News
Citigroup's San Antonio campus heads back to market after sale collapses
2+ hour, 1+ min ago (252+ words) Carabin Shaw deal unraveled after multiple contract revisions, leaving a $350 K escrow dispute and a discounted office campus back up for grabs It appears that Citigroup's San Antonio office complex is heading back to market after a deal to offload…...
Full-floor condo at Central Park Tower snags signed contract, asking $55 M
4+ hour, 55+ min ago (554+ words) Supertall's 113th floor was priciest of 15 luxury homes to find buyers last week A trophy condo at Extell Development's Central Park Tower nabbed a buyer last week, topping a slow week for luxury deals ahead of the Fourth of July. A…...
Lennar, TPG pick up entitled resi development site in Saratoga for $110 M
1+ hour, 41+ min ago (330+ words) Construction for 52 homes, 12 ADUs expected to begin this week Lennar Corporation and TPG bought one of the last large undeveloped residential sites in Saratoga days before the start of construction." Lennar and TPG acquired the 11. 6-acre site at 14001 Chester Avenue…...
Pw C ditches DTLA for Century City, inks 150 K sf lease at Irvine Company tower
1+ hour, 44+ min ago (280+ words) Accounting firm will vacate offices owned by Uncommon Developers Pricewaterhouse Coopers is leaving downtown and heading to Century City, The Real Deal has learned." The accounting giant currently occupies around 100, 000-square feet at 601 South Figueroa, a million-square foot office tower…...
Tyler Herro lists Pinecrest estate after trade to Milwaukee Bucks
2+ hour, 28+ min ago (268+ words) Miami Heat swap involving Giannis Antetokounmpo was finalized Monday Tyler Herro wasted little time after being traded to the Milwaukee Bucks, and listed his Pinecrest mansion for nearly $12 million the day his trade was finalized." Herro paid $10. 5 million for the…...
Brooklyn Heights townhouse trades for $25 M
9+ hour, 21+ min ago (429+ words) Off-market deal for 192 Columbia Heights is borough's priciest so far this year A Brooklyn Heights townhouse just nabbed the borough's priciest sale so far this year. The home at 192 Columbia Heights traded in an off-market deal for $24. 5 million, according to…...
Peninsula Land & Capital scoops up San Jose offices from Hudson Pacific for $25 M
3+ hour, 34+ min ago (209+ words) San Jose office properties selling like hot cakes at bargain-basement prices Peninsula Land & Capital is adding to its Bay Area office holdings with a discounted property in San Jose." The buildings are part of San Jose's larger Gateway Place campus…...
Panattoni, Redwood West acquire Long Beach retail plaza for $50 M
3+ hour, 24+ min ago (272+ words) $20 M investment planned for 395 K sf property An Ohio-based real estate investment trust sold an outdoor retail property in Long Beach to two locally based real estate firms." Redwood West and Panattoni acquired The Pike Outlets at 95 South Pine Avenue…...
Azorim secures financing for final phase of Yonkers complex
3+ hour, 57+ min ago (338+ words) Western Alliance Bank provides loan for 174-unit building An Israel-based development firm is preparing to put the finishing touches on a massive multifamily complex a dozen miles north of Manhattan. Azorim landed $69 million in construction financing from Western Alliance Bank…...
Chicago homes are flying off the market as buyers bid above ask
3+ hour, 57+ min ago (271+ words) Median listing lasted 27 days, with some homes landing contracts in 48 hours as inventory shortages fuel fierce competition Want a good home in Chicagoland? Be prepared to move quicker than you'd probably like and pay a fair bit over the asking…...