Real estate industry’s transfer tax win faces second court appeal
Chicago real estate players may want to hold off on any further celebration of a judge’s ruling against Mayor Brandon Johnson’s transfer tax hike. After a Cook County judge decided last week that...
View ArticleClik here to view.
Ethics accusations fly in Cook County Board of Review race
In the run-up to the March Democratic primary, ethics concerns have emerged in the race for Cook County Board of Review commissioner, with challenger Larecia Tucker leveling accusations against...
View ArticleClik here to view.
Shackelford County ranch lists for $39M
Another luxury ranch is up for grabs in Texas. The 9,400-acre Crooked Tree Ranch in Shackelford County, about 125 miles west of Fort Worth, has hit the market with a price tag over $39 million, the...
View ArticleCompass posts $83 million quarterly loss, $320 million for year
Compass posted a net loss of $320 million in 2023, including a loss of $83.8 million in the fourth quarter. That’s about half of its net loss of $158 million in the fourth quarter of 2022, a year in...
View ArticleClik here to view.
New American Funding owners buy Santa Ana offices for $31M
The owners of New American Funding bought a 208,300-square-foot office tower in Santa Ana for $31 million — or $23 million less than what it traded for five years ago. An unidentified LLC headed by...
View ArticleDeveloper allegedly defaults on planned 200-home Calabasas project site
Solar farm developer Clinton Brown has allegedly defaulted on a loan at a Calabasas site where he wants to build a 200-home subdivision, The Real Deal has learned. The property, at 27250 Agoura Road,...
View ArticleMacy’s to shutter longtime store in San Francisco’s Union Square
First Nordstrom abandoned San Francisco, and now Macy’s is preparing to ship its parade of clothes, perfumes and home furnishings out of town. The New York-based retailer plans to shutter its...
View ArticleClik here to view.
Realty1 moves forward with 200k sf retail center near Katy
A growing suburban area of Houston is getting a major retail, apartment and office development. Realty1 Partners, a Fulshear-based retail developer, filed plans to build Elyson Town Center in Elyson,...
View ArticleBlackstone’s Jonathan Pollack to join Starwood Capital as president
Blackstone’s Jonathan Pollack is jumping ship to Starwood Capital Group, but his start date isn’t until next year. Pollack, who is currently the global head of New York-based Blackstone’s real estate...
View ArticleEQT Exeter pays $15M for Doral warehouse and office building
EQT Exeter paid $14.5 million for a warehouse and office building in Doral. An affiliate of the Radnor, Pennsylvania-based real estate investment trust acquired the 45,970-square-foot mixed-use...
View ArticleClik here to view.
Glencoe mansion trades for $8.2M
A lavish estate has changed hands in a North Shore suburb that’s often loaded with eye-popping sales and listings. The buyers, whose identities are shielded through an opaque land trust, recently paid...
View ArticleClik here to view.
Johnson Development adding higher ed to master-planned community
One of Houston’s real estate titans is expanding its master-planned community in Conroe through a partnership with Sam Houston State University. The Sam Houston State University Health Professions...
View ArticleClik here to view.
Trump takes Tish James, $454M judgment to higher court
The only question was when, not if, Donald Trump would appeal the $454 million judgment levied against his firm by a New York judge. The answer: Monday, Reuters reported. The right to appeal New York...
View ArticleClik here to view.
Law school bets on building academic village in SF’s Tenderloin
Public university housing offers a boon to San Francisco’s drug-addled Tenderloin. The UC College of the Law SF, which last summer opened its 14-story, 650-unit Academe at 198 at 198 McAllister...
View ArticleClik here to view.
March ballot measure unlikely to drive SF office conversions
San Francisco Mayor London Breed’s March ballot measure that aims to encourage developers to turn empty offices into homes won’t likely spur such conversions. That’s the conclusion of a city analysis...
View ArticleClik here to view.
LeFrak, citing “nightmarish” delays, takes housing court to court
One of the city’s biggest landlords is fed up with housing court’s “interminable” delays. The LeFrak Organization sued the city’s Office of Court Administration and Civil Court, which handles eviction...
View ArticleClik here to view.
Naperville mansion’s $7.5M sale is second-priciest transaction
A Naperville mansion that just changed hands is nipping at the heels of the priciest residential sale on record in the southwest suburb. Thomas F. Harter Sr., a former Navistar executive, sold his...
View ArticleLennar plans 521 townhouses in Florida City
Lennar wants to develop a 521-unit townhouse project in Florida City, marking the firm’s continued bet on south Miami-Dade County. The Miami-based homebuilder’s land bank, Scottsdale, Arizona-based...
View ArticleClik here to view.
Cal-Coast defaults on $25M loan tied to marina homes in San Leandro
Cal-Coast Development has defaulted on a $24.9 million public loan tied to land approved for more than 200 homes on the waterfront in San Leandro. The Los Angeles-based developer led by Edward Miller...
View ArticleClik here to view.
Blackstone ends Stuy Town rent stabilization fight
Blackstone is bringing an end to its efforts to lift rent stabilization ordinances at Manhattan’s largest apartment complex Stuyvesant Town-Peter Cooper Village. The private equity firm ended its...
View Article
![[-100%] Commodity Intelligence – (Android Apps)](http://play-lh.googleusercontent.com/j67-qJvmnn4xnVlYVZ9ZhtZUJIgwjKekJGoKQT6D1KHcWGZxtQaFroummEvwV17na7tyh1pGbbeWCRdWtTKqeg=w950-h950)
