Name: Sola Impact's for-profit affordable housing model made a splash. Now, it's coming under scrutiny.
Uploaded: 2025-08-06T11:00:12Z
Description: Sola Impact, the Los Angeles-based real estate firm known for an irresistibly capitalist approach to building affordable housing affordably, has been facing major obstacles that could jeopardize its plans and poke holes in its idealistic pitch.

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Luxury fashion brand Chrome Hearts purchased a small Malibu hotel called the Surfrider for $37.5 million, notching one of California’s priciest per-key deals ever and the priciest all year. Watch as we break down the deal.

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What's going on at the Raleigh Hotel? One of Miami Beach’s most iconic properties was supposed to make a comeback, courtesy of Michael Shvo. Now, new owner Nahla Capital has the keys. Will they revive Shvo’s stalled vision … or reinvent the Raleigh yet again? Watch as Ethan McCarthy explains.

What's happening to Miami's Raleigh hotel? #news #miamibeach #realestate

In January, a devastating wildfire tore through Los Angeles neighborhoods including Pacific Palisades and Altadena. Since then Anthony Marguleas, a longtime residential real estate broker in the Palisades, told TRD he has become as much a community leader as an agent.

The Pacific Palisades are starting to rebuild. Broker Anthony Marguleas showed us around.

In Downtown Los Angeles, gleaming, graffitied towers loom over an office district that was more than 30% empty last quarter. Those towers, from the failed Oceanwide Plaza development, have become a symbol of DTLA's struggle. The Real Deal sent senior editor Lauren Schram on the ground to check out the market, explain how it got here, and where it could go next.

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Tao Group's Noah Tepperberg still hits the club. Or at least, he still makes it a point to visit his restaurant, nightlife, and other hospitality venues: "You have to see what [the venues] look like when they're empty and when they're open," he told The Real Deal's Amir Korangy in the latest edition of Coffee Talk. 

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Major investors like Related's Steve Ross and billionaire Jeff Greene have made West Palm Beach a real estate development hotspot. But those projects have focused on prime areas of the booming South Florida town. Now, one team of developers is planning a sweeping redevelopment they're calling the Nora District in a southern, formerly industrial area of West Palm. The Real Deal's Lidia Dinkova went onsite to check out the development, and spoke with one of its leaders to get inside their plans. 

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Sola Impact, the Los Angeles-based real estate firm known for an irresistibly capitalist approach to building affordable housing affordably, has been facing major obstacles that could jeopardize its plans and poke holes in its idealistic pitch.

Sola Impact's for-profit affordable housing model made a splash. Now, it's coming under scrutiny.

Across the country, more and more Americans agree that we need to build more housing. But as ICE targets construction sites for raids searching for immigrants who are in the country illegally, more and more construction day laborers are staying away – even those who have authorization to work here. Now the nation faces a labor shortage in the middle of its housing crisis. TRD's Ethan McCarthy breaks it down in the video above.

Trump's ICE is cracking down on undocumented immigrants. It's killing the US construction industry

For many New Yorkers, getting into a rent stabilized apartment is the dream. But for the landlords who own those buildings, a once-solid investment has become a nightmare. In the latest magazine, The Real Deal breaks down the dangers lying in wait for affordable housing investors – and profiles an investor team that thinks they can still make the numbers work. 

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New York City's Democratic primary is next week. Do you know who you're voting for? Industry pros need to know how each candidate will work with (or against) real estate if they were called up to Gracie Mansion. Watch TRD's Amir Korangy break down the candidates, and be sure to register to vote.

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In the 2010s, the industrial area between two of Chicago's hottest neighborhoods became the site of an ambitious development plan. But now, vulture investors are swirling around the still-empty plot of land. The Real Deal's Chicago Bureau Chief Sam Lounsberry broke down the latest on that saga in his latest magazine story, and in this video producer Ethan McCarthy takes you through Lincoln Yard's broken dreams.

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The chips are falling in New York’s high-stakes casino license competition — but not the way some developers hoped. Bids from Related, Saks and Sands are off the table, while pitches from SL Green, Silverstein Properties, Steve Cohen and Soloviev are still all-in.

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“Million Dollar Listing LA” star Tracy Tutor has entered the ring in the public match over the intersection of real estate and reality television. 