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Three years out, tourists already splurging on mansion rentals for 2028 Olympics

about 6 hours ago
Wealthy tourists are already booking luxury mansion rentals in Los Angeles for the 2028 Olympics, with prices expected to increase as the event draws closer.

Malört maker Tremaine Atkinson lists $6M green-roofed lake house

about 6 hours ago
Tremaine Atkinson, head of CH Distillery, is selling his contemporary 8,460-square-foot home in New Buffalo for just under $6 million.

Egypt axes rent caps, promising relief for landlords

about 7 hours ago
Egypt abolished rent caps, leading to sharp rent increases and potential displacement of tenants, impacting the housing market significantly.

Trump dangles HUD post to Adams in bid to reshape mayoral race

about 7 hours ago
Mayor Eric Adams has been offered a senior role at the U.S. Department of Housing and Urban Development by President Donald Trump's team in an attempt to persuade him to drop his reelection bid and hinder the momentum of Democratic socialist Zohran Mamdani.

Dallas scrambles to keep AT&T from bolting to ‘burbs

about 7 hours ago
Dallas is working to convince AT&T to keep its global headquarters downtown amid reports that the telecom giant is considering relocating to suburban sites.

Land Tejas boss Brende dies dies at 80

about 7 hours ago
Al Brende, CEO of Land Tejas, died at 80, leaving behind a legacy of developing over 15,000 acres including the successful Sunterra community in Katy.

New York Efforts Aim to Curb Suicides in the Construction Industry

about 8 hours ago
Construction workers in the U.S. are facing a mental health crisis, with high rates of suicide and substance abuse, prompting officials in New York City to take action with new legislation and education programs.

Frisbies are partnering with “anti-woke” 1789 Capital on $1B South Florida fund

about 8 hours ago
1789 Capital, partnered with Frisbie Group, to form a $1 billion fund focused on South Florida real estate, with investments in Palm Beach and Boca Raton.

Savanna nabs another discounted office building with $50M short-sale deal

about 8 hours ago
Savanna acquires leasehold on Westbrook Partners' 444 Madison Avenue for $50 million, marking third significant office property acquisition in New York within nine months despite its own financial troubles.

Ziggy’s Roman Cafe Inks Lease in Dumbo

about 8 hours ago
Ziggy's Roman Cafe, a new Italian restaurant in Dumbo, Brooklyn, aims to bring traditional Roman fare to the neighborhood in a family-friendly atmosphere.

Developer Domus Group’s Steven Ciaccio faces foreclosure threats and late bills

about 8 hours ago
Chicago investor Steven Ciaccio faced foreclosure lawsuits on Lincoln Park properties due to missed payments, which were attributed to significant health issues that he has since recovered from, with some properties already resolved and others in the process of being settled.

Fanatics exec rents 160 Leroy unit for peak ppsf

about 8 hours ago
An apartment at Ian Schrager’s 160 Leroy Street rented for a record price of $40,000 a month, reflecting the high demand for homes in Downtown Manhattan.

LA Hyatt House hotel at USC heads to foreclosure auction

about 8 hours ago
The Hyatt House hotel in Los Angeles is heading to a foreclosure auction due to borrower default on millions of dollars of debt.

Richman nabs $62M in financing for Lake Worth Beach workforce housing project

about 8 hours ago
Richman Group secured $62.3 million in financing for the construction of Residences at Lake Worth, a 195-unit workforce housing project in Lake Worth Beach.

Sheraton Hotels heiress lists historic New Hampshire estate

about 8 hours ago
Mitzi Perdue listed her 104-acre estate in New Hampshire, Knollwood, for $15 million, with proceeds benefitting Mental Health Global.

Caregiver arrested over alleged scheme to defraud patient of $1M Plantation home, life savings

about 9 hours ago
Home health care aide Lillian Morris was arrested for allegedly defrauding an elderly patient of his $1.1 million home and $238,000 in savings, using her position of trust to manipulate the man's finances for her own benefit.

Nomura Taps Barclays’ Larry Kravetz, Frank Gilhool to Restart CRE Lending Business

about 9 hours ago
Nomura Holdings revives CMBS business with help from former Barclays hires.

White House Considers Jobs For Adams, Sliwa If They Quit Mayoral Race: Report

about 9 hours ago
Advisers to President Trump offer Eric Adams and Curtis Sliwa federal roles if they drop out of NYC mayoral race to help Andrew Cuomo beat Zohran Mamdani.

REITs, off a summer high, are tested once again

about 9 hours ago
REITs are off to a rough start in September, dropping more than 1.6 percent after a strong performance in August.

D.C. Affordable Housing Development Lands $62M in Construction Financing

about 9 hours ago
DCHFA issues funding for senior affordable housing development in D.C.'s Southeast quadrant.

Trinsic continues turn on multifamily with 300 units in Mesquite

about 9 hours ago
Trinsic Residential plans to build a 300-unit apartment complex in Mesquite, with the project expected to cost $28 million and construction starting in November.

TMG Partners, Bridges Capital scoop up SF Financial District office building

about 9 hours ago
TMG Partners and Bridges Capital acquired an 80,000-square-foot office building in San Francisco's Financial District through a deed in lieu of foreclosure, planning renovations to attract tech, AI, and professional services firms in a market with high vacancy rates.

LVMH plans 30K sf Tiffany store in latest Rodeo Drive proposal

about 9 hours ago
LVMH is investing over $900 million in multiple luxury stores on Rodeo Drive, including a new Tiffany & Co. flagship store and a Louis Vuitton campus designed by Frank Gehry.

Stamford developer lands $91M for multifamily project

about 10 hours ago
F.D. Rich Company secures $91 million in financing for a 198-unit multifamily project in downtown Stamford, highlighting amenities and appeal to young professionals.

Personal Touch Homecare Inks 21K-SF Lease at Brooklyn’s 15 Parkville

about 10 hours ago
Personal Touch Homecare has signed a 21,000-square-foot lease at 15 Parkville Avenue in Brooklyn to serve as their office and training center, facilitated by Nick Zweig of Locations Commercial Real Estate.

$23M Boca Raton mansion tops Palm Beach County luxe contracts

about 10 hours ago
A $23.3 million mansion in Boca Raton's most expensive neighborhood led luxury contracts in Palm Beach County last week, with a total of 10 contracts signed for $67 million.

Massive Adirondack luxury estates on auction block

about 11 hours ago
Two luxury Adirondack estates, including the traditional "Great Camp" Camp Iroquois and a 295-acre compound in Bloomingdale, are set to be auctioned with no minimum bid and a $2.3 million reserve, respectively.

New York City Planning Commission Approves Major Rezoning for Long Island City

about 11 hours ago
The NYC Planning Commission has advanced a rezoning plan in Long Island City, Queens, that could bring thousands of new homes and commercial space to the area.

Big DFW suburbs test YIMBY law with local development restrictions

about 11 hours ago
Texas lawmakers passed a new law allowing more apartments in commercial districts to address housing costs, but North Texas suburbs like Irving, Arlington, Plano, and Frisco have implemented strict regulations that may undermine the new law.

Sam Charney shares career history, development draws over steak dinner

about 11 hours ago
Sam Charney, founder of Charney Companies, shares his career path from urban planning to real estate development in The Real Deal's "The Industry Dish" series.

Top Elliman team Noble Black & Partners exits for Corcoran

about 11 hours ago
Douglas Elliman's top team leader Noble Black is leaving the firm and heading to Corcoran with at least 10 members, after closing over $250 million in sell-side transactions in New York City last year.

Michael Stern and David Martin Buy Out Miami Beach Condo for $120M

about 11 hours ago
Developer Michael Stern and partners buy waterfront condo building in Miami Beach for $120 million to redevelop into luxury property, facing challenges in the approval process.

Witkoff, investment firms grab long-distressed SF hotels after $725M loan default, delayed sale deadlines

about 11 hours ago
After defaulting on a $725 million loan, San Francisco's Parc 55 and Hilton Union Square have been purchased by New York-based investors resulting in one of the largest hotel sales in the city this year.

New Zealand cracks open door for wealthy international buyers

about 12 hours ago
New Zealand is reopening its luxury housing market to foreign buyers with "golden visas," allowing them to purchase homes valued at $3 million or more to boost the economy.

Peachtree Refis Memphis Hyatt Hotel Property With $51M Loan

about 12 hours ago
Carlisle Corp. secures $51 million loan to refinance two Hyatt-branded hotels in Memphis, with Peachtree Group providing the funding.

Sparse new development applies upward pressure to downtown Chicago rents

about 12 hours ago
Downtown Chicago apartment rents are on the rise due to limited supply and strong demand, favoring landlords and investors.

Eastdil Secured Hires New Heads For SoCal Housing Group

about 12 hours ago
Eastdil Secured has hired Kevin Sheehan and Sean Gulian to spearhead multifamily deals in Greater Los Angeles.

Biotech Giant Amgen to Invest $600M in SoCal HQ Expansion

about 12 hours ago
Amgen plans a major expansion at its Southern California headquarters despite challenges faced by other life sciences landlords.

NJ puts $45M back into affordable housing pot after removal

about 13 hours ago
New Jersey partially restores Affordable Housing Trust Fund with $45 million, but developers and advocates view it as insufficient for state's affordable housing needs.

Prime Liquidation Takes 12K SF for New Flatbush Outlet

about 13 hours ago
Bargain retailer Prime Liquidation signs lease for 12,000 square feet at 2184 Clarendon Road in Brooklyn's Flatbush section, with unclear details and plans for property development in the future.

Aurec Capital, Golden Arc Buy Brooklyn Apartment Building for $53M

about 13 hours ago
Aurec Capital and Golden Arc have acquired a luxury apartment building in Brooklyn's Sheepshead Bay neighborhood for $52.5 million.

City Council hints at lawsuit over land use ballot questions

about 13 hours ago
The City Council is fighting to remove three land-use-related ballot questions from the November ballot to prevent a transfer of power from elected Council members to mayoral appointees and allow luxury housing projects to bypass Council review.

Banking Platform Rho Expands to 9K SF at 100 Crosby Street

about 13 hours ago
Rho, a banking platform for startups, is doubling its space in SoHo with a lease extension at 100 Crosby Street.

Site Centers looks to sell off North Side retail

about 13 hours ago
Site Centers is selling a fully-leased shopping center in Chicago's Lakeview neighborhood anchored by Mariano's, seeking to focus on strip malls and convenience-based centers.

OC wants to go Hollywood, turn single-family lot into 5-story affordable

about 14 hours ago
HVN Development has applied for a 100 percent affordable housing development in Hollywood, utilizing government incentives to increase floor area ratio and reduce open space.

Receiver Alan Fine takes over troubled 1212 Aventura mixed-use project

about 14 hours ago
Receiver Alan Fine has taken control of the troubled 1212 Aventura mixed-use project to reinstate necessary permits and allow office condo owners to return to their units after developer Medical District Developments defaulted on a mortgage.

Human and ‘Digital Employee’ Collaboration Will Transform Workplace Design

about 15 hours ago
The integration of generative artificial intelligence in the workplace is poised to transform physical spaces and reshape organizational culture, with financial service firms leading the charge in seamless GenAI workplace design.

PPG, partners score $235M to build 728-unit North Miami Beach multifamily project

about 15 hours ago
PPG Development and partners secure $235 million in financing for Palm Aire multifamily project in North Miami Beach, highlighting the trend of South Florida developers turning to private lenders over traditional banks.

Bank OZK, 3650 Capital Loan $91M for Connecticut Multifamily Property

about 16 hours ago
Construction financing secured for 198-unit property in Downtown Stamford with strong potential and amenities.

California court rules Solano County city guilty of violating state property tax laws

about 16 hours ago
A California appeals court ruled that the city of Fairfield illegally charged property owners for lighting and landscaping costs without voter approval, potentially necessitating refunds and reduced assessments.

Side launches in New Jersey with new brokerage Privé Haus

about 16 hours ago
Side, a white-label firm, has launched operations in New Jersey with a brokerage called Privé Haus founded by top-producing agents David "DJ" and Nicole "Nici" Ten Hoeve, aiming to recruit top agents focusing on the luxury market.

Single-Family Rentals Are Bigger Than Ever. So Are the Fraud Challenges.

about 17 hours ago
The single-family rental sector is a growing force in housing, with large institutional investors and small landlords facing unique challenges in tenant screening and fraud prevention.

No summer slump for Manhattan office market

about 17 hours ago
Despite a slow month for Downtown, Manhattan's office market saw a significant increase in leasing activity in August, with tenants signing deals for over 3.7 million square feet, driven by large leases from companies like Deloitte and Amazon.

Zilker new build with price bump tops Austin’s resi marketl

about 17 hours ago
Austin's luxury real estate market is shifting towards a buyer's market, with a newly built, five-bedroom home in Zilker selling for $3.4 million after a price increase and 117 days on the market.

The Daily Dirt: Bowling, self-storage battle for real estate

about 17 hours ago
As bowling alleys decline in popularity, a Long Island community fights to save their treasured local lane from being replaced by a self-storage facility.

NYC’s top deals: Brooklyn apartment complex trades for $53M

about 18 hours ago
Transactions totaling $705 million in NYC included a record-breaking $33 million sale of an Upper East Side penthouse.

The Plan: Renovations Underway as 875 Sixth Avenue Is Rebranded as One NoMad

about 19 hours ago
One NoMad in New York City is undergoing a $10 million renovation to create a luxury office environment with a hotel-like lobby and amenities designed for comfort and community.

All Roads Lead to OZK: Greg Newman on Three Decades of Construction Lending

about 19 hours ago
Bank OZK's senior managing director, Greg Newman, has become a go-to lender in South Florida for construction loans by sticking to a low leverage lending model and focusing on quality sponsors.

Burnett’s blockade: Who is Chicago Housing Authority interim head Matthew Brewer?

1 day ago
Matthew Brewer has been appointed Operating Chairman of the Chicago Housing Authority following a request for review of potential conflicts of interest related to Mayor Brandon Johnson's nominee for CEO.

Quinlan, DeBartolo tee up Energy Corridor’s first office-to-resi project

1 day ago
John Quinlan leads a team in transforming a former office building in Houston's Energy Corridor into a 311-unit apartment complex to address the area's housing shortage.