The Real Deal

06/06/2025

An under-the-radar heir to one of America’s wealthiest — and most controversial — families has picked up a property in Brooklyn Heights. Check out the deal:

Julia Shack Sackler purchased the home at 17 Willow Place, which was listed for $10 million in March 2025.

06/06/2025

Homebuying demand from foreign buyers ticked up in the first quarter, but oh, how Canada is turning its back on the United States amid increased geopolitical tensions.

Demand from foreign buyers increased in the first quarter, though there was a notable retrenchment from Canada.

06/06/2025

Fighting crime and homelessness, San Francisco's new moderate Mayor Daniel Lurie looks to make the city attractive for real estate again.

Fighting crime and homelessness, new moderate Mayor Daniel Lurie looks to make the city attractive for real estate again.

06/05/2025

Billionaire Joe Mansueto is set to personally bankroll a $650 million soccer stadium for the Chicago Fire FC at The 78, Related Midwest’s long-stalled, Gensler-designed megadevelopment in the South Loop.

Go inside the project: https://bit.ly/3Hu8aPA

06/05/2025

RH CEO Gary Friedman’s Beverly Hills pad, nicknamed "The Promontory," has returned to the market for $39.5 million.

The home furnishings exec, who helms the upscale home furnishings retailer formerly called Restoration Hardware, previously tested a nearly $45 million price at the end of 2023 before taking it off the market last summer.

Now its back on the market, with Westside Estate Agency’s Kurt Rappaport holding the listing.

Gary Friedman, CEO of home furnishings retailer Restoration Hardware, is asking $40 million for his Beverly Hills home.

06/05/2025

Zachary Levi, the star of 'Shazam!' and 'Chuck,' is doubling down on his public call for "non-woke movies" with plans for a $100 million film studio campus. In his effort to raise $40 million for the project, the actor is positioning Wyldwood Studios as not just as a creative retreat but a response to what he sees as a broken system.

The setting for his studio enterprise: Bastrop, Texas, the Elon Musk-favored and swiftly-growing exurb about 35 miles east of Austin.

Wyldwood will also help foster "organic, human-made content" in an industry he believes is "crumbling," the actor said in a Variety interview. As more film productions move out of California, projects like Levi's could leverage well-timed political moves — like Texas' recently-approved $2.5 billion in media production incentives and President Trump's pitch to penalize film productions that go overseas with a 100 percent tariff — to help the Lone Star State take its star turn.

Read more at the link.

Actor Zachary Levi’s Wyldwood Studios is set to span 75 acres along the Colorado River, east of Austin.

06/05/2025

Despite two hearings, Nir Meir’s recent judge-ordered return to Rikers Island remains a mystery. And Meir's new attorney, along with the presiding Judge, really do not want the press or the public to know what’s going on.

Explore the latest twist in the case against the embattled exec accused of masterminding an $86 million fraud scheme at the link below.

Former HFZ exec Nir Meir made a new request to be released from Rikers, including a $2 million surety bond.

06/05/2025

Grant Cardone submitted a $230 million stalking horse bid for a Boca Raton distressed multifamily project. Here's what to know:

🏢 Aventura-based Cardone Real Estate Acquisitions is seeking to buy Penn-Florida Companies’ 101 Via Mizner in Boca Raton.

💥 An auction for the 14-story, 366-unit property is set for June 16, with Cardone's entity receiving a $2 million termination fee and an expense reimbursement of $100,000 if outbid.

🤑 Cardone is offering investors a stake in both the real estate purchase — "what is arguably the best location in all of Boca Raton," he told TRD — and 1,000 Bitcoin.

Read more from Francisco Alvarado at the link.

Agents: CBRE team led by Robert Given and Zach Sackley

Grant Cardone submitted a $230 million stalking horse bid for Penn-Florida Companies’ 101 Via Mizner.

06/05/2025

World’s biggest YouTuber MrBeast is developing a Las Vegas soundstage for season two of "Beast Games." The first season of the Prime Video series, filmed at Allegiant Stadium, was marred by a class-action lawsuit filed by contestants alleging a "toxic" work environment, including sexual harassment and lack of adequate food and pay.

MrBeast has secured a warehouse-like building in Las Vegas for season 2 of “Beast Games.”

06/04/2025

Ahead of sentencing for his role in two now-infamous mortgage fraud schemes totaling $165 million, Boruch Drillman says he has a good reason for not filing tax returns.

The 36-year-old Drillman pleaded guilty in 2023 for his role in two now-infamous mortgage fraud schemes totaling $165 million

06/04/2025

Russell Galbut's Crescent Heights has long been a preeminent developer on land. Now the firm turns to the seas with luxury condos available for purchase on the first Crescent Seas Residences ship beginning in 2026.

Explore the project here: https://crescentseas.com/
Watch more from Russell's appearance at our latest here: https://www.youtube.com/watch?v=3N8PK_4hfjg

06/04/2025

Fresh off a $27 million win against the heads of Tides Equities, Barry Sternlicht’s Starwood is going after the only other Sun Belt syndicator to execute a similarly stunning rise and fall: Alan Stalcup.

Starwood slapped Stalcup, head of multifamily firm GVA, with a trio of suits that could leave Stalcup on the hook for over $110 million in personal guarantees.

Fresh off a win against Tides Equities, Barry Sternlicht’s Starwood is pursuing $110 million in personal guarantees.