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  1. “I live in the Flatiron Building”: Residential dreams at an iconic NYC address 
  2. Here’s how Florida’s immigration law could lead to construction turmoil
  3. Carlyle pays $100M for two-tower 421a site in Gowanus
  4. Bill Fuller, Martin Pinilla win $63M verdict against Joe Carrollo
  5. 421a lawsuits kick off with Brooklyn project that rushed to beat deadline
  6. PMG, E11even Partners score $262M construction loan
  7. Court kills Gramercy air rights deal for new condo project
  8. Manhattan, Brooklyn markets boom in May
  9. McDonald’s HQ owner sues Wells Fargo, Bank of America
  10. Houston REIT turning entire 7M sf portfolio into self-storage
Harry Macklowe secretly behind move to acquire Midtown office building
Commercial
New York
Jun 2, 2023

Harry Macklowe secretly behind move to acquire Midtown office building

Seller claims high-profile developer hiding behind front man, bankruptcy ploy

Kroenke snaps up Malibu shopping center for $82M
Commercial
Los Angeles
Jun 2, 2023

Kroenke snaps up Malibu shopping center for $82M

Jamestown sells Malibu Village at steep discount

CRE’s landscape is rapidly shifting 
Commercial
National
Jun 3, 2023

CRE’s landscape is rapidly shifting 

Firms rethink their business models and how to manage their assets

A year without 421a: Project sales, lawsuits and wasted rezonings
Politics
New York
Jun 2, 2023

A year without 421a: Project sales, lawsuits and wasted rezonings

Dramatic storylines have emerged from tax break’s expiration

Nate Paul’s role in Texas attorney general’s impeachment, explained
Politics
Texas
Jun 2, 2023

Nate Paul’s role in Texas attorney general’s impeachment, explained

Investigators claim Ken Paxton pressured staff to ease Paul’s foreclosure woes

Colorado struggles to chart housing crisis solution
Development
National
Jun 3, 2023

Colorado struggles to chart housing crisis solution

Major land use overhaul bill recently failed

Buy a Texas ghost town for $100,000
Residential
Texas
Jun 3, 2023

Buy a Texas ghost town for $100,000

Owners of 10-acre Lobo, Texas, looking for right buyer who appreciates its history

New York

Naftali’s lending arm provides mezzanine note on Greenwich Village project
Commercial
New York
Jun 2, 2023

Naftali’s lending arm provides mezzanine note on Greenwich Village project

It’s the first deal of the second investment fund for the condo developer’s nascent lending platform

Invesco willing to take loss on Meatpacking office
Commercial
New York
Jun 2, 2023

Invesco willing to take loss on Meatpacking office

Firm shopping converted garage’s leasehold for $90M+ after buying it for $150M in 2018

“Grinch who stole summer”: Airbnb sues New York City
Commercial
New York
Jun 2, 2023

“Grinch who stole summer”: Airbnb sues New York City

Short-term rental firm rebukes Local Law 18

South Florida

Big Ten commissioner Tony Petitti flips Jupiter Island condo
Residential
South Florida
Jun 2, 2023

Big Ten commissioner Tony Petitti flips Jupiter Island condo

Petitti sold the unit for a 71% markup seven months after buying it

Lennar proposes 266 townhomes in south Miami-Dade
Development
South Florida
Jun 2, 2023

Lennar proposes 266 townhomes in south Miami-Dade

Homebuilder under contract to purchase 20-acre site for undisclosed price

Auto dealers are unexpected fuel for South Florida luxury
Residential
South Florida
Jun 2, 2023

Auto dealers are unexpected fuel for South Florida luxury

Trophy buyers beat out hedge funders, tech bosses and media moguls for records

Los Angeles

LA single-family home sales show slight uptick in May
Residential
Los Angeles
Jun 2, 2023

LA single-family home sales show slight uptick in May

“Buyers have been on the sidelines for months,” says one agent

Pustilnikov files suit over Redondo Beach power plant sale
Development
Los Angeles
Jun 2, 2023

Pustilnikov files suit over Redondo Beach power plant sale

Ahead of bankruptcy hearing, developer alleges breach of contract by energy firm

Agents gauge State Farm’s exit from home insurance market
Residential
Los Angeles
Jun 1, 2023

Agents gauge State Farm’s exit from home insurance market

“If the other insurance companies follow State Farm, then we have a problem”

San Francisco

EV companies drop industrial space in East Bay, Silicon Valley
Commercial
San Francisco
Jun 2, 2023

EV companies drop industrial space in East Bay, Silicon Valley

Two automakers offload nearly 250K sf

Rent strike looms ahead of potential Veritas buyback of $1B debt
Residential
San Francisco
Jun 2, 2023

Rent strike looms ahead of potential Veritas buyback of $1B debt

SF tenants seek new landlord as company puts loans for 95 properties on auction block

SF’s historic Clay Theater could become a retail center
Commercial
San Francisco
Jun 2, 2023

SF’s historic Clay Theater could become a retail center

Movie house doesn’t make economic sense while boutiques move into Fillmore

Chicago

Landmark West Loop office building headed to auction block
Commercial
Chicago
Jun 2, 2023

Landmark West Loop office building headed to auction block

Starting bid of $2M bid for property that once drew 25 times that amount

Chicago has second-largest racial gap for home appraisals in U.S.
Residential
Chicago
Jun 2, 2023

Chicago has second-largest racial gap for home appraisals in U.S.

Appraisals in white neighborhoods 2.77 times higher than minority neighborhoods

McDonald’s HQ owner sues Wells Fargo, Bank of America
Commercial
Chicago
Jun 2, 2023

McDonald’s HQ owner sues Wells Fargo, Bank of America

Normandy properties bought the Fulton Market asset with the lenders for $420M in 2020

Texas

SEC sues “Queen of Mobile Homes” for fraud 
Texas
Jun 2, 2023

SEC sues “Queen of Mobile Homes” for fraud 

Climate change barreling into Houston
Residential
Houston
Jun 1, 2023

Climate change barreling into Houston

Hundreds of thousands of homes are at risk of flooding and hurricane damage

Inside Grand Prairie’s master plans for I-30
Development
Dallas
Jun 1, 2023

Inside Grand Prairie’s master plans for I-30

New cricket stadium and apartments could bolster Dallas suburb’s vision

Residential

all markets
Allstate announces halt to new homeowner policies in California
Residential
Los Angeles
Jun 2, 2023

Allstate announces halt to new homeowner policies in California

Insurer’s disclosure follows State Farm’s stoppage on new coverage in the state

Hamptons, North Fork markets heat up
Residential
Tri-State
Jun 2, 2023

Hamptons, North Fork markets heat up

Contract signings increase on the East End

SummerHill moves ahead on 334 apartments and townhomes in San Jose
Residential
San Francisco
Jun 2, 2023

SummerHill moves ahead on 334 apartments and townhomes in San Jose

Marcus & Millichap subsidiary publishes EIR on development near tech parks

LA Real Estate Forum
,
September
21

LA Real Estate Forum

The London West Hollywood

The Real Deal’s Podcast

Deconstruct

The Real Deal’s Isabella Farr and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.

Commercial

all markets
Tishman Speyer snags extension on 300 Park Ave’s $485M loan
Commercial
New York
Jun 2, 2023

Tishman Speyer snags extension on 300 Park Ave’s $485M loan

Firm gets another year on debt sent to special servicing

A Midtown office loan’s in trouble. Is WeWork to blame?
Commercial
New York
Jun 2, 2023

A Midtown office loan’s in trouble. Is WeWork to blame?

Rent at APF’s 25 West 45th Street can’t cover payments on $65M debt

Sobrato Organization sells Cupertino strip mall for $93M
Commercial
San Francisco
Jun 2, 2023

Sobrato Organization sells Cupertino strip mall for $93M

Metlife unit buys the 196K sf retail center for $470 psf

Development

all markets
Chicago Fire’s training facility project ignites lawsuit
Development
Chicago
Jun 2, 2023

Chicago Fire’s training facility project ignites lawsuit

Local housing coalition files claim against CHA and HUD

Swire unveils plans for two-tower Mandarin-branded Brickell Key project
Development
South Florida
Jun 2, 2023

Swire unveils plans for two-tower Mandarin-branded Brickell Key project

One Island Drive project calls for 220-unit condo tower, adjacent condo-hotel

Pustilnikov files suit over Redondo Beach power plant sale
Development
Los Angeles
Jun 2, 2023

Pustilnikov files suit over Redondo Beach power plant sale

Ahead of bankruptcy hearing, developer alleges breach of contract by energy firm