The Real Deal

The Real Deal Real Estate News
Bringing transparency to one of the most important and least understood industry

The Real Deal is the premier real-estate news outlet in the US, reaching millions of professionals daily through digital, print, social media and events. Readers turn to us for breaking news, market intelligence, custom research, proprietary rankings, deal analysis, profiles, trends and much more. We have received more than 50 awards for editorial excellence over the past 5 years, including the General Excellence award from the Society of Business Writers and Editors.

10/25/2025

While other key U.S. markets cooled, Miami proved it still has the heat. The top 20 brokerages in Miami-Dade County closed nearly $19 billion in on-market sales over the past year, according to our latest ranking.

Our TRD Data team crunched the numbers to determine the top firms in Magic City's resi market. Watch to learn which brokerages came out on top, access the full rankings of Miami's top firms, teams, and agents here: https://bit.ly/3Woaegh

🏆 Miami’s top brokerages:
🥇 Compass Florida | $3.74B
🥈 Douglas Elliman | $2.93B
🥉 Coldwell Banker Realty | $2.66B
4️⃣ One Sotheby’s International Realty | $2.42B
5️⃣ BHHS EWM Realty | $1.66B

✨ Meet Miami’s top rainmakers in person at , Nov. 5–6 at Mana Wynwood. Secure your spot: https://bit.ly/47byF6Q

10/25/2025

What do May 2020, August 2012, and today’s housing market have in common?
The answer: a lackluster Housing Market Index of 37.

The latest monthly index from the National Association of Home Builders (NAHB) and Wells Fargo rose five points from September, offering a brief reprieve after months in the low 30s. Still, it’s six points lower than a year ago and remains well below the 50-point mark that signals optimism among builders.

Builder confidence today mirrors levels seen during the sharp downturn amid the onset of Covid-19 and the post–Great Recession recovery, as high mortgage rates keep buyers on the sidelines. After three years of bouncing between the low 30s and mid-50s, the index reflects a market caught between affordability challenges and stalled demand.

NAHB's chief economist called October’s uptick a “positive signal for 2026,” but most builders say confidence won’t return until borrowing costs ease.

📊 What the index tells us about where housing is headed — read our breakdown here: https://bit.ly/42ZF6HL

10/24/2025

Miami’s market is moving fast — can you keep up? Get the insights, data and connections that actually make sense of it all at The Real Deal’s Miami Real Estate Forum, happening Nov. 5–6 at Mana Wynwood.

🎟️ https://bit.ly/47i4Bqp

Two days. Packed programming. Powerful networking. 💥
Watch for a preview of the conversations shaping South Florida real estate.

Chicago Fire FC is moving into a building owned by its billionaire boss — and planning a new home on the field, too.The ...
10/24/2025

Chicago Fire FC is moving into a building owned by its billionaire boss — and planning a new home on the field, too.

The MLS club is relocating its headquarters to the Wrigley Building, owned by Morningstar founder Joe Mansueto, cutting its office space nearly in half from 52,000 to 29,000 square feet.

The move boosts the landmark tower’s occupancy to about 90 percent and keeps the Fire downtown as it prepares for a $750 million, 22,000-seat stadium at The 78 megadevelopment — paving the way to leave Soldier Field by 2028.

Read the full story in the comments.👇

In Toronto, are backyards are the new condo towers?Two years after the city loosened zoning to allow homeowners build up...
10/24/2025

In Toronto, are backyards are the new condo towers?

Two years after the city loosened zoning to allow homeowners build up to four units per lot, it’s garden suites — not fourplexes — that are taking off.

Builders say interest in backyard units has jumped tenfold since the 2023 reforms, thanks to easier permits, smaller footprints and faster returns.

Full story in the comments 👇

Another AI player is scaling up in the Bay Area. Machine learning firm Moloco is moving its headquarters to Menlo Park, ...
10/24/2025

Another AI player is scaling up in the Bay Area. Machine learning firm Moloco is moving its headquarters to Menlo Park, taking over nearly 60,000 square feet of former Meta offices that include a wellness center, gym, walking trails, 76 conference rooms and space for 400 desks to support its expanding team.

It's one of the region’s largest office leases this quarter as AI firms continue to fuel demand.

Explore the AI land grab at the link in the comments 👇

One of Hudson Yards’ last big development opportunities is on the market. Sources told TRD that Sherwood Equities is see...
10/24/2025

One of Hudson Yards’ last big development opportunities is on the market. Sources told TRD that Sherwood Equities is seeking $100M+ for its 10th Avenue site, where plans are already approved for a 42-story, 233-unit tower.

The West Side developer assembled the site decades ago, betting on rezoning — and now, it’s cashing in.

Is this the last big West Side deal, or a risky bet in today’s market?

Read the full story below.

"Home Improvement" star Patricia Richardson is parting ways with her Brentwood home after nearly three decades, listing ...
10/24/2025

"Home Improvement" star Patricia Richardson is parting ways with her Brentwood home after nearly three decades, listing the property for just under $10 million.

The East Coast traditional estate includes mature redwoods, a pool, spa and three private trails. Over the years, it’s hosted family weddings and even SAG-AFTRA events.

The listing comes as Brentwood’s housing market has surged this year, with single-family sales up 37 percent, driven by new commercial development and displacement from nearby fires.

Go inside the listing at the link below.

EmblemHealth is subleasing 57,000 square feet in Manhattan's Financial District to Verra Mobility, which will use the sp...
10/24/2025

EmblemHealth is subleasing 57,000 square feet in Manhattan's Financial District to Verra Mobility, which will use the space for its new Northeast headquarters.

The health insurer renewed 440,000 square feet at the property in 2019 — just before the pandemic reshaped how companies think about office space. The move reflects a broader trend of tenants right-sizing long-term leases in a flexible work era.

💬 Are long-term office commitments too risky in today’s market? Share your take below. 👇

10/24/2025

The White House East Wing has been torn down. President Trump says it’s making way for a $300 million, 900-person ballroom, funded entirely by himself and friends. But the contractor’s vanished online, preservationists say history’s being erased and critics say transparency is missing.

What’s really being built? Watch the full breakdown.

🗞️ Keep reading here: https://bit.ly/4obAMxy

Miami’s mayoral race is turning into a real estate money showdown. Six candidates are vying to replace Mayor Francis Sua...
10/23/2025

Miami’s mayoral race is turning into a real estate money showdown.

Six candidates are vying to replace Mayor Francis Suarez, and developers, investors and land-use attorneys are spreading their donations across the crowded field.

Two contenders are leading the pack in real estate backing: Alex Diaz de la Portilla received $100K from David and Leila Centner, while Joe Carollo pulled in $245K combined from JDS Development’s Michael Stern and developer Nuri Dorra — despite facing a $63M federal judgment for allegedly targeting backers who supported his political opponent.

👇 Check out the full rundown below.

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The Real Deal | Award-Winning Real Estate News

The Real Deal has become mandatory reading for everyone in the industry. Since 2003, TRD has provided up-to-the-minute industry news and in-depth reports and profiles in our 65,000-circulation monthly magazine and on TheRealDeal.com, which receives more than 2 million unique visitors per month. Our content is available across multiple platforms, including a mobile app available to iPhone, iPad and Android users alike.

The Real Deal has been repeatedly recognized for its prowess in real estate media, receiving the Society of American Business Editors and Writers’ 2013 award for general excellence. In 2016, TRD won a record 12 awards from the National Association of Real Estate Editors, including the gold for best residential trade magazine and a silver award for best commercial trade magazine.

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