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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.

Mountain View just took the rental crown in Silicon Valley, and the price tag is very AI-coded. New luxury one-bedrooms ...
12/30/2025

Mountain View just took the rental crown in Silicon Valley, and the price tag is very AI-coded. New luxury one-bedrooms are leasing around $4,200 a month, topping pre-pandemic highs as AI firms and workers flood Santa Clara County and housing supply stays tight.

The squeeze is playing out in policy, too: the City Council recently rejected Greystar’s bid to extend the timeline on a 299-unit proposal, even as Mountain View is required to plan for 11,135 new homes by 2031.

Read the full story at the link in comments for what’s driving the surge, and what it means for housing, office demand and the next phase of the Bay Area boom.

Opendoor is back in the spotlight, and this time it’s being sold as a sequel. After CEO Carrie Wheeler’s exit helped ign...
12/30/2025

Opendoor is back in the spotlight, and this time it’s being sold as a sequel. After CEO Carrie Wheeler’s exit helped ignite a retail-investor surge that sent the stock soaring, the company is now leaning hard into "Opendoor 2.0."

Enter new CEO Kaz Nejatian, who ditched the corporate cadence for a livestreamed "Earnings and Chill," pledged “founder mode” and pushed an AI-first, move-fast reboot of the iBuyer model — complete with return-to-office, more buying activity and a profitability deadline by the end of the year.

The question, however, hasn't changed: Can tech swagger fix a business model that’s never been reliably profitable?

Homebuyers may finally be thawing out.Contract signings rose in November — the strongest seasonally adjusted pace in nea...
12/30/2025

Homebuyers may finally be thawing out.

Contract signings rose in November — the strongest seasonally adjusted pace in nearly three years — suggesting that slightly easier affordability and a bit more choice on the shelf are pulling shoppers back in. Pending home sales were up 3.3% month over month and 2.6% year over year, with the West leading the rebound.

Lower mortgage rates helped set the stage, and listings are up from a year ago — but prices are still pressing higher, keeping the market’s “recovery” on a short leash.

Read the full story at the link in comments for what’s driving the bounce — and what could derail it next.

A foreclosure fight is heating up in Manhattan's Herald Square. Jeff Sutton is battling German lender Helaba over a stru...
12/30/2025

A foreclosure fight is heating up in Manhattan's Herald Square. Jeff Sutton is battling German lender Helaba over a struggling property on 34th Street after the bank sued, alleging a default tied to millions in unpaid NYC property taxes.

Sutton's team is seeking sanctions and legal fees, arguing his limited guarantee only kicks in for fraud (which he denies) and blaming the property's strain on Covid and tenant bankruptcies.

Read the full story at the link in comments for the filings and what's at stake.

With just days left in office, NYC Mayor Eric Adams’ administration rolled out the Manhattan Plan, a housing playbook ai...
12/29/2025

With just days left in office, NYC Mayor Eric Adams’ administration rolled out the Manhattan Plan, a housing playbook aimed at jump-starting construction in the city’s most supply-constrained borough. The goal: 100,000 new units over the next decade, though the count includes already-approved moves like Midtown South and City of Yes.

The blueprint leans on six core strategies, including upzoning mid-density districts, building near transit and job centers, unlocking government-owned sites, easing approvals and exploring new housing models.

Tap the link in comment to learn what’s in the plan, and what it could actually deliver.

Real estate isn’t just cap rates and comps — it’s a contact sport. And in 2025, the courtroom was the ring.From attorney...
12/29/2025

Real estate isn’t just cap rates and comps — it’s a contact sport. And in 2025, the courtroom was the ring.

From attorney Mark Nussbaum’s escrow scandal to drama with a "Million Dollar Listing" star, a Chicago foreclosure case that intersected with a national immigration raid, Don King’s foreclosure fight, and the year’s main event: Compass v. Zillow over the so-called "Zillow Ban."

The suits are messy, high-stakes — and revealing about how power moves in property really work.

Read the full rundown of the thorniest real estate lawsuits of 2025 at the link in comments.

12/29/2025

Not every deal ends with smiles and handshakes. But most don't end with assault charges. Real estate developer Kent Swig recounted the notorious ice bucket incident, which occurred during negotiations over a 2008 deal for the Sheffield on the Upper West Side, to Amir Korangy in the latest episode of Coffee Talk.

▶️ https://www.youtube.com/watch?v=KY0kiAweQfg&t=2s

Hear the full story, plus more about Swig's famous deals all across New York and more, in the episode at the link above.

Gary Barnett usually lets Extell’s buildings do the talking. Lately, he’s been making a lot of noise, with big moves acr...
12/29/2025

Gary Barnett usually lets Extell’s buildings do the talking. Lately, he’s been making a lot of noise, with big moves across New York City.

Extell just landed NYC’s biggest construction loan of the year: $1.13B to build a 74-story, 1,162-foot tower at 655 Madison Avenue. The firm is also pushing new towers at the former Wellington Hotel site, positioning to potentially take over Worldwide Plaza, and speeding up sales at 50 West 66th Street (now more than 70% sold, including a $46.75M deal).

Next up: a 1,200-foot supertall at the former Disney campus — backed by a $1.2B equity infusion across multiple projects.

Read the full story at the link in comments for the full playbook, the players and what Barnett is betting on next.

12/27/2025

Private islands aren't just for billionaires — not right now, anyway. A number of "budget" island listings are popping up around the world priced under $3 million, putting them in the same conversation as many luxury homes in major markets.

In our new countdown, we break down five island listings where the price tag looks more like a mortgage than a billionaire flex.

📊 This video was powered by TRD Data

A Louis XIV–linked château is up for grabs for the first time in nearly 80 years. The Château de la Bretèche estate near...
12/27/2025

A Louis XIV–linked château is up for grabs for the first time in nearly 80 years. The Château de la Bretèche estate near Versailles, just hit the market for $22.9 million, per The Wall Street Journal.

The résumé is pure old-world flex: 10 bedrooms, a Rococo staircase, outbuildings, tennis court, and a 50-foot pool across 16,000 square feet on on 44 acres — plus a history that runs from royal hunting retreat to WWII occupation. Now the late Belgian baron Alain Guillaume’s family is selling, citing the realities of maintaining a landmark property.

Check out the backstory and the listing details at the link in comments.

Florida may be flirting with the nuclear option for HOA frustration. A newly filed bill would give homeowners a legal pa...
12/27/2025

Florida may be flirting with the nuclear option for HOA frustration. A newly filed bill would give homeowners a legal path to disband their HOAs — starting with a petition signed by 20% of residents, followed by a two-thirds vote to terminate.

The proposal also calls for a special Community Association Court devoted to HOA and condo disputes, aiming to unclog crowded dockets. Attorneys, however, warn dissolving HOAs could get messy fast as questions remains over who would maintains the roads, gates, ponds and roofs.

Read Lidia Dinkova's full story at the link in comments for what’s in the bill, why it’s controversial and what it could mean for Florida’s vast HOA housing market.

Deep in Palm Beach County, out where the suburbs meet the swamp, dirt has turned to gold.⁠⁠The miracle has unfolded behi...
12/26/2025

Deep in Palm Beach County, out where the suburbs meet the swamp, dirt has turned to gold.⁠
⁠
The miracle has unfolded behind the guarded gates of Stone Creek Ranch. Once an overlooked gated enclave near Delray Beach, it’s now landing record deals and A-list buyers — including billionaire Mets owner Steve Cohen, Rockstar Energy founder Russell Weiner and actor Mark Wahlberg, who dropped $32.6 million on a mansion there this fall. ⁠
⁠
Why here? Privacy. Security. No club politics. For today’s ultra-wealthy, the house is the country club, complete with safe rooms, theaters and 12-car garages.⁠
⁠
And as much as this inland compound of megamansions seemed to spring to prominence overnight, its ascendancy was 25 years in the making.⁠
⁠
Read the full story at the link in comments for more on the properties, the players and the “boonies” turned billionaire bunker.

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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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