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🗞 Real Estate News ✍️ Bringing transparency to one of the world's most important and least understood industries
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Recent posts
Anyone can talk. But in real estate, it's what gets done that matters.
In her November editor's letter, Cara Eisenpress introduces an issue defined by action, ambition and the obstacles that stand between big plans and bigger results.
At the center is Discovery Land Company founder Michael Meldman, whose luxury communities span the globe and whose schedule rarely allows him to stay in one place. As he tells reporter Kate Hinsche, “I don’t think I’ve spent a month anywhere in the last 30 years.”
But not all movement means progress. From the Alexander brothers' sentencing to a Bronx building caught in bureaucratic limbo, the November issue explores what happens when fortunes, reputations and futures hang in the balance.
Elsewhere in the issue:
⚖️ The Alexander brothers' sentencing and the victims who waited years for justice
🏢 A Bronx building's uncertain future in New York City's Third Party Transfer Program
🏛️ What heirs to real estate fortunes can learn in a $850 family business class
🌴 How Isaac Toledano became one of South Florida's most prolific developers
🔑 Pam Liebman's next chapter in the Compass universe
💰 How Adam Modlin became a go-to broker for New York's wealthiest buyers
🏠 Why Manhattan's starter condo is becoming an endangered species
🛍️ Inside the effort to bring luxury retailers to One Beverly Hills
Tap the link in bio to explore the November issue.
02 Nov 2026
New York City appears to be defying the foreclosure troubles sweeping the rest of the country. While residential foreclosures are rising nationwide, filings in the Big Apple fell 23 percent year over year in the third quarter, reaching their lowest level since 2022, according to PropertyShark data examined by TRD Data.
One explanation is that New York's borrower protections give struggling homeowners more time and options to avoid foreclosure. But the city's relative resilience may be masking a more complicated picture.
Early-stage foreclosure warnings climbed 10 percent, suggesting more homeowners could be falling behind. And the downturn isn't universal: Foreclosure filings in the Bronx more than doubled, even as they declined in Queens, Brooklyn and Manhattan.
The question is whether New York's housing market is insulated from the financial pressures facing the rest of the country — or simply taking longer to feel them.
At the link in our bio, we examine what's behind NYC's foreclosure paradox and which boroughs could be most vulnerable.
📊 This post is powered by #TRDData
08 Nov 2026
Could a presidential pardon be in the Alexander brothers' future? The convicted brothers have ties to figures in President Donald Trump's orbit, and reports have raised questions about whether they could seek a pardon.
But is there an actual effort underway, or is it all speculation?
@bySheridanWall, one of the journalists who broke the original allegations against the brothers, joins #TRDWeekly hosts Suzannah Cavanaugh and Eric Brody to separate what's known from what remains unclear.
Get the latest on the case at the link in bio. Subscribe to TRD on YouTube for more exclusive digests of today’s biggest real estate stories.
08 Nov 2026
South Florida's development boom is running into a new obstacle: the people who already live there.
From West Palm Beach to Boca Raton, residents are organizing against major projects, challenging city officials and, in some cases, winning. In Boca, a grassroots movement helped defeat a high-profile redevelopment proposal and secure a development-wary majority on the City Council.
Now, as billionaires like Stephen Ross pour billions into the region, a growing backlash is raising questions about how much growth South Florida can accommodate — and who gets to decide what comes next.
Read more about the residents pushing back against the region's biggest developers, and what their victories could mean for South Florida's real estate boom, at the link in bio.
07 Nov 2026
Two years ago, Michael Liebowitz took over Douglas Elliman at a particularly turbulent moment. The luxury brokerage was grappling with financial losses, the departure of longtime CEO Howard Lorber and an industry reckoning over broker commissions. Competitors wondered whether Elliman would survive as an independent firm. Liebowitz had plans to diversify the business well beyond residential real estate.
Today, his vision looks considerably different. After selling off Elliman's property management arm for $85 million, launching a mortgage platform and expanding internationally, Liebowitz has decided to double down on luxury brokerage. And while competitors pursue mergers and acquisitions, he has little interest in joining them. "The company is not for sale," he says. "I looked at a lot of deals in the last two years. Nothing really ever looked attractive to buy because I thought I was just getting somebody else's problems."
His plans for Elliman's future involve fewer people, more technology and a smaller roster of higher-producing agents. Liebowitz is introducing minimum production requirements and believes the firm could eventually operate with half its current agents while generating significantly more commission volume. He also thinks artificial intelligence could make agents increasingly unnecessary in the lower end of the housing market, though he expects luxury brokers to survive.
For Liebowitz, the upheaval that once threatened Elliman has become an opportunity to remake it. "Reports of our demise were greatly exaggerated," he says. "We're here stronger than ever."
In a wide-ranging interview with @bySheridanWall, Liebowitz discusses his changing strategy, the future of real estate agents and why he's relieved to be sitting out the industry's consolidation wave. Read the full conversation at the link in our bio.
📸 @axeldupeux
07 Nov 2026
Behind every successful event is a little organized chaos… A behind the scenes look at The Real Deal with Events by Levy👀
07 Nov 2026
Even Blackstone couldn’t escape the multifamily market’s reckoning. The investment giant’s $1.3 billion apartment loan has landed in special servicing, underscoring how the fallout from the Sun Belt buying boom has reached even Wall Street’s biggest players.
But does special servicing mean foreclosure is next? Not necessarily. On TRD Weekly, hosts @SuzannahCavanaugh and @E_Brody debate what Blackstone’s troubles reveal about the broader apartment market — and whether institutional investors are any better at navigating a downturn.
Watch the full episode of TRD Weekly on YouTube for more of the week’s biggest real estate stories. Subscribe to The Real Deal so you never miss an episode. Link in bio.
06 Nov 2026
Tony Robbins built an empire around personal transformation. Marc Anthony became one of the best-selling artists of all time. Now, the motivational speaker and Grammy-winning musician are joining hospitality mogul Sam Nazarian in a rather different business: luxury real estate.
The trio is moving forward with a $1 billion-plus pipeline of branded residences and resorts through their venture, the Estate by sbe. The first three developments are planned for Coral Gables, Tampa and El Salvador, combining luxury living with preventative health, longevity services and high-end hospitality.
Their ambitions extend well beyond those three projects. In El Salvador, they're planning a 1,000-acre community with nearly 500 residences, a luxury resort, golf course and superyacht marina. They've also signed 13 additional deals across six countries, with longevity clubs planned for Miami and Los Angeles.
The larger bet is that wellness is becoming more than a luxury amenity. Robbins, who spent five years developing the concept with Nazarian, believes longevity should be integrated into everyday life rather than reserved for the occasional retreat.
"No other luxury brand integrates health and longevity at this depth and we believe we will be the largest longevity ecosystem in the world," Nazarian said.
At the link in our bio, @byKKallergis explores how an unlikely trio is betting more than $1 billion on the future of wellness-driven real estate and where their ambitious developments are taking shape.
06 Nov 2026
The art of the power portrait 📸 Inside the BSH VIP Lounge at #TRDForum, Miami's real estate leaders stepped away from the action and into the spotlight.
Swipe through a selection of portraits by The Real Deal's Creative Director Paul Dilakian (@mcluap). Comment TRD to get a link to the full portrait gallery sent to your DMs.
Special thanks to @BoschHomeUS, @ThermadorHome and @GaggenauOfficial for bringing the space to life.
Pictured: @RichForever, @MoisheMana, @GoldenDina, @MayorDLC, Miki Naftali, @DanielleNaftali, @MayidelaVega, @PauloArtefacto, @DoraPuig, @ShahabKarmelyOfficial, @JuliaYagerSpillman, Isaac Toledano, Nick Pérez, @JudyZeder, Arnaud Karsenti, @JasonHaber, @iamAllieEichner, @RenaPulse, @MarcusSkeggs, @MrKorangy
06 Nov 2026
Designing Desire: a full house at @therealdeal Miami Real Estate Forum
Our CEO and Founder Julian Buckner joined Kobi Karp, Dayssi Olarte de Kanavos and Julia Spillman on the Innovation Stage for a conversation shaping the future of luxury real estate. With not a seat to spare, the room was inspired by a new vision for luxury living.
Behind the scenes, our team designed and curated the spaces, onsite all week helping the event come together.
Thank you to everyone who joined us for an unforgettable forum.
06 Nov 2026
When The Real Deal first broke allegations against the Alexander brothers in June 2024, reporter @byKKallergis had no idea the story would culminate in federal sex trafficking convictions.
Now, following the brothers’ sentencing, some of the women who testified say they can finally breathe again.
On the Deconstruct podcast, Kallergis reflects on the investigation she broke alongside @bySheridanWall and @EKCranley_TRD, the extraordinary trajectory of the case and what the outcome means for survivors.
How did it all unfold? Hear the story behind the story at the link in bio.
06 Nov 2026
For the better part of a year, some of real estate's most powerful executives have been arguing over who gets to control where, when and how homes are listed. The fight has pitted Compass CEO Robert Reffkin against Zillow CEO Jeremy Wacksman, drawn rival brokerages into the fray and spilled into courtrooms across the country.
Reffkin says homeowners deserve more control over how their properties are marketed. Wacksman says keeping listings off major consumer platforms threatens transparency. Both insist they're fighting for consumers. Both also happen to have billions of dollars in business interests riding on the outcome.
And they're hardly the only ones with something to gain — or lose. From Brown Harris Stevens' Bess Freedman to Corcoran's Pam Liebman, some of the industry's biggest names have weighed in, each with their own interpretation of what seller choice and transparency should look like.
At the link in our bio, @bySheridanWall unpacks what six of the industry's most outspoken players have been saying about the listing wars, what they're leaving out and what's really at stake.
06 Nov 2026
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