Elon Musk and Vivek Ramaswamy are leading a task force to eliminate remote work for federal workers and require them to return to the office five days a week, sparking potential backlash from labor unions.

The luxury real estate market in Los Angeles County slowed post-election, with a home in Pacific Palisades topping last week's list of signed contracts with an asking price of nearly $17 million.

Core Scientific is converting its Bitcoin mining operation into a $4 billion artificial intelligence data center in Denton, doubling its footprint and increasing power capacity.

Developer Giuseppe Iadisernia is launching condo sales for the east tower of his planned Oasis Hallandale development, with unit prices ranging from $750,000 to $5 million.

Office landlords in Los Angeles, San Francisco, and San Jose face potential yearly revenue losses of at least $2 billion due to vacant workplaces, with California cities ranking among the top five U.S. metros with the highest cost of office vacancies.

Santa Monica Place shopping mall in California sees a 59% drop in value and faces potential default on loan.

External auditors have found major deficiencies in the Houston Housing Authority’s bookkeeping and oversight of its federal housing voucher program, prompting the resignation of president and CEO David Northern Sr.

Witkoff Group and PPG Development secure $273 million loan for luxury condo and hotel project Shell Bay in Hallandale Beach, featuring Auberge-branded residences, a Greg Norman-designed golf course, marina, and high-end amenities.

Former Chicago Daily News Building in downtown Chicago, previously owned by Sam Zell, hits the market amid liquidation of assets, showcasing historic value and development potential.

International entrepreneurs in artificial intelligence are flocking to San Francisco, despite Trump's anti-immigration rhetoric, to take advantage of the thriving startup ecosystem in the city.

Jessica Tisch has been appointed as the new commissioner of the NYPD by Mayor Eric Adams, becoming only the second woman to hold this position.

SL Green secures extension and modification for $742.8 million loan tied to Broadway office tower, delaying maturity date to March 2028.

Tech entrepreneur Bradley Robertson sold 5 acres of land in Paradise Valley for $12.5 million, setting a state record for a single-family lot purchase.

Feil Organization's struggle to pay off debt for North Riverside Park Mall continues despite recent renovations and celebrations of its new look.

State prosecutors have dropped the public corruption case against ex-Miami commissioner Alex Diaz de la Portilla and lobbyist William “Bill” Riley Jr. due to lack of evidence.

Despite receiving forbearance from its lenders, RFR Holding was unable to prevent 285 Madison Avenue from defaulting on a $222 million commercial mortgage-backed securities loan, resulting in the building heading back to special servicing.

The Witkoff Group secures $273 million in construction financing for luxury condo and hotel tower in Hallandale Beach, Fla.

Foreclosure auction department in Washington, D.C. continues to be busy with another large office building set for auction.

MUFG Bank is renewing its lease at a 40-year-old building in Las Colinas and investing $500,000 in a refresh project, deviating from the trend of moving to newly built offices with more amenities.

CBRE will downsize its Chicago office by relocating to an Irvine Company-owned tower in River North, reflecting a shift in office needs driven by hybrid and remote work trends.

Health care marketing firm 120/80 Group relocates to new plug-and-play office space at 45 West 45th Street in New York City's Midtown area.

Extell Development plans to replace a Midtown office building with a residential tower including 62 units and commercial space on Madison Avenue.

Capital Commercial Investments and Streetlights Residential are redeveloping the JCPenney headquarters into a mixed-use development, The Park at Legacy, which will include luxury apartments starting at $4,000 a month among other amenities.

Lenders are challenging Shaya Prager's claims of transparency in his controversial ground lease structure as his office empire faces mounting legal attacks and loan defaults.

Retired boxing champ Floyd Mayweather Jr. sold his Miami Beach mansion for $22 million, likely making a profit on the investment.

Investor Ruben Espinoza may have to use personal assets to pay off a defaulted loan on a shuttered Bloomingdale hotel, putting redevelopment plans on hold.

SL Green Realty secures extension on mortgage for Caesars Palace Times Square project, providing flexibility for pursuit of casino license.

Hankey Investment Company wins approval for 163-unit apartment building in Koreatown despite labor union-backed appeal.

Sam Chang continues his selloff streak in Chelsea, selling the Holiday Inn Express for $59.8 million to Prospect Ridge.

Brookfield-owned office towers in Downtown Los Angeles see value drop significantly, reflecting overall market decline due to pandemic remote work shift.

Atlanta Beltline Inc. is developing a mixed-use community with affordable housing on 31 acres in the Bankhead neighborhood, aiming to address housing affordability and improve connectivity in the area.

Sand Hill Property has revised plans for a retail village in southwest San Jose, reducing the number of homes and excluding affordable housing in the project.

Gem Realty Capital and Flynn Properties have defaulted on two office buildings in San Francisco's Union Square, as the properties' values dropped 76 percent over five years, despite reports of a new political climate in the city.

As malls recover from the pandemic, Eddie Lampert's Transformco Properties has leased part of a former Sears in Orange to South African discount retailer Panda Mart, a new player filling the retail void with a mix of products sourced from China.

Apollo Bagels in the West Village is facing eviction proceedings from its landlord due to complaints about long customer lines blocking neighboring store entrances.

Tobin plans to build 120-unit apartment project in Hollywood amid South Florida's record multifamily construction boom.

Palm Beach County saw a decrease in condo sales but an increase in dollar volume, with top sales reaching $12.5 million.

City of Yes makes progress in allowing ADUs in NYC, but more changes, including building code updates, are needed to fully address the issue.

Despite being granted more time to refinance its senior loan, RFR's Grand Central office tower is facing imminent default due to financial difficulties.

American Dream mall in East Rutherford, New Jersey is finally seeing success after years of financial struggles and setbacks, with increasing foot traffic, strong leasing, and improved retail sales.

Beverly Hills Estates founders Rayni and Branden Williams have decided to separate as a couple while remaining dedicated to their successful luxury brokerage.

Luxury home sellers in Chicago's North Shore are reducing prices in order to attract buyers in a slow market for ultraluxury listings.

San Antonio's downtown sports and entertainment district, including a potential new stadium for the Spurs, is advancing with a projected cost between $3-4 billion.

Third Coast Music plans to purchase the historic Stock Yards Bank & Trust building in Chicago for $1.9 million, with the goal of creating an $80 million campus for music production to support the city's growing film and television industry.

Merlone Geier acquires Stevenson Ranch Plaza in Santa Clarita Valley for $57.8 million and is known for redeveloping former Sears stores into multifamily properties in Southern California.

San Francisco's oldest home sells for $22.1 million, becoming the biggest single-family sale ever in Russian Hill and reflecting renewed confidence in the luxury market.

Douglas Elliman's new chairman and CEO acquired 1.1 million shares of the company, boosting the stock price, following the departure of the former chairman and CEO amid an investigation into the company's work culture.

Home improvement star Bob Vila sells non-waterfront Palm Beach home for $13.4 million less than a year after purchasing it.

The Japanese food manufacturer Mizkan Group secured a headquarters lease in Schaumburg, becoming the anchor tenant at Woodfield Corporate Center.

Miami-based personal injury law firm Rubenstein Law is doubling its Brooklyn footprint by moving to 1 Willoughby Square in a long-term lease deal.

Law firms have proven to be reliable tenants for office landlords during the pandemic, with Nixon Peabody renewing their lease in Downtown D.C.

Former WeWork CEO Adam Neumann purchases a three-building office complex in Aventura, Florida for $116.2 million through his new venture Flow, representing a 17 percent drop in value from when it was purchased in 2021.

Rabsky Group partners with Chetrit Group on Manhattan luxury condo tower project at 259 East 72nd Street.

Merrimac Ventures is launching sales for the Bungalow East condo project in Fort Lauderdale, offering luxury units starting at $2 million with a variety of exclusive amenities and memberships included.

Howard Lutnick, CEO of Cantor Fitzgerald, was appointed by President-elect Donald Trump to run the Commerce Department after being sidelined in the competition for treasury secretary.

Savanna purchases distressed office building in Greenwich Village for less than owed, further indicating New York office market struggles post-Covid.

CRE investment and technology firm AXCS Capital secures $102 million investment from Conversant Capital to fund new business verticals and support growth of George Smith Partners offices.

Ranaan Katz's firm acquires Fountains of Miramar shopping center for $42.3 million as part of a buying spree for South Florida shopping centers.

Dallas-Fort Worth office landlords face high vacancy rates and potential rent losses due to shifting demand for office space.

Milbank LLP is relocating its D.C. office to a modern property due to growth and efficiency needs in the flight-to-quality office leasing market.