The billionaire's daughter
How Shanna Kahn became the face of her family’s foray into commercial real estate development
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Politics
New York
The slow bloodletting of NYC real estate
Small wounds add up to hemorrhaging housing market
Magazine
New York
What happens next after Josh Schuster’s guilty plea?
Victims begin their fight over the profits from the condo project at the center of the disgraced developer’s scheme
Residential
Boston
Success Real Estate founder pleads guilty to $11M embezzlement
Stephen Webster sentenced to two to three years in prison
Commercial
New York
Activist investor seeks to oust Americold Chair Mark Patterson over “problematic boardroom behavior”
Investor wants cold storage REIT to remove chair citing TRD reporting on Patterson’s tenure at Paramount Group
Commercial
New York
9 West sets new record for Manhattan office rent
International family office signs $327 psf lease: Soloviev
Commercial
San Francisco
A billion-dollar bet on a San Francisco skyscraper ended in a loss. Michael Shvo still got paid.
The Transamerica Pyramid sold for $692 million. The investors who bankrolled its $250 million renovation are taking a massive hit. Michael Shvo is taking $34 million.
Commercial
South Florida
Fontainebleau Miami Beach condo-hotel owners revolt against rule changes
Lawsuit alleges new regulations at billionaire Jeffrey Soffer’s waterfront resort unfairly target units that are not part of hotel’s rental program
Brand Studio
In the age of consolidation, Howard Hanna is built different
Commercial
New York
NJ Attorney’s office charges Mordechai Weiss with fraud
Monsey-based multifamily investor latest target in mortgage fraud push
Scott Rechler’s RXR leading $500M recap of 55 Broad office conversion
Silverstein Properties, Metro Loft Management converted 571-unit building
Moinian pursues major rezoning for Upper East Side project
Developer wants to build 354-unit high-rise near Queensboro Bridge
Rosen Partners head sues Upper East Side condo board over oil spill
Jack Rosen seeking $40M in damages
NYC’s top deals: LNR sells former Thor Equities Midtown building for $10M
TRD reports top transactions for Thursday, April 2, 2026
Antitrust lawsuit fallout fails to dent New York agent commissions
Brokers report commissions remain just under 6% & more in resi reporter’s notes
Stefan Soloviev sets a Manhattan office rent benchmark
Plus, another Charles Cohen issue, a C-suite shakeup at Extell and more
Here are the top 100 real estate pros in South Florida
The Real Deal’s list includes developers, brokers and other industry giants across tri-county region
Fontainebleau Miami Beach condo-hotel owners revolt against rule changes
Lawsuit alleges new regulations at billionaire Jeffrey Soffer’s waterfront resort unfairly target units that are not part of hotel’s rental program
Miami Worldcenter retail district trades for $210M but Art Falcone still in the mix
Project’s original developer teamed up with ROK Acquisitions, Andrew Mirmelli, The Davis Companies and Jamestown for purchase.
Boca Raton couple pleads guilty in $50M real estate investment fraud
Jean Joseph, Janalie Bingham told investors their funds would go toward properties but spent it on equities trading and themselves, prosecutors say
Live Local Act project heads to Miami Beach vote amid controversy over state law
Proposal for a car elevator triggered public hearing for 15-story building
New York brokerage Incitatus wins $1M judgment against Miami developer
Judge ruled firm is owed finder’s fee for sourcing equity partner for multifamily project
LA’s 17.8% resi progress lags state-mandated production as clock ticks
City still needs more than 300,000 new housing units by 2029 to meet Sacramento order
Just dropped: Beverly Hills Estates expands with Malibu division, Savills deal
Trevor Wright, along with Branden and Rayni Williams, to lead Malibu Estates
Campaign promises offered as assurances on California’s troubled resi insurance market
Forum in fire-ravaged Pacific Palisades backdrop for talk on rethinking state government’s approach
Multifamily build-up: Seven stories pitched for corner lot in Harvard Heights
Brian Abghari submitted redevelopment plans for a single-family lot
Rexford sells real estate while former co-CEO sells shares
Plus, J.J. Abrams takes Bad Robot out of L.A. after selling HQ, Kilroy’s Angela Aman joins California real estate crew backing Matt Mahan and more news.
WeHo affordable housing project advances near Sunset Strip
89-unit development joins other affordable projects from West Hollywood Community Housing across Westside
Situs to foreclose on embattled Chinese landlord’s $240M Loop office tower loan
Northern Trust’s downsized lease during HNA Group’s bankruptcy proceedings purportedly sank cash flow
Former Chicago Daily News building wins initial approval for landmark status ahead of revamp
New joint ownership venture could snag $28M in tax breaks for planned waterfront overhaul of tower previously owned by the late Sam Zell
Owners of Chicago’s Aqua Tower score $144M refi
Affiliate of Starwood Capital led the lenders of the new loan, which replaces a maturing debt package
The billionaire's daughter
How Shanna Kahn became the face of her family’s foray into commercial real estate development
Breaking down Chicago’s biggest residential home sales in March
$14.3 million Geneva Lake home led month in luxury home sales, followed by North Shore lakehouse and Hinsdale mansion
Nuveen nabs grocery-anchored shopping plaza for slightly discounted $27M
Retail center on Chicago’s Northwest side last sold for $28M in 2018
Kennedy Wilson seizes Oakland office tower from Shorenstein in fast foreclosure
$265M debt restructuring failed before acquisition
North San Jose tech energy firm doubles office footprint as data center demand grows
AI boom increasingly requiring specialized power sources to keep centers running
Silicon Valley retail site in prime location fetches $11M from local investor
Neighboring Westfield Valley Fair, Santana Row serve shoppers across San Jose, Santa Clara
Campaign promises offered as assurances on California’s troubled resi insurance market
Forum in fire-ravaged Pacific Palisades backdrop for talk on rethinking state government’s approach
Germans take haircut while Shvo makes out on hairy deal for Transamerica
Shvo's $34M exit, plus Anthropic's expansion and a new East Bay rent record
SF investment firm grabs fire-ravaged Napa Valley winery assets
Region’s vintner brands increasingly gobbled up by private equity in recent years
Toll Brothers and Tri Pointe Homes launch 1,600-plus home development in suburban Houston
Richmond site considered one of the last in the city available for buildout
Uptown proposal: Alamo Manhattan pitches $50M hotel on Cole Avenue
Developer looks to replicate Marriott Dallas Uptown’s success with lower-cost extended-stay concept
Woodside acquires Northwest Houston office campus
Fort Worth-based firm began a three-to-six-month renovation program on the properties
7-Eleven founder’s family sells Dallas home
Late owner’s father invented the convenience store, founded parent company of international franchise
Houston’s real estate c-suite gets fresh blood
Plus, Mehrdad Moayedi tees up “The Founder,” Dallas investor plans $1B investment in Saudi Arabia and more Texas real estate news
Aquila and PacVentures buy Arboretum office campus, as investors target Northwest Austin
Joint venture plans upgrades and lease-up at 318K sf complex
Federal government uses less than one-third of its offices, study says
Empty space estimated to cost agencies $2B per year
Trump-championed affordable housing credit overhaul stalls amid financing bottlenecks
LIHTC expansion promised affordable housing boost, lenders can’t keep up
Boston
Success Real Estate founder pleads guilty to $11M embezzlement
Stephen Webster sentenced to two to three years in prison
Opendoor acquires proptech firm’s AI-powered closing, escrow business
Doma previously inked Fannie Mae deal to target refis
NWMLS hits back at Compass, “deceptive” marketing strategy
Listing service filed counterclaims in antitrust suit
Philadelphia
SEPTA doubles down on transit-oriented development
Philadelphia-area authority eyes building partners
Invesco picks up more than a dozen Tokyo multifamily properties
Japanese market drawing more foreign investors with rising apartment demand
British developer appears to shatter global home sale record
Nick Candy selling London property for $350M
Japanese homebuilders increase US foothold
Recent multibillion-dollar deals set to bring market share to 6%
Dallas family office joins $1B Saudi hotel development
Patel venture targets 50 business hotels, as Kingdom ramps up tourism goals
Dubai real estate bonds dip into distress
Regional war tightening refi options, financial pressure
Blackstone targets housing sale in another European country
Company seeks to sell 60 apartments at Paris mixed-use complex
National
CMBS delinquency rates climb in March
Office, hotels lead troubled loans’ rise to 7.55% percent from February
National
U.S. housing pricing growth moderates ahead of spring buying frenzy
War with Iran could disrupt market if mortgage rates continue to rise
National
REITs outperform in first quarter amid macroeconomic concerns
Data centers, health care properties fuel REIT performance
National
What are the best markets for multifamily investments?
Washington, D.C., Las Vegas rank high among top cities for apartment building buyers
National
Tariffs, war keep pressure on construction costs
Wage increases make up large proportion of industry costs
National
U.S. office-to-apartment conversions hits new high
NYC, Washington, D.C. lead the pack
San Francisco
Germans take haircut while Shvo makes out on hairy deal for Transamerica
Shvo's $34M exit, plus Anthropic's expansion and a new East Bay rent record
New York
Antitrust lawsuit fallout fails to dent New York agent commissions
Brokers report commissions remain just under 6% & more in resi reporter’s notes
Chicago
Breaking down Chicago’s biggest residential home sales in March
$14.3 million Geneva Lake home led month in luxury home sales, followed by North Shore lakehouse and Hinsdale mansion
New York
NYC’s top deals: Empire State Realty Trust scoops up Williamsburg condo for $46M
TRD reports top transactions for Friday, April 3, 2026
Los Angeles
WeHo affordable housing project advances near Sunset Strip
89-unit development joins other affordable projects from West Hollywood Community Housing across Westside
Los Angeles
Kuwaiti billionaire’s seven Bel Air homes head to auction for $105M
Properties spanning nine parcels to be marketed for sale before May auction
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Los Angeles
Rexford sells real estate while former co-CEO sells shares
Plus, J.J. Abrams takes Bad Robot out of L.A. after selling HQ, Kilroy’s Angela Aman joins California real estate crew backing Matt Mahan and more news.
San Francisco
Germans take haircut while Shvo makes out on hairy deal for Transamerica
Shvo's $34M exit, plus Anthropic's expansion and a new East Bay rent record
Texas
Houston’s real estate c-suite gets fresh blood
Plus, Mehrdad Moayedi tees up “The Founder,” Dallas investor plans $1B investment in Saudi Arabia and more Texas real estate news
New York
Stefan Soloviev sets a Manhattan office rent benchmark
Plus, another Charles Cohen issue, a C-suite shakeup at Extell and more
New York
NYC’s top deals: Empire State Realty Trust scoops up Williamsburg condo for $46M
TRD reports top transactions for Friday, April 3, 2026
San Francisco
Silicon Valley retail site in prime location fetches $11M from local investor
Neighboring Westfield Valley Fair, Santana Row serve shoppers across San Jose, Santa Clara
Texas
Houston’s real estate c-suite gets fresh blood
Plus, Mehrdad Moayedi tees up “The Founder,” Dallas investor plans $1B investment in Saudi Arabia and more Texas real estate news
Los Angeles
LA’s 17.8% resi progress lags state-mandated production as clock ticks
City still needs more than 300,000 new housing units by 2029 to meet Sacramento order
Texas
Uptown proposal: Alamo Manhattan pitches $50M hotel on Cole Avenue
Developer looks to replicate Marriott Dallas Uptown’s success with lower-cost extended-stay concept
South Florida
Live Local Act project heads to Miami Beach vote amid controversy over state law
Proposal for a car elevator triggered public hearing for 15-story building
Philadelphia
SEPTA doubles down on transit-oriented development
Philadelphia-area authority eyes building partners
Texas
Toll Brothers and Tri Pointe Homes launch 1,600-plus home development in suburban Houston
Richmond site considered one of the last in the city available for buildout