Today's Real Estate Investing Pulse
Housing market steadies as sellers adjust prices and buyers return
May’s housing report shows median list prices slipping 2.4% year‑over‑year to $429,500, the sharpest decline since 2017. Pending sales rose 4.3% YoY, extending a six‑month growth streak, while new listings jumped 8.6% in the Northeast and 4.7% in the Midwest but stalled in the South.
Also developing:
Mizuho’s Vikram Malhotra Sees Logistics Real Estate in Early Stages of New Upcycle
Vikram Malhotra, Managing Director of REIT Estate Equities at Mizuho, explains that the logistics and industrial real‑estate sector is entering a new upcycle, driven by strong demand for large‑box warehouses from retailers like Walmart and Amazon, as well as emerging data‑center related leasing. While geopolitical tensions and higher oil prices have caused some lease‑closing delays, overall demand remains robust, especially in the Sunbelt, Midwest, and East Coast, with supply still lagging behind absorption. He highlights evolving warehouse designs—smaller last‑mile facilities, larger reshoring‑focused sites, and increased automation powered by AI—making power access a critical differentiator. Finally, Malhotra warns that vacancy must fall from about 7.5% to near 6% before rent growth accelerates, but AI‑driven e‑commerce could further amplify the upcycle.
Original Atlanta Department Store’s Rebirth as Apartments Has Arrived
Historic 85 Peachtree Street, Atlanta’s original department store, is being transformed into 26 loft‑style apartments after a $25 million renovation. The building, bought for $3.3 million in foreclosure, will open this summer with studios to two‑bedroom units ranging from 650 to 1,100 sq ft....
U.S. Commercial Property Prices Slip 0.1% in April, Still 3.1% Above Year‑Over‑Year
U.S. commercial property values fell 0.1% in April, marking the first decline of 2026, but the Green Street Commercial Property Price Index stays 3.1% above its level a year earlier. The modest drop comes as Treasury yields climb and investors...
Mashvisor Brings Live U.S. Rental Data to ChatGPT, Enabling Real‑Time Investment Analysis
Mashvisor has launched a ChatGPT app that delivers live rental‑investment data for more than 2 million U.S. properties to the AI platform’s 800 million weekly users. The integration lets investors, agents and analysts pull cap rates, Airbnb occupancy and cash‑flow projections without...
New-Construction Insights: Urban New Builds Are Scarce and Expensive
New‑construction median listing price held steady at $449,373 in Q1 2026, while existing‑home prices slipped 0.9% to $390,550, pushing the national new‑construction premium to 15.1%. Builders reduced new‑home prices more frequently than resales, yet days on market remained unchanged, underscoring a...
April 2026 Hottest Housing Markets
Springfield, Massachusetts reclaimed the top spot in Realtor.com’s April 2026 hottest‑housing‑market ranking, marking its second consecutive month at number one. The top‑20 list is dominated by the Northeast (16 metros) and the Midwest (5 metros), with median days on market...
Bank Fights Fed to Offer Cash Guarantee Mortgages
Canandaigua National Corp., a New York bank, is challenging a Federal Reserve Board denial of its cash‑guarantee mortgage program in the 2nd U.S. Circuit Court of Appeals. The proposed scheme would have the bank purchase a seller’s home when a...
Fannie Mae's Portfolio Surge Is the Biggest in over a Decade
Fannie Mae’s retained portfolio surged to $168.74 billion in March, marking the largest monthly increase since 2009 and the highest level since the Great Financial Crisis. The $18.3 billion jump lifted combined GSE retained assets to $308.5 billion, a peak not seen since early 2021....
The Best Markets for First-Time Home Buyers
Zillow’s February analysis of the 50 largest U.S. metros identifies Jacksonville, Florida as the most affordable market for first‑time homebuyers, where median mortgage payments ($1,680) nearly match typical rents ($1,672). The ranking combines rent‑to‑income ratios, the share of homes affordable...
Las Vegas Housing Market Cools Further in April
The Las Vegas housing market continued its post‑boom moderation in April 2026, with median single‑family home prices slipping 1.3% to $473,875 and condo‑townhome values falling 4.2% to $290,000. Transaction volume softened, as 2,643 properties changed hands, while inventory rose 7.7%...
Workspace Explores Sale of Flagship London Asset Amid Saba Pressure
Workspace Group, the London‑listed flexible‑office provider, is weighing a sale of its flagship Salisbury House asset for roughly £125 million (about $170 million). The disposal would form part of a broader £200 million ($272 million) asset‑sale programme aimed at shoring up the balance sheet....
UK Property Fund Outflows Narrow Sharply as Buy Orders Surge in April
UK property fund outflows narrowed sharply in April as buy orders surged, according to Calastone data. The reversal follows a period of heavy redemptions driven by asset repricing and weaker yields. Stronger income yields and improved pricing have rekindled investor...
How to Buy a Hotel (Without Being Rich)
Hotel entrepreneur Davonne Reaves, who has overseen more than $1 billion in hotel assets, explains how aspiring investors can acquire hotels without vast personal wealth. She details her own $8.3 million acquisition during the pandemic, the mechanics of the capital stack, and...
Austin CBD & East Austin Flooded with 2.5‑3.5k SF Offices
I have only done a handful of ATX office deals, but I found this hard to believe, so I did a quick CoStar run. There are 40+ Class A and B office buildings in the Austin CBD alone currently marketing suites...
Mid‑June 2025 Housing Shift: Demand Drops, Pending Sales Surge
It strikes again now on the other side. You can't go from one chart showing the lowest demand ever to pending home sales jumping this much on the other one. The housing market shifted in mid-June 2025, but... Context is...
Australian Farmland Values Record 12th Year of Unbroken Growth
Australian farmland hit a new record median price of $10,516 AUD per hectare (≈$6,940 USD) in 2025, a 2.8% rise and the 12th straight year of growth. The market cooled, posting its slowest annual increase in the streak as buyers became more...
Redeveloping Opportunity: How Adaptive Reuse Is Reshaping Commercial Real Estate in Darien, Norwalk and Stamford, CT
Adaptive reuse is reshaping commercial real estate in Fairfield County, Connecticut, as developers convert outdated office, retail and single‑use buildings into industrial, warehouse and mixed‑use assets. V20 Group, led by Joe Vaccaro, has completed more than 20 projects, including a...
Landlords Pay Almost $7 Billion a Year More in Tax than Home Owners, Pushing Rents Higher
Analysis of Australian tax data shows landlords have paid about A$6.9 billion (≈US$4.5 billion) more each year than owner‑occupiers over the past decade, totaling roughly A$69 billion (≈US$45 billion). The excess comes from capital‑gains tax, state land tax and, in typical years, tax savings...
Bayes Report: Debt Funds Rapidly Expand in UK Real Estate as Competition Increases
The Bayes report reveals that debt funds are rapidly expanding their exposure to UK real‑estate assets, driven by a surge in capital allocations throughout 2025. Back‑leverage strategies have enabled alternative lenders to boost origination volumes, intensifying competition for traditional bank...
Walker & Dunlop Secures $55.2 Million Construction Loan for Cleveland‑Area Mall Redevelopment
Walker & Dunlop arranged a $55.2 million floating‑rate construction loan for Phase I of Belle Oaks Marketplace, the mixed‑use redevelopment of the former Richmond Town Square Mall in Richmond Heights, Ohio. The financing, provided by Genesis Capital on behalf of DealPoint Merrill, will...
Newmark Secures $150.9 M Loan for $207.5 M Shallow Bay Logistics Portfolio Sale
Newmark Group arranged a $150.9 million loan from Wells Fargo to fund a $207.5 million purchase of a 1.38‑million‑square‑foot shallow‑bay logistics portfolio spanning Dallas‑Fort Worth, Chicago, Cincinnati and Indianapolis. The deal, involving a joint venture between a global asset manager and Dalfen Industrial, underscores...
Hilton Launches 251‑Room Adelaide East End Hotel Amid $2,161‑Room Development Surge
Hilton, through a franchise with Auriga Investments and operator Trilogy Hotels, announced a 251‑room, 27‑storey hotel at 299 Pirie Street. The project adds to a pipeline of 15 hotels that will deliver 2,161 new rooms across Adelaide, reflecting unprecedented investor...
Howard Hughes Holdings Inc (HHH) Q1 2026 Earnings Call Transcript
Howard Hughes Holdings reported a record $476 million MPC earnings before taxes, driven by the sale of 621 residential acres at $890,000 per acre, and an 8% rise in operating asset NOI to $276 million. The company forecast 2026 adjusted...
Hudson Pacific Properties Inc (HPP) Q1 2026 Earnings Call Transcript
Hudson Pacific Properties reported a transformative 2025, completing $330 million of strategic asset sales and over $2 billion of capital transactions that doubled liquidity to $934 million. The REIT cut net debt by 22%, improved debt‑to‑book to 31.9%, and reduced G&A expenses 33%...
Ares Commercial Real Estate Corp (ACRE) Q1 2026 Earnings Call Transcript
Ares Commercial Real Estate Corp reported Q1 2026 results highlighting a $1.7 billion loan portfolio, up $110 million sequentially, and a strategic shift away from office exposure toward multifamily, industrial and self‑storage assets. The company closed three new loan commitments totaling $294 million,...
REITs Outshine Tech, Offering Stronger Relative Performance
While many remain Uber-focused on Technology, sectors like REITS are continuing to make headway higher. @IBDinvestors @marketsurge Charts of $RSPR the Equal-weighted REITS ETF by Invesco, show this sector to be in better relative shape than most of...
Landlords and Second-Home Buyers Driving Majority of Stamp Duty Revenues
Paragon Bank’s analysis shows higher‑rate additional dwelling (HRAD) transactions now provide at least half of Stamp Duty receipts in 164 English councils, up from 62 in 2016/17. The share of councils dependent on these purchases grew from 22% to 56%...
Nearly 1 In 6 Canadian Millennials Still Live With Their Parents
Statistics Canada reports that 16.3% of Canadian Millennials aged 25‑39 still live with their parents, roughly double the 8.2% rate for Boomers at the same age in 1991. The trend is most acute in high‑cost cities, with 48.6% of Toronto...
Seasoned Investors Shift to Private Money Lending
If you haven’t noticed, a lot of experienced investors are turning into private money lenders. Why? Because they want a more flexible and secure investment strategy. After years of actively doing real estate, they want a more passive position.
Competition Intensifies for Cropland Close to SE Wisconsin Dairies
Farmland values in southeastern Wisconsin have jumped 25%‑35% since December, according to Compeer Financial appraiser David Kluck. The surge stems from a tight supply of cropland and heightened interest from large dairies seeking nearby land to spread manure. Proximity matters...
Multifamily Refinancing Surge: $68M Colorado Loan and $269M White Plains Deal
A joint venture of BMC Investments and Rockpoint secured a $68.3 million loan to refinance Madison at Copperleaf in Aurora, Colorado, while RXR and Korman Communities refinanced Hamilton Green in White Plains, New York with $269 million from Blackstone and Canyon Partners. The...
Compass Posts $2.7B Q1 Revenue, $250M Cost Synergies After Anywhere Merger
Compass, Inc. posted $2.70 billion in Q1 2026 revenue—up 7% YoY—and swung to a $22 million net profit after a $51 million loss a year earlier. The firm actioned $250 million in cost synergies within 82 days of its Anywhere acquisition, prompting an increase...
Madison Realty Capital Provides $110M Refi for Silicon Valley Hotel
Madison Realty Capital, together with Newbond Holdings, provided a $110 million refinancing for Hotel NIA, a 250‑key Marriott Autograph Collection property in Menlo Park, California. The loan was arranged by Sonnenblick‑Eichner Company and reflects strong cash‑flow expectations. Hotel NIA benefits from a surge in...
Dubai Hotel Occupancy to Plummet to 10% in Q2 — Moody’s
Moody’s Analytics projects Dubai’s hotel occupancy to tumble from 80% in February to just 10% in the second quarter of 2026, driven by the Iran‑UAE conflict. The war has sharply reduced air traffic, visitor arrivals, and room bookings, prompting widespread...
'It Behaves Like A Capital City': Investors Keen To Put Money Into Manchester
Manchester is emerging as a UK regional powerhouse, offering capital‑city‑level office demand with a regional price discount. Investment volumes rose to £1.8 bn (≈$2.3 bn) in 2025, well above the 10‑year average of £1.2 bn (≈$1.5 bn). Pension giant Nest plans to double its...
U.S. Industrial Leasing Surges in Q1 as Supply Chain Shifts Drive Demand, Reports JLL
U.S. industrial leasing surged 17.8% year‑over‑year in Q1 2026, reaching 145 million square feet, with 71.6% of that volume representing new leases. Asking rents rose modestly 0.8% to $10.34 per square foot, while mega‑box rates jumped 14.5% and big‑box leasing grew...
Multifamily Starts Jump 13.5% as Vacancy Stabilizes and Rent Growth Stalls
U.S. multifamily construction starts surged 13.5% in March 2026, outpacing permits and signaling renewed builder confidence. At the same time, vacancy rates have steadied for the first time in over four quarters, but rent growth stays muted, leaving investors weighing...
Economist Gary Shilling Says 2026 U.S. Recession Is “Almost Inevitable”
Veteran economist Gary Shilling warned that a U.S. recession is “almost inevitable” by the end of 2026, pointing to a stalled housing market, collapsing capital expenditures and a fragile consumer base. His comments add a contrarian voice to the prevailing...
Colliers International Posts $1.31B Q1 Revenue, Boosts EBITDA 8% Amid CRE Resilience
Colliers International announced first‑quarter 2026 revenue of $1.31 bn, up 15% year‑over‑year, and adjusted EBITDA of $124.8 m, an 8% increase. The results highlight durable growth across its diversified CRE services and a $400 m debt raise to fund the pending Ayesa Engineering...
Affordability and Multi‑Gen Living Fuel Real Estate Wealth
NAR’s latest data confirms what we’re seeing locally in Central Arkansas: affordability, multi-generational living, and long-term equity are driving today’s market. Real estate remains one of the strongest wealth-building tools across every generation. Follow @chasecalhoun.realestate for more on build-to-rent and real...
Sacramento Sales Volume up 2% Year‑to‑date
Closed sales volume is ahead of last year so far in the Sacramento region. Not much, but about 2% ahead. https://t.co/g5WECpNtl8
Coming Flood Of Foreclosures To Sink Home Prices | Melody Wright
U.S. housing market faces a perfect storm as ownership costs hit record unaffordability and mortgage rates climb again. Analyst Melody Wright warns a surge in foreclosures will swell inventory throughout 2026, adding downward pressure on home prices. Recent data, including...
Purchase Applications Slip 3% Weekly, Up 5% Yearly
Purchase application data declined 3% week over week but increased 5% year over year. Slower data, of course, when rates are near yearly highs, but nothing too drastic. https://t.co/u4F2VonvWZ
SM Bullish on Luxury Residential Market
SM Prime Holdings, through its premium Signature Series brand, announced a major facelift of Susana Heights Village in Muntinlupa. The first phase, beginning in Q3 2026, will overhaul the clubhouse and add covered tennis courts, an indoor basketball court, a gym,...
Landlords and Second-Home Buyers Squeezed by Stamp Duty Surcharge
The UK Treasury announced a rise in the stamp‑duty surcharge on additional residential properties, lifting the rate from 3% to 5% for landlords and second‑home buyers. The change, effective April 2024, adds roughly £10,000 to a £300,000 purchase and is...
TBA Settlement, Non-Agency, Due Diligence, AI, Warehouse Tools; How Old Is Your House?
The median U.S. home is now 44 years old, pushing owners to spend more on upkeep, with 2023 replacement costs averaging $9,030—a 59% jump since 2009. Older homeowners are increasingly tapping home equity, as reverse‑mortgage counseling data shows rising equity...
Iran War Helps Drive Residential Investor Sentiment To 3-Year Low
Residential real‑estate investor sentiment fell to a three‑year low in Q1 2026, according to the RCN Capital/CJ Patrick Investor Sentiment Index. The dip was driven by the Iran war’s impact on oil and mortgage rates, a year‑over‑year decline in home sales,...
Foreclosures Hit Six-Year High Despite Historic Lows
Foreclosures are at a six-year high, and we are starting to see more distress in the housing market. But we are also at very low levels historically. Both things are true. Locally, we started to see slightly more short sales....
Housing Indicators Dip Slightly as Rates Hit 6.5%
My three high-frequency housing indicators slipped a little this week as rates spiked back up to 6.5%, but mostly remain positive. (Xactus includes refi's so my interpretation is that's why it dipped further) https://t.co/pizD0SHAdG
Church-to-Housing Trend Grows in Southern California
Southern California churches are increasingly repurposing underused parcels into affordable housing, with three recent projects totaling over 240 units. In Santa Ana, a former vacant lot owned by the United Methodist Church will become a 93‑unit complex for at‑risk families....