The race for Chicago's new mayor is heating up, and the candidate squared off last night in what was the final televised debate ahead of the election. The industry thinks Brandon Johnson will make it easier to develop compared to Pola Vallis who wants to bump real estate transfer taxes or fight for more regulations. And we found out that Newmark is going to be marketing signatures loans for sale,. Is there any news there? So nothing new there, but stay tuned for that.
We all know the story: wealthy buyers flocked to pour money into homes in South Florida. But is the demand still there, given rising interest rates? The Real Deal's Deconstruct chats with TRD's residential bureau chief Katherine Kallergis about how the market has softened, but some are plowing ahead with exorbitant buys. Plus, Deconstruct chats about the Flatiron building, Chicago's upcoming election, Blackstone's multifamily loans and First Republic's balance sheet.
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Credits: CBS News