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Fires, tariffs ripple through LA office market

about 6 hours ago
The Los Angeles office lease market in 2025 heavily favors tenants due to record-high vacancy rates, although Century City remains an exception with low vacancy and premium rents attracting firms away from downtown.

Dallas extends lead in Texas ultra-luxury home listings

about 6 hours ago
Dallas County leads Texas in ultra-luxury home listings, with five of the state's top ten most expensive listings in April, including an $18.5 million estate on Turtle Creek Boulevard.

Orange County malls retool for mixed-use future

about 7 hours ago
Malls in Orange County are transforming into mixed-use developments with housing, shopping, and dining, reflecting a national trend and revitalizing the area.

Compass sues NWMLS, claims antitrust violations

about 7 hours ago
Compass files lawsuit against NWMLS over alleged antitrust violations and monopolistic behavior regarding private listings.

Sterling Bay lists fully leased Loop office asset as maturity looms

about 7 hours ago
Sterling Bay is looking to sell its fully leased office tower at 311 West Monroe Street to avoid financial distress caused by an upcoming loan maturity in July.

Michael Stern’s JDS scores upzoning approval to build South Beach condo tower

about 8 hours ago
The Miami Beach commission granted initial approvals to JDS Development Group and GV Development Group for a luxury condo tower in South Beach despite concerns over scale from the planning board.

Dallas developer picks Alpharetta for lifestyle-centered retail

about 8 hours ago
Lincoln Property Company plans to develop The Shoppes at The Gathering in Alpharetta, inspired by the design of California's wine country.

Eyal Ofer nabs crucial win in messy battle over NoMad Hotel

about 8 hours ago
Eyal Ofer emerges victorious in legal battle for control of the Mondrian Park Avenue hotel, allowing the property to finally be sold.

Third-Party Logistics Firm Scoops Up 106K-SF Lease in L.A. County

about 8 hours ago
Demand from third-party logistics (3PL) firms in Los Angeles County increases as concerns over President Donald Trump's tariffs grow, with Lionext signing a 10-year lease for a distribution facility in Santa Fe Springs.

Biotech Firm Founder Buys Most of Tribeca Building for $32M

about 8 hours ago
George Yancopoulos, co-founder of Regeneron, purchased most of the condominium units in a Tribeca building for $32.2 million, with plans to potentially use the property for offices.

David Werner Flips 300 East 42nd Street to CSC Real Estate

about 8 hours ago
CSC Real Estate purchases office portion of 300 East 42nd Street for conversion to rental apartments, utilizing new zoning laws and financing from Northwind Group.

Carbon Cos, Greenway land $125M for Frisco apartments

about 8 hours ago
Carbon Companies and Greenway Investment Company secured a $125 million loan to complete the final two phases of The Links on PGA Parkway apartment complex, which will have a total of 1,310 units across 38 acres upon completion in 2027.

Custom mansion asks $9.5M in hot Lincoln Park

about 8 hours ago
A seven-bedroom mansion on North Burling Street in Lincoln Park, custom-built and featuring luxury details, has been listed for just under $9.5 million, more than triple its original purchase price in 2007.

Raanan Katz jumps onboard Publix buying spree, pays $16M for Miramar site

about 8 hours ago
Raanan Katz's RK Centers acquired Shoppes at Monarch Lakes in Miramar, anchored by Publix, for $16.4 million, adding to RK's growing portfolio in the area.

Wharton School mulls new campus in SF’s “the Cube” in FiDi

about 8 hours ago
The Wharton School is considering relocating its San Francisco campus to a larger space in the Financial District, potentially doubling its footprint in the Bay Area.

Sprouts to grow new headquarters in Phoenix

about 9 hours ago
Sprouts Farmers Market is building a new 180,000-square-foot corporate campus in Phoenix's CityNorth development to accommodate its growing workforce and planned store expansion, with construction set to begin in May 2025.

Related ups ante in casino pitch with more housing

about 9 hours ago
Related Companies, Oxford Properties Group, and Wynn Resorts are proposing a redesign of Hudson Yards West with up to 4,000 residential units and a casino, using surplus payments from PILOTs to fund the project and potentially secure approval for a casino license.

Driftwood Capital Recaps $1.2B Hotel Portfolio

about 9 hours ago
Driftwood Capital buys out minority partners in 18 hotels, merges into $1.2 billion portfolio, becoming sole owner with financing from Wells Fargo and Acore Capital.

Amid Trump tariffs, office leasing proves early stronghold

about 9 hours ago
Despite the uncertainty caused by Trump's trade war, CBRE reports a surge in U.S. office leasing driven by companies recognizing the need for more space.

Freehold Capital pays $32M for dev site approved for 309 townhouses in south Miami-Dade

about 9 hours ago
Legacy Residential and CD Group sold a 50-acre development site near Florida City to Freehold Capital Management for $31.6 million, abandoning plans for 309 rental townhouses due to receiving a good offer for the property.

Lionext signs lease worth $22M for Santa Fe Springs warehouse

about 9 hours ago
Lionext, a third-party logistics provider, signed a 10-year lease for a 106,000-square-foot distribution center in Santa Fe Springs for over $22 million, featuring a Class A industrial building with various amenities near the 605 freeway making it an attractive location for logistics companies.

Landlords, rejoice! City to ease re-renting of affordable units

about 10 hours ago
New York City streamlines process for listing affordable apartments on third-party platforms to speed up tenant placement and reduce vacancies.

Energy giant recommits to downtown with lease renewal

about 10 hours ago
Motiva Enterprises renews its 221,000-square-foot headquarters lease at One Allen Center, solidifying its commitment to downtown Houston amidst a challenging leasing market.

Patrick Carroll agrees to mental health program in LA criminal case

about 10 hours ago
Patrick Carroll will receive two years of mental health counseling as part of a diversion program, leading to the dismissal of criminal charges against him, following a series of legal issues and incidents including prior charges, arrests, evaluations, and civil lawsuits.

Canadian billionaire buys second Bay Area supermarket site

about 10 hours ago
Canadian billionaire Jim Pattison continues to expand his grocery-anchored retail portfolio in the Bay Area with the recent acquisition of a Lucky supermarket site in Concord for $18.3 million.

Apollo touts upswing in sales at Steinway Tower

about 10 hours ago
Sales at JDS Development and Property Market Group's Steinway Tower saw a significant upswing after Nikki Field of Sotheby's International took over last summer, resulting in $263.7 million in combined sales of 15 units and allowing developers to pay off a $200 million senior loan.

Blackstone walks back Rialto’s Jeff Sutton allegation

about 11 hours ago
Blackstone Group responds to Rialto’s lawsuit against Jeff Sutton, denying misappropriation of rents and working towards a resolution.

Wrecking ball aims for historic movie theater in Berkeley

about 11 hours ago
Despite opposition from preservationists, the historic United Artists Theater in downtown Berkeley is set to be demolished to make way for a 17-story apartment complex following unanimous approval from the City Council.

Vista Equity culls HQ ambitions with sublease offering

about 11 hours ago
Vista Equity Partners is subleasing 40% of its future headquarters space at The Republic office tower in downtown Austin.

Fintech Firm Vitesse PSP Signs 5K-SF Lease at 155 Fifth Avenue

about 11 hours ago
London-based fintech firm Vitesse PSP has leased a 5,200-square-foot space at 155 Fifth Avenue in New York's Flatiron District, with details of the lease and purpose of the new space remaining unclear.

Resi sales fall across South Florida in March

about 11 hours ago
Residential sales across South Florida fell in March 2025, but the dollar volume for the region increased slightly to $5.3 billion.

Metropolitan Commercial Bank Lends $19M for Brooklyn Homeless Shelter Conversion

about 11 hours ago
Elmo Realty secures $19 million loan to refinance historic Brooklyn school conversion into shelter for homeless families.

Midtown South rezoning presents test case for new high-density zoning districts

about 12 hours ago
Midtown South rezoning proposal to create new zoning districts allowing residential space on a large scale faces pushback from some elected officials despite potential for over 9,700 units.

Agents like to talk up luxe condo living. Is LA ready for it?

about 12 hours ago
The luxury condo market in Los Angeles is growing steadily, with high-end properties like the Four Seasons Private Residences selling out, despite historical preferences for single-family homes.

Jack in the Box to Close 150 to 200 Locations as Part of Cost-Cutting Effort

about 12 hours ago
Jack in the Box is closing 150 to 200 locations as part of a cost-cutting strategy to pay down debt and simplify their business model.

Illinois homeowners pay nation’s highest property tax rates

about 12 hours ago
Illinois leads the nation with some of the highest property tax burdens, with four of the top five highest-taxing metro areas in the U.S. located in the state.

Related Amends Hudson Yards Casino Proposal to Include 4,000 Housing Units

about 12 hours ago
Related Companies and Oxford Properties Group have proposed a $12 billion casino complex at Hudson Yards, aiming to increase housing units from 1,500 to up to 4,000 using an innovative financing mechanism.

Celebrity agent Carl Gambino eyes growth after over $400M year

about 12 hours ago
Celebrity agent Carl Gambino, leading a 22-person team at Compass, plans to expand his roster and market presence after closing over $400 million in sales last year, representing high-profile clients like Joe Jonas, Mark Wahlberg, and Jennifer Lopez.

Flagstar reports lowest quarterly loss since 2023

about 13 hours ago
Flagstar Financial reported a significant improvement in their first-quarter earnings, showing progress towards profitability through cutbacks in sour loans and some successful sales.

Nonprofit Red Door Community Inks 9K-SF Lease at 114 West 26th Street

about 13 hours ago
Red Door Community, a nonprofit organization supporting people fighting cancer, will be moving to a new office space in Chelsea at 114 West 26th Street.

Inside Brooklyn investor Izzy Rotenberg’s crumbling multifamily empire

about 14 hours ago
Izzy Rotenberg rapidly acquired 500 apartment units in Chicago in 2022 and 2023, spending $48 million, but now many of his properties are facing foreclosure lawsuits due to mismanagement.

Former Millennium Bank exec snags Northbrook hotel for 50% off

about 14 hours ago
Deepak Paul Khanna's venture acquired the Crowne Plaza Chicago-Northbrook for $6.5 million following a foreclosure sale initiated by Stearns Bank against the previous owner, Mid-Continent Hospitality.

Spec developer Patrick Carney plans Palm Beach mansion, faces pushback from neighbors

about 14 hours ago
Spec developer Patrick Carney plans to build a mansion in Palm Beach, but neighbors are opposing the project citing traffic concerns, leading to a deferred approval by the Palm Beach Architectural Review Commission.

The oversupply era is… over? Multifamily owners eye upside

about 14 hours ago
Multifamily property owners are poised to benefit from a shift in supply and demand dynamics, as tenants are leasing apartments faster than new units are being developed while the Trump administration's trade policies further deter new construction.

Billionaire Russell Weiner wins Miami Beach foreclosure battle, plans “most incredible” estate

about 15 hours ago
Billionaire Russell Weiner foreclosed on a waterfront Miami Beach home owned by Richard and Maria Meruelo, adding to his collection of properties to build an "incredible estate."

All in the Family: Matias and Eglae Recchia On AI as a Commercial Real Estate Disruptor

about 15 hours ago
Matias and Eglae Recchia, tech-savvy siblings deeply involved in artificial intelligence, are using their expertise to bring speed, transparency, and efficiency to the world of commercial real estate.

Vornado to boost cash by $425M from Times Square financing deal

about 17 hours ago
Vornado Realty Trust borrows $450 million against Times Square property, extracting $425 million in cash to increase reserves amid concerns about slowing economy and declining stock prices.

The Daily Dirt: Rental vouchers can drive you mad

about 17 hours ago
The rental voucher system in New York City is frustrating for voucher holders, particularly for an interracial couple facing numerous challenges in finding an apartment that meets the voucher guidelines.

Millennium Play scores software firm headquarters tenant in SoMa

1 day ago
Teambridge, a workforce management software startup founded by former Uber executives, has leased 18,000 square feet of ground-floor space in San Francisco for its headquarters, selecting the space for its layout, high ceilings, natural light, and plug-and-play nature.

South Florida Industrial Market Shows Mixed Results in Q1

1 day ago
South Florida's industrial real estate market sees increased vacancies and growing supply of distribution space post-pandemic, with varied results in Miami-Dade, Palm Beach, and Broward counties.

Five Iron Golf Moving Flatiron Flagship to 12K SF at 611 Avenue of the Americas

1 day ago
Five Iron Golf is moving its flagship location in the Flatiron District one block west to a larger space on Avenue of the Americas.

Onni reconfigures LA’s Arts District project for apartments

1 day ago
Onni Group is developing a residential-focused mixed-use project in the Arts District near Downtown Los Angeles, with two high-rise buildings featuring apartments and commercial space, in response to decreased demand for office space following the COVID-19 pandemic.

MPI Homes buys $33M extended-stay hotel for Oakland conversion project

1 day ago
MPI Homes has acquired an Extended Stay America hotel in Oakland to convert it into homeless housing with funding support from the state.

Wharton Properties Faces Foreclosure From Rialto at 144 Fifth Avenue Over $8M Loan

1 day ago
Jeff Sutton's Wharton Properties faces pre-foreclosure at its Flatiron District retail co-op due to default on an $8 million loan, failing to pay debt and forward rents to loan servicer Rialto Capital Advisors.

Irish-Italian restaurateur flips waterfront Coral Gables teardown for $16M — after owning it for three days

1 day ago
An Irish-Italian restaurateur quickly flipped a Coral Gables teardown for a $12.8 million increase in value in just three days.

Texas multifamily giant plans first Charlotte apartments

1 day ago
High Street Residential, the multifamily arm of Trammell Crow Company, is planning its first multifamily project in Charlotte featuring up to 190 units with a variety of housing types.

Martin Selig returns 2 Seattle office buildings after $240M default

1 day ago
Martin Selig Real Estate transfers ownership of two major Seattle office buildings to Acore Capital after defaulting on a $240 million loan, facing financial crisis managed by founder Martin Selig amidst departures within the company.

City to pay Ray Washburne $52M for old newspaper building

1 day ago
Dallas City Council voted to buy former Dallas Morning News headquarters from developer Ray Washburne for $51.7 million for use in the city's $3.7 billion convention center redevelopment.

City to pay Ray Washburne $52M for old newspaper building

1 day ago
Dallas City Council voted to buy former Dallas Morning News headquarters for $51.7 million, securing key real estate for $3.7 billion convention center redevelopment.

Hialeah affordable housing incentives get initial green light

1 day ago
Hialeah City Council approves ordinance offering increased density to developers for building affordable housing units.