Hotel union deal puts cleaners on track for $100K salaries
Tentative contract delivers historic raises as owners brace for heightened labor costs
Top stories
Get the latest
Real Estate news
Real Estate news
Headlines delivered weekly
Development
South Florida
“Tampa we love”: Jon Paul, Nick Pérez say some investors “not comfortable” with gulfside city
Related Group scions went in on SoFla’s shift to domestic buyers, branded condo boom during CNBC interview
Residential
Texas
Foreclosures tick up in stubbornly expensive Austin
Former boomtown led nation in residential foreclosure growth last month
Commercial
National
ICSC 2026: Parties, panels, pools — and chasing down deals
Debauchery may have mellowed but that doesn’t stop pros from letting loose, as retail's biggest event ends today
Residential
Chicago
Chicago MLS cuts off data feed to Zillow
Third largest MLS suspended tens of thousands of listings over private marketing fight, as Zillow lawsuit against MRED, Compass continues
Construction
National
Nation’s biggest builders hit with wave of defect claims
Homeowners allege faulty construction, developers blame aggressive lawyers
Commercial
Tri-State
Fraud allegations pile up against Bert I. Dweck and his family
Former investors, lenders circle Dweck family’s New Jersey estate
Commercial
New York
RealPage rent-fixing settlements pass $200M (and counting)
More landlords strike deals to exit litigation in antitrust fight
Brand Studio
Capital Minds: How Charney’s Partner Quietly Engineered a Real Estate Powerhouse
Inside the mind of Charney Companies COO Justin Pelsinger
Commercial
South Florida
“Perception becomes reality”: Miami-Dade office rents reach records
Landlords and tenants are negotiating new deals at over $200 psf
Thakkars claim Safehold cut them out of office-to-resi conversion
Texas family fights to stay in Midtown tower bought on Ten-X
“Extend and pretend” is not real, Fed economist says
New research paper by a Federal Reserve Board economist suggests big banks extended CRE loans at historical norms
Proposed tax on NYC cash sales unravels in Albany
State lawmakers reconsider levy on $1M+ deals: report
Growing law firm leases keep Manhattan’s office market humming
Willkie Farr, Kirkland & Ellis each expand by more than 50K sf
Upstate NY rent reg bill builds momentum, COPA secures City Council support
Controversial bills are quickly gaining ground
Mnuchin family lists Upper East Side townhouse for $35M
Six-story property held gallery, home across more than 17K sf
Publix rings up discounted shopping center near Boynton Beach for $78M
Lakeland-based grocer’s spending on retail plazas anchored by its supermarkets has reached $378M
Billionaires Michael Dell and Byron Trott hire Elliman to lead condo sales in Boca Raton
Penthouses at the Residences at Boca Raton start at $15M
Dingle brothers sell waterfront spec mansion for $75M in Boca Raton record
Deal will reset pricing in the city and within Royal Palm, broker said
Judge tosses condo owners’ suit against Fontainebleau Miami Beach over short-term rentals rules
Arguments from Jeffrey Soffer’s firm likely to be used in future condo-hotel disputes
$85M Manalapan mansion with tunnel to the ocean finds buyer
Pan-Pacific Mechanical owners Ron and Cindy McMackin are selling the estate
Riviera Beach delays vote on impact fee hike after Gold Coast Builders challenge
Association representatives questioned legality of proposed increases
Videos
From private jets to federal charges: The fall of ‘Big Bizzneesss’
Richard LeFrak’s $4 BILLION Bet on North Miami | Coffee Talk
Pendry Residences Nashville use Gaggenau to take Paseo South Gulch to new heights of luxury
Miami developer admits to stealing $85 million
A new 1% tax could change NYC luxury deals forever
What 50 feral cats reveal about the housing market’s AI problem
How the last great development site in NYC left Upper East Side renters with nowhere to go
Agents level up their tax game with RLTY and Nimbl
The $1 billion Texas rodeo project torn apart by a family feud
The Times Square scam that fooled a real estate giant
California accuses State Farm of cheating fire victims
Is NYC anti-real estate? Mamdani's housing chief weighs in
NYC has gambling all wrong, says Bally's chairman
HPD Commissioner Dina Levy to real estate: “We are not enemies” | The Real Deal's NYC Forum 2026
Madison Realty Capital, TYKO Capital execs on private credit and writing big checks | NYC Forum 2026
![“Legalize it and tax the [bleep] out of it”: Bally’s Soo Kim on gaming | NYC Forum 2026](https://i.ytimg.com/vi/MM5i0WvxJDU/sddefault.jpg)
“Legalize it and tax the [bleep] out of it”: Bally’s Soo Kim on gaming | NYC Forum 2026
Vornado, CBRE, and Newmark execs talk pied-à-terre tax, the office boom, and more | NYC Forum 2026
Why Queens and Brooklyn are the new frontiers for luxury housing development | NYC Forum 2026
Richard LeFrak on Zohran Mamdani, NYC housing & why developers are “villains” | Coffee Talk
Pam Liebman BETS $1M Corcoran won’t become Compass in brokerage showdown
Dauntless does it again: Pasadena hotel fetches $450k per key
$65M for Marriott reflects post-pandemic markup, outpaces market
Kirman courts new crowd, international buyers at Privé Malibu
His Christie’s International Real Estate SoCal landed sales contract for 68-unit coastal development
Onni’s $400M loan finds itself in special servicing again
Moved at borrower’s request, could be workout play as Onni plans office to resi
LA city’s top construction permits: Week ending 5/17/26
TRD reports on the top new permits in Los Angeles last week
Douglas Emmett cements resi conversion for Westwood office tower
Plans submitted a year after $131M deed-in-lieu takeover
Pasadena median home price blows past new state record: CAR
High-end sales pushing activity as investors snap up fire-scarred lots
Mike Reschke tees up latest Loop office bargain
One of Chicago real estate’s most prominent figures advances push to revamp city’s central business district with deal for mostly vacant tower
Chicago craft brewery owners hit with $5M foreclosure
Harvest Commercial Capital sues David Avram-led ownership entity over Near West Side facility
Domus’ Fulton Market apartment tower plan hits setback
Lack of park parcel procurement leaves 29-story project at 215 North Racine in limbo
Yitzy Klor pursuing third deconversion of the same Chicago condo building with $98M offer
Condo owners will vote on a third bulk buyout offer after two failed attempts from Klor
Multifamily momentum swells as three North Side Chicago complexes list
Two of the listings would make for the biggest deals Chicago apartment purchases in 2026
Sightwell scraps suburban Chicago lumberyard redevelopment plan
Construction on the performing arts center portion will move forward, but retail and residential are on hiatus
YIMBY movement split on who should be CA’s next governor
Varying endorsements reveal a coalition united on the housing crisis but divided on who can fix it
Sand Hill affiliate plots hundreds of apartments, townhomes in East Palo Alto
Developer advancing other multifamily efforts nearby
22-bedroom East Bay estate trades for near-record price
AI boom continues to drive big-ticket mansion sales across Bay Area
Affordable housing project rises from SiliconSage wreckage in Fremont
USA Properties Fund closes nearly $12M land buy for 290-unit development
City leaders consider bolstering affordable housing fund to bring back developers
November ballot measure could raise SF’s contribution from $52M to $125M for Housing Trust Fund
Swenson switches to affordable apartments at downtown San Jose site
Local developer won approval in 2022 for market-rate residences
Foreclosures tick up in stubbornly expensive Austin
Former boomtown led nation in residential foreclosure growth last month
Zom Living ordered to pay $323M after jury found it stole projects from former partner
Now-defunct Phoenix developer said Zom shut it out of 5 projects
Hillwood moving low-and-slow with 1,000 plus acre master-planned community in Lockhart
The development is going through the paces before shovels hit dirt
Can JLL smooth out Sundance Square leasing as Sasha and Ed Bass step back?
Plus, looming housing legislation spooks BTR developers, Jeff Bezos’ Blue Origin eyes Hutto for $650M project and more Texas real estate news this week
It’s official: Fifth Third Bank will exit Downtown Dallas Comerica Tower after Comerica merger
Bank is downsizing with move to Preston Center, following February merger with Comerica
Another master-planned community enters the North Texas pipeline
Grayson County land purchase spans 180 acres near Oklahoma border
Wall Street crowds into niche corner of real estate private credit
Non-traded mortgage REITs — similar in structure to Blue Owl’s controversial credit arm — are seeing a surge of new startups
Nation's biggest builders hit with wave of defect claims
Homeowners allege faulty construction, developers blame aggressive lawyers
ICSC 2026: Parties, panels, pools — and chasing down deals
Debauchery may have mellowed but that doesn’t stop pros from letting loose, as retail's biggest event ends today
Industrial Realty partners with Sachem for $3.4B REIT
Mortgage lender joins forces with Los Angeles industrial giant in pivot
Philadelphia
Centre Square bidding war erupts as NYC developer scoops local offer
CSC Coliving pitches $80M office-to-resi overhaul in Philadelphia
Housing Notes: IPhones replace boomer vices, but not drive for home buying
A shift in vices by generation expressed through charts
Japanese real estate bank lending soars to record high
$113B spending leads to concerns of market overheating, spec flipping
Czech billionaire Karel Komárek in pole position for second London office buy
Investment group KKCG submits £282M bid for 1 St James’s Square
Housing Notes: Chinese consumers prefer existing housing over new development
Households now favor certainty over buying off-plan
Australian Trump Tower project scrapped by developer shortly after grand reveal
Trump Org developments advancing in Middle East as name becomes “toxic” Down Under
Lionel Messi makes return to Barcelona … real estate
Inter Miami star purchases shuttered shopping center for $14M
Brookfield doubles down on Dubai with 480K sf mixed-use venture
Canadian investment giant teams with Alshaya Group despite regional instability
New York
New York’s proposed all-cash luxury home tax would hit these neighborhoods hardest
As mortgage rates remain high, all-cash purchases climb through the Big Apple
National
Pending home sales rose in April, but middle-class buyers still face a massive supply shortage
Western region saw greatest yearly increase in pending deals
New York
Brooklyn and Queens fuel NYC’s off-market deal surge
Off-market residential sales jumped across NYC in 2025 as private listings spread beyond Manhattan’s luxury core
National
Residential foreclosures soar in Sun Belt metros
FHA loans, affordability concerns add to pressures on borrowers
National
Commercial originations surge 52% amid lender "feeding frenzy"
Commercial real estate debt originations climb at highest rate in five years
New York
Tax abatement 485x, tariffs slam NYC construction pipeline
Staten Island, Queens report biggest fall-offs in new building activity
San Francisco
City leaders consider bolstering affordable housing fund to bring back developers
November ballot measure could raise SF’s contribution from $52M to $125M for Housing Trust Fund
Los Angeles
Douglas Emmett cements resi conversion for Westwood office tower
Plans submitted a year after $131M deed-in-lieu takeover
Los Angeles
LA city’s top construction permits: Week ending 5/17/26
TRD reports on the top new permits in Los Angeles last week
San Francisco
Sand Hill affiliate plots hundreds of apartments, townhomes in East Palo Alto
Developer advancing other multifamily efforts nearby
South Florida
$85M Manalapan mansion with tunnel to the ocean finds buyer
Pan-Pacific Mechanical owners Ron and Cindy McMackin are selling the estate
Los Angeles
Pasadena median home price blows past new state record: CAR
High-end sales pushing activity as investors snap up fire-scarred lots
Upcoming Events
The Real Deal and BSH: Building Luxury, Washington D.C.
BSH Experience & Design Center
Salon Series: Victor Sigoura
The Real Deal HQ
The Real Deal’s Podcast
Deconstruct
The Real Deal’s Joe Lovinger and Suzannah Cavanaugh break down the newest, biggest trends and concepts in real estate.
Los Angeles
LA city’s top construction permits: Week ending 5/17/26
TRD reports on the top new permits in Los Angeles last week
New York
Thakkars claim Safehold cut them out of office-to-resi conversion
Texas family fights to stay in Midtown tower bought on Ten-X
Philadelphia
Centre Square bidding war erupts as NYC developer scoops local offer
CSC Coliving pitches $80M office-to-resi overhaul in Philadelphia
Los Angeles
Dauntless does it again: Pasadena hotel fetches $450k per key
$65M for Marriott reflects post-pandemic markup, outpaces market
New York
Growing law firm leases keep Manhattan’s office market humming
Willkie Farr, Kirkland & Ellis each expand by more than 50K sf
Chicago
Chicago craft brewery owners hit with $5M foreclosure
Harvest Commercial Capital sues David Avram-led ownership entity over Near West Side facility
Texas
Hillwood moving low-and-slow with 1,000 plus acre master-planned community in Lockhart
The development is going through the paces before shovels hit dirt
South Florida
Riviera Beach delays vote on impact fee hike after Gold Coast Builders challenge
Association representatives questioned legality of proposed increases
Chicago
Domus’ Fulton Market apartment tower plan hits setback
Lack of park parcel procurement leaves 29-story project at 215 North Racine in limbo
South Florida
Penn-Florida sets stage for Mandarin Oriental hotel dev site auction
Developer still angling for a refi or recap to void bankruptcy sale
South Florida
Related Group scores rezoning for 20-story apartments in busy Riviera Beach
Project with BH Group and Tezral Partners is part of Marina Village redevelopment
Chicago
Mike Reschke tees up latest Loop office bargain
One of Chicago real estate’s most prominent figures advances push to revamp city’s central business district with deal for mostly vacant tower