The Pacific Heights home of the late Sen. Dianne Feinstein, purchased in 2006, sold for $19 million in an all-cash deal to an undisclosed New York-based buyer, one of several properties from her portfolio that have sold since her passing.

The Los Angeles City Council approved a plan to allocate $425 million from the mansion tax to affordable housing and homelessness programs for the upcoming fiscal year, the largest spending plan under Measure ULA to date.

Parkview Financial sues CSC's cofounders for mismanagement of Hudson Hotel conversion, while CSC believes Parkview failed to fund its obligations.

Beachwold Residential CEO Gideon Friedman donated $50,000 to a super PAC backing Zohran Mamdani’s bid for New York City mayor, citing Mamdani's appeal to young voters and commitment to building more housing.

The Trump Organization's real estate portfolio is suffering from high vacancies and negative cash flow, prompting a shift towards brand licensing and cryptocurrency ventures to generate revenue.

A proposed amendment in Dallas would require public hearings for postponing zoning cases, aiming to increase efficiency and transparency, with Mayor Eric Johnson supporting it as part of an initiative to increase housing supply.

Zohran Mamdani, endorsed by major unions, emphasizes affordability, labor rights, and promises to put working people before corporations in his bid for mayor of NYC.

New York's corporate titans melt down as Zohran Mamdani, a Democratic Socialist, wins the Democratic primary over preferred candidate Andrew Cuomo, sparking concerns about his tax plan, housing policies, and approach to real estate.

On July 2, New York City saw 259 deals totaling $485 million, including top residential sales in the Upper East Side and commercial deals near Central Park and in the Bronx.

Invesco renews over 200,000 square feet of office space at Brookfield Properties' 225 Liberty Street, with lease details remaining unclear.

Holley Development Company acquires 422 acres near McKinney National Airport for a new industrial project, increasing their total landholding to 461 acres and seeking rezoning for light industrial and tech manufacturing.

Tawani Enterprises sold a 6-building Rogers Park multifamily portfolio to Silver Property Group for $45 million, with financing from JPMorgan Chase, despite challenges in the Chicago market.

Trammell Crow Residential is proposing 495 apartments near Atlanta's Northlake Mall as part of a revitalization effort, supported by ATR Corinth Partners as a catalyst for revenue, energy, and attracting people.

Boynton Properties, affiliated with Joel Braver's Express Builders, sold a 9.3-acre vacant lot in the Bronx's Soundview neighborhood to David Templer for $60 million, potentially allowing for the construction of a new residential building.

The University of Maryland's Robert H. Smith School of Business signed a lease at Baltimore Peninsula's Rye Street Market district for its flex MBA program, alumni events, and executive education, joining a diverse range of tenants in the development.

The village of Dolton has purchased the childhood home of Pope Leo XIV, avoiding an auction and sparking both support and criticism due to the village's financial situation.

The Witkoff Group sold a 0.4-acre waterfront lot in Miami Beach for $24.3 million, setting a new record price per square foot for land at $1,370 in the area.

The Real Deal's study found that nearly 1 in 10 stores in Noho and Nolita are vacant, with retail vacancy rates in Soho, Noho, and Nolita lower than that of the Meatpacking District.

TA Realty acquired The Robinson, a 230-unit apartment building near Revere Beach, for $122 million from Carlyle and Post Road Residential, valuing each unit at $528,000 in the popular development area with several new buildings erected in the past decade.

A $240 million, 25-story mixed-use development has been proposed for South Dallas, including luxury condos, a hotel, office space, a grocery store, and medical services.

Investors Ryan Shapiro and Jonathan Wizman acquired Davie Square and a Denny's outparcel in Davie, Florida for $17.8 million, part of a larger trend of significant shopping center sales in South Florida.

Terreno Realty acquires building in Long Island City for $31.1 million, plans extensive renovation.

The rise in home sale cancellations in Southern California reflects a slumping residential real estate market, plateauing home prices, and high mortgage rates.

Fannie Mae lawyer who led mortgage fraud investigation is leaving amid larger shakeup at the agency under new director.

Law firm Paul, Weiss, Rifkind, Wharton & Garrison subleased additional space at 1345 Avenue of the Americas, expanding their total footprint to 849,672 square feet.

Brooklyn developer plans to build a nine-story residential project in Queens on former ice cream shop site.

Tech moguls Tom and Patricia Kennedy sold their Venetian Islands mansion for $46 million, the most expensive home ever sold in the Miami Beach neighborhood, after buying the property for $21.5 million in 2022 and completing the 9,700-square-foot mansion this year.

President Trump's tax and spending cuts bill includes a provision that could provide a boost to commercial real estate investors by permanently restoring 100 percent bonus depreciation for real estate assets.

Gaw Capital acquires Bellefield Office Park in Bellevue through deed-in-lieu of foreclosure, adding another Seattle-area property to its portfolio.

Sumitomo Mitsui Banking Corporation expanded its presence at 277 Park Avenue office tower by 50,000 square feet, bringing their total footprint to 316,000 square feet.

Celebrity superbroker Ryan Serhant plants his flag in the competitive Palm Beach market, opening a new office and securing high-value listings and top agent recruitment.

Whole Foods Market is suing Ian Schrager's Public Hotel over a rooftop bar that creates massive crowds blocking overnight deliveries, seeking to temporarily stop the bar's operation and $400,000 in damages.

Blackstone purchased a 6 million-square-foot industrial portfolio from Crow Holdings in a deal totaling $718 million.

The Adams administration's plan to rezone 42 blocks of Midtown South for mixed-use development, potentially unlocking nearly 10,000 housing units, is nearing City Council approval.

Mike Reschke and Quintin Primo secured a tax break and landmark status for the office-to-residential conversion of 111 West Monroe in Chicago.

Compass defies NAR and MLS rules, citing legal risks and continuing opposition to the Clear Cooperation Policy.

Kelem Butts named new executive director of Uptown Dallas Inc., focusing on public safety and cleanliness as district continues to thrive.

Ian Jacobs, heir of the Reichmann real estate family and former Warren Buffett apprentice, is expanding his Union Square portfolio with the acquisition of 111 Ellis Street as part of his plan to acquire 3 million square feet of downtown San Francisco property.

Footwear designer Tull Price sells his Cobble Hill townhouse for $8.8 million, leading Brooklyn's real estate market for homes asking at least $2 million.

Little Big Hospitality signed a 45,000-square-foot lease to open a family-oriented membership club in Brooklyn Heights, part of a trend of family membership clubs in New York City.

Office leasing activity in Los Angeles is above average, but high vacancy rates are delaying the market's recovery, while Orange County's office market shows positive signs.

CBRE hired Greg Tait, Maggie Brophy, and Jamion Hartley from Irvine Company’s Chicago office leasing team to handle leasing for Irvine's Chicago office portfolio, signaling Irvine's transition away from direct leasing in Chicago.

In June, private U.S. employers shed 33,000 jobs, with losses concentrated in professional services and education, while other sectors showed gains and smaller companies struggled.

Famed restaurateur Stephen Starr expands presence at Bal Harbour Shops near Miami, taking over space previously occupied by Aba.

Warby Parker signs new lease for a store at Brookfield Place in Manhattan, marking their 300th store opening nationwide.

L+M Development Partners co-founder secures $65 million to refinance multifamily property in Long Island City.

Josh Flagg is dropping his former boss Stephen Kotler from a lawsuit over claims of hacking, as he continues to search for the alleged culprits who accessed and shared his private information.

Nurix Therapeutics is subleasing a large former Johnson & Johnson office space in Brisbane, California, as the Bay Area's life sciences building vacancy rate remains high.

Related Companies and Newland Capital Group purchased the former Forever 21 headquarters in Lincoln Heights for $120 million, with plans to redevelop it into a new industrial, office, and storage complex called "Mission Crossing."

The founder of 1-800-411-PAIN, Robert Lewin, and his wife sold a mansion in Southwest Ranches for $15.5 million, at a 30 percent discount from the original asking price.

Charles Cohen refutes accusations from Fortress that he transferred assets to his wife to avoid creditors, claiming they were for marital consideration and maintains he has sufficient funds to meet financial obligations.

The Berkeley City Council unanimously voted to overturn single-family zoning policies, allowing for the construction of small apartment buildings on typical lots to address housing shortages.

Los Angeles County saw an increase in office availability while Orange County experienced a decrease, with differing lease deals pointing to potential market recovery in law, finance, retail, and education sectors.

Palm Beach County's weekly condo sales plummeted after a mid-June spike, with average prices dropping significantly.

VM Properties Group and the Kaliner family are bringing a boutique condo boom to Manhattan's Chelsea with an 11-story luxury condo featuring classic design and only eight upscale residences.

Manhattan's luxury residential market in the second quarter experienced a surge in cash deals, record high prices, and decreased inventory, driven by wealthy cash buyers and slowed activity for financed buyers due to high mortgage rates.

New York City experienced 210 deals totaling $236 million, with top sales including a $21.5 million condominium unit at 111 West 57th Street and a $3 million commercial property in the Bronx.

The stock market hit a record high in the second quarter, while real estate investment trusts continue to lag due to concerns about interest rates and tariffs.

City Charter Revision Commission is proposing changes to the land-use process, including fast-tracking approval for affordable housing and infrastructure projects, as well as allowing large housing projects to win rezonings without local City Council member approval.

ValCap Group purchased Bellevue at Spring Creek, an apartment complex in Plano, in receivership after a legal dispute involving fraud allegations against the previous owner.