Realty Today

PALM BEACH, FLORIDA: In this aerial view, former U.S. President Donald Trump's Mar-a-Lago estate Palm Beach County is putting the brakes on a new class of massive data centers as the artificial intelligence infrastructure boom collides with one of South Florida's most valuable resources: developable land with enough electricity, water and distance from homes to accommodate enormous computing facilities.

The downtown Los Angeles skyline is seen behind shipping containers at the LATC-Union Pacific Los Angeles Transportation Center rail yard on February 24, 2026 in Los Angeles, California. One of Los Angeles' most recognizable Brutalist office buildings is moving toward an unlikely second act: becoming housing.

BOSTON, MASSACHUSETTS - MARCH 20: A view of the Prudential Center and the Boston City skyline in Boston, Massachusetts. Wells Fargo has moved to foreclose on 100 Summer St., a 32-story, 1.1 million-square-foot office tower in the heart of downtown Boston, with an auction scheduled for October 20 through Sullivan & Sullivan Auctioneers. Owner Rockpoint Group paid $806 million for the building in 2019, backed by a $470 million Wells Fargo loan.

Manhattan Mini Storage is refinancing a 16-property portfolio spanning roughly 54,000 units and 2.2 million square feet across Manhattan with a $2.1 billion loan from Citi Real Estate Funding and Morgan Stanley Mortgage Capital Holdings, according to a KBRA presale report tied to the deal's securitization. The collateral, which includes 293,000 square feet of commercial and other miscellaneous space, was nearly 87% occupied as of a June rent roll.

People view an AI data center at the SK networks stand during the MWC (Mobile World Congress), the world's biggest mobile fair, in Barcelona on March 3, 2025.

MIAMI, FLORIDA - DECEMBER 04: (L-R) Moishe Mana and Mayor of Miami Francis X. Moishe Mana, downtown Miami's largest landowner, paid $89 million for 110 Tower, a 30-story office building in Fort Lauderdale's Justice District across from the Broward County Courthouse, according to multiple South Florida real estate outlets reporting on property records.

SALT LAKE CITY, UT: Mormon faithful make their way in the rain outside the Salt Lake Mormon Temple The Church of Jesus Christ of Latter-day Saints has sold its meetinghouse at 4001 Island Crest Way on Mercer Island for $7.1 million to 4001 ICW LLC, an affiliate of Mercer Island-based homebuilder LNL Builds, according to the Puget Sound Business Journal. The sale closed September 15 and was recorded with King County on September 21.

JLL has filed to register JLL Property Finance Trust, a new nontraded real estate investment trust dedicated to commercial real estate debt, with the Securities and Exchange Commission, marking the brokerage's second nontraded REIT alongside its existing, equity-focused JLL Income Property Trust.

NEW YORK, NEW YORK - SEPTEMBER 21: New York State Attorney General Letitia James speaks during a press conference regarding legislation on artificial intelligence on September 21, 2026 in New York City. Gov. New York Attorney General Letitia James is trying to keep both a whistleblower and the city's most powerful real estate trade group out of the court record in her office's fight against Peak Capital Advisors, according to The Real Deal's reporting.

MIAMI, FLORIDA - SEPTEMBER 20: General view inside the stadium as a rainbow is seen during the MLS match between Inter Miami CF and San Diego FC at Miami Freedom Park on September 20, 2026 in Miami, Florida. Vendors and subcontractors are pursuing more than $13 million in claimed unpaid work at Miami Freedom Park, the $1 billion mixed-use development anchored by Inter Miami CF's Nu Stadium, according to lawsuits and liens filed against the developer.