Real estate responds to data center drama
Moratoriums spread as developers blame “misinformation”
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Residential
Los Angeles
OC hits ultra-luxury upper echelon with record-setting $110M mansion sale
Hush-hush Laguna Beach property is first of nine-figure deals anticipated in area where lots sell for $70M
Residential
National
Housing Notes: Some streets in the Hamptons just hit different
Meadow Lane is causing both FOMO and YOLO.
Commercial
South Florida
Ken Griffin doubles down on Brickell development with 300 apartments
Citadel hedge funder expanded planned supertall’s office space, still eyeing hotel
Magazine
New York
New York’s top developers unfazed by turmoil: rankings
Leading firms filed 19M square feet of new projects in 2025
Development
South Florida
JDS working on securing partner, $1B loan for Mercedes-Benz Miami project
Affiliate has been in foreclosure litigation with lender Cottonwood
Residential
National
CoStar claims Zillow needs a “reality check” in MRED listings suit
Data giant asks court to deny listing platform’s motion for a preliminary injunction
Politics
New York
Why tenants never protest high property taxes
Tax rate is high for large apartment buildings, low for homeowners
Brand Studio
How Banesco USA helps businesses make the most of Palm Beach’s booming market
A relationship-driven banking approach for Palm Beach’s next era of growth
Development
New York
Gary Barnett’s Park Avenue puzzle
Acquisitions, air-rights and a foreclosure filing hint at Extell’s assemblage plans
“Un-f*cking-believable”: Actors hired for landlord “zombie” demonstration say they feel manipulated
Gotham Housing Alliance put on the stunt at RGB hearing
New York pied-à-terre surcharge poses compliance challenges
DOF unveils rules for Mamdani’s signature second-home surcharge
Housing Notes: Some streets in the Hamptons just hit different
Meadow Lane is causing both FOMO and YOLO.
Real estate responds to data center drama
Moratoriums spread as developers blame “misinformation”
Tri-State
Developers secure $220M for next Jersey City tower
Integritas Capital, Kriss Capital provide debt for 56-story development
NYC’s top deals: SL Green sheds portions of FiDi building for $223M
TRD reports top transactions for Thursday, June 11., 2026
JDS working on securing partner, $1B loan for Mercedes-Benz Miami project
Affiliate has been in foreclosure litigation with lender Cottonwood
Boat crash victim’s father testifies against Miami commercial broker
George Pino is on trial for manslaughter, vessel homicide
Ken Griffin doubles down on Brickell development with 300 apartments
Citadel hedge funder expanded planned supertall’s office space, still eyeing hotel
“Biased and misleading”: Florida officials sued over property tax ballot language
Floridians expected to vote on proposed tax exemption in November
$17M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack
Rabideau Klein alleges series of bank failures allowed unauthorized wire transfers
Billionaire Paul Singer’s hedge fund, LHCG buy hotel from Brookfield for $69M
Mayfair House sale equates to about $387,700 per guest room
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Christie’s International Real Estate Group brings the Dominican Republic to NYC with Gran Cosón
Roy Stillman and Christie’s International Real Estate Group take you to The Atlantic Club Residences
Can Mamdani fix New York housing?
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Why mortgage rates could get worse under Trump’s new Fed chair
NYC's most controversial housing bill is back
America’s housing hangover has arrived
OC hits ultra-luxury upper echelon with record-setting $110M mansion sale
Hush-hush Laguna Beach property is first of nine-figure deals anticipated in area where lots sell for $70M
HUD suspends funding for LA housing agency as master-leased units sit 34% vacant
Empty homeless units cost $880K monthly, taxpayers on hook
Receiver requested on DTLA’s Metropolitan after Fallas family’s $32M default
Special servicer LNR, bankrupt retailer are still in talks, short sale possible
Wellpointe plots 3.5K-unit affordable senior housing complex in Warner Center
100% income-restricted development to rise on property purchased for $25M
Rockpoint grabs Westwood apartments as local market faces supply stress
West LA demand increasing with few new projects delivered
Developers in Pasadena pursue more multifamily projects in single-family neighborhoods
City has three years to reach lofty state-mandated housing construction goals
Inside the deal: how R2 completed a Chicago condo deconversion after a Fifield tower proposal was shot down twice
R2 spent four years pursuing units after neighbors rejected Fifield’s redevelopment play
Prada-anchored Chicago retail building hits market with $30M target
J. Safra tapped Newmark to sell Gold Coast property as luxury corridor owners test investor appetite
Greystone smacks Lowensteins with second Chicago foreclosure as CMBS collapse deepens to $54M
Lender targets another Drexel Boulevard property owned by Skokie-based investors, where value vaporized amid alleged neglect
Tucker, Wingspan cash out with $133M suburban Chicago refi
Developers replace $100M construction loan for Skokie project that broke ground during tight debt market in 2023
Chicago’s top construction permits: Week ending June 9, 2026
TRD reports on Windy City’s top new permits last week
Willow Bridge eyes 300 more apartments at booming Naperville campus
Luxury multifamily expansion at CityGate Centre advances despite density concerns from some planning commissioners
As supply skeptic advances in SF congressional race, developers push back
Affordable builders say subsidized-only mentality will accelerate city’s lack of affordability
Inside San Francisco's biggest developer unraveling
Ken Mattson may skip a trial as he prepares to plead guilty to at least one felony count in his alleged Ponzi scheme
Sterling’s 144K sf retail-to-industrial conversion nabs Fremont city approval
Tenants fighting for space in tight Silicon Valley market: CBRE
Historic Catholic residences in Los Altos trade for $43M
Entity linked to Sergey Brin’s ex-wife, former VP contender Nicole Shanahan emerged as buyer
Napa Valley estate blows past recent local listings with $100M ask
2K-acre vineyard re-listed after failing to find buyer
Freeway-fronting hillside in Visitacion Valley poised for mixed-income multifamily development
Three-building, 45-unit project proposed as city faces dearth of new housing supply
Houston Astros buys Salvation Army shelter across from Daikin Park
MLB team announced partnership with Houston developer Hines on mixed-use development in 2023
Musk’s SpaceX eyes 11M sf “Gigasat” factory in Bastrop County
Satellite manufacturing campus would eclipse Tesla’s nearby Gigafactory, part of Musk’s gambit to put AI-powered data centers in orbit
Old Preston Hollow estate escapes foreclosure auction block with sale after price cuts
Distressed developer’s asking price peaked at $16M before selling at $9M
Miami investor 12Ten Capital plants flag in Houston with value-add apartment buy
Seller Interurban Companies owned 180-unit Harper’s Mill for 20 years
Shorenstein snags 274K sf office campus in Plano from Spear Street Capital
Building is 100% leased, and traded amid a resurgence of corporate investment in Plano’s Legacy Business Park
Hunington plans $33M multifamily project in Houston-area boomtown
Fulshear ranked second nationally among fastest-growing towns of its size last year
Trump claims Fannie, Freddie are worth combined $1T
Shares briefly soared before skepticism drove them back down
AI is creating new challenges, opportunities and questions about the industry’s future
Plus, Compass faces an antitrust probe, the dark side of South Florida’s branded condos and more national real estate news this week
Despite headwinds, data center construction hits record
More than $50B spent on building in April: Census Bureau
The housing split: single-family down, apartments up
Permitting for houses decreased in every market for the first time since 2023.
Billions flow across data center deals despite headwinds
KKR launches $10B business; NTT seeks $1B for stateside projects
Charlotte
Charlotte giving red light to data center projects for 150 days
Move will stop work and proposals on data centers from going forward while they study the developments’ effects
AHS Properties pays $300M for Dubai Shangri-La
Developer adds to central Dubai portfolio
London luxury boom rolls on with another $200M sale
Regent’s Park mansion trades hands for 40% markup after 18 months
Malaysia, Australia emerge as Asia-Pacific’s biggest data center growth hotspots: CBRE
APAC data center investment soared to record high of nearly $12B in 2025
Albanian PM backs Kushner’s $5B resort despite environmental protests
Opposition grows as activists challenge development in protected coastal habitat
Zara founder nears largest European office buy in years
Amancio Ortega reportedly in talks to acquire Paris complex for $985M
Japanese real estate bank lending soars to record high
$113B spending leads to concerns of market overheating, spec flipping
National
Home ownership is a better financial move after six years
Despite high entry costs, a new Zillow report finds that buying a home beats renting
Texas
As listings pile up, DFW home prices keep falling
Across the Metroplex, median sale price dropped 1.7%
National
The housing split: single-family down, apartments up
Permitting for houses decreased in every market for the first time since 2023.
National
CRE deal volume fell 33% in April. Experts say: don’t fret
Multifamily sector recorded steepest year over year plunge among property types
National
Renters keep moving as homeowners stay put across the Sun Belt
Driven by high mortgage rates, home prices, renter mobility is spiking in key Southern markets
Dallas
Dallas-Fort Worth’s top brokers see deal volume rise as prices dip
Total volume for top 20 players hits $7.7B as Perry-Wisdom-Barrett, Ben Caballero led pack
South Florida
$17M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack
Rabideau Klein alleges series of bank failures allowed unauthorized wire transfers
South Florida
Rivani sells waterfront Palm Island home to Jose Mas, partners for $25M
Inter Miami co-owner, architect Cesar Molina are buying up homes
Texas
Old Preston Hollow estate escapes foreclosure auction block with sale after price cuts
Distressed developer’s asking price peaked at $16M before selling at $9M
Seattle
Native American tribe grows Seattle-area holdings with $53M apartment buy
Spokane Tribe of Indians picked up 1K+ units in Puget Sound in past year
National
The Data Drop: Don’t fret about CRE deals’ 33% April drop, experts say
TRD Data unpacks the metrics moving the market
South Florida
South Florida’s top deals: Rubells sell more property to Neology for $10M
TRD reports the most important transactions for June 11, 2026
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Deconstruct is the only podcast that brings you all the news you need to know about real estate. Hosts Lilah Burke and Hannah Kramer take you inside the largest real estate-focused newsroom in the country to explain the biggest issues in the industry today.
Texas
Shorenstein snags 274K sf office campus in Plano from Spear Street Capital
Building is 100% leased, and traded amid a resurgence of corporate investment in Plano’s Legacy Business Park
South Florida
Billionaire Paul Singer’s hedge fund, LHCG buy hotel from Brookfield for $69M
Mayfair House sale equates to about $387,700 per guest room
Los Angeles
HUD suspends funding for LA housing agency as master-leased units sit 34% vacant
Empty homeless units cost $880K monthly, taxpayers on hook
South Florida
Todd Boehley’s Eldridge in talks to lease at OKO, Cain’s 830 Brickell
Developers completed 57-story office tower in 2024
Texas
Miami investor 12Ten Capital plants flag in Houston with value-add apartment buy
Seller Interurban Companies owned 180-unit Harper’s Mill for 20 years
National
The Data Drop: Don’t fret about CRE deals’ 33% April drop, experts say
TRD Data unpacks the metrics moving the market
National
Billions flow across data center deals despite headwinds
KKR launches $10B business; NTT seeks $1B for stateside projects
Texas
Musk’s SpaceX eyes 11M sf “Gigasat” factory in Bastrop County
Satellite manufacturing campus would eclipse Tesla’s nearby Gigafactory, part of Musk’s gambit to put AI-powered data centers in orbit
Charlotte
Charlotte giving red light to data center projects for 150 days
Move will stop work and proposals on data centers from going forward while they study the developments’ effects
Texas
Hunington plans $33M multifamily project in Houston-area boomtown
Fulshear ranked second nationally among fastest-growing towns of its size last year
Tri-State
Developers secure $220M for next Jersey City tower
Integritas Capital, Kriss Capital provide debt for 56-story development
Texas
North Texas city reverses course, clears Trammell Crow’s apartment-hotel project
Grapevine approved zoning for 248 units and a six-story hotel after rejecting the proposal weeks earlier amid resident pushback