Housing Remains Wealth Engine Despite High Prices, Low Rates
Re #realestate, both #boomers+#millenials have a point. Yes prices are up there, but at least nobody's dealing w/18%. '#Housing is the wealth engine. Many showed up after the train had left the station' #interestrates. #TheFed #mortgage https://t.co/GdH1lcvhQc via @WSJ https://t.co/gHNQsliXgI
Landslides Profit Politicians, Devastate Homeowners
#Landslides: good for pols, bad for homeowners. Dealing w/no power, windows that won't shut, split floors. Also #WSJ newsletter tackles #Cranston, #Herjavic, #Ozzy. #realestate #CRE #mortgage #CA #IMPei #FEMA #RanchoPalosVerdes https://t.co/Ms51DXCjfr via @WSJ
Out‑of‑State Money Fuels Miami Office Boom
Out-of-state interest whips up the #Miami office market, as come-hither conditions attract the well off. 'It's OK to be rich here, it's OK to be poor here. It's not OK to be rich in #LA or #NY' #SoFla #realestate #CRE...
VA Court Blocks Rezoning, Sparks Digital Gateway Debate
Some folks just not buying notion that #datacenters bring nothing but good, as #VA court voids rezoning pave way for #DigtalGateway. 'Datacenters run amok' #tech #AI #realestate #PrinceWilliamCounty #CRE #industrial #warehouse #NOVA #Blackstone https://t.co/n047DKCnw0
Ares Backs $1.7B Sunbelt Retail REIT Push
Latest bet that #CRE especially in the #Sunbelt is undervalued belongs to #Ares, w/is teeing up #Whitestone #REIT for $1.7B+taking 5MSF of open-air #retail in places like #Phoenix #Austin #DFW #Houston #SanAntonio. #realestate #PE #BofA #WallSt https://t.co/iaUBXCrFQe
Witkoff May Mediate Elliman‑Shvo Brokerage Fee Dispute
Maybe #Witkoff can broker peace btw #Elliman+#Shvo. Shvo's #MandarinOriental units subject of #brokerage suit v dvpr alleging he chintzed out on paying Elliman fees. 1 of a growing # of cases re project. #685Fifth #realestate #CRE #NYC #litigation #condo https://t.co/GfBc7tgI7S
Mayor's First 100 Days Target Bad Landlords, Boost Housing
The #socialmedia mayor. Assessing #MayorMamdani's 1st 100 days. Taking unprecedented aim at bad landlords w/simultaneously pressing for more housing. #NYC #realestate #CRE #multifamily #rentstabilized #affordablehousing #CeaWeaver #SumathyKumar https://t.co/bxRCxDHqF5
SEC Probes Paramount Group’s NYC, San Fran REIT Dealings
#ParamountGroup. Gone but not forgotten by the #SEC. Feds still want to know abt dealings at major #NYC+#SanFran office #REIT. Qs abt exec compensation, use of corp assets, conflicts of interest. #realestate #CRE #mortgage #RithmCapital https://t.co/6742LxP8WR
North Chicago Bidding Wars Lift Prices $60K Above Ask
Insane price wars on N side of #Chicago, as competition pushes prices 6 figures over ask in nabes like #LincolnPark #Lakeview #WickerPark. Avg premium rose $60Gs #realestate #mortgage #https://therealdeal.com/chicago/2026/04/08/chicago-north-side-bidding-wars-push-prices-up/
1928 Honolulu Governor’s Mansion Listed for $22 Million
For any tourist who ever oohed+ahhed over the stately mansions in #Honolulu valley, 1s for sale for #22M. Built arnd 1928 for #HI governor. 'To walk from kitchen to master bdr takes 15 mins' #NuuanuValley #realestate #mortgage #Lihiwai ...
Coastal Homes Vanish as Beach Erodes, Vandalism Escalates
#Nantucket sleighride. Homes slip into sea as beach encroaches. Now a #vandal making matters worse for riches that can afford oceanfront. 'Everyone is mad at us' #realestate #CRE #mortgage #MA #BaxterRoad https://t.co/kjjnqBWGX3 via @WSJ
Silicon Valley's Next Trend: $300 Cofounder Crash Pads
The next big idea in #SiliconValley may be $300 no-frills crash pads like the 1 #Zuckerberg holed up in w/perfecting #Facebook. They call them #cofounderrooms. #SanFran #realestate #BayArea #multifamily #tech #mortgage #dorms https://t.co/fyROnuYp9V
Data Center Boom Hits Wall of Community Backlash
Alarms are sounding that #datacenter dvprs need to be more prepared for backlash from pols+people. W/$1.7T (w/a T) in the pipeline. 25 projects w/called off after communities protested. #NIMBY #realestate #CRE #industrial #logistics #AOC #Bernie #VA #CA https://t.co/R2wyGSAIBu
NY Makes Homeownership Exotic While Others Promote Buying
Why is #homeownership an 'exotic topic' in #NY? In other states electeds encourage buying. #realestate #CRE #NYC #multifamily #mortgage #MayorMamdani #MayorAdams https://t.co/gVlqkREaGm
Congress Targets Investor Buying Spree in SF Homes
Moves afoot in #Congress to tie hands of investors trying to buy into the SFHomes market. 'People live in homes, not corps.' #realestate #CRE #interestrates #mortgage #Trump #House #USsenate #SenWarren #SenScott https://t.co/8vITkoRGl1
Bad Actors Target NYC Rent-Stabilized Units Amid Mayor's Crackdown
Engquist: Are bad guys picking up #rentstabilized units in #NYC for a 'last milking?' Is #MayorMamdani playing into their hands, even as he cracks down on neglectful landlords? #realestate #CRE #NYC #multifamily #mortgage #JamieLeFrak https://t.co/2SmnlaGPby
Flatiron Building's First Luxury Condo Listed at $58.5M
It's a new day at the #FlatironBuilding, as handsome 20th century #landmark begins its new life as lux #condos. 1st unit goes, entire 21st floor, w/had a $58.5M ask. #OlshanReport #NYC #FlatironDistrict #realestate #CRE #23skiddoo #mortgage https://t.co/oqZffAFrR3
Emma Watson’s Boyfriend Pays Record $370/Sf for 9 West Top Floor
#Hermione's 57thSt connect: #EmmaWatson's boyfriend revealed as mystery tenant who paid a record $370/sf for a top floor at #9West. #Mexican #GonzaloBailleres took down 5,063 ft on Floor 50 for 10 years. #HBeyond #realestate #CRE #NYC #mortgage #Soloviev https://t.co/1MBA9MRTnR
RXR Plans 95‑Story Tower Adjacent to Grand Central
Supersizing it near #GrandCentral, as #Rechler's #RXR files for 95 story tower on #GrandHyatt site next door. Not to mention the bike storage. 'Next step in advancing a transformative project' #NYC #42ndStreet #realestate #CRE #hotel #Commodore https://t.co/k0o2WBVVVW
Homeowners Ditch All‑White Interiors for Bold Designs
Bland is out in #realestate, as homeowners gain traction acx the country w/bold prints+showstopper embellishments. 'Going away from white countertops, white kitchens, white flooring+white walls' #mortgage https://t.co/6Z6PNS6oxV via @WSJ
50‑Year‑Old 9 West 57th Commands Record
50+ yrs after it w/built, #9West57th still rakin' it in. Some int'l family firm, whose name w/bc known soon enough, pays record $327/sf to look down on #CentralPark. 'The price speaks for itself' #realestate #CRE #NYC #Soloviev #CBRE #mortgage ...
NYC Multifamily Market Threatened by Overwhelming Regulations
Engquist: Is #NYC #realestate facing 'death by 1000 cuts?' There's a pile of regulatory mandates that may be taking a toll, particularly in #multifamily. #CRE #affordablehousing #rentstabilized #LocalLaw152 https://t.co/tXIsYHkWVe
Job Gains Surge 178K, Unemployment Holds at 4.3%
Dude can use some good news: Job creation spiked up 178K w/#unemployment held steady at 4.3%. Get ready for a #Trump victory dance. #realestate #CRE #economy #interestrates #mortgage #TheFed #finance https://t.co/PZiEZSvGF9
Large Warehouse Leases Surge 31% as Data Centers Drive Demand
High time for storage. Demand for biggest #warehouses rebounds, w/146 leases of 500KSF bldgs+ in 25. That's up 31%+. '#Datacenter construction is starting to be a demand driver.' #realestate #CRE #industrial #logistics #Cushman #Savills https://t.co/qPqh4r1J17 via @WSJ https://t.co/6eV5DXeJBR
Cold‑Storage Hits 20‑Year High Amid Looming Industry Challenges
The reason nature abhors a vacuum is cuz it's chilly. 20-yr high hit in #coldstorage, as bldg boom, rising costs+weak demand take their toll. 'The industry is g/to have a tough couple of years.' #realestate #CRE #industrial #logistics #mortgage https://t.co/30UETCwZhR...
St. John’s to Sell SI Campus to Wagner for $30M
1st they resigned #Pitino. Now #StJohns is selling its #SI campus. In serious talks to sell its scenic satellite to nearby #Wagner for $30M. 'They have an agreement+they're working twd a closing' #NYC #realestate #CRE #Queens #GrymesHill #VitoFossella https://t.co/bjWpnMi7Ne
Innovo’s Andrew Chung Joins Extell
Is the C-suite at #Extell big enough for #Barnett AND #Innovo's #AndrewChung? Chung, w/toes in #industrial #lifescience, partners w/#NYC's most ubiquitous #multifamily builder as co-CEO. #realestate #CRE #mortgage #IPG https://t.co/bgX66rlftX
Mayor Bowser Champions Pro‑Growth, Affordable Housing Partnerships
When #MayorBowser goes, w/#realestate alliance go w/her? Bisnow's exit interview w/#DC mayor, who got the #Commanders back+backed #affordable housing. 'I'm a pro-growth mayor' #realestate #CRE #TheWharf #JaneeseLewisGeorge #KenyanMcDuffie #DSA https://t.co/ePVmclbY1X
Charles Cohen Faces $187M Foreclosure at 222E59
Latest thorn in #CharlesCohen's side: #foreclosure at 222E59. Personally owes $187M to #Fortress. A billionaire #realestate mogul bleeding bucks. #750Lex #NYC #realestate #CRE #mortgage #USBank #groundlease #Vornado https://t.co/IlXXCc7keq
NYC Office-to-Residential Conversions Drive Sky‑high Rents
Prepare to pay up in #NYC for apts converted from offices: Studios+1bdrs w/cost $3,500-5,500/mo, Larger or great spots well past $6,000. #Conversions cost a fortune: reconfiguring floorplates designed for cubicles, putting in plumbing. #multifamily #CRE https://t.co/norND10307
Clarke Acquires Ravelin REIT for $1.1B, Adds
#Canadian bacon saved as #Clarke, a co that operates ferries on the #StLawrence buys out struggling #REIT #Ravelin in deal that values REIT at $1.1B+adds 6.3MSF NA+#European offices to Clarke's portfolio. #realestate #CRE #mortgage #TSE https://t.co/O403vkrbXu
US Office Vacancy Drops Slightly, Sunbelt Leads Recovery
A glimmer of hope for offices. US vacancy falls 2 % points Though 17.6% vacancy shows there's still a long way to go. #Tech-heavy metros like #Seattle #Austin #SanFran still struggle w/#Sunbelt leads way w/12.8% #realestate #CRE #pandemic #NYC #DC...
Office-to-Residential Conversions Surge 28% as Loans Mature
Still plenty in the office>resi #conversion pipeline. Study by #RentCafe shows 90K+ in the process in early 26, up 28% from last year. 13d of office loans coming due drives the trend. #realestate #CRE #multifamily #YardiMatrix #mortgage https://t.co/gzewkNTvQh
Titanic Heir’s Raritan Estate Hits $10M Listing
A stately estate near #NJ's #Raritan bayfront built by son of #Macys heirs Isidor+Ida Strauss, who died in the #Titanic disaster, lists for $10M. #HerbertNStrauss #Middletown #realestate #mortgage #JamesMcConnell https://t.co/rMnRQ7T2St via @WSJ
GSA Sells L'Enfant Plaza Office for $24M
L'Enfant housing. Sprawling #LEnfantPlaza office that 1x housed many agencies sold vacant for a mere $24M by #GSA to #multifamily developer. Gov out to shed props in move to make itself lighter. #realestate #CRE #DC #Dalian #Trump #LibertyLoan https://t.co/vWQVaN6nxX via...
Mortgage Help Searches Hit 2008 Highs, Defaults Stay Low
Like rubbing a magic lamp, folks flock to #Google for help w/their #mortgage. Searches 'help w/mortgage' surge past 08 #GFC high. Though delinquency+#foreclosure activity remain low. #realestate #CRE #interestrates #tax #insurance https://t.co/AhoET2F9v7 https://t.co/vu2NMxs7ev
Penalizing Density Rewards Developers, Highlighting Policy Paradox
Engquist: 1 man's penalty is another's reward. How #realestate+pols see the world differently. Biz folks see economics, pols see consequences. 'They've done the exact opposite by penalizing density' #realestate #CRE #multifamily #NYC #485x #unions https://t.co/fYGiKUe7PA
Fifth Ave Condo Conversion Files Chapter 11, Project Paused
Slaughter on #FifthAve. #Vinoly-designed #condo conversion by #TopRock+#RJ at ex-office/#retail bldg at #609Fifth enters #Chapter11 #bankruptcy, avoiding #foreclosure sale. Project on hold. #realestate #NYC #ValleyNational #mezzdebt #mortgage $SLG https://t.co/CWDBhXObE7
Bozzuto Group Poised for New Deals with 22K Units
Someone else w/manage #SecurityProperties's abt 22K units so it c/seek new deals. That someone w/be #BozzutoGroup. #realestate #CRE #multifamily #Seattle #MD #WA https://t.co/ixn5Acko9D via @PSBJ
Meta Secures 697 Fifth Avenue Flagship, Boosts Vornado
Big #tech discovers #5thAve. $META takes entire 15KSF townhouse at hi-rent 697Fifth, next to the #StRegis as its 1st permanent #NYC flagship+making owner #Vornado's day. #realestate #CRE #REIT #Facebook #virtualreality #retail #FarleyBuilding $VNO https://t.co/sYcy85cb1c
NYC Small Landlords Forced to Sell Amid Rent Freeze
Small #NYC landlords looking at extinction? #MayorMamdani's #rentfreeze+higher prop #tax pushes Natalia, a 2-generation owner, into selling. 'Reviewing the numbers, it's not getting better' #realestate #CRE #multifamily https://t.co/MGxq2CV4jn via @WSJ
A‑List Pulls Investors Into San Vincente Club Sale
Yet another reason why it's good to be on the A-list. #SanVincente looking at a partial sale of its celeb-filled clubs in #NYC+#LA, testing investor appetite for booming scene. #realestate #CRE #retail #GoldmanSachs #JeffKlein #hotel #Ohana https://t.co/mPfp5WN48k via @WSJ
Luxury 48th‑Floor Boston Condo Listed at $5.31M
If you don't mind choo-choos in your basement, here's a #Boston #condo w/a $5.31M ask for you. 48th floor over #SouthStation. Wide-angle views of #BostonHarbor+city skyline. 70% of the tower is commercial. #RitzCarlton #realestate #mortgage #masstransit https://t.co/zUUGVlzrHb
Fitness and Spa Spaces Replace Retail in U.S. Real Estate
American materialism h/evolved: Now being good to your body ie via gyms+spas takes precedence over buying stuff. Service tenants outleased those oriented toward selling things. #retail #realestate #CRE #CoStar #fitness #salons https://t.co/L07bwds33i via @WSJ
NYC Luxury Deals Jump 24% Despite Mayor's Push
No #MayorMamdani effect in #NYC's lux housing as contracts on $4M+ #realestate rose 24%, study finds. 'If they didn't want it, they wouldn't buy it. They h/many options' #CRE #mortgage #Urbandigs https://t.co/sA4pga3KIQ
Reno Attracts Californians Fleeing Sky‑High Housing Costs
This is your #Reno divorce. USA's "Biggest Little City" reinvents self as landing pad for #CA folk fleeing its punishing #realestate costs. Nearly 43% of https://t.co/znHzv7tFly's views from Cal people checking out Reno listings. #gaming #mortgage #NV #tax https://t.co/YQQyepFBwX
Tech Tenants
#Optiver is 115KSK today in #MidtownSouth but what w/it be in 5 years? 2x that? 3x that? More? Less? $BXP bets big at 450KSF #360PAS on growing #tech tenants. Underlining pull of #MadisonSquarePark to brand-conscious occupants. #NYC #realestate #CRE #REIT...
Judge Says Powell Subpoena Is Harassment Pretext
Is the #Powell probe a pretext to pressure #TheFed chair? Judge quashes subpoena saying #Trump just wants his way. 'There is abundant evidence the dominant (or sole) purpose is to harass+pressure' #interestrates #realestate #CRE #mortgage #POTUS https://t.co/16agP7L9M2
Bipartisan Housing Bill Passes Senate, House Remains Skeptical
Taking aim at #affordability: Bipartisan #Warren-#Scott bill aimed at speeding delivery of housing clears #USSenate. But #House has its own ideas. #realestate #CRE #multifamily #manufacturedhomes #Trump #POTUS #Dems #GOP #mortgage #NHC #SFrentals https://t.co/QKytaGiSA3
Manhattan Apartment Supply Declines Two Years Straight
A sobering trend: #Manhattan apt inventory dropped every month for 2 years running. Building boom fails to stem tide of rising demand. 'Construction expanding but it's been uneven by boro' #NYC #realestate #CRE #multifamily #condo #mortgage https://t.co/a0FkHCJC3x
