The Closing: Meet Neda Navab
Compass's new president on leading the country's largest brokerage and life outside work
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Commercial
New York
David and Michael Shabsels’ summer camp empire files for bankruptcy
Owners of Camp Blue Star, Mohawk Day Camp put over two dozen camps into bankruptcy after Israeli bond default
Development
Chicago
Bears punt on Chicago, will move to Indiana
Team shifted focus to Hammond’s taxpayer-backed proposal, putting its western Chicagoland ambitions on ice
Magazine
New York
Behind the Hamptons’ inventory mirage
When prime properties don't list, agents manifest off-market deals
Magazine
Chicago
How Savas Er saved Mag Mile
Self-made Turkish-born investor worked his way up from distressed suburban strip malls to Chicago’s premiere shopping corridor
South Florida
South Florida Realtor, children, ex-husband found dead in Doral home
Probate specialist Melanie Hyer and her family were stabbed to death in apparent murder-suicide
Magazine
National
Developers: doing it for the fee
Failed investments, profitable for the sponsor, spotlight misaligned incentives
Commercial
Chicago
Cresa CEO Ray Anderson talks raising capital, AI and weaponizing brokerage conflicts
Newly hired Chicago-based brokerage head opens up on M&A strategy, poaching rival brokers and the firm's new Cresa Core tech platform
Brand Studio
TRD Publisher Amir Korangy takes stylish ride to NYC Forum courtesy of Paul Miller Auto Group
From Paramus to Chelsea with class
Commercial
National
The Real Deal nabs top awards at annual NAREE conference
National Association of Real Estate Editors honors website, magazine, videos
Lawmakers urge FTC scrutiny of real estate marketplaces
Reps. McClellan, Beyer claimed referral fees may harm consumers
Summer camp empire stopped making payments shortly after $195M raise in Israeli bond market
NY-based David and Michael Shabsels, owners of Camp Blue Star and Mohawk Day Camp, transferred $34M to themselves and won’t return it
Tri-State
Fairfield home sets non-waterfront record with $12M sale
Custom-built home snags peak deal as prices skyrocket
The Daily Dirt: Electrical fires surge after rent law
Cap on major capital improvements puts buildings at risk
What the NY AG’s antitrust investigation could mean for Compass
Breaking down the state’s probe & more in notes from a resi reporter
In Bay Ridge, impossible to build becomes impossible to stop
New leverage will let BWH bring hundreds of homes to NIMBY neighborhood
Is South Florida’s branded condo boom reaching its limit?
Expensive marketing without real value dooms brands and buyers to disappointment
13th Floor, Key International launch sales of Nobu tower with $1B in reservations
Branded condo high-rise will be built on bayfront portion of historic church site
South Florida Realtor, children, ex-husband found dead in Doral home
Probate specialist Melanie Hyer and her family were stabbed to death in apparent murder-suicide
Looksmaxxing influencer Clavicular rents downtown Miami penthouse
LLC led by Dan Kodsi owns the Paramount Miami Worldcenter condo
Live Local Act megaproject developer sued again – by someone he says he’s never met
Pablo Castro plans a roughly 4K-unit complex in West Little River, the largest in Miami-Dade under the state affordable/workforce housing law
Casino mogul picks up $36M mansion next to his Fort Lauderdale home
Hard Rock executive James F. Allen and wife bought waterfront property in off-market sale
Videos
Rats vs. Donna Karan: West Village store sues over infestation
Here's who wins in Mamdani's housing plan
Trump helped Paxton win. Can he do the same for Spencer Pratt?
Floyd Mayweather's real estate lawsuit explained, inside the RED Awards, and more | Deconstruct
CEO at 37, 1 hour to decide: Stephen Siegel on the phone call that changed his life
Inside the RED Awards, real estate's "Hustler's Ball"
How building real estate in California KILLED one of Euphoria's main characters | Reel Estate
Christie’s International Real Estate Group brings the Dominican Republic to NYC with Gran Cosón
Roy Stillman and Christie’s International Real Estate Group take you to The Atlantic Club Residences
Can Mamdani fix New York housing?
Inside the Mind of a Mega Broker: Stephen Siegel on CBRE, ESG & Billion-Dollar Deals | Coffee Talk
Inside the mind of Charney Companies COO Justin Pelsinger | Capital Confidential
Why mortgage rates could get worse under Trump’s new Fed chair
NYC's most controversial housing bill is back
America’s housing hangover has arrived
How an $84K broker fee became a $48M punishment
From private jets to federal charges: The fall of ‘Big Bizzneesss’
Richard LeFrak’s $4 BILLION Bet on North Miami | Coffee Talk
Pendry Residences Nashville use Gaggenau to take Paseo South Gulch to new heights of luxury
Miami developer admits to stealing $85 million
Movers: San Diego luxe team ditches Compass for The Agency, looks to capitalize on international network
Plus, Kris Zacuto shifted from Compass to Christie’s, Rodeo Realty grew agent pool
Jeremy Piven sells modern Mount Olympus manse after multiple price cuts, relistings
Measure ULA transfer tax continues looming over big-ticket resi, commercial sales
Data center developers ousted from Monterey Park as voters approve permanent ban
HMC Capital abandoned data center plans in SGV city earlier this spring
Bass heads to runoff, too close to call on Pratt, Raman
Candidates with most real estate money currently leading
Landlords claw for rent money from Bunker Hill to K-Town and Culver City
One Cal Plaza, Jamison and Hackman round out the fight card for LA commercial real estate news this week
LA approves upzoning to kick more drastic SB 79 down the road
Low Density Ordinance targets 55 areas of the city for denser resi development
George Armoyan wipes out big Downtown Chicago office loans
Clarke Incorporated leaves 20 South Clark Street, 120 South LaSalle Street debt-free with Ravelin takeover, capping off tactical debt squeeze
Bears punt on Chicago, will move to Indiana
Team shifted focus to Hammond’s taxpayer-backed proposal, putting its western Chicagoland ambitions on ice
How Savas Er saved Mag Mile
Self-made Turkish-born investor worked his way up from distressed suburban strip malls to Chicago’s premiere shopping corridor
Kohan Retail completes heavily-discounted purchase of former Citadel Center
Downtown Chicago building traded hands at a 76% discount
Another Karis Critical suburban Chicago data center proposal dealt setback
Village planning commission recommends denying Ohio firm’s request for former Plum Farms site, setting up another potential suburban setback
Gold Coast mansion relists for $9M after seller’s-remorse saga
Owners settled a lawsuit from buyers after attempting to walk away from a signed $7.4M deal; now they’re seeking $8.99M
117-year-old family affair over on Union Square
Gump family sold majority stake in 250 Post Street for $19M as market continues post-Covid recovery
Jagged little sale: Alanis Morissette quickly unloads Lafayette home for more than $2M above asking
“Head Over Feet” singer’s sale marks one of East Bay’s priciest this year
Another Bay Area home comes to market with an asking price in AI stock
Impending Anthropic IPO sending sellers into AI-fueled frenzy
YIMBY champion vs. Pelosi’s pick for SF seat in Congress
Real estate industry backed Scott Wiener, whose housing agenda will face real test against Connie Chan in November
Loan defaults pile up at hotels along stretch of San Jose thoroughfare
Lodging distress continues to plague Bay Area market
Hudson Pacific lists its emptiest SF offices in ongoing property sell-off
Victor Coleman’s firm acquired SoMa buildings for $46M two decades ago
Dallas
One-two-three punch of Mavs, Stars and Neiman bruises struggling Downtown Dallas
Plus, Austin’s Four Seasons condo project lands $870M loan, Nitya Capital hits $70M distress patch and more Texas real estate news
Where do the San Antonio Spurs live off the court?
Long known to live in The Dominion, NBA’s Western Conference champs now fan out around the Alamo City
Austin’s multifamily and commercial fundamentals show growth
Despite losing position as tech darling, city’s overbuilt offices and apartments are filling up
Endless supply: DFW residential rankings
New builds put America’s No. 1 agent, HomeUSA’s Ben Caballero, on top of list
Nuveen snaps up industrial facility in San Antonio
The Chicago-based company’s new pair of buildings are around 80% leased with room to grow
Dickies Arena in Fort Worth looking to wrangle new naming rights sponsor
Tensions between Dickies and the arena’s management company boiled into a showdown
Banks are back, baby
Following a difficult pencils-down period, banks big and small are ready to lend on CRE again
Housing Notes: Affordability normalizes in only 7-10 years!
A new take by Oxford Economics does a better job confirming what we already know
CoStar to buy real estate data provider in $800M all-cash deal
Zonda’s roster includes large builders like Lennar and Toll Brothers
HUD trims environmental review for federally-backed multifamily projects
Agency says rollback will speed approvals as Trump pushes deregulation agenda
AI is creating new challenges, opportunities and questions about the industry’s future
Plus, Compass faces an antitrust probe, the dark side of South Florida’s branded condos and more national real estate news this week
Housing Notes: Amazonification of summer rentals
Just-in-time rentals are rising, because consumers have been trained that way
Malaysia, Australia emerge as Asia-Pacific’s biggest data center growth hotspots: CBRE
APAC data center investment soared to record high of nearly $12B in 2025
Albanian PM backs Kushner’s $5B resort despite environmental protests
Opposition grows as activists challenge development in protected coastal habitat
Zara founder nears largest European office buy in years
Amancio Ortega reportedly in talks to acquire Paris complex for $985M
Japanese real estate bank lending soars to record high
$113B spending leads to concerns of market overheating, spec flipping
Czech billionaire Karel Komárek in pole position for second London office buy
Investment group KKCG submits £282M bid for 1 St James’s Square
Housing Notes: Chinese consumers prefer existing housing over new development
Households now favor certainty over buying off-plan
National
CRE deal volume fell 33% in April. Experts say: don’t fret
Multifamily sector recorded steepest year over year plunge among property types
National
Renters keep moving as homeowners stay put across the Sun Belt
Driven by high mortgage rates, home prices, renter mobility is spiking in key Southern markets
Dallas
Dallas-Fort Worth’s top brokers see deal volume rise as prices dip
Total volume for top 20 players hits $7.7B as Perry-Wisdom-Barrett, Ben Caballero led pack
National
Americans are refinancing again — but not buying
Refinancings outpaced new home purchase loans for second straight quarter
National
The mall is back — but only if it’s high-end
Luxury mall occupancy hit over 95% by mid-2025
New York
Manhattan mega conversions and Brooklyn expansions shape NYC redevelopment
FiDi with largest number of proposed additional residential units
New York
What the NY AG’s antitrust investigation could mean for Compass
Breaking down the state’s probe & more in notes from a resi reporter
New York
NYC’s top deals: NoMad hotel sells for $208M
TRD reports top transactions for Friday, June 5, 2026
Los Angeles
Jeremy Piven sells modern Mount Olympus manse after multiple price cuts, relistings
Measure ULA transfer tax continues looming over big-ticket resi, commercial sales
San Francisco
Jagged little sale: Alanis Morissette quickly unloads Lafayette home for more than $2M above asking
“Head Over Feet” singer’s sale marks one of East Bay’s priciest this year
South Florida
Casino mogul picks up $36M mansion next to his Fort Lauderdale home
Hard Rock executive James F. Allen and wife bought waterfront property in off-market sale
Los Angeles
Movers: San Diego luxe team ditches Compass for The Agency, looks to capitalize on international network
Plus, Kris Zacuto shifted from Compass to Christie’s, Rodeo Realty grew agent pool
Upcoming Events
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Deconstruct
The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Dallas
One-two-three punch of Mavs, Stars and Neiman bruises struggling Downtown Dallas
Plus, Austin’s Four Seasons condo project lands $870M loan, Nitya Capital hits $70M distress patch and more Texas real estate news
Los Angeles
Landlords claw for rent money from Bunker Hill to K-Town and Culver City
One Cal Plaza, Jamison and Hackman round out the fight card for LA commercial real estate news this week
Chicago
George Armoyan wipes out big Downtown Chicago office loans
Clarke Incorporated leaves 20 South Clark Street, 120 South LaSalle Street debt-free with Ravelin takeover, capping off tactical debt squeeze
New York
NYC’s top deals: NoMad hotel sells for $208M
TRD reports top transactions for Friday, June 5, 2026
San Francisco
Loan defaults pile up at hotels along stretch of San Jose thoroughfare
Lodging distress continues to plague Bay Area market
Texas
Nuveen snaps up industrial facility in San Antonio
The Chicago-based company’s new pair of buildings are around 80% leased with room to grow
Dallas
One-two-three punch of Mavs, Stars and Neiman bruises struggling Downtown Dallas
Plus, Austin’s Four Seasons condo project lands $870M loan, Nitya Capital hits $70M distress patch and more Texas real estate news
South Florida
Live Local Act megaproject developer sued again – by someone he says he’s never met
Pablo Castro plans a roughly 4K-unit complex in West Little River, the largest in Miami-Dade under the state affordable/workforce housing law
South Florida
MG, Vertical score $100M construction loan for Coral Gables mixed-use
Miami-based Benmark Capital provided financing
Texas
Financing locked in for Preston Center high-rise project
Willow Bridge, Ramrock and Lincoln secured backing for a 300,000-square-foot mixed-use project as Fifth Third Bank abandons downtown for North Dallas.
Chicago
Another Karis Critical suburban Chicago data center proposal dealt setback
Village planning commission recommends denying Ohio firm’s request for former Plum Farms site, setting up another potential suburban setback
South Florida
Feldman Equities, Greystar plot multifamily at Fort Lauderdale business complex
Developers secured zoning meant to add rooftops to city’s commercial areas