Nine-figure deals power luxury hotel market to strong 2025 finish
Plus, Mark Nussbaum names names, Fed cuts interest rates and more national real estate news this week.
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Tri-State
How Mark Nussbaum went from transactional lawyer to escrow-funded dealmaker
The behind-the-scenes player is in the spotlight after allegations of missing funds
Politics
National
House GOP scraps bipartisan housing act from defense bill
Legislation aimed at boosting development passed Senate in October
Commercial
Chicago
How two Chicago firms navigated a 134-unit multifamily sale within a tenants’ rights pilot area
Sale of the AM1980 Apartments to CedarSt is likely the largest multifamily trade within the boundaries of the new Northwest Side Preservation Ordinance
Residential
San Francisco
Indicted developer Ken Mattson ordered to surrender house deed
$6M Piedmont estate to become part of bond package
Commercial
New York
Blackstone refinances Stuy Town with $3B loan
Wells Fargo lends to one of city’s largest rental complexes
Commercial
New York
Going once, going twice: Meyer Chetrit’s property interests auctioned off to pay $132M judgment
Chetrit’s lawyers try to halt the auctions in court, as Maverick tries to collect
Development
New York
Gary Barnett deal shows way to save rent-stabilized buildings
City of Yes allowed more air rights transfers, helping landmarked properties
Brand Studio
Luxury at 41,000 feet: Why successful real estate entrepreneurs choose Monarch Air Group
Disrupting the private aviation game with bespoke flights aimed at execs
Politics
New York
COPA and then some: City Council advances controversial housing bills ahead of final meeting
Groups warn proposed legislation would increase HPD budget by $1.3B
Mendel Steiner's ponzi scheme fueled collapse of Nussbaum Lowinger, lawsuit alleges
Creditors are seeking to collect on over $330M from the late Borough Park investor’s companies
MTA to sell 350K in air rights
Agency selling square footage tied to Fulton Center
Archdiocese offloads Lotte New York Palace ground lease to fund abuse settlements
The sale of 455 Madison is expected to bring in $490M
Luxury gyms lead Manhattan's 2025 retail leases
Life Time, Chelsea Piers, Equinox dominated city’s largest retail leases
Paperwork madness: New burdens for businesses, city
Council adds to nearly 1,000 studies required by law
NYC’s top deals: Citi takes over Trump Parc condos for $19M
TRD reports top transactions for Friday, Dec. 12, 2025
WATCH: Drama erupts at Sunny Isles condo board election
It’s the latest example of rising tensions at South Florida condo associations
Moishe Mana looks to sell waterfront Miami assemblage for three times his purchase price
He paid $8.5M for adjacent lots between 2013 and 2016
Rising commercial rents test momentum in Miami’s Wynwood
With some landlords seeking north of $100 a square foot, homegrown tenants are heading for exit
Miami approves controversial $29M Watson Island land sale
4-to-1 vote came over a year after residents approved referendum to sell site to BH3, Merrimac Ventures
The Weekly Dirt: Real estate's pick is Miami's new mayor
Former county commissioner Eileen Higgins beat Trump’s endorsement with nearly 60% of the vote
Bluenest plans market-rate townhomes in Miami suburb turning investors’ heads
Chraibi brothers’ firm strayed from its usual focus on affordable housing in south Miami-Dade
Videos
Luxury concierge service across the five boroughs | Brand Studio
Netflix’s $72B bid for Warner Bros puts 100M sf of studio real estate in play
Sam Nazarian & Felix Bendersky on Miami trends, churns and next hot spots | TRD Forum
Erik Conover sentenced: Luxury real estate YouTuber facing up to 10-years #shorts
The untold story of Patrick Carroll #shorts
Top agents Danny Hertzberg and Sarah Desamours on unicorn listings & the next era of Miami luxury
Miami’s next office bet: Ryan Holtzman & Eric Brody on flight to quality, which towers win & more
Kevin Maloney and Jay Roberts on how Miami projects pencil out #shorts
State signs off on three casinos for NYC | TRD News
Inside Tiara, the first new resi development in Galveston in 17 years | Brand Studio
Elliman CEO Michael Liebowitz & agent David Siddons on what firms really owe their agents
Developers Kevin Maloney & Jay Roberts break down the real drivers of heat in today's Miami market
Developer Camilo Miguel Jr. & Agent Ruthie Assouline on the future of luxury development | TRD Forum
#TravisKelce and Nate Borgatze are buying up amusement parks | TRD News
Inside $2B proptech unicorn Sonder’s sudden collapse | TRD News
World Money: Recapturing the international investor | TRD Forum
Tequila #billionaire quietly tests $90M exit at troubled 432 Park | TRD News
Too much, too fast? Rethinking South Florida’s apartment boom | TRD Forum
Pushing the envelope: Where top developers are placing their biggest bets | TRD Forum
Homebuilding giant Lennar pushing the boundary to south Miami-Dade development | TRD News
“Get the heck out”: Hochman charges unlicensed contractors working in Eaton burn zone
Felonies alleged in multiple complaints tied to Altadena rebuilding
Did LA County overestimate retrofit costs as an excuse to buy $200M Gas Company Tower?
$700M seismic project figure a wild exaggeration: critics
Space Investment snaps up Topanga Gateway mall for $64M
OC-based firm’s SoCal retail tear continues with 123K sf Woodland Hills shopping center
UCLA failed to follow legal requirements before exploring possible SoFi Stadium move: lawsuit
Rose Bowl, Pasadena claim university surreptitiously pursued stadium relocation
Fighting words: Huntington Beach, state housing battle far from over
Plus, Walters-Plaxen team splits from Beverly Hills Estates and more LA resi news
Sonder collapse leaves LA short-term rental property in bind
Landlords now face tougher market than when they bought in
With new roster of developers, what’s next for Lincoln Yards?
As John Novak prepares to purchase 18 acres, it’s time for the city to step in and tweak huge infrastructure and development plans previously proposed by Sterling Bay
How two Chicago firms navigated a 134-unit multifamily sale within a tenants’ rights pilot area
Sale of the AM1980 Apartments to CedarSt is likely the largest multifamily trade within the boundaries of the new Northwest Side Preservation Ordinance
Here are downtown Chicago’s condos with the biggest price cuts
Millions of dollars slashed from luxury units’ asking prices, as sellers cut their expectations to meet the market
Study proposes 30 reforms for business property tax in Cook County
Chicago and its suburbs gave breaks worth $343M, but impact proves elusive
Centaur and Talos Capital buy Niles FedEx facility for discounted $72M
Firms with ties to Blackstone pick up logistics site near I-94
Village serving as developer reveals plan for shopping center outside Chicago
Grove at Bloomingdale signed its first tenant
Indicted developer Ken Mattson ordered to surrender house deed
$6M Piedmont estate to become part of bond package
Ellis’ office-to-office Sunnyvale redevelopment gets greenlight
South Bay city’s office metrics outperform nearby cities
Strada ditches Palo Alto offices for 145 new homes
Latest plan on Alexandria land highlights firm’s Bay Area shift from office to residential
From 27 stories to eight: Behind Urban Catalyst’s radical downsizing of a San Jose development
Insiders said Silicon Valley’s central business district has “peaked” in office demand
What is the real story of San Francisco’s return?
Downtown San Jose’s office narrative continues to sink, and more this week in the Bay Area
Downtown SF development fund eyes $60M in public, private money
Nonprofit plans “large-scale” projects that need more financial support
Houston
Satya pegs cost to build St. Regis condos in Houston at $220M, marking brand’s first Texas resi project
With a $255M construction loan, developer moves ahead selling $3M luxury units
Dallas
Techies buy Dallas spec mansion after $1M-plus price cut
Entrepreneur couple bought the property in Preston Hollow, one of Texas’ wealthiest neighborhoods
Texas AG Ken Paxton and state board clash over megaproject probe
Issue is whether Muslim-focused development violated law by selling limited partnerships
Dallas
Supermarket H-E-B secures zoning for first namesake store in Dallas
Chain continues expansion across the metro market
The boy who cried Wolfe: revisiting Dallas’ most ambitious syndicator
Plus, Dallas remembers a sports real estate icon, Highland Park sets a 2025 resi record and The Quad scores a major refi deal.
Dallas
Ed Okpa challenges Dallas commission on high-rise plan
Developer files appeal for his 25-story tower with a hotel and condos
Trump’s long-awaited “gold card” visa program goes live
Foreigners can contribute $1 million to speed up visa applications
Three-peat: Fed cuts interest rates by another quarter-point
Third slash to benchmark saw most dissents in six years
CRE deal volume slips as buyers, sellers hit stalemate
October marks first year-over-year decline since early 2024 rebound
Congressional watchdog investigating Bill Pulte
FHFA director’s mortgage fraud referrals draw scrutiny
Seattle
Goodman Real Estate unloads more Seattle-area residences
Lakewood townhome complex sells for nearly $22M
Nashville
Developer of Nashville Edition scores $400M in construction financing
New York-based Madison Realty Capital, Denver-based KSL Capital provided funding to Tidal Real Estate Partners
Abu Dhabi royals win green light for mega-office in London’s West End
33 Cavendish Square approval tees up an 800K sf bet on Oxford Street
New heights in Hong Kong as $113M apartment sale sets price record
High-rise unit price follows record-setting mansion sale earlier this year
Private island in Fiji heads to auction after listing for $20M
Buyer to enjoy privacy, land for possible lodging construction
Blackstone weighs sale of Canary Wharf office building
No income-producing office has sold in the district in four years
Hong Kong apartment wrapped in cut-cost netting before fire killed 150
Contractors tried to conceal faulty materials, evade inspectors: watchdog
Saudi Arabia moves closer to opening its real estate doors
Foreigners could ink real estate deals as soon as January
New York
Triumphs and troubles: How did NYC’s ultraluxury resi market fare in 2025?
More deals, fewer dollars for properties at $10M+
National
Texas markets lead home turnover in U.S. metros
San Antonio, Dallas, Austin, Houston lead with owners cashing in
Los Angeles
San Marino home appreciation lags LA County
Affluent city’s median home sale price was $2.8M in third quarter: Attom
Los Angeles
Fighting words: Huntington Beach, state housing battle far from over
Plus, Walters-Plaxen team splits from Beverly Hills Estates and more LA resi news
Texas
The boy who cried Wolfe: revisiting Dallas’ most ambitious syndicator
Plus, Dallas remembers a sports real estate icon, Highland Park sets a 2025 resi record and The Quad scores a major refi deal.
San Francisco
What is the real story of San Francisco’s return?
Downtown San Jose’s office narrative continues to sink, and more this week in the Bay Area
New York
NYC’s top deals: Citi takes over Trump Parc condos for $19M
TRD reports top transactions for Friday, Dec. 12, 2025
New York
NY access agreements law aims to quell neighbor drama
Hochul-signed statute establishes guidelines for tricky contracts
Seattle
Goodman Real Estate unloads more Seattle-area residences
Lakewood townhome complex sells for nearly $22M
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The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Texas
The boy who cried Wolfe: revisiting Dallas’ most ambitious syndicator
Plus, Dallas remembers a sports real estate icon, Highland Park sets a 2025 resi record and The Quad scores a major refi deal.
San Francisco
What is the real story of San Francisco’s return?
Downtown San Jose’s office narrative continues to sink, and more this week in the Bay Area
New York
NYC’s top deals: Citi takes over Trump Parc condos for $19M
TRD reports top transactions for Friday, Dec. 12, 2025
New York
Mortgage fraud mayhem continues in NYC
Plus, Mandani extends olive branch,one of the most famous exteriors in television history trades hands and more real estate news in the Big Apple this week
Los Angeles
Did LA County overestimate retrofit costs as an excuse to buy $200M Gas Company Tower?
$700M seismic project figure a wild exaggeration: critics
San Francisco
Ellis’ office-to-office Sunnyvale redevelopment gets greenlight
South Bay city’s office metrics outperform nearby cities
South Florida
The Weekly Dirt: Real estate's pick is Miami's new mayor
Former county commissioner Eileen Higgins beat Trump’s endorsement with nearly 60% of the vote
Chicago
With new roster of developers, what’s next for Lincoln Yards?
As John Novak prepares to purchase 18 acres, it’s time for the city to step in and tweak huge infrastructure and development plans previously proposed by Sterling Bay
New York
Paperwork madness: New burdens for businesses, city
Council adds to nearly 1,000 studies required by law
New York
MTA to sell 350K in air rights
Agency selling square footage tied to Fulton Center
Nashville
Developer of Nashville Edition scores $400M in construction financing
New York-based Madison Realty Capital, Denver-based KSL Capital provided funding to Tidal Real Estate Partners
Dallas
Ed Okpa challenges Dallas commission on high-rise plan
Developer files appeal for his 25-story tower with a hotel and condos