Lender goes after Tides’ Kia, Andrade personally for millions of dollars
Acres Capital claims foreclosure sale failed to cover balance of $33M loan
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Commercial
Tri-State
Meyer Chetrit sues lender on NJ mixed-use property amid foreclosure
Developer battles Computershare over Fort Lee office and apartment building
Politics
New York
City of Yes $5B pledge includes 200 housing staffers, four possible rezonings
Here’s a breakdown of funding promised as a condition of Council approval
Residential
Chicago
JB Pritzker is the buyer in Ken Griffin’s $19M sale of Gold Coast condos
Selling to a political rival didn’t get in Griffin’s way in his big exit from Chicago’s downtown condo market
Commercial
South Florida
Multifamily deals heat up: Blackstone sells Miramar rental complex for $121M
Greensboro, North Carolina-based Bell Partners, through its value-add fund VIII, is the buyer, records show
Development
South Florida
Electra, BH land $125M pre-dev loan for $1B Southplace City Center in Cutler Bay
JV plans to begin infrastructure improvements and construction on first phase of mixed-use project early next year
Commercial
New York
Daryl Hagler saves Sunset Park megaproject from foreclosure
Nursing home mogul recently settled with NY Attorney General for $45M
Residential
San Francisco
Sergey Brin buys loan linked to SF apartment building for $55M
Google co-founder could eventually acquire the eight-story property for $482K per unit
Residential
National
DOJ to NAR: Settlement not a shield for future
Justice Department clarified Sitzer/Burnett hangups two days ahead of key deadline
Nov 1, 2024
The Daily Dirt: “Good cause” falls short, so activists turn to TOPA
Would Tenant Opportunity to Purchase Act help 63 Tiffany Place?
Nov 4, 2024
Inside Simon Dushinsky’s Rabsky Group
Quiet giant of Brooklyn development now plans to build tallest tower in Fort Lauderdale
Tri-State
Oct 18, 2024
Inside the partisan divide on affordable housing
Why Democrats and Republicans disagree on making towns zone for affordability
Jul 7, 2022
Pick up your copy of “The New Kings of New York” today
Don't miss TRD’s insider account of the moguls and renegades that shaped NYC in the new millennium
Tri-State
Nov 27, 2024
Perlbinders list Sagaponack estate for $85M
Developer’s oceanfront home one of priciest listings in the Hamptons
Nov 27, 2024
Blackstone paying tenants $15M after alleged rent overcharges
Action by previous owner lead to one of largest settlements of its kind in NYC
Nov 5, 2024
Big plans, little construction: Mapping South Florida's long-delayed megaprojects
A mammoth mall, an innovation district and other developments approved years ago still largely remain on paper
Sep 26, 2024
Foodmageddon: South Florida restaurant landlords experiencing record tenant turnover
Slow summer, dwindling diners and oversaturated concepts are fueling an uptick in closures
Nov 4, 2024
Inside the new state law on the balance of power at condo-hotels
Legislation titled things in favor of commercial lot owners, but residents say their fight is far from over
Jul 8, 2024
These South Florida developers registered their condo projects in New York
More than 40 developments are approved by the state’s attorney general
Nov 28, 2024
OKO Group’s Vanessa Grout lists waterfront Miami Beach home
Grout paid $2.7M for the property in 2016; now asking nearly $10M
Nov 27, 2024
South Florida by the numbers: Thanks for giving
Aug 5, 2024
Inland Empire leads US in large industrial leases
SoCal market claims 15 of the top 100 deals, powered by facility consolidation in logistics
Aug 15, 2024
Coldwell Banker Realty’s Kamini Lane talks about post-NAR strategy
CEO discusses implications of new rules based on legal settlement
Aug 8, 2024
Orange County joins the trillion-dollar housing club
Collective residential values jump 12% to $1.11T, joining LA and six other markets
Aug 2, 2024
The Agency’s LA president talks trends in the luxe market
Brokerage president discusses vertical lifestyle, Malibu deals and the NAR fallout
Nov 27, 2024
Beverly West penthouse sells for $24M in LA’s priciest condo trade
Emaar Properties’ tower nears full sellout, with its final unit in escrow
Nov 27, 2024
Surfer Joel Cooper lists Bali-inspired estate in Laguna Beach for $23M
Entrepreneur’s tiered mansion in gated Irvine Cove puts you “in another part of the world”
Aug 19, 2024
Buy or rent: San Jose leads nation in housing cost metric
Renters will spend far less than home buyers in South Bay city over 20 years
Aug 1, 2024
Sun Microsystems founder Scott McNealy sells Bay Area home with ice hockey rink for $35M
Home was on and off the market for years, originally asking close to $100M
Aug 6, 2024
Elon Musk’s X to close former HQ office in SF’s Mid-Market
Social media firm exits 463K sf in two buildings, moves staff to San Jose and Palo Alto
Aug 30, 2024
AI companies have leased 1.7M sf of offices in San Francisco
Artificial intelligence firms could occupy 12M sf in the city by 2030, study finds
Nov 27, 2024
DeNova Homes looks to build 135 “entry-level” houses in Antioch
17-acre project features layout designed for “families with younger children”
Nov 27, 2024
Sobrato chairman sells Los Gatos home for $6M
Developer John Sobrato, co-owner of the NFL’s 49ers, trades residence on corner lot
Sep 3, 2024
"Why haven't they done anything?": Regulators slow to act when Chicago resi brokers behave badly
Misconduct often undetected, enabling nefarious actors to fly under the radar for too long
Nov 4, 2024
Inside Jay Shidler’s ground lease kingdom
Hawaiian investor built career on unconventional investment method that has added another challenge to beleaguered U.S. offices
Nov 5, 2024
A closer look at where Chicago’s top brokerages are closing deals
City’s top residential brokerages did more deals on North Side, along Milwaukee Avenue corridor than downtown this year
Dec 4, 2023
Tom Scott is on the ropes but still fighting
CA Ventures CEO has a plan to survive the flurry of lawsuits and broken deals his firm is facing
Nov 27, 2024
Johnson launches $20M plan to rehab abandoned buildings
Chicago’s Department of Housing will work with local developers to acquire and rehab vacant and abandoned buildings through new initiative called Rebuild 2.0
Nov 27, 2024
Ex-Bear audibles Motor Row plan to emphasize on hotel
Former defensive end Israel Idonije again alters vision for 2222 South Michigan Avenue
Jul 1, 2024
Inside the fallout from Shaya Prager’s “contrarian” 2022 office investments
Lawsuits suggest the investor conjured up loans for more than his buildings were worth
Aug 1, 2024
How a high-yield lender fell apart in alleged Ponzi scheme
CCG's questionable practices may have led to its unraveling last year. But its spurned investors are on the attack to reclaim their losses
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
Sep 3, 2024
Outsider Artemio De La Vega's $2.5B vision for reshaping Dallas
The Mexican developer sees untapped potential next to the city's hottest neighborhoods
San Antonio
Nov 27, 2024
San Antonio Housing Trust eyes 6 acres for affordable housing
Purchase of Cattleman Square properties part of plan to get ahead of gentrification
Nov 27, 2024
Legacy landowner in West Texas surges on AI boom
Texas Pacific Land Corp.’s valuation hits $40B
Nov 27, 2024
Sales of new homes crater in October
Two-year nadir caused in part by storms in South
Nov 27, 2024
Nightingale’s Elie Schwartz to face federal criminal charges
CEO accused of misappropriating $54M from crowdfunding investors has day in court
Nov 26, 2024
NAR’s landmark settlement deal nears the finish line
DOJ issued Statement of Interest ahead of final hearing on agreement
Nov 25, 2024
Property stocks drop after Trump victory
Concerns about tariffs, immigration crackdown roil sector
Charlotte
Nov 27, 2024
Keith sells 160 acres in Charlotte to Texas data center specialist
Property sold for $160 million
Boston
Nov 27, 2024
Boston brewery trades brewery and taproom for $10M
Dorchester Brewing transitions to year-to-year lease at 1250 Massachusetts Avenue
South Florida
Nov 28, 2024
OKO Group’s Vanessa Grout lists waterfront Miami Beach home
Grout paid $2.7M for the property in 2016; now asking nearly $10M
San Francisco
Nov 27, 2024
DeNova Homes looks to build 135 “entry-level” houses in Antioch
17-acre project features layout designed for “families with younger children”
San Francisco
Nov 27, 2024
Sobrato chairman sells Los Gatos home for $6M
Developer John Sobrato, co-owner of the NFL’s 49ers, trades residence on corner lot
Los Angeles
Nov 27, 2024
Beverly West penthouse sells for $24M in LA’s priciest condo trade
Emaar Properties’ tower nears full sellout, with its final unit in escrow
Chicago
Nov 27, 2024
Johnson launches $20M plan to rehab abandoned buildings
Chicago’s Department of Housing will work with local developers to acquire and rehab vacant and abandoned buildings through new initiative called Rebuild 2.0
South Florida
Nov 27, 2024
South Florida by the numbers: Thanks for giving
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Boston
Nov 27, 2024
Boston brewery trades brewery and taproom for $10M
Dorchester Brewing transitions to year-to-year lease at 1250 Massachusetts Avenue
South Florida
Nov 27, 2024
Bell Partners pays $79M for Kendall West rental complex, marking its second South Florida multifamily deal this month
Buyer also paid $121M for Miramar apartments
South Florida
Nov 27, 2024
Longpoint’s industrial binge: $331M South Florida warehouse portfolio purchase from Blackstone
Boston-based firm acquired 26 facilities in Miami-Dade, Broward, Palm Beach counties
Los Angeles
Nov 27, 2024
Dunbar picks up five-building office park in Riverside for $19M
Price of $137 psf nearly equals sales and appraisals of Downtown LA office plazas
Los Angeles
Nov 27, 2024
Canyon Creative signs lease for adjacent buildings in Hollywood
Interior design firm will take 14K sf at two addresses on Santa Monica Boulevard
San Francisco
Nov 27, 2024
Landlord Harmit Mann buys Oakland office complex for $65 psf
Property that traded for $13M lies in high-crime Hegenberger corridor section of the city
Charlotte
Nov 27, 2024
Keith sells 160 acres in Charlotte to Texas data center specialist
Property sold for $160 million
San Antonio
Nov 27, 2024
San Antonio Housing Trust eyes 6 acres for affordable housing
Purchase of Cattleman Square properties part of plan to get ahead of gentrification
Phoenix
Nov 27, 2024
McBride Cohen lands $35M to build waterfront village in Tempe
Infusion from JLW Tempe Investments will help fund second phase of $4B project
Chicago
Nov 27, 2024
Ex-Bear audibles Motor Row plan to emphasize on hotel
Former defensive end Israel Idonije again alters vision for 2222 South Michigan Avenue
Texas
Nov 27, 2024
Legacy landowner in West Texas surges on AI boom
Texas Pacific Land Corp.’s valuation hits $40B
Houston
Nov 26, 2024
Satya is finally giving Galveston its first condo building in 15 years
Groundbreaking originally planned for 2022, but delayed due to permitting