How a multifamily investment ended in neglect, foreclosure and an ICE raid
Behind the downfall 7500 South South Shore Drive, a cautionary tale for landlords and tenants
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Commercial
New York
What really happened in the Fairstead breakup
Judge’s decision details dispute as former employee prevails in suit against firm
Politics
National
5 stages of grief: NYC real estate grapples with the reality of a Mamdani administration
Plus, highlights from TRD’s Miami Forum, Alan Stalcup accused of “cooking the books” and more national real estate news this week
Commercial
South Florida
“I thought I was hot sh*t. I was like 'screw everybody'”: Patrick Carroll
Investor addresses his scandalous past and teases his future at The Real Deal Miami Real Estate Forum
Commercial
Chicago
Inside Namdar community’s very busy year
Long Island real estate clan bargain hunts from Chicago to Bay Area, one branch of family borrows big on East Coast
Residential
New York
Eli Gindi’s South Brooklyn townhouse sells for $32M in borough record
Sale for Gravesend property beats single-family price peak
Commercial
New York
JLL fires top broker who compared Mamdani to Hitler
Scott Panzer fired after making inflammatory comments in office-wide email
Commercial
Phoenix
Five Star seeks bankruptcy to avoid foreclosure in $2B Ritz project
Filing is latest in developer’s legal battle with lender Madison Realty Capital
Brand Studio
Elite brokers join Christie’s International Real Estate Group in the Hamptons, citing luxury appeal and global network
Politics
New York
Can these ballot measures bring housing projects back from the dead?
Developer weigh in on future of project approval process
Ghermezians extend Mall of America’s $1.4B mortgage
Owners added significant new equity and other collateral enhancements
What really happened in the Fairstead breakup
Judge’s decision details dispute as former employee prevails in suit against firm
Eli Gindi’s South Brooklyn townhouse sells for $32M in borough record
Sale for Gravesend property beats single-family price peak
The Daily Dirt: Real estate, sort of, changes its tune on Mamdani
Some industry players soften earlier rebukes for a chance to work with incoming administration
Mamdani panic attack: What if he freezes market-rate rents?
Irrational fear that new mayor could make rent control universal
Bill Pulte teases tech investments by Fannie, Freddie
FHFA director said mortgage giants exploring equity stakes
Here’s what you missed at The Real Deal’s Miami Forum
Thousands gathered to hear industry honchos express confidence in Miami, despite market headwinds
How South Florida is recapturing the international investor
Latin Americans are bullish on buying condos and are shifting their capital into the US via EB-5 and private equity, panelists said at The Real Deal Miami Real Estate Forum
South Florida Condo Reserve Studies Map
Promoting real estate on social media is not about “virality and vanity”
Experts gave their views on how to push properties on the web at The Real Deal Miami Real Estate Forum
Pollster Mark Penn drops $18M on waterfront Miami Beach mansion
11K sf house sold at $5M discount from last asking price
Lease roundup: City Food Hall taking over Time Out Market’s South Beach space
Also, Blu restaurant is on tap on the Miami River
Videos
Elite brokers join Christie’s International Real Estate Group in the Hamptons | A New York Minute
Sam Nazarian on the value of external cultural influences on the personality of #miami
Why are branded condos so popular in #miami ? #shorts
Harvey Weinstein's ex-wife is in trouble on Jane Street #news #realestate
Artefacto's Brazilian furniture turns heads in Manhattan Penthouses | TRD Brand Studio
Dubai's real estate market is hot. Should you invest?
What will become of Panther Island? #news #realestate
These are the #top5 #realestate brokerages in #miami #news
The #miami real estate market is wild. There's only one event that'll help you make sense of it.
Trump is tearing down the East Wing. A local contractor is taking the heat. #news #construction
Cross Atlantic Collaboration: Luximos Christie’s Portugal and Kronos Homes | TRD Brand Studio
Developer Jeff Gural bet on horse racing – and won #realestateinvestment #development #casino
What's happening to Miami's Raleigh hotel? #news #miamibeach #realestate
These cities have the most billionaires #data #wealth
The party's over at the Brooklyn Mirage
How much would you pay to live in the Flatiron Building? #therealdeal #salonseries #realestate
Rap superstar #nickiminaj could lose $20M home over unpaid debt #news #realestate
ICE agents raided this Chicago apartment building. Meanwhile, a real estate battle raged in court
Before there were ceasefire deals, Steve Witkoff was doing real estate deals. #news #realestate
A $63B megaproject was meant to showcase Saudi Arabia's future. Now, top execs are under arrest.
Malibu exception: Boutique hotel deal among priciest in California history
Luxury fashion brand Chrome Hearts purchased oceanfront property for about $2M a room from Dauntless Capital Partners
Focus on TRD Data: Retired MLB star Joey Votto notches $14.4M for Hermosa Beach home
On psf basis, deal surpassed Tim Draper's record-setting $18.5M sale
Rob Lowe closes sale of Beverly Hills contemporary for $4M after price cuts
Franklin Canyon residence sold after listing for $6.6M in July
Tracy Tutor, Hudson Advisory among latest investors in Josh Flagg’s Estate Media
$1M seed round also included Tinder co-founder Justin Mateen
Closure “name of the game” as agents continue work in fire recovery
Checking in with agents as one-year mark looms on Palisades, Eaton fires
Silent distress at OC office campus
Plus, Hudson Pacific Properties’ losses balloon, Lincoln in resi redevelopment and more Southern California commercial real estate news.
Blackstone claims Zurich in office downsizing move to Willis Tower
Insurer’s exit deepens financial woes for 300 South Riverside as only trophy offices stay afloat
Inside Namdar community’s very busy year
Long Island real estate clan bargain hunts from Chicago to Bay Area, one branch of family borrows big on East Coast
Judge orders relocation of tenants at Chicago ICE raid apartments where conditions are “just unbearable"
Judge Debra Seaton also appointed a receiver as the foreclosure process against landlord Trinity Flood moves forward
Chicago Housing Authority narrows CEO search as alderman’s bid stalls
Walter Burnett Jr. overshadowed by other candidates amid HUD questions
Hines buys into Chicago heat, paying $151M for West Loop apartment tower
Houston-based developer acquired 37-story Left Bank complex in second-largest multifamily trade this year
Luxury buyers flock to lakefront amid competitive market
Biggest home sales in Chicago area last month were on Lake Geneva, Lake Michigan shoreline
Pelosi’s exit now puts the spotlight on state Sen. Scott Wiener’s congressional campaign
Wiener’s legislation has reshaped California’s housing policy for the better part of a decade
Multifamily demolition poised to become even more difficult in San Francisco
“Strongest demolition protection” policies in the country poised to become even stronger
Home asks $50M in Atherton, where price cuts of a few million are typical
Ultra-luxury hotspot in San Mateo County is nation’s second-priciest area after Miami-Dade County's Fisher Island
San Ramon’s Bishop Ranch leads Bay Area in RTO rates
Mixed-use neighborhood’s office attendance jumps 13% YoY
Santa Clara data centers gather dust as power delivery lags
Digital Realty, Stack built facilities that might not get full power until 2028
Harrison Street picks up Los Gatos senior housing complex for $54M
Part of $200M deal for six-property senior portfolio
Dallas
Moayedi’s Crespi Estates spec mansion sells after asking $15M
Mehrdad Moayedi development packed list of most-expensive homes in Texas
Which side of Downtown Dallas are you on?
Plus, resi broker for Texas sports stars grom from discreet to viral for sales, Project Marvel’s election wins, and more Texas real estate news
Can historic homes hedge against Texas’ luxury slowdown?
Austin Victorians hold value through market shifts, but teardowns are common in high-end Dallas markets
Texas’ opt-out law reshapes suburban development land rush
Developers leverage ETJ exits to fast-track projects like Aledo’s Dean Ranch as cities scramble to keep pace
Houston
Fannie Mae sues troubled Dallas “value-add” landlord over $77M default
Lender requested receiver, claiming some tenants don’t have running water at Houston apartments
Houston
Houston’s heat linked to 55K acres of vacant pavement, abandoned buildings
Developers have integrated shade, trees and cooler design into projects
GVA and Alan Stalcup “cooking the books,” lawsuit alleges
The Sun Belt syndicator passed off bad debt as assets, plaintiffs claim
CBRE acquires data center service provider for $1.2B
Pearce Services provides design, engineering, maintenance, repair to booming sector
Office buildings are no longer the top resi conversion target
Hotel properties leading the adaptive housing charge
Douglas Elliman loses $25M in the third quarter
Execs tout firm’s independence, development marketing segment
Sonder to file for Chapter 7 bankruptcy, liquidation
Short-term rental operator winding down operations after Marriott breakup
Bill Pulte teases tech investments by Fannie, Freddie
FHFA director said mortgage giants exploring equity stakes
Serbia accelerating Trump-Kushner hotel despite controversy
Lawmakers voted to fast-track $500M development in Belgrade
Saudi Arabia’s ambitious Line project scaled back as costs balloon toward $10T
Planned desert-to-sea mega-city inching along as reality sets in
South Korean government cracking down on real estate fraud
18-member task force born after recent scam raised $1.5M from misled buyers
Italian soccer rivals buy famed stadium for $226M
AC Milan, Inter Milan planning 71,500-seat replacement for San Siro
Canadian court win for native groups sparks property rights panic
Decision grants Cowichan Nation title over 800 acres in metro Vancouver
Singapore real estate asset managers mull merger into $150B giant
Temasek-owned Mapletree, CapitaLand hold properties around globe
South Florida
Pollster Mark Penn drops $18M on waterfront Miami Beach mansion
11K sf house sold at $5M discount from last asking price
New York
Manhattan’s luxury deals thrive following NYC mayoral election
First Flatiron Building contract among five-month high for signed contracts
Los Angeles
Focus on TRD Data: Retired MLB star Joey Votto notches $14.4M for Hermosa Beach home
On psf basis, deal surpassed Tim Draper's record-setting $18.5M sale
Texas
Can historic homes hedge against Texas’ luxury slowdown?
Austin Victorians hold value through market shifts, but teardowns are common in high-end Dallas markets
Chicago
Luxury buyers flock to lakefront amid competitive market
Biggest home sales in Chicago area last month were on Lake Geneva, Lake Michigan shoreline
Los Angeles
Closure “name of the game” as agents continue work in fire recovery
Checking in with agents as one-year mark looms on Palisades, Eaton fires
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The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Houston
Fannie Mae sues troubled Dallas “value-add” landlord over $77M default
Lender requested receiver, claiming some tenants don’t have running water at Houston apartments
San Francisco
Santa Clara data centers gather dust as power delivery lags
Digital Realty, Stack built facilities that might not get full power until 2028
Chicago
Hines buys into Chicago heat, paying $151M for West Loop apartment tower
Houston-based developer acquired 37-story Left Bank complex in second-largest multifamily trade this year
National
Sonder to file for Chapter 7 bankruptcy, liquidation
Short-term rental operator winding down operations after Marriott breakup
New York
Ghermezians extend Mall of America’s $1.4B mortgage
Owners added significant new equity and other collateral enhancements
National
Blackstone retreating from $1.8B senior housing bet
Company taking massive losses compared to purchase price of properties
South Florida
The Weekly Dirt: Mamdani effect on center stage in Miami
Top developers, brokers and billionaires said the shift in New York will bring more wealth to South Florida
Texas
Texas’ opt-out law reshapes suburban development land rush
Developers leverage ETJ exits to fast-track projects like Aledo’s Dean Ranch as cities scramble to keep pace
Texas
Ismaili Center Houston’s $176M investment touted as cultural milestone
Mayor John Whitmire called project “a beacon of light,” in contrast to the reception another Muslim-led development had in Texas
South Florida
“Really not overbuilt”: Multifamily developers say South Florida does not have a supply overhang
Crescent Heights’ Bruce Menin, Oak Row’s Erik Rutter and American Landmark’s Joe Lubeck spoke at TRD’s Miami forum
New York
Luxury developer plans 197 rental units at former Chelsea church site
Timber Equities closed on four-building site for $48.5M in August
South Florida
“Built on cash”: How developers survive the squeeze in Miami
Dan Kodsi, Brad Meltzer addressed collapse fears, projects tied up in litigation