Harry Macklowe secretly behind move to acquire Midtown office building
Seller claims high-profile developer hiding behind front man, bankruptcy ploy
Top stories
- How Blackstone shrunk office holdings to 2 percent
- Landmark West Loop office building headed to auction block
- Houston REIT turning entire 7M sf portfolio into self-storage
- 421a lawsuits kick off with Brooklyn project that rushed to beat deadline
- Carlyle pays $100M for two-tower 421a site in Gowanus
- LA could expand office-to-home conversions across city
- In Claremont, environmental study delay leads to builder’s remedy
- Lender set to foreclose on NYC’s “worst” private landlord
- Related, BH buy Chetrit’s Pompano Beach dev site for $48M
- Jamison plans office-to-home conversions on LA’s Wilshire Boulevard
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National
Jun 1, 2023
Zell’s angels: How the brash tycoon changed the real estate game forever
Investor pulled off largest-ever leveraged buyout; pioneered REITs
Commercial
National
Jun 2, 2023
Pretium pays $1.5B in D.R. Horton deal
Homebuilder trades thousands of properties to rental investor
Commercial
New York
Jun 1, 2023
Sotheby’s buys Breuer Building for $100M
Madison Avenue landmark to feature auction house, exhibition space
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
Commercial
New York
Jun 2, 2023
“Grinch who stole summer”: Airbnb sues New York City
Short-term rental firm rebukes Local Law 18
Residential
New York
Jun 2, 2023
Manhattan, Brooklyn markets boom in May
New signed contracts increased in both boroughs, while new listings dipped
Residential
Tri-State
Jun 1, 2023
Heiress hunts for Hudson Valley record sale
Columbia County estate listed for $25M
Commercial
New York
Jun 1, 2023
Barry Braunstein plans 240-bed nursing home on Brooklyn lot
Seeks rezoning for 145K sf project in East New York
Commercial
Tri-State
Jun 1, 2023
Newark, Jersey City brokerages, landlords hit with discrimination suit
Housing Rights Initiative accuses 26 of voucher refusal
Development
New York
Jun 1, 2023
Omnia expands Lower East Side plans
David Paz’s firm files for 57-unit mixed-use development
Development
Tri-State
Jun 1, 2023
Las Vegas Sands wants tax breaks for NY casino project
Gaming company planning $4B development in Nassau County
Politics
South Florida
Jun 2, 2023
Rishi Kapoor’s firm leases storefront from Coral Gables mayor
Location Ventures is paying rent for space in a retail building partially owned by Vince Lago
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
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
Residential
South Florida
Jun 1, 2023
Alexander brothers sell waterfront Miami Beach mansion for $27.5M
Oren Alexander is moving to Sunset Island IV
Residential
South Florida
Jun 1, 2023
David “Big Papi” Ortiz sells Pinecrest mansion for record price
Ortiz’s sale beats record set by Tyler Herro’s purchase in December
Residential
South Florida
Jun 1, 2023
Keyes nabs 100-agent Boca Raton brokerage
Purchase marks the second Boca-based expansion in recent months
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
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”
Residential
Los Angeles
Jun 1, 2023
Jamison plans office-to-home conversions on LA’s Wilshire Boulevard
17-story Mid-century office building would become 210 apartments
Commercial
Los Angeles
Jun 1, 2023
Rexford Industrial leases Gardena warehouse to bakery supplier
New Class A building has 87K sf in “prime South Bay transportation hub”
Residential
Los Angeles
Jun 1, 2023
J.Lo and Ben Affleck close on $61M mansion in Beverly Crest
French-style estate on 5 acres comes with indoor sports complex and parking for 92 cars
Development
Los Angeles
Jun 1, 2023
In Claremont, environmental study delay leads to builder’s remedy
After years of delay, Trumark Homes deploys new strategy to build homes
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
Commercial
San Francisco
Jun 1, 2023
Few retailers respond to SF’s new vacancy tax as only 2.6% pay up
74 property owners and tenants have paid the tax of about 2,800 taxable properties
Residential
San Francisco
Jun 1, 2023
South Bay reports biggest home inventory drop in the nation
Active listings, new listings both down by over a third in San Jose market
Commercial
San Francisco
Jun 1, 2023
Tishman Speyer executive to lead SF’s economic development office
Sarah Dennis-Phillips returns to public service on June 12
Commercial
San Francisco
Jun 1, 2023
Mayor’s budget cuts taxes to lure tenants to Downtown SF offices
London Breed’s reductions on subleased space would run through 2029
Residential
San Francisco
May 31, 2023
Pacific Housing and Jemcor snag $108M loan for apartments in San Jose
Seven-story, all-affordable complex will feature a movie night center
Development
Chicago
Jun 2, 2023
Symmetry files for bankruptcy, evades foreclosure — for now
Last-minute auction cancellation for River North property where development stalled
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
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
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
Commercial
Chicago
Jun 1, 2023
Bears settle for $7.8M tax bill in first battle of Arlington Park fight
New bill based on $95M assessment
Commercial
Chicago
Jun 1, 2023
Bank of America drops $56M on North Aurora industrial property
Seller American Realty Advisors paid $10M less in 2015
Commercial
Texas
Jun 2, 2023
Ross Perot Jr. warns of real estate recession
“If the industry can’t get a construction loan, real estate will have a recession”
Residential
Dallas
Jun 2, 2023
Rise48 looks for multifamily value in DFW
Arizona firm acquired its third multifamily asset in North Texas, isn’t slowing down
Texas
Jun 2, 2023
SEC sues “Queen of Mobile Homes” for fraud
Residential
Houston
Jun 1, 2023
Climate change barreling into Houston
Hundreds of thousands of homes are at risk of flooding and hurricane damage
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
Development
Texas
Jun 1, 2023
Look:Dart Interests’ towers in Fort Worth
Dallas firm bought the Central Library for $18M, and this is how redevelopment could look
Residential
all markets
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- Austin
- Chicago
- Dallas
- Houston
- Los Angeles
- National
- New York
- San Francisco
- South Florida
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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
Residential
Dallas
Jun 2, 2023
Rise48 looks for multifamily value in DFW
Arizona firm acquired its third multifamily asset in North Texas, isn’t slowing down
Residential
National
Jun 2, 2023
David Doctorow out as Move, Inc. CEO
Damian Eales to lead Realtor.com parent company
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
Residential
New York
Jun 2, 2023
Manhattan, Brooklyn markets boom in May
New signed contracts increased in both boroughs, while new listings dipped
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”
September
21
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
- all markets
- Austin
- Chicago
- Dallas
- Houston
- Los Angeles
- National
- New York
- San Francisco
- South Florida
- Texas
- Tri-State
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
Commercial
Texas
Jun 2, 2023
Ross Perot Jr. warns of real estate recession
“If the industry can’t get a construction loan, real estate will have a recession”
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
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
Commercial
San Francisco
Jun 1, 2023
Few retailers respond to SF’s new vacancy tax as only 2.6% pay up
74 property owners and tenants have paid the tax of about 2,800 taxable properties
Commercial
Los Angeles
Jun 1, 2023
Rexford Industrial leases Gardena warehouse to bakery supplier
New Class A building has 87K sf in “prime South Bay transportation hub”
Development
all markets
- all markets
- Austin
- Chicago
- Dallas
- Houston
- Los Angeles
- National
- New York
- San Francisco
- South Florida
- Texas
- Tri-State
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
Development
Chicago
Jun 2, 2023
Symmetry files for bankruptcy, evades foreclosure — for now
Last-minute auction cancellation for River North property where development stalled
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
Development
South Florida
Jun 1, 2023
Related, BH buy Chetrit’s Pompano Beach dev site for $48M
Joint venture acquired 3.7-acre waterfront property approved for a mixed-use project
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
Development
Texas
Jun 1, 2023
Look:Dart Interests’ towers in Fort Worth
Dallas firm bought the Central Library for $18M, and this is how redevelopment could look