-owned New Home Company in Irvine
Dallas
May 13, 2025
Stillwater’s tech hub in Allen attracts HVAC firm headquarters
Lease brings 121 Tech Park, delivered last year, to 50 percent occupied
Dallas
May 13, 2025
What position does NFL legend Emmitt Smith play in real estate?
NFL’s all-time leading rusher spoke to The Real Deal on the Real Estate Gala’s red carpet
Houston
May 13, 2025
Booming Texas Medical Center spurs multifamily development
Winther Investments bought 2.1 acres for mixed-use development aimed at healthcare and laboratory workers
Houston
May 14, 2025
Aramco’s downtown lease renewal boosts Brookfield’s Allen Center
Saudi oil giant’s re-up adds to its leasing streak
Austin
May 14, 2025
Another creative office play pops up amid slow development pipeline
St. Elmo targeted for three small office buildings, under construction by California-based Redcar Properties
Apr 21, 2025
Window may be closing on Opendoor as it faces delisting
iBuying operation has been trading below $1 since April 11
Apr 21, 2025
Big chunk of Moshe Silber’s sprawling portfolio heads to auction
Multifamily investor was sentenced to 30 months in prison for role in mortgage fraud scheme
Apr 20, 2025
More Fannie Mae departures as turmoil continues
Tal Alexander tries to call the shots from prison, Larry Silverstein drops his $3.7 billion federal funding bid for 2 WTC and more national news from this week
Apr 18, 2025
Robert Reffkin goes NAR activist investor
Compass exec publicly tangles with MLSs in campaign against CCP
Nashville
May 14, 2025
Sticker shock leads Nashville to tighten appraisal cycle
Change to three-year appraisals follows 45% spike in median values
May 14, 2025
St. Paul further weakens rent control as new construction plummets
Midwest city exempting new building projects from ordinance
Chicago
May 14, 2025
Local TV show “The Listing” gives inside look at luxury real estate
Broker Carrie McCormick will show off high-end offerings, architecture
South Florida
May 14, 2025
That’s a wrap: Frozen burrito inventor drops $49M on oceanfront Palm Beach mansion
Duane Roberts scooped up 9,100 sf house after it hit the market for $54.9M in February
South Florida
May 14, 2025
Oceanfront Lost Tree Village estate in North Palm Beach sells for record $55M
Seller, Canadian baby products mogul Maurice Pinsonnault, bought mansion for $32M last year, is downsizing to nearby home
San Francisco
May 14, 2025
Hines nabs luxury apartment complex in San Jose’s Santana Row for $74M
Deal for 108-unit complex built in 2011 works out to $684K per unit
Los Angeles
May 14, 2025
Eaton fire victims, others claim insurance adjuster stole repair money
State, class-action lawsuits accuse Aleksandr Guldshtadt, related companies of failing to complete home repairs
National
May 14, 2025
Mortgage lender Lower acquiring Movoto, OJO Labs
Movoto was one of the top real estate portals last year
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Los Angeles
May 14, 2025
Feds to sell landmark Spring Street Courthouse in DTLA
17-story Art Moderne building listed for “accelerated disposition” in Civic Center
Los Angeles
May 14, 2025
Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood
12-acre studio would include 90K sf of soundstages, 80K sf of production offices
San Francisco
May 14, 2025
SF landlord sues Getaround for breaking $3.6M lease termination deal
Brick & Timber accuses car-sharing platform of skirting monthly payments since January
Chicago
May 14, 2025
Authentix McHenry snapped up in steaming suburban multifamily market
Continental Properties developed high-end apartments in 2023
Nashville
May 14, 2025
Sticker shock leads Nashville to tighten appraisal cycle
Change to three-year appraisals follows 45% spike in median values
Chicago
May 14, 2025
Distressed former Brookfield office building listed as value drops
CMBS trust relisted historic 175 West Jackson after foreclosure
Austin
May 14, 2025
Another creative office play pops up amid slow development pipeline
St. Elmo targeted for three small office buildings, under construction by California-based Redcar Properties
South Florida
May 14, 2025
D.R. Horton proposes 190 townhouses, 57 single-family homes in south Miami-Dade
26-acre assemblage consists of 10 lots
New York
May 14, 2025
MTA moves to build apartments above Second Ave subway extension
Transit authority plans to rezone area, calls for developer to build 684 units in East Harlem
South Florida
May 14, 2025
Live Local developers eye outcome of civil lawsuits and latest bill
Florida Legislature unanimously passed developer-friendly amendments to the workforce housing law
Chicago
May 13, 2025
Mayor’s “cut-the-tape” effort inept for affordable housing developers
Review timelines slashed in half; affordable housing approvals still among gripes
South Florida
May 13, 2025
Keystone proposes 477-unit Live Local Act project in Fontainebleau
At least 40% of apartments will be for households earning up to 120% of AMI