The Real Deal

11/12/2025

Palm Beach's priciest listing this season is a $205 million house with Gucci pedigree. The oceanfront estate at 1491 N Ocean Blvd just hit the market, listed with star agent Christian Angle. The 4.8-acre spread was once owned by late fashion magnate Aldo Gucci, son of the fashion house founder Guccio Gucci, and was the longtime winter home of the late Frank and Maureen Wilkens, who bought the property for $14 million in 2002.⁠
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If it trades near ask, it could beat the island's $170 million record from 2023, though would fall short of the state's $225 million record set by the billionaire DeGroote family in Naples earlier this year.⁠
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Join Kate Hinsche inside the listing: https://bit.ly/4hXq0Zl
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📸 Credit: Christian Angle Real Estate and Daniel Petroni Photography

11/12/2025

The judge in the federal case against the Alexander brothers said the s*x trafficking charges against the brothers will proceed at trial in January.

Sheridan Wall breaks down the decision at the link.

Federal judge Valerie Caproni of the Southern District of New York said the Alexander brothers will face s*x trafficking charges at trial

11/12/2025

Luxury fashion brand Chrome Hearts purchased a small Malibu hotel called the Surfrider for $37.5 million, notching one of California’s priciest per-key deals ever and the priciest all year. Watch as we break down the deal.

🗞️ Keep following the deal: https://bit.ly/47RWBeJ

11/12/2025

In 2025, the lender with the biggest median NYC mortgage wasn’t the one writing the most paper.

Finance of America Reverse posted a median around $1.4 million on just 87 deals and roughly $162 million in volume, while JPMorgan Chase dominated by volume with approximately $1.6 billion across 1,545 loans but ranked 11th by median at just under $570,000.

Taken together, the top 22 lenders originated $8.2 billion over 12,322 mortgages, with a median near $594,000, and the priciest single residential loan hit $108.3 million for a three-family in the Bronx.

See who climbed, who slipped and what it signals for 2026 at the link below.

11/12/2025

Fox is charging ahead with its $1.5 billion "Fox Future" redevelopment in Century City. The company just moved to carve its historic 53-acre studio lot into two pieces, spinning off a 2.7-acre parcel on Avenue of the Stars for a new office tower.

The plan: 2M+ square feet of new soundstages, production space, offices and parking while demolishing about 465K square feet of existing buildings. The project is still early, winding through L.A.’s approval and CEQA review.

All this as the lot’s anchor tenant, Walt Disney, is expected to vacate by year’s end, after its 2019 deal for Fox’s film and TV assets (minus the dirt).

Read the full breakdown at the link.

11/12/2025

Miami is now in "the highest echelons of real estate," says Sam Nazarian. But what does the city's next chapter hold? On stage at , the hospitality mogul and sbe founder declared Miami is *the* destination for global money — but warns its own growing pains could choke the boom.

⭐ Watch more with Sam Nazarian: https://www.youtube.com/watch?v=tQkH0gc3p_4&t=138s

From New York’s new mayor to what most entrepreneurs do wrong, Nazarian breaks it all down for TRD editor-in-chief Stuart Elliott.

11/12/2025

A cosmetic surgeon known for sculpting bodies is now looking to carve out a record-breaking deal on Miami’s most exclusive island.

Dr. Aaron Rollins — founder of the AirSculpt body contouring brand — and his wife, Marine Rollins, a Miami Global Realty agent, have listed their under-construction Indian Creek estate for $200 million.

Located at 7 Indian Creek Island Road, the 1.8-acre waterfront compound is being designed by Ferris Rafauli and spans nearly 28,000 square feet. Plans call for nine bedrooms, 11 bathrooms, a jazz lounge, theater, library, salon, spa and a 1,500-gallon aquarium — plus a 135-foot dock and 200 feet of bay frontage.

See the full details in the comments section below.

11/11/2025

The house where Donald Trump spent his earliest years just got a $500K makeover — and a premium price tag to match.

The Tudor-style Queens home, built in 1940 by Fred Trump, is back on the market for $2.3 million. Developer Tommy Lin bought the long-neglected property for $835,000 earlier this year and undertook a full gut renovation to rebuild the 2,500-square-foot interior with smart-home tech and luxury finishes.

Go inside the listing at the link below.

11/11/2025

Miami-based Gatsby Florida is betting big on New York’s office exodus, and on Palm Beach Gardens as its landing pad.

The firm just unveiled The Modern at Palm Beach Gardens, a 220,000-square-foot mixed-use project with 199,000 square feet of office plus retail and restaurant space.
About 25% of the offices are already pre-leased, and Gatsby is openly courting New York firms reacting to the city’s shifting political climate. Tenants can expect a rooftop patio and bar, fitness center and a new slate of dining options, with delivery slated for 2027.

Dive into the full plans at the link below.

11/11/2025

LA’s housing market just got slightly less brutal, but only slightly. In Greater Los Angeles, 16% of households could afford the $837,060 median-priced home in Q3, up from 14% last quarter and 15% a year ago. Statewide, prices for existing single-family homes dipped 2% quarter-over-quarter but are still up year-over-year, as easing mortgage rates pull more buyers back into the hunt.

So who’s actually able to buy, how do different Golden State counties stack up, and why is California still so far behind the rest of the country on affordability?
Get the full breakdown at the link below.

11/11/2025

Real Brokerage has quietly ended its legal battle with former CFO Michelle Ressler, who accused the firm of discrimination after returning from maternity leave. She’s agreed to reimburse the company for personal charges flagged in a $17K expense audit — and Real isn’t paying her a dime, according to the firm.

Want the full story on how this fight started and why it ended this way?

👉 Check out the link in the comments.

11/11/2025

Google is quietly planning a major AI data center on Australia’s remote Christmas Island — a tiny outpost in a prime spot for watching Chinese naval activity.

The move follows a cloud deal with the country’s Department of Defense and raising the island’s profile in Indo-Pacific security and data infrastructure.

Dive into the full story at the link.