Joel Schreiber avoids prison after providing 18,000 documents to Starwood
Judge said Schreiber tried to comply with court, but Starwood alleges he’s moving money
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Commercial
National
Darwinism will decide future of remote work
Lots of carnage for real estate, few conclusions for businesses
Residential
Los Angeles
LA brokers find rentals for fire victims through pocket listings
Agent: “People often don’t realize that there are many unlisted rental properties available”
Magazine
National
RIP, virtual real estate: The rise and fall of the Metaverse
Top brokers, landlords seized on the metaverse, a tech fad that burned hot and fast for real estate
Lifestyle
New York
Ringing in 2025 at REBNY
The industry hob-nobbed at the Liar’s Ball — and still made it to bed by 10 pm
Politics
New York
Adams stopped by REBNY gala en route to Trump meeting at Mar-a-Lago
Hochul to industry: To fill up your buildings, we must improve subway safety
Residential
Los Angeles
Needle for estimated LA fire damages swings from $50B to $275B
Forecasters face off with Beacon Economics and AccuWeather at ends of the spectrum
Commercial
Tri-State
Mark Nussbaum shuts down his law firm
Embattled attorney facing escrow account concerns, new filings showing definitive link to Mendel Steiner
Marketing
National
Top investors, developers, architects and more confirmed to speak at Future City
VC Brendan Wallace, developer Danny Haber, architect Robert Fuller and more will join three-day gathering for networking and dealmaking
Jan 21, 2025
Joel Schreiber avoids prison after providing 18,000 documents to Starwood
Judge said Schreiber tried to comply with court, but Starwood alleges he’s moving money
Jan 21, 2025
Platinum Properties co-founder takes over as CEO
Dezireh Eyn elevated to top job as Khashy Eyn shifts focus to commercial
Jan 21, 2025
Sagehall joins RXR as equity partner at 530 Fifth Avenue
Owners recapitalize office space with $180M
Jan 20, 2025
Beyond Trump Org: Real estate players and plans in Trump's second term
Eyes on industry-heavy cabinet, housing and economic policies in White House return
Jan 21, 2025
APF defaults on another WeWork-less office building
Firm has wiggled out of distress on other problem assets
Tri-State
Jan 21, 2025
Ritzy Montauk Resort was a pandemic winner — until Loyd Goldman’s $217M default
BLDG Management head failed to secure extension on $217M loan
Jan 21, 2025
Adam Neumann’s Flow lands El Portal dev site with $71M winning auction offer
Multifamily development firm outbid Miami-based Melo Group for former trailer park tied to alleged EB-5 fraud
Jan 21, 2025
AEW buys 424-unit senior living complex in Wellington for $100M
Ares Management and ZRS Management sold the property
Jan 21, 2025
Former financier sells Venetian Islands home for $23M
Scott Reynolds built 5K sf house in 2020
Jan 20, 2025
Second time’s a charm: Oak Row’s rental tower near MiamiCentral scores approval, after failing on first try
Developer and ODP Architects scrapped arches at podium and highlighted the historic Salvation Army Citadel building on the site
Jan 21, 2025
Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.7M to $15.2M
Jan 20, 2025
Sunny Isles Beach broker pleads guilty to violating Russia-Ukraine sanctions, money laundering
Roman Sinyavsky faces five years in prison and a $1.1M fine
Jan 21, 2025
Brentwood estate on double lot asking $20M tops LA home contracts
Both buyer and seller activity pick up in LA County following holiday lull
Jan 21, 2025
Oaktree Capital lands $240M in C-PACE finance for DTLA office tower
Clean energy tax assessment covers HVAC upgrades to 48-story skyscraper
Jan 21, 2025
Homes & Hope eye affordable housing near Hollywood Burbank Airport
Ventura-based development firm’s $44M project would deliver 60 units to market
Jan 20, 2025
LA brokers find rentals for fire victims through pocket listings
Agent: “People often don’t realize that there are many unlisted rental properties available”
Jan 20, 2025
Bass appoints developer Steve Soboroff to rebuild LA from the ashes
Mayor taps former Police Commission president to create plan for fire-ravaged areas
Jan 20, 2025
Owner wants to stuff granny flats under landmark LA apartments
Allen Gross files paperwork to add ADUs in the basement of building from 1925
Jan 21, 2025
Large employers call San Francisco workers back to the office
City shows 1.6% increase in office visits, remote job postings fall 16% according to study
Jan 21, 2025
Fellow subleases 35K sf headquarters in SF industrial office building
Coffee equipment startup also takes another 14K sf next door
Jan 20, 2025
Vanguard court filings call Red Oak agent poaching suit “meritless”
Response claims East Bay boutique agency is trying to excuse its own mismanagement
Jan 20, 2025
Foxconn unit buys six office buildings in Sunnyvale for $128M
Ingrasys Technology USA pays an estimated $408 psf for 26-acre campus
Jan 20, 2025
JPMorgan Chase to expand office footprint in SF’s Financial District
New York bank to add 60K sf in lease renewal as part of consolidation strategy
Jan 20, 2025
Michael Rosenfeld faces foreclosure of Nob Hill hotel after $105M loan default
Deutsche Bank seeks receiver to safeguard the property, which it alleges is in disrepair
Jan 20, 2025
Discrimination complaints hit 165 agents, brokerages, landlords
Nonprofit accuses Chicagoland brokerages of breaching law meant to protect renters with housing vouchers
Jan 20, 2025
Veteran developers to fill Kinzie Corridor’s midsize industrial void
Range Group, HSA Commercial pick up parcels with plans for buildings totaling 70,000 sf on Near West Side, on tail of big $12M Prologis land purchase next door
Jan 20, 2025
Bulls, Blackhawks owners still buying up land for arena district
Reinsdorf, Wirtz families dropped almost $36 million on parking lots near United Center
Jan 20, 2025
City hall lobbyist caught taking undue tax exemptions, pays back $96K
Cook County Assessor’s office OK’d Armando Saleh’s property-tax exemptions for years
Jan 21, 2025
Clayco’s new CEO guiding firm through data center boom
Anthony Johnson took the helm this month as the Chicago-based construction, development and design giant revealed computing projects as key revenue generator
Jan 20, 2025
HOA fees up 9% with inflation, increasing cost of homeownership
Older buildings with less value have highest fees
Jan 21, 2025
Movers: Pearlstone names Bill Knauss CEO as Robert Lee retires
Jackson-Shaw promotes Grant Pearson; MetroNational names Scooter Hicks president; Texas Realtor associations swear in board presidents
Houston
Jan 20, 2025
Iconic Energy Corridor office building faces foreclosure
Owner Gemini Rosemont defaulted on $30.9 loan from Voya
Dallas
Jan 20, 2025
Walton Global sells acreage south of Dallas in latest big Texas deal
Land between Cedar Hill and Midlothian slated for 800-home development
Jan 14, 2025
Real Estate proposals to watch in this year’s Texas Legislature
Biennial legislative session opens today, with proposals on property taxes, price disclosure, foreign buyers and corporate landlords
Fort Worth
Jan 21, 2025
Hoque Global misses deadline for Mansfield downtown project
Third of firm’s public projects criticized for delays
San Antonio
Jan 21, 2025
Ready Capital takes historic buildings at foreclosure auction
Craig Glendenning tried to hang on with rejected plans for a temporary RV park to generate revenue
Jan 16, 2025
Fifth Wall CEO: Three signs proptech’s pain is ending
Brendan Wallace on what went wrong and why property technology will emerge stronger
Las Vegas
Jan 15, 2025
LA fires could send displaced residents flocking to nearby Las Vegas
Influx likely to put pressure on tight housing market in Nevada, experts say
Jan 15, 2025
Compass stock jumps 20% as it raises outlook
Company added 650 principal agents organically in the fourth quarter of 2024
Jan 14, 2025
Top investors, developers, architects and more confirmed to speak at Future City
VC Brendan Wallace, developer Danny Haber, architect Robert Fuller and more will join three-day gathering for networking and dealmaking
Jan 21, 2025
WaFd Bank joins exile from residential mortgage business
Seattle-based bank follows firms like Ally Financial in bowing out of loan originations
Jan 21, 2025
Trump administration could sell two-thirds of federal office portfolio
“Buildings will sell for 30 cents on the dollar. There will be a dramatic reset on property values.”
South Florida
Jan 21, 2025
Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.7M to $15.2M
National
Jan 21, 2025
WaFd Bank joins exile from residential mortgage business
Seattle-based bank follows firms like Ally Financial in bowing out of loan originations
Los Angeles
Jan 21, 2025
Brentwood estate on double lot asking $20M tops LA home contracts
Both buyer and seller activity pick up in LA County following holiday lull
National
Jan 21, 2025
Trump administration could sell two-thirds of federal office portfolio
“Buildings will sell for 30 cents on the dollar. There will be a dramatic reset on property values.”
New York
Jan 21, 2025
Platinum Properties co-founder takes over as CEO
Dezireh Eyn elevated to top job as Khashy Eyn shifts focus to commercial
Texas
Jan 21, 2025
Movers: Pearlstone names Bill Knauss CEO as Robert Lee retires
Jackson-Shaw promotes Grant Pearson; MetroNational names Scooter Hicks president; Texas Realtor associations swear in board presidents
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New York
Jan 21, 2025
APF defaults on another WeWork-less office building
Firm has wiggled out of distress on other problem assets
Tri-State
Jan 21, 2025
Ritzy Montauk Resort was a pandemic winner — until Loyd Goldman’s $217M default
BLDG Management head failed to secure extension on $217M loan
San Francisco
Jan 21, 2025
Fellow subleases 35K sf headquarters in SF industrial office building
Coffee equipment startup also takes another 14K sf next door
New York
Jan 21, 2025
Sagehall joins RXR as equity partner at 530 Fifth Avenue
Owners recapitalize office space with $180M
Los Angeles
Jan 21, 2025
Oaktree Capital lands $240M in C-PACE finance for DTLA office tower
Clean energy tax assessment covers HVAC upgrades to 48-story skyscraper
San Francisco
Jan 21, 2025
Large employers call San Francisco workers back to the office
City shows 1.6% increase in office visits, remote job postings fall 16% according to study
Chicago
Jan 21, 2025
Clayco’s new CEO guiding firm through data center boom
Anthony Johnson took the helm this month as the Chicago-based construction, development and design giant revealed computing projects as key revenue generator
South Florida
Jan 21, 2025
Adam Neumann’s Flow lands El Portal dev site with $71M winning auction offer
Multifamily development firm outbid Miami-based Melo Group for former trailer park tied to alleged EB-5 fraud
Fort Worth
Jan 21, 2025
Hoque Global misses deadline for Mansfield downtown project
Third of firm’s public projects criticized for delays
Los Angeles
Jan 21, 2025
Homes & Hope eye affordable housing near Hollywood Burbank Airport
Ventura-based development firm’s $44M project would deliver 60 units to market
San Antonio
Jan 21, 2025
Ready Capital takes historic buildings at foreclosure auction
Craig Glendenning tried to hang on with rejected plans for a temporary RV park to generate revenue
South Florida
Jan 20, 2025
Second time’s a charm: Oak Row’s rental tower near MiamiCentral scores approval, after failing on first try
Developer and ODP Architects scrapped arches at podium and highlighted the historic Salvation Army Citadel building on the site