Activist investor seeks to oust Americold Chair Mark Patterson over “problematic boardroom behavior”
Investor wants cold storage REIT to remove chair citing TRD reporting on Patterson’s tenure at Paramount Group
City Council to Mamdani: No need to raise property taxes
Plan to fill $6B budget hole finds unaccounted for fees, Hudson Yards money
West Village megamansion nabs $70M signed contract
Combined home poised to rank among priciest downtown deals
The Daily Dirt: Where real estate items stand in the late state budget
SEQRA, J-51 reforms are in play
Help for rent-stabilized landlords appears unlikely as Mamdani’s board kicks off
Advocates talk of targeted approach to distress, but no proposals
Rabsky reels in $765M refi for DoBro development
Multifamily complex at 625 Fulton slated to deliver 1K units
The empire that Jeffrey Soffer built
Inside billionaire developer’s bid to grow a global Fontainebleau real estate dynasty
Fontainebleau Miami Beach condo-hotel owners revolt against rule changes
Lawsuit alleges new regulations at billionaire Jeffrey Soffer’s waterfront resort unfairly target units that are not part of hotel’s rental program
Boca Raton couple pleads guilty in $50M real estate investment fraud
Jean Joseph, Janalie Bingham told investors their funds would go toward properties but spent it on equities trading and themselves, prosecutors say
One Thousand Museum developer sued by condo association
Lawsuit targets allegedly unlawful vote regarding financial reserves
Falcone sells Fort Lauderdale rental tower for $108M as i-sales pick up
Multifamily oversupply hasn’t stopped momentum
Related Ross drops $37M on Coral Springs office
Fiserv to remain as tenant in sale-leaseback deal
Videos
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Dentist to the stars sues Central Park South co-op, board #shorts
Former Vornado exec to face embezzlement trial in April #shorts
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Rent Guidelines Board says buildings’ net income climbed by 6% #shorts
Mall titan David Simon dies at 64 #shorts
Breaking down the battle between brokerages and tech platforms | Deconstruct
5 WTC plans on “pause” due to rising costs #shorts
Zillow launches pre-market option #shorts
Miami Beach is in revolt over waterslides #shorts
BlueSquare X is launching a new era of luxury sales galleries using immersive tech l | Brand Studio
A constitutional crisis in Section 8 housing | Deconstruct
Is 3D-printing the future of construction? #shorts
What's the right place for an LA trophy mansion? #shorts
The real reason NYC rents wont drop #shorts
Is Tilman Fertitta about to buy Caesars? #shorts
Developers for this $6.5 billion supertall took investors on a “field trip" #shorts
Why some NYC apartments sit vacant | Desconstruct
Trump’s war footing has SoCal defense outfits on hunt for office, industrial space #shorts
Who's still buying NYC's rent stabilized buildings? | Deconstruct
Campaign promises offered as assurances on California’s troubled resi insurance market
Forum in fire-ravaged Pacific Palisades backdrop for talk on rethinking state government’s approach
Cerberus’ Wedbush Center faces foreclosure after $100M-plus default
Trouble comes after namesake tenant loss, value haircut and loan landing in special servicing
Anaheim mall set for housing rebirth as City Council approves latest OC theater demolition
Shea Properties project to contribute nearly 450 units, including some affordable, to city’s housing supply
Oceanwide Plaza buyer faces resistance, confirmation hearing pushed
Creditors KPC, Lendlease $470M purchase proposal hit with county and federal opposition, city asks for more time
Lights, camera, action: Jean Harlow’s Holmby Hills estate hits market for $17M
LA luxury market on upswing despite Measure ULA
Goldman Sachs provides $80M refi for Marina Del Rey office campus
Continental, Mar Ventures development houses World Surf League HQ, Electronic Arts offices
How Shanna Khan became queen of Fulton Market
The billionaire daughter has become the face of her family’s foray into commercial real estate development
AI firm plants flag in Fulton Market, as tenants pull back on Chicago sublease offerings
Teragonia will rent the fourth floor at 318 North Carpenter Street from Flock Freight, which also shopped the fifth floor until opting to keep that portion of property
Leadership dispute unfolding at Chicago Housing Authority, as Mayor Johnson seeks ouster of interim chair
Matthew Brewer led a surprise vote in March to hire Keith Pettigrew as CEO, a move Johnson claims violated state law
Chicago standoff: Rialto smacks Jenel with with $17M Loop retail foreclosure suit
Dispute tied to storefront at 36 South State Street marks at least the second legal skirmish with the special servicer over a Jenel-owned property
Service Properties lists Royal Sonesta for sale in Chicago
River North hotel is on first 17 stories of a 36-story high-rise
Giannis Antetokounmpo again sets his sights on Uptown Chicago multifamily
NBA star’s family office Ante acquired the 59-unit Portrait building, following its January purchase of the nearby Harmony Apartments
Campaign promises offered as assurances on California’s troubled resi insurance market
Forum in fire-ravaged Pacific Palisades backdrop for talk on rethinking state government’s approach
Forget the glass towers. SF’s AI boom finds a home in a 19th-century neighborhood.
While downtown stalled and SoMa emptied out, two blocks of old brick quietly became the fastest-recovering address
A billion-dollar bet on a San Francisco skyscraper ended in a loss. Michael Shvo still got paid.
The Transamerica Pyramid sold for $692 million. The investors who bankrolled its $250 million renovation are taking a massive hit. Michael Shvo is taking $34 million.
SpaceX bigwig takes off with record-setting Lake Tahoe mansion
$125M sale more than doubles previous bar set on ritzy lakeshore
Anthropic’s SF leasing spree continues with another 100K sf in FiDi HQ cluster
AI firm growing fast as demand for space tightens
Ryan Seacrest spins wheel on reduced estate listing in Napa Valley
TV host slashes St. Helena home price in latest search for buyer
Dallas honcho Mehrdad Moayedi eyes multifamily conversion for former Mary Kay headquarters
Moayedi’s Centurion American secured $15M in historic tax credits for the 176-unit conversion
Silicon Valley’s record-setting spec builder moves to Texas
Dallas finance buzz drives demand for luxury — and recalls Austin’s tech bubble
Mapletree Investments offloads 1.4M sf industrial portfolio to Dallas operator
Dalfen Industrial paid $208M for the 19 properties
South Congress Hotel in Austin to reopen under the Standard banner, marking the first in Texas
Hotel will close in May and will be redeveloped under the Hyatt brand
VoltaGrid follows Dow’s lead with a 60K sf lease at Houston’s CityCentre Six
Midway’s newest office building was 90% pre-leased upon completion
Mark Cuban feeling seller’s remorse over Dallas Mavericks
Since buying the Dallas Mavericks in late 2023, Adelson has focused on using the team as a vehicle for the development of a casino-arena
Fannie Mae opens door to crypto-backed mortgages
Better, Coinbase roll out product letting buyers pledge bitcoin instead of cash
Zillow expands pool of brokerage partners for pre-market offering
Serhant, Samson Properties, LeadingRE join firms with access
Supreme Court punts on CoStar appeal, clearing path for antitrust fight
Crexi’s monopoly claims head back to lower court after high court denial
Disclosure rules around all-cash buyers struck down
Judge undoes federal anti-money laundering measure
Boston
Success Real Estate founder pleads guilty to $11M embezzlement
Stephen Webster sentenced to two to three years in prison
Denver
Toll Brothers plots more pricey homes in Denver area
282-acre suburban project adds to region’s high-end resi pipeline
British developer appears to shatter global home sale record
Nick Candy selling London property for $350M
Japanese homebuilders increase US foothold
Recent multibillion-dollar deals set to bring market share to 6%
Dallas family office joins $1B Saudi hotel development
Patel venture targets 50 business hotels, as Kingdom ramps up tourism goals
Dubai real estate bonds dip into distress
Regional war tightening refi options, financial pressure
Blackstone targets housing sale in another European country
Company seeks to sell 60 apartments at Paris mixed-use complex
Blackstone commits $15B to Japanese real estate
Tokyo, Osaka remain NY-based firm’s main focus
National
U.S. housing pricing growth moderates ahead of spring buying frenzy
War with Iran could disrupt market if mortgage rates continue to rise
National
REITs outperform in first quarter amid macroeconomic concerns
Data centers, health care properties fuel REIT performance
National
What are the best markets for multifamily investments?
Washington, D.C., Las Vegas rank high among top cities for apartment building buyers
National
Tariffs, war keep pressure on construction costs
Wage increases make up large proportion of industry costs
National
U.S. office-to-apartment conversions hits new high
NYC, Washington, D.C. lead the pack
National
Days on market climb as housing frenzy continues to fade
The national median days on market hit 66 in February, the highest level for the month since 2016
New York
Help for rent-stabilized landlords appears unlikely as Mamdani’s board kicks off
Advocates talk of targeted approach to distress, but no proposals
Boston
Success Real Estate founder pleads guilty to $11M embezzlement
Stephen Webster sentenced to two to three years in prison
International
British developer appears to shatter global home sale record
Nick Candy selling London property for $350M
Los Angeles
Campaign promises offered as assurances on California’s troubled resi insurance market
Forum in fire-ravaged Pacific Palisades backdrop for talk on rethinking state government’s approach
South Florida
Related Ross drops $37M on Coral Springs office
Fiserv to remain as tenant in sale-leaseback deal
New York
Manhattan’s luxury listings fall to nearly 20-year low
Rush of deals, Iran war concerns sapped condo, co-op supply
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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.
San Francisco
Anthropic’s SF leasing spree continues with another 100K sf in FiDi HQ cluster
AI firm growing fast as demand for space tightens
South Florida
Falcone sells Fort Lauderdale rental tower for $108M as i-sales pick up
Multifamily oversupply hasn’t stopped momentum
Chicago
Service Properties lists Royal Sonesta for sale in Chicago
River North hotel is on first 17 stories of a 36-story high-rise
New York
Rabsky reels in $765M refi for DoBro development
Multifamily complex at 625 Fulton slated to deliver 1K units
Chicago
AI firm plants flag in Fulton Market, as tenants pull back on Chicago sublease offerings
Teragonia will rent the fourth floor at 318 North Carpenter Street from Flock Freight, which also shopped the fifth floor until opting to keep that portion of property
South Florida
Related Ross drops $37M on Coral Springs office
Fiserv to remain as tenant in sale-leaseback deal
New York
Sotheby’s Nikki Field to head sales at Five Points’ Fifth Avenue tower
Under-construction Flatiron District project will begin private showings in May
Texas
North Texas judge grants injunction blocking East Plano development The Meadow
402-acre mixed-use project designed as a Muslim-centric neighborhood north of Dallas would include 1,000 homes, a faith-based school and mosque
Texas
Dallas honcho Mehrdad Moayedi eyes multifamily conversion for former Mary Kay headquarters
Moayedi’s Centurion American secured $15M in historic tax credits for the 176-unit conversion
New York
Former DOB supervisor indicted on bribery, conspiracy charges
Jake Udeh took more than $75K to expedite construction approvals: prosecutors
New York
Aron Stark’s comeback arrives in Union Square
One-time jailed landlord files plans for 29-unit development
South Florida
One Thousand Museum developer sued by condo association
Lawsuit targets allegedly unlawful vote regarding financial reserves