Rental market trends, pricing, and housing supply updates
🏆 Residential: Surfside once again had the most expensive home sale to hit records. Fort Partners parted with a $64.5 million penthouse at the Seaway at Surf Club North at 9165 Collins Avenue. The buyer was Marinus Limited. Fort Partners, led by Nadim Ashi, has seen a string of eye-popping sales la
Disgraced developer Rishi Kapoor will stay behind bars in downtown Miami’s federal detention facility after a judge denied his request to be released on bond. At a Thursday afternoon hearing, U.S. District Judge K. Michael Moore declined to hear arguments from Kapoor’s legal team to reconsider a rul
A parking lot along the Venice Beach Boardwalk is slated for transformation into a mixed-use residential development.  An affiliate with Mission Investors Corporation of Ventura submitted an application to the Los Angeles Department of City Planning for a new four-story building at 601 South Oc
The World Trade Center in Downtown Los Angeles is in the spotlight as Mayor Karen Bass touts the city’s recently approved adaptive reuse ordinance.  Bass stopped at the office complex at 350 South Figueroa Street as part of her reelection campaign as Jamison Services moves forward with turning
Rick Caruso is teeing off a new chapter in his real estate career with his latest purchase in the Greater Los Angeles area.  The developer and one-time mayoral candidate, through his Caruso company, acquired the 18-hole Sherwood Lake Club in Lake Sherwood, L.A. Material reported. The deal “came
It’s a new brokerage and a new market for Steve Katz. After quietly exiting Beverly Hills-based Hilton & Hyland as managing director earlier this year, Katz has turned up at Syd Leibovitch’s Rodeo Realty to serve as branch manager of the company’s Encino office. It’s a fresh start for Katz, who
Hackman Capital Partners is in more trouble, as the Los Angeles-based studio owner adds another nine-figure default to its roster. Michael Hackman’s company defaulted on a $100 million loan on what once was its Sony Pictures Animation campus located in Culver City, which now faces foreclosure, accor
Marglli Gallego, the ringleader of the massive Hammocks fraud case, pleaded guilty Thursday for her role in the scheme, after maintaining her innocence for nearly four years. Her husband, Jose Gonzalez, also pleaded guilty. Their pleas mark the end of the yearslong Hammocks saga, where state prosecu
The annual Macy’s Flower Show opened last week in Herald Square, transforming the famed department store’s flagship with lush floral art that celebrates America’s gardens. In its 51st year, the event features regional botanicals and large-scale displays designed to highlight the country’
Miami developer Unilog has tapped Re/Max Advance Realty to lead sales for the Hollywood condo project it launched last year. Re/Max, led by CEO Melanie De Armas, is marketing the six-story, 48-unit project slated for 901 South Ocean Drive, according to a news release. Unilog launched sales for the p
The New York Knicks are hosting a free watch party for game six of their first-round NBA playoff series. Fans can venture to Madison Square Garden on Thursday night to watch the game on giant screens outside the world’s most famous arena starting at 5:30 p.m. The team heads into tonight’
The Eichner family’s Continuum Company secured $350 million in financing for their mixed-use district planned in North Bay Village.  The debt, which includes $261 million in construction financing for the first phase and $83 million in predevelopment financing for the second phase, marks the la
Filled with lush interior details, this Park Slope limestone was also home to a Brooklyn borough president. In addition to the moldings, wainscoting, stained glass, and mantels, the single-family house at 577 4th Street has received modern upgrades, including central air. Within the Park Slope Histo
Necessity is the mother of invention, they say. That was certainly true of this exuberant outdoor space, wrapped in towering bamboo and studded with clusters of vibrant pots on a pea gravel surface. It adds up to a secluded spot with a tropical feel, for a client who wanted to… Read More >
South Florida officials are increasingly turning to a controversial tool to combat the region’s housing crisis: giving away public land to private developers at no cost. Examples include former Miami City Commissioner Joe Carollo’s no-bid Little Havana deals last year and a recent move to add
L.A. World Trade Center to be converted to 512 apartments Steven Sharp Thu, 04/30/2026 - 06:15 In the midst of a reelection campaign, Los Angeles Mayor Karen Bass is making the rounds at real estate projects across the region to tout the potential of the recently-approved citywide adaptive reuse rod
Affordable housing slated for 11606 Firestone Blvd. in Norwalk Steven Sharp Thu, 04/30/2026 - 06:05 A presentation recently reviewed by the Norwalk Planning Commission offers a look at a proposal to bring affordable housing to a property east of the Santa Ana Freeway. Model of 11606 Firestone Boulev
Gov. Kathy Hochul tours a new housing development The governor and lawmakers are set to eliminate an environmental review for certain housing projects, though some details remain open. [ more › ]
Mixed-use development pitched for 601 S. Ocean Front Walk in Venice Steven Sharp Thu, 04/30/2026 - 06:00 A surface parking lot fronting Venice Beach is set to give way to a mixed-use residential development, according to an application submitted earlier this month to the Los Angeles Department
In the News Why Can’t Parkland Be Used as a Park? Ask Judges Who Park There [NYT] Music Festival to Take Over Bushwick’s Scott Street Next Month [BP] Stevie Wonder Getting Three-Night All-Star Tribute at BAM [BK Mag] … Read More >The post Daily Links: Cargo Drones Will Fly to Brooklyn appe
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