AmTrust Realty plans to invest $50 million in renovations for two of its downtown Chicago office buildings in an effort to attract new tenants in a struggling office market.

Wayne Ratkovich, founder of The Ratkovich Company, dies at 82, known for redevelopment of historic buildings in Downtown Los Angeles and spearheading developments in Playa Vista and San Pedro.

Target is closing nine stores, including one in East Harlem, due to increased incidents of shoplifting that pose a threat to the safety of its employees and customers.

Dallas has been chosen as one of the three headquarters locations for the $2.5 billion federal biotech research agency, ARPA-H, solidifying North Texas as a premier life science hub.

Former Miami Beach Mayor Philip Levine has sold a half block in Wynwood for $24m, with the buyer planning to construct a mixed-use development featuring a hotel with over 300 rooms on the site.

Luxury retail brands in the US have been expanding their retail footprints and experiencing a rebound in sales following the pandemic, with New York and Los Angeles leading the way, but there has been a slowdown in luxury sales as aspirational consumers no longer spend on entry-level products.

A New York judge has ruled that Donald Trump and the Trump Organization repeatedly violated state fraud law, leading to the cancellation of the business certificates and the appointment of independent receivers to manage the dissolution of the company.

CIM Group is planning to build a four-story office building in Culver City, featuring a rectangular design with a cantilevered facade and a rooftop deck, set for completion in 2026.

The end of the Writers Guild of America strike may provide a boost to the Los Angeles real estate market, but real estate agents anticipate a lengthy wait before entertainment-industry clients return to shopping for homes.

Robert Rivani's Black Lion Investment Group and Massa Investment Group are partnering to purchase Starwood Capital's former headquarters building in Miami Beach for $82 million, with plans to renovate the building.

The most expensive listing in Chicago, a Lincoln Park mansion, has had its asking price reduced by $2 million, making the property now listed at $27.9 million.

Roku is putting two leased buildings in the Coleman Highline complex in San Jose up for sublease as part of their plan to consolidate office space and cut 10% of its workforce.

Real estate industry participants should pay attention to the Signature Bank loan portfolio transactions and other FDIC structured transactions as they provide measures for property valuations and the opportunity to replicate elements in sales by banks and others.

The upcoming election in 2024 is unlikely to have a significant impact on the Federal Reserve's interest rate policy, as historical data shows that rate movements during election years are not measurably different from non-election years.

Standard Communities has acquired six affordable housing properties in Los Angeles County for $106.4m and plans to invest $8m in renovations across the properties to extend their affordability by 20 years.

Lennar Homes purchased a 40-acre development site in unincorporated Miami-Dade County for $7 million, with plans to build 231 "dwelling units."

William Goldberg, a diamond seller, has renewed its lease for a 7,837-square-foot space in a building on Fifth Avenue in New York City for eight years.

An 32,000-square-foot Beverly Hills mansion once rented by Jennifer Lopez and Ben Affleck is listed for sale at $85 million by Australian billionaire James Packer.

Bethesda-based developer Federal Realty Investment Trust has signed leases with Torchy's Tacos and Kura Sushi to occupy the former location of Ruby Tuesday in Federal Plaza in Rockville, Maryland.

New York City residents who qualify for housing subsidies will be able to rent apartments in other parts of the state, starting next week, in an effort to provide more affordable housing options and help residents move out of shelters.

NewcrestImage has acquired the Marriott Dallas/Fort Worth Westlake in order to redevelop the property, attracted by its location and strong room rates.

Silverstein Properties has signed three new tenants, including Sompo International, Akerman, and Continental Casualty Company (CNA), for its U.S. Bank Tower in Los Angeles, following a $60m renovation of shared spaces in the building.

Art dealer Larry Gagosian, French interior designer Pierre Yovanovitch, and Seoul-based AP Gallery have signed leases for office and retail space at 555 West 25th Street in Chelsea, New York.

CBRE has appointed Dean Hunt as the executive managing director and market leader for its Los Angeles North Region business.

Ultrawealthy individuals are increasingly investing in the multifamily sector, particularly in the US, as the popularity of remote working and office vacancies have caused a shift in investment priorities.

Tourmaline Capital has acquired Pacific Pearl, an Asian shopping center in Pleasanton, for $48.2 million, anchored by a 99 Ranch Market and with a 90% occupancy rate.

Brooklyn developer CW Realty has secured a $31 million loan to refinance a multifamily property in East Williamsburg.

Two companies, RWE and Lockton, are expanding their office space in downtown Chicago, indicating signs of a possible recovery for the city's struggling office market.

San Francisco's office vacancy rates have increased to a record-breaking level in the third quarter, despite an increase in office leases by artificial intelligence companies.

Meta, Facebook's parent company, is spending $181 million to break its office lease in London, demonstrating the extent to which tech companies are willing to cut ties with unnecessary office space.

The California Forever project, backed by Silicon Valley billionaires, plans to build a retro-style utopian city with row houses, resembling historic cities like Philadelphia and Baltimore, as part of its affordable housing initiative.

Sycamore Strategies is seeking $41 million in incentives from the city of Dallas to help fund a $116 million redevelopment of the long-vacant Cabana Hotel, which will be transformed into 160 apartment units.

Montgomery County in Texas is experiencing rapid growth, with Conroe seeing an influx of warehouses and developments, while Magnolia aims to keep up with new arrivals despite a temporary development moratorium due to infrastructure limitations. The county's appeal lies in its suburban-urban lifestyle, pro-business attitudes, affordability, and job opportunities.

Millennial luggage brand Away is opening its first retail store in Washington, D.C.'s Georgetown neighborhood, expanding its presence in the travel market.

Burlington is expanding its presence on Long Island by opening six new stores, with four of them being former locations of Bed Bath & Beyond.

The Related Group and Merrimac Ventures are partnering to develop a Waldorf Astoria-branded condo development in Pompano Beach, Florida.

Shake Shack has signed a lease for a new location in Jackson Heights, Queens, as the fast-food chain continues to expand its presence in New York City.

Miami-Dade County condo sales increased, but average prices and volume decreased, with the top sale reaching $5.5 million.

Commercial real estate auctions have become increasingly popular as a streamlined and effective method of buying and selling properties, with three essential factors for success including choosing the right broker, the choice of auction platform, and effective property marketing.

Real estate startup Boxabl is under investigation by the Securities and Exchange Commission (SEC) following reports of inquiries into the company, though the focus of the investigation is unclear and no wrongdoing has been accused thus far.

Silicon Valley investors, including LinkedIn co-founder Reid Hoffman and Stripe co-founders Patrick and John Collison, have spent $800 million on farmland in Northern California to build a "city of yesterday" inspired by traditional American neighborhoods, but details about the project are limited and it has faced skepticism and opposition.

Trammell Crow, a developer owned by CBRE, is building a 752,000-square-foot warehouse near Houston, Texas, with an estimated project cost of $26 million.

Simon Property Group's joint venture with Authentic Brands Group, called SPARC, has been bolstering its portfolio of retail brands with acquisitions such as Nautica, Forever 21, and Brooks Brothers in an effort to prevent vacancies in its malls; however, critics argue that the strategy is merely keeping dead retailers alive.

The proposed casino in Nassau County has sparked a debate between Hofstra University and Nassau Community College regarding the benefits and proximity of the gaming facility to their campuses.

Former Miami Beach mayor Philip Levine has sold three warehouses in the Wynwood district for $24 million to a Delaware LLC named Whale & Star Wynwood Owner.

Ultra-wealthy individuals are investing in the multifamily market as demand for rentals in the US remains high, with investments in the sector more than doubling in the past decade.

Luxury waterfront homes and condos in Miami-Dade County continue to attract buyers, with properties ranging in price from $10.7 million to $12.6 million, including the sale of a Sunset Islands home for $12.6 million.

Chicago-based company Maverick Hotels and Restaurants will renovate and rebrand the former Indian Lakes Resort in Bloomingdale into Prairie Lakes Resort, with plans to invest $30 million in revamping the hotel rooms, spa, restaurants, and amenities, as well as overhauling the golf course to create a premier golf destination.

Boston Properties transformed a vacant space in the General Motors Building into a 35,000-square-foot amenity center featuring a gym, conference rooms, lounge areas, and a grab-and-go coffee bar.

The rising interest rates and the Secured Overnight Financing Rate (SOFR) are having a significant impact on the commercial real estate (CRE) refinance market, with many floating rate loans seeing rate cap agreements expire before maturity and causing pressure on debt service coverage ratios and loan-to-value ratios.

The industrial commercial real estate sector is experiencing a surge in advanced manufacturing facility announcements, with billions of dollars in investment and hundreds of thousands of new jobs expected by 2030, driven by the use of advanced technologies and the need to diversify and strengthen supply chains.

The multifamily housing industry is experiencing rising insurance costs and declining construction starts, but is expected to see accelerated rent growth after 2025 due to a lack of new supply.

The growth of single-family rents in the US continues to slow, with the 15th consecutive month of deceleration, but some cities are seeing annual rent declines, and low-end rentals are growing faster than high-end rentals.

Tracy Kasper, the new president of the National Association of Realtors, is facing internal conflict and calls for her resignation in the wake of a sexual harassment scandal.

Dallas-based firm S2 Capital has purchased the Falltree Apartments in Mesquite and the Silverbrook apartment complex in Grand Prairie, marking its first acquisitions of the year after buying 10,000 apartment units in 2021.

Convenience stores are succeeding by catering to localized markets, offering new levels of convenience, and attracting customers from other retail sectors, but future growth may be affected by expansions and mergers.

Menashe Properties has acquired a 707,000-square-foot office tower in Chicago's West Loop neighborhood for $45 million in the largest commercial real estate deal in the metro in the past year, with plans to align office usage with traditional averages despite the current high vacancy rate.

Brooklyn-based itselectric is partnering with SWTCH Energy to enable curbside EV charging units to draw power from building infrastructure, allowing for affordable and scalable public charging in dense urban areas.

Newmark Group has launched an analytics tool called NewliticQuest that provides strategic insights and recommendations to organizations for business planning and decision making.

The commercial real estate industry is rapidly adopting advanced technologies such as generative artificial intelligence, predictive analytics, and smart mobility to improve practices and enhance the tenant experience.