From “fixed-rate is for suckers” to “no return of capital”: A timeline of S2 Capital’s fall from grace
Scott Everett’s syndicator success story took a turn when its REIT and first fund faced equity wipeouts
Top stories
Get the latest
Real Estate news
Real Estate news
Headlines delivered weekly
Residential
National
How Compass’ new size could spell new problems
What a fight over the residential giant's transaction fees could mean for post-merger reality
Politics
New York
The Real Deal launches TRD Policy Pro
New intelligence platform tracks politics’ outsized influence on New York real estate
Residential
New York
Elliman’s AI overhaul raises questions about future of agents
Firm’s CEO says new tech could lead to layoffs, fewer agents & more in notes from a resi reporter
Politics
Los Angeles
Rick Caruso, Jeff Worthe, Kilroy back Xavier Becerra’s run for California governor
Switch to Dem nominee follows Matt Mahan flop in primary
Commercial
National
The near-collapse that rattled NYC’s conversion boom
Plus, Michael Stern and Gianluca Vacchi’s breakup, New York’s luxury new development market is on fire and more national real estate news this week.
Magazine
National
Summer spotlight: Martha’s Vineyard
The biggest development projects, players and priciest properties in the iconic New England enclave
Commercial
New York
Rent freeze vote likely to push stabilized values lower
Brokers report retrades, revised expectations
Brand Studio
AppFolio Levels Up Asset Management With AI-Native Architecture
Goodbye Static Software, Hello AI-Powered Management Tech
Magazine
New York
Vornado’s multimillion-dollar rent dispute at One Penn Plaza has a long and twisted history
Fifty-year battle features Harry Helmsley, Joe DiMaggio and a group of CRE brokers afraid of Steve Roth
Simad Holdings nears first deal to sell summer camp
Bankrupt camp operator is selling Camp Achim in the Catskills as it begins process of selling real estate to pay $344M owed to creditors
Court rejects REBNY’s FARE Act appeal
Appeals court dismisses First Amendment, state preemption claims
Tri-State
Defense Department signs 10-year lease for Long Island office
Gov’t agency to establish new regional office with 2027 move-in
Chris Pine sues developer over Brooklyn townhouse rental
“Star Trek” actor claims Eckstrom's Carlos Saavedra kept $100k after failed negotiations
Tri-State
Hochul orders 1-year ban on large data center construction
Executive order to allow NY to assess environmental impacts, power use
Housing Notes: Developers are in on the joke: Apologize later
NYC development legend Harry Macklowe's midnight demolitions
Sean “Diddy” Combs sells waterfront Star Island mansion for $55M
Incarcerated former hip hop mogul still owns estate next door
Judge slams Russian investor who defied court orders in Trump Palace condo case
Svyatoslav Mangushev was ordered to pay ex-Russian official $2M over dispute tied to Trump Palace
Judge tosses suit over Two Roads’ Four Seasons Bahamas –– but fight isn’t over
Roger Stein’s Soho Development, which alleges it was sidelined from the $300M luxury condo project, says judge’s order addresses the wrong complaint
Late German prince’s Palm Beach home trades for $30M
Sea Isles Estates property last asked $33M
Dolphins out, superyachts in: David Martin’s marina plan at former Seaquarium getting underway
Miami-Dade negotiating ground lease with Terra boss, facing complex approvals
Ryder System leases entire Kurv Gratigny warehouses in top industrial deal this year
Completed last year, the 400K-plus sf building will serve as a distribution center
Videos
This one thing makes a developer successful, says GFP Development CEO
Manhattan home prices have been frozen for a decade. Here's why.
Trump won't sign this housing bill. It may become law anyway.
OneRepublic's Ryan Tedder: Why I Pull All My Music Money Into Real Estate
Has the Sun Belt peaked? JPMorgan weighs in
The last piece of World Trade Center is finally rising
Is the American mall back?
How 15 Central Park West changed luxury real estate forever
Collapse fears at NYC biggest conversion
The hidden cost of New York's pied-à-terre tax
Inside the Multifamily Squeeze: Political Risk, AI & Operations in 2026 | TRD Roundtable
How St. Barts became a billionaire playground
Wall Street Is Pulling Back From Housing. Here's Why.
The Secret Real Estate Power Game in St. Barts | Coffee Talk with Michael Gross
NYC’s $1.8B housing voucher fight, explained
"Mayor Mamdani calls: What's your plan to fix NYC housing?" | Victor Sigoura answers
NYC's New Pied-à-Terre Tax Explained
The downfall of Kanye's Malibu mansion
New York City Freezes Rent on Nearly 1 Million Apartments
Coffee Talk | Real Estate's Most Powerful Voices, Unscripted
Jamison’s Equitable Plaza value slashed by 62%
Koreatown office tower estimated to be worth $58M, or around $80 psf: Morningstar
Rick Caruso, Jeff Worthe, Kilroy back Xavier Becerra’s run for California governor
Switch to Dem nominee follows Matt Mahan flop in primary
Bel Air mansion, once home to a Louis Vuitton exhibit, hits market for $88M
18K sf spec manse developed by Michael Chen’s Luxford Group
HVN adds to Studio City development pipeline with latest multifamily plans
Affordable developer pursuing flurry of income-restricted projects across SFV
Malibu manse on “celebrity row” tops last week’s LA County luxury contracts
$22M home joined 18 other high-end contracts inked as volume increased year over year
Jennifer Lopez finds buyer for Beverly Crest estate after multiple relistings, price cuts
38K sf property was last listed for $50M this spring
Crescent Heights lands $332M refinancing for Chicago’s tallest apartment tower
Fixed-rate debt stack from New York Life and PGIM replaces KKR loan on NEMA Chicago following developer's adjacent South Loop land surrender
Highland Partners drops $119M on Magellan’s River North tower
Utah-based investor notched largest Chicago deal to date as it builds out $400M portfolio
TIF funding for the 78 gets key approval for $425M for needed infrastructure
Related Midwest to receive $287M in redirected funds for infrastructure; final City Council vote set for Wednesday
Mayor Johnson makes fresh bid to reassert power over the Chicago Housing Authority
Plan to install three board members Tuesday marks latest tug-of-war with former interim chair Matthew Brewer
Johnson’s effort to reassert CHA power stymied by City Council vote
Mayor’s maneuver to oust opponents on housing authority board thwarted as leadership feud persists
Chicago proposes $287M TIF raid for Related Midwest’s megaproject The 78
Plan to fund infrastructure around Chicago Fire’s new home sparked alarm over redirected Union Station funds
A Buffett protege said to have bet nearly $49M on Union Square retail
Ian Jacobs allegedly added a Bulgari-anchored building to his downtown buying spree amid mixed retail fundamentals
Signature Development’s Uptown Oakland apartments headed to foreclosure
Chicago Title Insurance, Bellwether plan auction later this month
Rick Caruso, Jeff Worthe, Kilroy back Xavier Becerra’s run for California governor
Switch to Dem nominee follows Matt Mahan flop in primary
Seven Equity buys former WeWork building in Tenderloin out of receivership
NYC investor growing SF collection after $15M buy last year
Out with the old, in with the new: SF considers pulling Prop M allocations from inactive developers
Drop in office demand, ongoing housing shortage forces ultimatum for builders
Blood in the water: San Jose Sharks bite on Google offices next to SAP Center
NHL team plans employee redistribution amid $425M makeover of adjacent arena
From “fixed-rate is for suckers” to “no return of capital”: A timeline of S2 Capital’s fall from grace
Scott Everett’s syndicator success story took a turn when its REIT and first fund faced equity wipeouts
Elon Musk’s Austin area empire triples land holdings
Tech titan adds 1,300 acres to portfolio, leaving observers guessing on next moves
Crow Holdings secures $380M refi deal for 1,500-unit apartment portfolio
The five properties include two in Austin and one in Dallas
Steel IQ’s 3D-printed steel could slash builds from months to weeks
North Texas startup says its system pairs digital models with AI and cuts labor needs and speeds up construction when compared to wood framing
Dallas apartment pipeline gets a boost with pair of financing deals
Endeavor and StreetLights secure funds for 22-story high-rises in Uptown and Plano
Texas’ top construction permits for the week ending July 14, 2026
TRD reports on the Lone Star State’s top new permits last week
FTC’s challenge to Zillow-Redfin partnership headed to trial
Judge denies government’s request to decide case early
Brookfield-backed data center firm to go public
CSquare seeking to raise $1.35B in IPO at potential $4.18B valuation
How a courtroom showdown in Chicago could reshape residential real estate
Plus, the Jills Zeder Group’s rise to the top, the tenant groups running NYC and more national real estate news this week
Barry Sternlicht raises $10B for fund eyeing data center push
Starwood invested more than $100M into largest-ever fund
Greystar accused of violating fair housing laws
Watchdog group says nation’s largest landlord stiff-armed applicants with vouchers to pay the rent
Phoenix
Arizona price record: Paradise Valley estate sells for $40M
Luxury real estate sales accelerating in Phoenix area
Kushner-linked Albania resort sparks backlash over coastal habitat
Satellite analysis suggests preparation advanced before environmental review
How low can it go? Two decades of Chinese home price growth erased by ongoing crash
No end in sight as housing prices fall for 35th straight month
Home flippers descend on Hong Kong
Prices jump 10% YoY following elimination of taxes on flips, spec in 2024
Barclays drops nearly $1B to buy its London HQ
Lender the latest to shift from renter to owner of office space
Manchester United takes step towards $2B+ stadium project
Soccer club buys majority of land needed for development
Charles Kushner ruffles berets as French ambassador
First year in gig included two summonses, which he ignored
National
REITs outperform broader market in H1 2026
Public real estate investment trusts posted 15% returns in first half of year, outpacing S&P 500, Russell 1000
New York
Here’s a look at NYC’s major office-to-residential conversions
MetroLoft behind several top projects in Big Apple
San Francisco
San Francisco drives Bay Area off-market luxury boom
AI wealth and inventory shapes private sale volume
National
Miami claims highest office asking rents in the US
Magic City averages $59.66 per square foot, outpacing the five boroughs’ $50.56
New York
Bronx neighborhoods lead NYC housing market growth in second quarter
Norwood, Fieldston saw triple-digit growth in median values
National
U.S. government pivots to sell-off: Federal agency sells $614M worth of real estate
Amid high maintenance costs, the federal government is trimming its owned property portfolio
Los Angeles
Malibu manse on “celebrity row” tops last week’s LA County luxury contracts
$22M home joined 18 other high-end contracts inked as volume increased year over year
National
Greystar accused of violating fair housing laws
Watchdog group says nation’s largest landlord stiff-armed applicants with vouchers to pay the rent
Texas
Dallas apartment pipeline gets a boost with pair of financing deals
Endeavor and StreetLights secure funds for 22-story high-rises in Uptown and Plano
Los Angeles
Jennifer Lopez finds buyer for Beverly Crest estate after multiple relistings, price cuts
38K sf property was last listed for $50M this spring
New York
Court rejects REBNY’s FARE Act appeal
Appeals court dismisses First Amendment, state preemption claims
South Florida
Sean “Diddy” Combs sells waterfront Star Island mansion for $55M
Incarcerated former hip hop mogul still owns estate next door
Upcoming Events
The Real Deal and BSH: Building Luxury, Washington D.C.
BSH Experience & Design Center
Salon Series: Victor Sigoura
The Real Deal HQ
Miami Forum
Mana Wynwood
The Real Deal’s Podcast
Deconstruct
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.
San Francisco
Out with the old, in with the new: SF considers pulling Prop M allocations from inactive developers
Drop in office demand, ongoing housing shortage forces ultimatum for builders
Texas
Crow Holdings secures $380M refi deal for 1,500-unit apartment portfolio
The five properties include two in Austin and one in Dallas
San Francisco
A Buffett protege said to have bet nearly $49M on Union Square retail
Ian Jacobs allegedly added a Bulgari-anchored building to his downtown buying spree amid mixed retail fundamentals
Tri-State
Defense Department signs 10-year lease for Long Island office
Gov’t agency to establish new regional office with 2027 move-in
Texas
Elon Musk’s Austin area empire triples land holdings
Tech titan adds 1,300 acres to portfolio, leaving observers guessing on next moves
Los Angeles
Jamison’s Equitable Plaza value slashed by 62%
Koreatown office tower estimated to be worth $58M, or around $80 psf: Morningstar
Texas
Dallas apartment pipeline gets a boost with pair of financing deals
Endeavor and StreetLights secure funds for 22-story high-rises in Uptown and Plano
Texas
Texas’ top construction permits for the week ending July 14, 2026
TRD reports on the Lone Star State’s top new permits last week
South Florida
Dolphins out, superyachts in: David Martin’s marina plan at former Seaquarium getting underway
Miami-Dade negotiating ground lease with Terra boss, facing complex approvals
Chicago
TIF funding for the 78 gets key approval for $425M for needed infrastructure
Related Midwest to receive $287M in redirected funds for infrastructure; final City Council vote set for Wednesday
New York
Housing Notes: Developers are in on the joke: Apologize later
NYC development legend Harry Macklowe's midnight demolitions
South Florida
Buyer scores $2M judgment against Mandarin Oriental Boca developer
Penn-Florida affiliate Via Mizner Owner III faces 13 lawsuits tied to delayed condo deliveries