7M sf of Manhattan office space have disappeared. Here’s how
Conversions help shrink oversupply
Top stories
Get the latest
Real Estate news
Real Estate news
Headlines delivered weekly
Commercial
New York
Fortress can come after Charles Cohen for $187M guaranty, court rules
Lender must wait for $534M foreclosure auction to close to collect
Development
New York
Kushner unloads yet another East Village portfolio for $38M
CEO Laurent Morali: Environment in NYC “has become inhospitable”
Magazine
National
Can Compass keep the wins coming?
Resi giant notched its first profit, but high liabilities and shaky cash position could dampen its future
Residential
South Florida
Isaac Lustgarten exits Alexanders’ Official, joins Corcoran
What's left for the embattled firm?
Commercial
New York
15 and counting: Rialto files to foreclose on another Signature Bank borrower
Servicer’s suits allege $300M in defaults on failed bank’s loans
Magazine
Dallas
Wall to Y’all: Can Dallas’ $1B transformation give NYC a run for its money?
Developers believe the Texas city can become the nation's new financial hub
Magazine
Los Angeles
LA’s top contractors find work in sleepy market
Hensel Phelps Construction, Toll Brothers lead rankings as infrastructure projects buoy Los Angeles
Magazine
National
Tides’ turnaround strategy: total transparency
The embattled syndicator needs to resell itself to lenders and investors. Can it do so by copping to its mistakes?
Oct 9, 2024
Google renews 300K sf at Vornado/Related building
Search giant stays at 85th 10th Avenue, maintaining huge presence on West Side
Oct 9, 2024
7M sf of Manhattan office space have disappeared. Here’s how
Conversions help shrink oversupply
Oct 8, 2024
How one developer is selling Brooklyn townhouses for eight figures
Eckstrom’s husband and wife duo are snapping up vacant multifamily properties and converting them into massive townhouses
Oct 9, 2024
The Daily Dirt: Council says City of Yes is not enough
Speaker Adrienne Adams pledges to do more on housing
Oct 9, 2024
Primark picks Vornado property in Herald Square for first Manhattan location
Irish fashion retailer leasing 79K sf at 150 West 34th Street, former Old Navy store
Oct 9, 2024
Samson suffers $44M loss on Gowanus office sale
Pearl Realty picks up 92 Third Street for $29.5M
Oct 8, 2024
Damage from hurricanes Helene, Milton could top $200B
Tampa Bay region is bracing for the 1-in-100-year event, as South Florida faces tropical storm conditions
Oct 8, 2024
Elliott completes Brickell office tower purchase for $443M, solidifying the hedge fund’s position as major South Florida player
Paul Singer’s firm acquired 701 Brickell, a 33-story office high-rise, from Nuveen Real Estate
Oct 8, 2024
That’s hot: Hiltons expanding brokerage to Palm Beach amid market boom
East coast arrival comes less than a year after Hilton Hilton launch in Beverly Hills
Oct 8, 2024
Site Centers offloads another South Florida retail property, selling Boynton Beach shopping center for $31M
DRA Advisors bought The Village Square at Golf, anchored by kosher grocery store KC Market
Oct 9, 2024
Oil heiress sells Manalapan mansion for $16M, as tony enclave heats up
Estate spans 1.7 acres, 150 ft of oceanfront and 150 ft of Intracoastal Waterway
Oct 9, 2024
Murano at Portofino closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.3M to $6.9M
Oct 8, 2024
Beverly Park French Chateau listed at $48.5M tops LA contract list
Countywide, luxury volume picked up last week to $208M, according to weekly report
Oct 8, 2024
Former LA Deputy Mayor Raymond Chan gets prison time for bribery
Last defendant in City Hall corruption scheme led by José Huizar sentenced to 12 years
Oct 8, 2024
Noodle maker beats appeal to expand ramen plant in Irvine
Maruchan’s industrial building will add three more production lines for fast-cook fare
Oct 8, 2024
Allegro Capital moves ahead on 41-unit complex in Glendale
Six-story building would stand a block from a Metrolink station with access to DTLA
Oct 9, 2024
Aflalo unveils look of Beverly Hills project on Pavilions site
Builders’ remedy apartment building with 110 units would include a 16K sf supermarket
Oct 7, 2024
Ghost kitchen accuses Brookfield of water damage in DTLA basement
City Storage sues for $5M over alleged pools and mold under Subway Terminal Building
Oct 8, 2024
CBRE snags top Bay Area life science agents from Newmark
Mary Hines and Jennifer Vergara to serve as vice chairs in “supply glut” sector
Oct 8, 2024
AI specialist brokerage Raise Commercial acquired by JLL
SF startup beat bigger competitors in landing office deals for OpenAI and Anthropic
Oct 7, 2024
Black-led group renegotiates purchase of Oakland Coliseum for $125M
African American Sports & Entertainment Group will speed up payment plan with city
Oct 8, 2024
Seller lops $6M off price of mansion on SF’s Billionaires’ Row
Family behind Weyerhaeuser lumber fortune seeks $32M for former priciest listing in town
Oct 9, 2024
Hines fund buys San Francisco apartment complex for $38M
Oct 7, 2024
Z&L project pivots from for-sale condos to rentals in San Jose
Developer of twin 320-unit towers seeks income stream while juggling multiple lawsuits
Oct 8, 2024
Prologis sorts out portfolio with suburban warehouse sales
Amstar Group paid $106M for assets in Naperville and Romeoville
Oct 7, 2024
Brokers accused of RICO scheme, allegedly defrauding resi investors
Thirteen lawsuits accuse Laurena Mikosz, Marcin Chojnacki of luring buyers through social media ads, lying about property
Oct 8, 2024
Harrison Street raises $2.5B for student housing, data centers
Chicago-based firm already deployed 70% of capital on in-demand asset classes
Oct 8, 2024
Bleeding continues in downtown Chicago office market
Vacancy rate is flat, but more pain is coming, according to CBRE
Oct 9, 2024
Rialto seeks buyer for distressed Rolling Meadows office complex
Rubenstein Partners, Glenstar defaulted on $85M securitized mortgage last year
Oct 7, 2024
Lakefront mansion asks $11M amid suburban luxury’s hot streak
Glencoe home would be most-expensive in five years at that price
Dallas
Oct 2, 2024
Wall to Y'all: Can Dallas' $1B transformation give NYC a run for its money?
Developers believe the Texas city can become the nation's new financial hub
San Antonio
Oct 8, 2024
Blueprint Hospitality’s office-to-hotel conversion drowns in debt
Alleged water damage, loan defaults at center of foreclosure lawsuit
Fort Worth
Oct 7, 2024
S2 Capital protégé brings $59M multifamily to North Richland Hills
Cover2 Capital’s first project, Wheelhouse, will have 10K sf of retail in Fort Worth suburb
Fort Worth
Oct 8, 2024
Google snaps up another 1.1M sf in rapid Texas expansion
Lease in Majestic Realty’s Silver Creek Business Park is part of broader plan to invest $1B into cloud storage and data centers across state
Houston
Oct 8, 2024
Will Houston hike property taxes amid financial strains?
Natural disasters allow cities to bypass state laws limiting rate increases, but Mayor John Whitmire isn’t going for that
San Antonio
Oct 8, 2024
Nursing college takes full-building lease of former USAA location
Plans $15.5 million renovation in hot northwest submarket
Oct 7, 2024
Hurricane Helene victims face second shock: denial of insurance claims
Coverage restrictions, dearth of separate flood policies spell trouble
Oct 7, 2024
eXp hops onboard brokerage settlement train
Brokerage paying $34M to settle commission suits
Oct 5, 2024
Punishment dealt to accused Australian real estate saboteur
Roger Agha allegedly changed contact info of hundreds of clients before exiting brokerage
Nashville
Oct 7, 2024
Builder brings Austin modern chic to growing Nashville luxury market
Sett Studio plans 10 homes in Green Hills with prices starting at $3.5M
Las Vegas
Oct 8, 2024
Las Vegas leads the US in new home listings growth
Owners want to sell, prompting year-over-year 12.8% uptick in homes on the market
Philadelphia
Oct 8, 2024
KKR buys Philly warehouse from Dov Hertz for $83M
Distribution warehouse leased to TJMaxx parent company
Los Angeles
Oct 9, 2024
Aflalo unveils look of Beverly Hills project on Pavilions site
Builders’ remedy apartment building with 110 units would include a 16K sf supermarket
San Francisco
Oct 9, 2024
Hines fund buys San Francisco apartment complex for $38M
South Florida
Oct 9, 2024
Oil heiress sells Manalapan mansion for $16M, as tony enclave heats up
Estate spans 1.7 acres, 150 ft of oceanfront and 150 ft of Intracoastal Waterway
South Florida
Oct 9, 2024
Murano at Portofino closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.3M to $6.9M
Los Angeles
Oct 8, 2024
Allegro Capital moves ahead on 41-unit complex in Glendale
Six-story building would stand a block from a Metrolink station with access to DTLA
Tri-State
Oct 8, 2024
Off-market $10M deal breaks North Fork record this year
Mattituck waterfront cottage sold for double the price of hamlet’s top sale
Upcoming Events
South Florida Forum
Mana Wynwood
The Real Deal’s Podcast
Deconstruct
The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Chicago
Oct 9, 2024
Rialto seeks buyer for distressed Rolling Meadows office complex
Rubenstein Partners, Glenstar defaulted on $85M securitized mortgage last year
New York
Oct 9, 2024
Primark picks Vornado property in Herald Square for first Manhattan location
Irish fashion retailer leasing 79K sf at 150 West 34th Street, former Old Navy store
New York
Oct 9, 2024
Samson suffers $44M loss on Gowanus office sale
Pearl Realty picks up 92 Third Street for $29.5M
New York
Oct 9, 2024
Google renews 300K sf at Vornado/Related building
Search giant stays at 85th 10th Avenue, maintaining huge presence on West Side
Chicago
Oct 8, 2024
Harrison Street raises $2.5B for student housing, data centers
Chicago-based firm already deployed 70% of capital on in-demand asset classes
Los Angeles
Oct 8, 2024
Noodle maker beats appeal to expand ramen plant in Irvine
Maruchan’s industrial building will add three more production lines for fast-cook fare
San Antonio
Oct 8, 2024
Blueprint Hospitality’s office-to-hotel conversion drowns in debt
Alleged water damage, loan defaults at center of foreclosure lawsuit
Tri-State
Oct 8, 2024
New Adirondacks resort “thriving,” but owner puts it on market
$13M listing aims to attract investor to expand upstate hospitality venture
Fort Worth
Oct 7, 2024
S2 Capital protégé brings $59M multifamily to North Richland Hills
Cover2 Capital’s first project, Wheelhouse, will have 10K sf of retail in Fort Worth suburb
Austin
Oct 7, 2024
Streamline to bring resi, groceries to fast-growing Kyle
Austin-based developer plans hundreds of residences, including affordable housing near Austin suburb’s downtown
South Florida
Oct 7, 2024
P6 enters Miami-Dade market after paying $16M for dev site near Aventura Mall
Boca Raton-based firm is planning mixed-use project with 210 apartments and 13K sf of offices
Chicago
Oct 7, 2024
Related Midwest’s quantum computing development is Chicago’s biggest
440-acre campus would be site of PsiQuantum’s attempt to make the world’s biggest quantum computer