Will Eric Adams thwart Mamdani’s rent freeze?
Outgoing mayor appointed two new members and reappointed two others.
Rabina reels in $640M refi for Fifth Avenue supertall
Carlyle provided loan on new 88-story mixed-use tower
Mamdani taps housing czar
Mayor-elect names Leila Bozorg as deputy mayor of housing and planning
Lakewood lender targets Nussbaum’s partner over escrow mess
New lawsuit, recording put the focus on Mark Nussbaum’s ex-law partner Sam Lowinger
Minnesota’s mistake on rent control
WSJ story shows folly of policy, but gets one thing wrong
“Time kills all deals”: City Council approves bill ending co-op application purgatory
Proposed law puts co-op boards on 45-day deadline & more in notes from a resi reporter
Steve Ross scores $772M loan for West Palm office projects
Biggest construction financing in South Florida history is part of billionaire’s push to turn city into financial and tech mecca
Grant Cardone tops South Florida multifamily deals with $235M distress buy
Social media personality and Penn-Florida bought a Boca Raton building out of bankruptcy proceedings
Miami estate asking $135M nabs buyer
It’s the latest in a string of high-profile South Florida residential sales
Camaco proposes 36-unit waterfront resi building in Fort Lauderdale
Proposal for 21-story high-rise is expected in front of city planning and zoning board next month
Bakery mogul pays $35M for Fisher Island penthouse
9,800 sf unit traded for $20M in 2021
No deal? Glenn Straub allegedly backs out of $21M golf course sale
Buyer BH Group sued to close purchase of 151-acre Palm Beach County site
Videos
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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
Pimco, Witkoff firm in default on $400M loan tied to LA apartment complex
Commercial debt woes mount as amount owed climbs
John Aaroe, luxury brokerage owner and agent to the stars, dead at 74
The founder of John Aaroe & Associates and John Aaroe Group was considered a mentor by many of the market’s top talent
Pasadena tenants say Hines pulling amenity bait-and-switch
Landlord accused of stiffing residents, charging more rent for fewer services
Douglas Elliman, Newport Beach manager settle legal blows
Suit accused brokerage, ex-regional head Stephen Kotler of wrongful termination, sexual harassment
Rumblings of a deal for EY Plaza — but will it stick?
Plus, Brookfield adds downtown mall to sales sheet, Jamison reportedly turning away Section 8 tenants and more on week of LA commercial real estate news
Top OC law firm leaves Santa Ana HQ for new Irvine digs
Irvine Company-developed tower to feature new tenant signage
Downtown Chicago parking garage owners on the hook for $10M after foreclosure
Lender Swiss Re seized building with $22M credit bid, leaving landlord with massive unpaid tab
Former Illinois House Speaker cashes out New Buffalo lakefront home for nearly $7M
Lee Daniels’ Southwest Michigan house sold at asking price after after two months, underscoring continued demand for high-end second homes
Obama’s former boss resurfaces with hotel plan near presidential center
Allison Davis’ past real estate deals cost Chicago pension funds $54M — yet City Hall is still negotiating land sales
Loan for full purchase price of building signals rare office comeback in downtown Chicago
Menashe Properties lands $45M Goldman Sachs financing for property at 230 West Monroe, same amount the firm paid in cash for it two years ago
Boeing sells former Chicago HQ for $22M, stays on as tenant
Hines and Stahl scoop up leasehold at 100 North Riverside as aerospace giant loosens city ties
Alliant bucks office consolidation trend with two-pronged Chicago move
Insurance brokerage splits workforce between Fulton Market and the Loop
Home run: SF Giants buy historic Curran Theatre from Shorenstein scion
Union Square venue the latest MLB arts-related real estate purchase
Alexandria’s Bay Area sell-off hits Palo Alto life sciences building
Strada picked up up 60K sf property for $29M amid unsteady market
AvalonBay finds buyer for Inner Sunset apartments
Bridge Capital under contract for 243-unit Sunset Towers residences
Match point: Alexandria prepares to sell SF Tennis Club
Buyer to have choice between building 1.5K units, 1.1M sf commercial at SoMa site
Fannie Mae to flee “woke California” offices in San Francisco for Alabama
Trump, Pulte back cross-country move for company
Shuttered Kohl’s store in Fremont sells to group linked to H Mart CEO, Vornado
98K sf property trades in $18M all-cash deal
Howard Hughes bets beyond property with $2B insurance deal
Ackman-backed company targets “modern Berkshire” model as excess real estate cash finds new outlet
Dallas
TCU’s $500M campus buildout pushes for more student housing
Fort Worth university also tees up retail, athletics and infrastructure upgrades
Houston
Houston Rockets tee up $25M suite overhaul at Toyota Center
Team-funded project adds to wave of upgrades at downtown arena
California firm picks up suburban Dallas retail strip with redevelopment potential
Campbell Junction in Richardson is fully occupied with vacant spot for additional development
Dallas
Centurion American breaks ground on luxury townhomes in northwest Dallas
Mehrdad Moayedi plans $35M infill project on tornado damaged former county site
Biggest industrial facility between Dallas and Austin sells in first trade since 1943
Glass manufacturer O-I, formerly Owens-Illinois, sold its Waco property to Keating Resources, which plans to subdivide the 1M sf building and has commitments for 20% of it
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
I see dead people: Trump admin probes Colorado housing providers over assistance fraud
221 deceased Coloradans reportedly received federal help
Nashville
Nashville’s office glut fuels hotel conversion wave
Nearly 2M sf of workspace eyed for hospitality, as distressed towers trade for a discount
Canada’s top pension eyes $2B industrial buying spree
CPPIB teams up with Dream Industrial as logistics bets outshine broader real estate
San Diego
UCSF bites on $767M for twin Mission Bay buildings from Alexandria
School of Dentistry plans to relocate by end of decade
Japan to require foreign property buyers to declare nationality with government
Part of greater push against non-Japanese purchasers
Jared Kushner abandons controversial Trump-branded hotel project in Serbia
Departure comes after special prosecutor indictments surrounding development
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
National
Which markets are most affected by Sonder’s liquidation sale?
STR operator’s 189 leases with top markets New Orleans, Nashville and Philly
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
“Time kills all deals”: City Council approves bill ending co-op application purgatory
Proposed law puts co-op boards on 45-day deadline & more in notes from a resi reporter
New York
NYC’s top deals: Billionaires’ Row pad trades for $21M
TRD reports top transactions for Friday, Dec. 19
Los Angeles
Pimco, Witkoff firm in default on $400M loan tied to LA apartment complex
Commercial debt woes mount as amount owed climbs
South Florida
Bakery mogul pays $35M for Fisher Island penthouse
9,800 sf unit traded for $20M in 2021
Denver
I see dead people: Trump admin probes Colorado housing providers over assistance fraud
221 deceased Coloradans reportedly received federal help
South Florida
Historic Palm Beach estate asks $175M after herculean renovation
Built in 1923, Venetian-style mansion was damaged by flooding
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The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Los Angeles
Rumblings of a deal for EY Plaza — but will it stick?
Plus, Brookfield adds downtown mall to sales sheet, Jamison reportedly turning away Section 8 tenants and more on week of LA commercial real estate news
New York
The Daily Dirt: AI’s 9-9-6 grind is rough on workers, rosy for real estate
Will punishing workweek fuel demand for high-end offices, apartments?
New York
NYC’s top deals: Billionaires’ Row pad trades for $21M
TRD reports top transactions for Friday, Dec. 19
Los Angeles
Pimco, Witkoff firm in default on $400M loan tied to LA apartment complex
Commercial debt woes mount as amount owed climbs
International
Canada’s top pension eyes $2B industrial buying spree
CPPIB teams up with Dream Industrial as logistics bets outshine broader real estate
San Francisco
Home run: SF Giants buy historic Curran Theatre from Shorenstein scion
Union Square venue the latest MLB arts-related real estate purchase
New York
Minnesota’s mistake on rent control
WSJ story shows folly of policy, but gets one thing wrong
New York
“Time kills all deals”: City Council approves bill ending co-op application purgatory
Proposed law puts co-op boards on 45-day deadline & more in notes from a resi reporter
Dallas
Centurion American breaks ground on luxury townhomes in northwest Dallas
Mehrdad Moayedi plans $35M infill project on tornado damaged former county site
South Florida
No deal? Glenn Straub allegedly backs out of $21M golf course sale
Buyer BH Group sued to close purchase of 151-acre Palm Beach County site
Dallas
TCU’s $500M campus buildout pushes for more student housing
Fort Worth university also tees up retail, athletics and infrastructure upgrades
South Florida
Terra and Frisbie’s massive One Boca project wins backing of city board
Controversial project, with 950 resi units, still needs to be approved by voters