Zeckendorf, Atlas Capital’s 80 Clarkson nabs contract for $129M
Multiple-unit deal would be first to surpass nine figures in Downtown Manhattan
Croman foreclosures, including “The Nanny” house, reach $306M
Bellwether Asset Management entity seeking judgments on Croman personally
NYC’s top deals: UES penthouse sells for $12M
TRD reports top transactions for Wednesday, Dec. 17, 2025
NYC deputy mayor to reboot RE firm
Adolfo Carrión plans to revive Metro Futures
Even dead tenants are hard to evict
Frustrating process keeps units vacant, costs landlords thousands
Kensico begins onerous land-use review for 509 Mad conversion
Developer hopes to create 30-story hotel in Midtown Manhattan
World’s richest optometrist buys oceanfront South Florida mansion
Massive estate sold for $28M in 2021
Miami’s Goodtime Hotel owners locked in nasty legal battle over $149M debt
Lender CIM allegedly attempting to squeeze Eric Birnbaum and Michael Fascitelli over payment guarantee
David Martin’s Terra sells South Florida shopping center for $74M
North Miami-based IMC Equity acquired three-level retail building
Jeffrey Soffer cashes out of Big Easy Casino parking lot for $31M
Billionaire sold 12 acres of Hallandale Beach gambling site to Kadima Developers, which immediately flipped 3 acres for $12M
Billionaire Jorge Mas sells waterfront mansion for $32M in his latest big South Florida sale
Inter Miami co-owner also recently sold a waterfront property in Coconut Grove for over $100M
Boca Raton approves apartment development in former business park
222-unit apartment project is the latest planned for the Park at Broken Sound
Videos
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Brookfield’s latest selloff: FIGat7th
Mall is last of giant’s properties in LA’s Financial District to hit market
Hackman faces dwindling studio demand as Netflix, Paramount battle over Warner Bros.
Production space landlord mulls pivoting to other uses at soundstages across LA
Baldwin Hills, Leimert Park appreciation rates rise — but trail much of L.A. County
Prices in South L.A. neighborhoods jumped more than 30 percent in third quarter over prior trades
Pasadena pols consider mixed-use affordable proposal from 4D Development
149 units, 9K sf ground-floor retail floated for Lake Avenue site
Inland Empire leads LA-area rental growth
Rents, vacancies expected to climb across SoCal in coming years
Connected Companies scores $26M construction loan for Rosemead multifamily project
Columbia Bank provides financing for 75-unit mixed-use development
Chicago Bears eye move to Indiana as stadium funding talks stall in Illinois
Team’s cross-border flirtation amps up pressure on Springfield, but risks fan backlash and media fallout
Chicago investor fighting through cascade of legal woes
Investor scored one Chicago’s steepest office discounts ever but his business is facing legal threats from every direction
Citadel slashes Chicago space amid Griffin era unwinding
Hedge fund exits Loop tower, shrinks to 50K sf as head tax fight rattles business community
Buyer revealed: Multifamily developer snagged $11M suburban Chicago estate
Cal Akin plans to overhaul Benjamin Marshall–designed mansion
Chicagoland lakefront estate sells for $11M after years on market
Seven-year saga ends at a fraction of 2023 asking price, amid luxury sales surge
Convexity revives stalled Chicago high-rise site with slimmer tower
DRW arm pitches 28-story apartment building at State and Elm after prior plan fizzled
How Portland beats San Francisco on missing-middle housing construction
Oregon city built six times more small-scale multifamily units in three years
Texas investors swoop into San Francisco’s commercial market
Douglas MacMahon, Hines swing for fences with purchases, construction plans
Reliant Group drops $90M for East Bay affordable apartments
SF-based firm plans $23M rehab, renovation of Pittsburg property receiving tax credits
534K sf Oakland industrial park seeks buyer
Bridge Industrial spent $92M redeveloping site after $38M purchase
Shuttered Kohl’s store in Fremont sells to group linked to H Mart CEO, Vornado
98K sf property trades in $18M all-cash deal
RBC sells debt tied to 66 SF apartment buildings owned by Veritas
Revere Housing buys $570M nonperforming loan from Canadian lender
Facebook, Google to spend $1.4B in Texas data center construction this month
$3.4B budgeted to build centers statewide this year
Dallas
Dallas mansion trades for $31M — after brief stint as priciest listing in Texas
Nearly 13K sf University Park estate sold below $35M asking price, previously the most expensive publicly marketed home statewide
San Antonio
Dhanani picks up Park North shopping center in San Antonio for $115M
Sterling Organization exits 45-acre retail hub near North Star Mall, as Houston buyer enters tight market
Itex plans hotel to replace Galveston’s long-empty Medical Arts Building
120-key Hilton Tapestry slated to open in 2028, after years of redevelopment false starts
Austin housing supply hits highest level of the year
November slump exceeds seasonal trends, as sales and dollar volume fell, year-over-year
Texas investors swoop into San Francisco’s commercial market
Douglas MacMahon, Hines swing for fences with purchases, construction plans
Freddie Mac finds its next CEO
Kenny Smith arrives at critical time for mortgage provider
Sonder’s 190 leasehold interests up for sale
Offers for shuttered hospitality operator’s portfolio expected to close by February
These were residential real estate’s top stories of 2025
Mergers, court battles and a new mayor sparked headlines
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.
Denver
Palantir CEO Alex Karp sets record with $120M monastery purchase
3.7K-acre Snowmass property boasts multiple homes, undeveloped land
Douglas Elliman CMO Stephanie Garbarini exits brokerage
Former Elliman marketing employee will replace exec after six-year stint
Japan to require foreign property buyers to declare nationality with government
Part of greater push against non-Japanese purchasers
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
National
Sun Belt rental vacancy rates climb
Meanwhile, rental vacancy rates in the Midwest, Northeast fall year over year
Los Angeles
Baldwin Hills, Leimert Park appreciation rates rise — but trail much of L.A. County
Prices in South L.A. neighborhoods jumped more than 30 percent in third quarter over prior trades
National
New York leads markets with discounted house listings
About 3% of U.S. homes had price drops in November
New York
Distressed U.S. mortgages jump 21% in November
Charlotte metro saw largest residential foreclosure climb at 125%
Los Angeles
Focus on TRD Data: Priciest Family Home Sales in Bel Air in 2025
New York
Triumphs and troubles: How did NYC’s ultraluxury resi market fare in 2025?
More deals, fewer dollars for properties at $10M+
Texas
Austin housing supply hits highest level of the year
November slump exceeds seasonal trends, as sales and dollar volume fell, year-over-year
New York
NYC’s top deals: UES penthouse sells for $12M
TRD reports top transactions for Wednesday, Dec. 17, 2025
Chicago
Chicagoland lakefront estate sells for $11M after years on market
Seven-year saga ends at a fraction of 2023 asking price, amid luxury sales surge
Denver
Palantir CEO Alex Karp sets record with $120M monastery purchase
3.7K-acre Snowmass property boasts multiple homes, undeveloped land
South Florida
Billionaire Jorge Mas sells waterfront mansion for $32M in his latest big South Florida sale
Inter Miami co-owner also recently sold a waterfront property in Coconut Grove for over $100M
Los Angeles
Inland Empire leads LA-area rental growth
Rents, vacancies expected to climb across SoCal in coming years
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New York
NYC’s top deals: UES penthouse sells for $12M
TRD reports top transactions for Wednesday, Dec. 17, 2025
New York
Croman foreclosures, including “The Nanny” house, reach $306M
Bellwether Asset Management entity seeking judgments on Croman personally
San Francisco
Shuttered Kohl’s store in Fremont sells to group linked to H Mart CEO, Vornado
98K sf property trades in $18M all-cash deal
South Florida
David Martin’s Terra sells South Florida shopping center for $74M
North Miami-based IMC Equity acquired three-level retail building
San Antonio
Dhanani picks up Park North shopping center in San Antonio for $115M
Sterling Organization exits 45-acre retail hub near North Star Mall, as Houston buyer enters tight market
Los Angeles
Brookfield’s latest selloff: FIGat7th
Mall is last of giant’s properties in LA’s Financial District to hit market
New York
Even dead tenants are hard to evict
Frustrating process keeps units vacant, costs landlords thousands
Chicago
Chicago Bears eye move to Indiana as stadium funding talks stall in Illinois
Team’s cross-border flirtation amps up pressure on Springfield, but risks fan backlash and media fallout
South Florida
Jeffrey Soffer cashes out of Big Easy Casino parking lot for $31M
Billionaire sold 12 acres of Hallandale Beach gambling site to Kadima Developers, which immediately flipped 3 acres for $12M
Chicago
Buyer revealed: Multifamily developer snagged $11M suburban Chicago estate
Cal Akin plans to overhaul Benjamin Marshall–designed mansion
New York
Kensico begins onerous land-use review for 509 Mad conversion
Developer hopes to create 30-story hotel in Midtown Manhattan
South Florida
Boca Raton approves apartment development in former business park
222-unit apartment project is the latest planned for the Park at Broken Sound