A closer look at hotel investors charged in City Hall bribery
Raizada Vaid, Mayank Dwivedi had low profiles before indictment
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Residential
National
Reffkin to unload 3M more Compass shares
CEO will have sold over 6M shares in residential giant this year
Commercial
National
Fed cuts interest rates again, but CRE slowdown looms for next year
Sectors such as multifamily may be disappointed after holidays
Residential
South Florida
Fast approaching: These are the deadlines condo owners face tied to Florida’s condo safety legislation
One expert referred to enforcement of the new laws as a “sh*t show”
Commercial
New York
Top loans: Queens takes the crown, landing three of last month’s five largest loans
Santa Monica-based Macerich reeled in a $525M refi at its Queens Center mall
Commercial
San Francisco
Tech office leasing jumps 17% in SF, half driven by AI firms
Sector’s 3.6M sf of absorption pales in comparison to the pre-pandemic market
Commercial
National
Joel Schreiber tells bizarre tale of Union Bank Plaza
Enigmatic investor says he had no equity in deal, did not read loan docs
Commercial
South Florida
Here are South Florida’s biggest retail leases of 2024
Gyms, theaters, discount retailers and grocery stores were region’s top tenants this year
Residential
National
The Alexander brothers are in federal custody
Oren and Alon slated for Dec. 30 bond hearings on sex trafficking charges
Dec 23, 2024
A closer look at hotel investors charged in City Hall bribery
Raizada Vaid, Mayank Dwivedi had low profiles before indictment
Dec 23, 2024
“It’s a drug”: Eli Puretz opens up about what led him to commit mortgage fraud
Dec 23, 2024
Fifth Avenue co-op caps Manhattan’s luxury contracts
Buyers signed contracts for 37 homes asking $4M+ ahead of holiday week
Dec 23, 2024
Thor sells Boerum Hill properties for $25M
Mixed-use buildings last traded in 2013 for $23M
Dec 23, 2024
Williamsburg Wharf, Olympia Dumbo top Brooklyn contracts
Brooklyn luxury market notches unseasonably hot performance with 28 deals
Dec 23, 2024
JLL sues ex-broker Palmese to collect $3M loan
Typo may be to blame for dispute
Dec 23, 2024
Here are South Florida’s biggest retail leases of 2024
Gyms, theaters, discount retailers and grocery stores were region’s top tenants this year
Dec 23, 2024
Fast approaching: These are the deadlines condo owners face tied to Florida’s condo safety legislation
One expert referred to enforcement of the new laws as a “sh*t show”
Dec 23, 2024
Barry Sternlicht’s Starwood provides $64M refi for Lissette Calderon’s Allapattah project
Bridge loan is secured by Fourteen Main Street Residences, a nearly completed 237-unit apartment building
Dec 23, 2024
Spira Equity pays $20M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing
Buyer secured $22M in senior financing and a $3M subordinate loan
Dec 23, 2024
Eighty Seven Park PH asking $40M tops Miami-Dade signed contracts report
Asking dollar volume reached $157M, higher than the previous week
Dec 23, 2024
Lease roundup: Motek opening in Boca Raton, Presidente Supermarket on tap in Miami Gardens
Also, a spa and Turkish hammam will open in North Miami Beach
Dec 23, 2024
Faring and Envision Hotel buy Beverly Hills office building for $90M
Tishman Speyer sells 9242 Beverly Boulevard to joint venture for $668 per square foot
Dec 23, 2024
Hilton & Hyland finds new manager in Sotheby’s International’s Steve Katz
Appointment plugs gap at brokerage after former president left for Compass
Dec 20, 2024
Bing Crosby’s former house offers history but not a White Christmas
Hacienda-style mansion in Palm Desert hits market with a list price of $13.5M
Dec 23, 2024
LA grants entitlements on public housing redevelopment in San Pedro
Trio of affordable developers envision 1,500 units near the Port of LA
Dec 20, 2024
Fashion pioneer Julie Wainwright sells Trousdale Estates home for $11M
Founder of The RealReal finds buyer for Steve Hermann-designed contemporary
Dec 20, 2024
CityView buys rare large multifamily in Hollywood Hills for $36M
Price of $316K per unit gives developer an apartment complex with 98% occupancy
Dec 23, 2024
Tough math lesson on sale of tech college campus in Santa Clara
Offices near Nvidia HQ sell for $16M, a discount compared to purchase seven years ago
Dec 23, 2024
Tech office leasing jumps 17% in SF, half driven by AI firms
Sector’s 3.6M sf of absorption pales in comparison to the pre-pandemic market
Dec 23, 2024
San Jose and developers need more incentives to spur housing
City streamlines process but pipeline runs dry, inspiring calls for “real talk” of reform
Dec 20, 2024
Lenders concede lack of leverage on SF office building default
CMBS bondholders’ note puts workout on table for $350M debt with landlord Kylli
Dec 20, 2024
Mystery donor of $100M for San Francisco artists enclave revealed
Mary Miner, widow of Oracle co-founder Robert Miner, funds 102-unit affordable project
Dec 20, 2024
Nonprofit for the elderly leases offices on Oakland’s Pill Hill
Center for Elders’ Independence will move into Meridian’s medical conversion project
Dec 23, 2024
Fannie forecloses on disgraced investor Moshe Silber's Chicago buildings
Lender’s clawback of Chicago multifamily compounds landlord Mark Silber’s legal troubles after mortgage fraud conviction
Dec 23, 2024
Cresa hires Tracey Luehring as executive with focus on M&A
Hired as chief financial officer amid robust pipeline of mergers and acquisitions
Dec 20, 2024
Lakefront Lake Forest estate fetches $5M in off-market sale
Circle Lane home that was once a part of the sprawling Rockefeller-McCormick estate sold weeks before it was set to be listed publicly for $6M
Dec 23, 2024
Liquor exec offloads Glencoe mansion for discount to list price
Is 93rd home sale over $4 million in Chicago metro this year
Dec 23, 2024
Billionaire Pat Ryan takes ding in Gold Coast condo sale
Unit in Four Seasons Hotel Chicago sold for $1.3 million
Dec 20, 2024
Former Blackhawks star Jonathan Toews banks in penthouse sale
Offloaded Lincoln Park condo unit for $4.5 million
Dec 23, 2024
“This is amazing” — Landsea Homes finds Texas business a breeze
How mortgage rates, Trump’s tariffs could affect home building
Houston
Dec 20, 2024
Midway, Parkway break up short-lived partnership
Firms formed Houston-based partnership last year but stressed it wasn’t a merger
Houston
Dec 23, 2024
Billionaire Tilman Fertitta nominated for US ambassador to Italy
Trump’s pick owns the Houston Rockets and has real estate development interests
Dallas
Dec 19, 2024
Mavs’ Rick Welts hire bolsters casino-anchored stadium idea
CEO oversaw $1.4B Chase Center for Golden State Warriors
Dec 23, 2024
Party City is the latest big-box retailer closing all stores
Will leave millions of square feet vacant, including estimated 756,000 square feet across 63 stores in Texas
San Antonio
Dec 23, 2024
Pearlmark, OTH pick up apartments in expanding Pearl District
Bought 228-unit property with a $32 million loan
Dec 14, 2024
Blackstone invests big in Tokyo real estate
Private equity firm buys mixed-use complex for $2.6B
Dec 13, 2024
Tal Alexander denied bail as brothers await federal proceedings over sex trafficking charges
Former top broker will be moved to New York jail; twins Oren and Alon held in Miami ahead of hearing
Seattle
Dec 13, 2024
Hudson Valley Property buys 22 housing complexes, mostly in Washington
Portfolio deal includes five properties in coastal markets of Seattle, Tacoma and Olympia
Charlotte
Dec 13, 2024
M/I Homes buys 220 acres in hot residential market
Plans 184 homes near suburban downtown
Denver
Dec 23, 2024
Developers to replace office campus near Denver with Costco and homes
Republic Investment buys 63 acres in Littleton for $50M, divides it up for development
Tampa
Dec 23, 2024
St. Pete’s immediately sued over Mirror Lake historic designation
Real estate attorney Matt Weidner’s lawsuit argues it violates state and federal law
Chicago
Dec 23, 2024
Billionaire Pat Ryan takes ding in Gold Coast condo sale
Unit in Four Seasons Hotel Chicago sold for $1.3 million
New York
Dec 23, 2024
Williamsburg Wharf, Olympia Dumbo top Brooklyn contracts
Brooklyn luxury market notches unseasonably hot performance with 28 deals
Denver
Dec 23, 2024
Developers to replace office campus near Denver with Costco and homes
Republic Investment buys 63 acres in Littleton for $50M, divides it up for development
Chicago
Dec 23, 2024
Liquor exec offloads Glencoe mansion for discount to list price
Is 93rd home sale over $4 million in Chicago metro this year
South Florida
Dec 23, 2024
Eighty Seven Park PH asking $40M tops Miami-Dade signed contracts report
Asking dollar volume reached $157M, higher than the previous week
New York
Dec 23, 2024
Fifth Avenue co-op caps Manhattan’s luxury contracts
Buyers signed contracts for 37 homes asking $4M+ ahead of holiday week
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Texas
Dec 23, 2024
Party City is the latest big-box retailer closing all stores
Will leave millions of square feet vacant, including estimated 756,000 square feet across 63 stores in Texas
San Antonio
Dec 23, 2024
Pearlmark, OTH pick up apartments in expanding Pearl District
Bought 228-unit property with a $32 million loan
South Florida
Dec 23, 2024
Spira Equity pays $20M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing
Buyer secured $22M in senior financing and a $3M subordinate loan
Los Angeles
Dec 23, 2024
Faring and Envision Hotel buy Beverly Hills office building for $90M
Tishman Speyer sells 9242 Beverly Boulevard to joint venture for $668 per square foot
Chicago
Dec 23, 2024
Cresa hires Tracey Luehring as executive with focus on M&A
Hired as chief financial officer amid robust pipeline of mergers and acquisitions
San Francisco
Dec 23, 2024
Tough math lesson on sale of tech college campus in Santa Clara
Offices near Nvidia HQ sell for $16M, a discount compared to purchase seven years ago
South Florida
Dec 23, 2024
Barry Sternlicht’s Starwood provides $64M refi for Lissette Calderon’s Allapattah project
Bridge loan is secured by Fourteen Main Street Residences, a nearly completed 237-unit apartment building
Austin
Dec 23, 2024
Presidium renames mixed-use development near Tesla’s Gigafactory
The Row’s retail phase could start construction near Del Valle next year
Tampa
Dec 23, 2024
St. Pete’s immediately sued over Mirror Lake historic designation
Real estate attorney Matt Weidner’s lawsuit argues it violates state and federal law
Los Angeles
Dec 23, 2024
LA grants entitlements on public housing redevelopment in San Pedro
Trio of affordable developers envision 1,500 units near the Port of LA
San Antonio
Dec 20, 2024
Transit-oriented zoning opens opportunities for tall buildings
San Antonio wants dense development for the San Pedro corridor, where VIA is planning bus rapid transit
Seattle
Dec 20, 2024
Ryan Companies takes pass on Segale’s tech center in Tukwila
Developer lets 38-acre land lease lapse, but keeps an eye on Prato District project