Free at last? Charles Cohen pays off $187M Fortress debt
Billionaire has satisfied judgment, creditor plans to pursue other claims
Alleged rental scammer dodges accountability despite years of complaints
Dozens say Queens man pocketed money as regulators, prosecutors failed to act
Former architect sentenced for Gilgo Beach killing spree
Rex Heuermann receives life sentence without parole
Real estate getting drama treatment at Hulu
George Stephanopoulos executive producing “The Pinnacle”
How an alleged California fraudster seized a regional bank and swindled a seasoned landlord
Gerald Marcil filed two lawsuits against Mahender Makhijani who feds say orchestrated a $100M scheme
Yellowstone nabs $480M construction loan for 1740 Broadway conversion
Madison Realty Capital provided financing for 422-unit development
Steve Ross sets sight on “micro city” at Boca Raton’s ex-IBM campus
BRiC already has approvals for over 1K resi units, 125K sf of retail, plus medical offices and entertainment venue
Kushner, Cain pay $43M for Edgewater site amid apartment rent-growth predictions
Project is first under joint venture between heavy hitters
Bass Pro Shops rings up Cheeca Lodge resort in Florida Keys
Outdoor retailer acquired 27-acre property from Northwood Investors
Inside litigation surrounding Singer Island condo-hotel
Unit owners have raised claims of shoddy construction and allegedly broken promises, which developer denies
Terra, BH to pay $100M for billionaire Jeff Greene’s West Palm land
Greene paid $1.5M over a decade ago for land he described as “the best site left anywhere in Palm Beach County”
Billionaire video game developer pays $71M for McMackins’ waterfront Manalapan estate
Home with tunnel to beach bungalow was on the market for $85M
Five new mansions hit market in elite Hidden Hills asking up to $40M
TDR Development completed five of 14 planned homes in gated LA County town
Developers win over Planning Commission for Silver Lake apartments despite public backlash
LA city inching toward 457K unit housing goal by end of decade
Rockstar Energy founder lists LA mansions for $119M
Longtime luxury investor hopes to capture wealthy buyers from SpaceX, OpenAI, Anthropic IPOs
Kanye West’s former Malibu home slated for foreclosure, again
Owner Belwood Investments filed for bankruptcy before March auction, which court ruled was in “bad faith”
Pulte plots industrial-to-housing conversion in Fremont
140-condo development follows firm’s 145 single-family community in East Bay city
Developer eyes vacant Long Beach gas station for 82 apartments
City faces nearly 27K-unit housing target required by state
Lake Geneva’s historic Allegheny estate lists for $24M as priciest in southern Wisconsin
Howard Van Doren Shaw-designed waterfront mansion is 102 years old and sits on more than 20 acres
Double-dipping: Walker & Dunlop alleges investor committed fraud to get inflated loans for Chicago apartments
Lawsuits claim Chaim Bialostozky secured mortgages larger than acquisition costs through back-to-back, same day property sales
Brandon Johnson floats $425M taxpayer assist for Related Midwest’s The 78
TIF package for megaproject would fund infrastructure, parking and future development platform
Chicago developers list Fulton Market office opposite Google
Murphy and Creek Lane seek asset sale following PGIM loan maturity, retail eviction, and suburban office loss
Chicago’s top construction permits: Week ending June 16, 2026
TRD reports on Windy City’s top new permits last week
Developer Oakley snags suburban Chicago equestrian estate for well below $10M asking price
Jacqueline Laase Parrillo sells equestrian property at 40 percent discount, as buyer plans active adult community
SF landlord accused of killing tenant to clear Sunset home for sale
Lawsuit alleges resident was shot by landlord, who was charged with murder
SummerHill, Cypress plot San Jose office-to-resi redev with affordable apartments
Silicon Valley housing market feeling heat from AI-powered population boom
Kalthia buys another distressed Bay Area hotel months after foreclosed loan sale
Hospitality distress across region continues to mount
Silicon Valley rents to rise as much as 7% over the next year: CoStar
Multifamily vacancy tightens as AI-powered demand collides with limited supply
Dishelved San Jose site proposed for offices, then housing, falls into default
Nearly $7M delinquent loan joins growing list in South Bay city
SF’s great AI lease-up continues with latest firm growing nearly sixfold in SoMa
AI leasing pushing citywide demand back to pre-pandemic levels: JLL
Forget the Alamo, remember the “Dellionaires”: What SpaceX’s IPO means for Texas real estate
Millionaires in the Rio Grande Valley and Austin are expected to upgrade digs
Morgan Stanley eyes central Dallas site for office tower
Possible project follows wave of corporate departures
Scion of America’s biggest ranch sells historic Houston home
King Ranch honcho’s River Oaks property ranked among city’s priciest May sales
Trademark lassos Whole Foods for suburban Dallas mixed-use development
Fort Worth developer plans to start construction this summer
Ninety9, Ironridge snag distressed Dallas-Fort Worth apartments after foreclosure sales
Trevian Capital, CoreVest sold both properties in May
Celestica doubles down on Dallas suburb with lease renewal, planned expansion
1 million-square-foot plan follows Fort Worth manufacturing plant announcement
CoStar hit with another antitrust lawsuit, alleging price-fixing of commercial rents
Five CRE brokerages also accused of “hub-and-spoke” conspiracy
Philadelphia
Michael Levitt, affordable housing pioneer, dies at 94
Camden-based Michaels Organization is a leader in the sector
LISTEN: Inside David and Michael Shabsels’ summer camp empire
“Deconstruct” podcast is live on Apple Podcasts, Spotify and more
The World Cup has arrived. Which real estate markets are cashing in?
Plus, a collapsed summer camp empire, a manslaughter trial in South Florida and more national real estate news this week
Housing Notes: The spring market was delayed by a month
Unexpected macro events like wars, tend to do that
Seattle
Seattle office building leased to Google hits high-vacancy market
Vulcan Real Estate trimming Seattle office holdings as buyers snap up buildings
Dolce & Gabbana eyeing sale-leaseback for Milan properties
Fashion brand seeks to raise liquidity, refinance debt
Directors attached to UK’s Godwin Group hit with £155M suit
£162M investment into property-backed loan notes may not be fully recovered
Blackstone eyeing Canadian REIT acquisition
Takeover negotiations for H&R involving TPG, Crestpoint previously collapsed
AHS Properties pays $300M for Dubai Shangri-La
Developer adds to central Dubai portfolio
London luxury boom rolls on with another $200M sale
Regent’s Park mansion trades hands for 40% markup after 18 months
Malaysia, Australia emerge as Asia-Pacific’s biggest data center growth hotspots: CBRE
APAC data center investment soared to record high of nearly $12B in 2025
New York
Manhattan agents endured volatile market conditions before dropping off
Competition heightened as borough agent population stayed crowded
National
DOGE promised lease cuts. The federal rent bill barely budged.
Government’s annual rent bill has remained effectively unchanged
Chicago
Chicago housing approvals on track to increase this year
National
Sinking in debt: the number of underwater homes in the US reached 2 million
It surged 15% year-over-year in the first three months of 2026.
National
Home ownership is a better financial move after six years
Despite high entry costs, a new Zillow report finds that buying a home beats renting
Texas
As listings pile up, DFW home prices keep falling
Across the Metroplex, median sale price dropped 1.7%
San Francisco
SF landlord accused of killing tenant to clear Sunset home for sale
Lawsuit alleges resident was shot by landlord, who was charged with murder
South Florida
Billionaire video game developer pays $71M for McMackins’ waterfront Manalapan estate
Home with tunnel to beach bungalow was on the market for $85M
Los Angeles
Rockstar Energy founder lists LA mansions for $119M
Longtime luxury investor hopes to capture wealthy buyers from SpaceX, OpenAI, Anthropic IPOs
National
Housing Notes: The spring market was delayed by a month
Unexpected macro events like wars, tend to do that
New York
Alleged rental scammer dodges accountability despite years of complaints
Dozens say Queens man pocketed money as regulators, prosecutors failed to act
Chicago
Chicago’s top construction permits: Week ending June 16, 2026
TRD reports on Windy City’s top new permits last week
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Los Angeles
Pulte plots industrial-to-housing conversion in Fremont
140-condo development follows firm’s 145 single-family community in East Bay city
Los Angeles
Developer eyes vacant Long Beach gas station for 82 apartments
City faces nearly 27K-unit housing target required by state
New York
How an alleged California fraudster seized a regional bank and swindled a seasoned landlord
Gerald Marcil filed two lawsuits against Mahender Makhijani who feds say orchestrated a $100M scheme
New York
Free at last? Charles Cohen pays off $187M Fortress debt
Billionaire has satisfied judgment, creditor plans to pursue other claims
Texas
Ninety9, Ironridge snag distressed Dallas-Fort Worth apartments after foreclosure sales
Trevian Capital, CoreVest sold both properties in May
Texas
Celestica doubles down on Dallas suburb with lease renewal, planned expansion
1 million-square-foot plan follows Fort Worth manufacturing plant announcement
South Florida
Terra, BH to pay $100M for billionaire Jeff Greene’s West Palm land
Greene paid $1.5M over a decade ago for land he described as “the best site left anywhere in Palm Beach County”
South Florida
Costco, multifamily on tap as mixed-use projects power Pompano Beach
Cordish, Caesars requested approvals for retail power player at The Pomp
Texas
Universal Music plans first US branded condo project in Austin
Local developer Chris Milam pitched new project after pulling the plug on Violet Crown
New York
Real estate getting drama treatment at Hulu
George Stephanopoulos executive producing “The Pinnacle”
Texas
Trademark lassos Whole Foods for suburban Dallas mixed-use development
Fort Worth developer plans to start construction this summer
Chicago
Developer Oakley snags suburban Chicago equestrian estate for well below $10M asking price
Jacqueline Laase Parrillo sells equestrian property at 40 percent discount, as buyer plans active adult community