Today's Real Estate Investing Pulse
Housing Prices Slip 2.4% as Buyers Return, Pending Sales Rise 4.3%
Median list prices dropped 2.4% year‑over‑year to $429,500, the steepest decline since 2017. Pending sales climbed 4.3% YoY, extending a six‑month growth streak. New listings rose sharply in the Northeast (+8.6%) and Midwest (+4.7%) while remaining flat in the South.
Also developing:
Getty Realty Corp (GTY) Q1 2026 Earnings Call Transcript
Getty Realty Corp reported Q2 2025 results, showing a 9.9% increase in annualized base rent to $204 million and a 1.7% rise in AFFO per share to $0.59. The company accelerated capital deployment, closing $95.5 million of investments YTD at an initial cash yield of 8.1% and maintaining a pipeline of over $90 million, primarily in automotive service centers. Portfolio metrics remained strong with 99.7% occupancy, a weighted average lease term of 10 years, and a tenant rent‑coverage ratio of 2.6×. Liquidity topped $400 million and leverage stayed within the 4.5‑5.5× EBITDA target.
Eastgroup Properties Inc (EGP) Q1 2026 Earnings Call Transcript
Eastgroup Properties reported a robust first quarter, deploying $403 million in acquisitions across 100 properties at a 7.1% weighted cap rate—the highest quarterly volume since 2022. Development activity accelerated with two new projects ($18 million) and nine under construction ($71 million), while disposals...
Century Communities Inc (CCS) Q1 2026 Earnings Call Transcript
Century Communities posted a record 2,702 net orders in Q4 2025, a 13% sequential increase, and achieved an all‑time 84% mortgage capture rate. Incentive levels surged to 1,300 basis points, pushing average sales price down 5% and compressing GAAP homebuilding...
BTL Investors Remain Committed as Yields Shows Signs of Improvement
A new Kensington Mortgages BTL Barometer shows 84% of limited‑company landlords expect rental yields to rise over the next year, with 89% confident about the sector’s outlook. Despite pressure from higher mortgage costs, operating expenses and looming regulation, 80% anticipate...
Debt-Pressured Landlords Push Rental Stock Onto Sales Market
Rising mortgage costs, tighter credit and the new Renters’ Rights Act are prompting debt‑dependent landlords to off‑load privately rented assets, feeding a growing flow of rental stock into the sales market. The sell‑off is most pronounced among smaller, highly leveraged...
Morningstar DBRS Assigns Credit Rating to the Mortgage Loan Made to Chapel Hills East LLC
Morningstar DBRS assigned a BBB (high) rating with a Stable trend to the $18.5 million, 5.95% interest‑only mortgage loan due 2034 on Chapel Hills East LLC. The loan is secured by a 224,733‑sq‑ft, fully‑leased community shopping center in Colorado Springs, anchored...
Industrial Land Prices Flat as Chinese Investors Sell Up
Industrial land prices in Thailand held steady in Q1 2026 as Chinese investors flooded the market with second‑hand plots after regulatory crackdowns halted their leasing or self‑use plans. The average asking price stayed at 8.3 million baht per rai (about $252,000), unchanged...
U.S. CMBS Q1 2026 Maturity Research
The payoff rate for fixed‑rate CMBS loans maturing in Q1 2026 slipped to 60.0%, down from 61.7% in the prior quarter. Retail‑backed loans lagged further, posting a 51.2% payoff rate. Morningstar projects Q2 2026 payoff to fall between 55% and 60%, with...
Biotech's Outlook Brightens, But Lab Landlords Face Deepening Vacancies, Falling Rents
Biotech funding and IPO activity surged in early 2026, with venture capital raising $7.5 billion in Q1 and several large IPOs exceeding $300 million. Despite this optimism, life‑science lab real estate remains strained: nationwide vacancy climbed to 23.2% and asking rents slipped...
$40M Loan Retires Maturing Debt on Two LA Industrial Properties
Gantry secured a $40 million permanent loan to retire maturing debt on two cross‑collateralized industrial properties in Los Angeles. The 203,000‑square‑foot PODS warehouse in Vernon and the 95,000‑square‑foot Quixote Studios soundstage in Pacoima are both 100% occupied by single‑tenant users. The...
World Cup Host Cities See Vacation Rental Bookings Surge up to 58% During Tournament
Short‑term rental bookings in the United States are surging ahead of the 2026 FIFA World Cup, with June and July reservations 15.2% and 17.1% higher than last year. AirDNA data shows host cities averaging a 66% demand increase, and markets...
Richmond Authority Seeks $19 Million in Bonds for Grace Street Rehab Projects
The Richmond Redevelopment & Housing Authority (RRHA) is asking the city council to approve $19 million in bonds for two downtown Grace Street rehabilitation projects. The financing would support the conversion of the former Tiffanie’s Manor into senior housing and the...
Singapore Q1 2026 Investment Sales Surge 44.6% to Record S$16.6 Bn ($12.3 Bn)
Singapore's real estate investment market surged 44.6% in Q1 2026, reaching a record S$16.6 bn ($12.3 bn) in sales, led by commercial assets and a newly launched S$8.2 bn private fund. Colliers attributes the boom to concentrated liquidity and a shift toward income‑generating,...
Home Prices Race Ahead of Incomes, Leaving No Major US City Affordable
A new Best Interest Financial and Clever Real Estate analysis finds the median U.S. home now costs $414,900—over five times the median household income of $81,604, yielding a 5.08 price‑to‑income ratio. Since 1980, home values have surged 551% while incomes...
Progressive Real Estate Brokers $13.5 Million Sale of Multi-Tenant Retail Center in Metro Los Angeles
Progressive Real Estate Partners brokered the $13.5 million sale of The Shops at Walnut Hills Plaza, a 37,173‑square‑foot, fully‑leased retail center in Walnut, California, about 23 miles east of downtown Los Angeles. The property, built in 1983, hosts 19 tenants ranging from auto...
Highest Rates in a Week But There's a Catch
The average 30‑year fixed mortgage rate rose to 6.33% on April 21, the highest level since the previous Monday and the biggest weekly uptick in a week. The increase was modest—just 0.03 points—and the weekly range stayed within 0.04 percentage points....
Simplify Deal Info to Attract Private Lenders
Read this if you’re trying to raise private capital for your next deal: Make all the information on the deal easily accessible. The more work a potential private lender has to do to get info the less chance you have of...
The Tables Have Turned: Florida and Texas Are the Biggest Losers in the Housing Market as Ohio Emerges a Surprise...
The post‑pandemic housing boom that lifted Florida and Texas is now reversing, turning those Sunbelt states into the market’s biggest losers. Redfin data shows a nationwide buyer’s market, with sellers outnumbering buyers by 43% in March, while Ohio’s metros remain...
The Tables Have Turned: Florida and Texas Are the Biggest Losers in the Housing Market as Ohio Emerges a Surprise...
The post‑pandemic housing market is reversing, with Sunbelt metros like Florida and Texas slipping into deep buyer’s markets while Ohio’s Midwestern cities gain traction. Redfin data shows sellers outnumber buyers by up to 148% in Miami, contrasted with modest imbalances...
Office Vacancy Drops to 17.8%, While Coworking Expands Across the U.S.
U.S. office vacancy slipped to 17.8% in March, a 210‑basis‑point improvement year‑over‑year, while listing rates fell 2% to $32.80 per square foot. The recovery is uneven; Austin still shows a 26.2% vacancy rate despite a sharp decline, and only 29 million...
First Closing of Principal Discount Tool Gives Banks, CUs a Lock-In Exit
Takara’s Discount for Real Estate Affordability and Mobility (DREAM) completed its first closing, giving a Chicago couple a $41,000 principal discount on their mortgage. The discount is funded by Treasury securities held in a trust, allowing the lender to receive...
Safehold Working to Fill Affordable Housing Financing Gap in Texas & Beyond
Safehold, Inc. (NYSE: SAFE) is using its modern 99‑year ground‑lease model to close the financing gap for affordable housing, starting with a 348‑unit development in Austin slated for 2028. The deal marks Safehold’s first Texas affordable project and its 20th...
Redfin Shows Home Prices Barely Rising
Redfin’s Home Price Index shows U.S. home prices rising just 0.1% month‑over‑month in March, marking the third consecutive month of minimal growth. Year‑over‑year prices increased 1.9%, the slowest pace since 2012. While 13 of the 46 large metros recorded price...
Newmark Secures $830 Million Financing for 36‑Asset Manufactured‑Housing Portfolio
Newmark Group arranged an $830 million portfolio loan for RHP Properties and an institutional capital partner to acquire and refinance a 36‑asset manufactured‑housing portfolio. The financing, provided by Wells Fargo, covers 8,340 housing pads with occupancy above 99%, highlighting the sector’s...
Plan Your CRE Exit From Day One
Smart CRE investors don’t just focus on the buy. They plan the exit from day one. • Timing the market cycle • Positioning for maximum value • Selling with demand, not hope Because in commercial real estate… profits are realized on the exit. #CommercialRealEstate #CREInvesting #CaliforniaCRE #RealEstateInvestors #investmentstrategy
US Homebuyer Demand Hits Record Low, Prices Must Drop
U.S. homebuyer demand just hit its lowest level ever for the month of March. According to NAR Pending Sales, contract signings fell yoy to an index of 73.7. This was the worst monthly reading for March ever, even lower than 2008-09 crash. Worst...
The Home Upgrade Adding Thousands to UK Property Values Without an Extension
Homeowners in the UK are opting to add garden rooms instead of traditional extensions as moving costs stay high and remote work drives demand for flexible space. Garden rooms provide a separate, usable area for offices, gyms or studios without...
Sacramento Home Prices Dip Slightly—Check Local Comps
Home prices are down 1-2% from one year ago. Here are six metrics to help understand price change in the Sacramento region. My advice? Don't be rigid about these numbers. Neighborhood trends can vary, so look to the comps in...
March Pending Home Sales Climb 1.5% as Inventory Grows
Pending home sales increased 1.5% in March, even as mortgage rates rose to about 6.3% by month‑end. New listings surged 21.2% to 439,000, providing the strongest inventory boost in years, while the median list price fell 2.2% year‑over‑year. The South...
US Pending Home Sales Accidentally Rise
Contract signings for existing U.S. homes unexpectedly rose 1.5% in March, marking the second consecutive monthly gain and defying forecasts of a flat reading. The increase came despite mortgage rates climbing roughly 40 basis points as oil price spikes lifted...
Park Slope Townhouse with Rooftop Hot Tub Scores Brooklyn’s Top Contract
Brooklyn’s luxury market saw its highest‑value contract last week when a renovated Park Slope townhouse at 265 Sixth Avenue closed at $6 million, topping a week that generated $76 million across 25 properties. The home, a 4,000‑square‑foot brownstone with four bedrooms, three...
March Pending Home Sales up 1.5% Despite YoY Dip
NAR Pending Home Sales Report Shows 1.5% Increase in March https://www.nar.realtor/newsroom/nar-pending-home-sales-report-shows-1-5-increase-in-march Year-over-year: "1.1% decrease in pending home sales"
$4B Affordable Housing Initiative Launches in New York City
New York City announced a four‑year, $4 billion Housing Investment Initiative, doubling pension fund allocations to affordable housing. The plan earmarks $750 million for mixed‑income development and office‑to‑housing conversions, $500 million for a public‑private apartment rehabilitation program, and additional funds for large‑scale projects...
If Rent Controls Block Profits, Repurpose Land for Higher Returns
Long-term real estate ownership is basically speculating on the increasing value of land. If local government demonstrates to you that it will not allow you to monetize the growing value of land devoted to multifamily (for example, by imposing rent controls),...
Wall St Isn’t Behind Housing Crisis,
Investors bought 18% of homes in Q4 2025, but large institutional investors own less than 1% of all U.S. homes. So if it's not Wall St driving the housing affordability crisis, what is? In this video, I break down...
Texas Stock Exchange Launch to Drive Dallas Real‑Estate Surge
The Texas Stock Exchange (TXSE) has raised $275 million and will begin trading in July, positioning Dallas as a new financial hub. Industry insiders say the influx of listed companies and thousands of new workers will lift demand for multifamily, build‑to‑rent...
Secure Deal‑Specific Commitments, Skip Discretionary Fund Hassles
You think you want to raise a small discretionary RE fund, but you probably don't.* 1. Much harder to raise $$ without being able to point your investors to the specific assets you're going to buy, and 2. Your promote (the piece...
Capital Flow, Not Price, Drives Real Estate Cycles
Where is the real estate market right now? Most investors track price. This chart tracks where money moves before price. What you’re seeing is not pricing. It’s capital flow across the cycle. X-axis → Market cycle phase (1–12) Y-axis → Capital flow (money movement strength) The market...
Zillow's 4.7 Million Home Shortage Questioned by New Analysis
Zillow's latest forecast of a 4.7 million‑unit housing shortage is being contested by tax attorney and investor Toby Mathis, who argues the raw inventory shows a surplus and that the real gap is affordable homes in high‑demand markets. The debate could...
How Oil Prices Affect CRE
Rising oil prices are reverberating through the U.S. commercial‑real‑estate market, beginning with higher freight costs that strain supply chains. Those costs push tenants toward well‑located industrial sites near population centers, while the inflationary pressure from energy spikes nudges the Federal...
Prime Central London Resi Sales Drop 24% Year on Year, JLL Reports
JLL’s Q1 prime central London index shows residential sales plunged 24% year‑on‑year, with only 350 homes exchanged – the lowest level since 2020. Total sales volume fell to £743 million (about $950 million), 28% below the two‑year Q1 average, while average prices...
Borough High Street Office Asset Goes on Sale for £33m
A private client has placed the freehold of 171‑191 Borough High Street on the market for more than £33 million (approximately $42 million), delivering a net initial yield of 7.35%. The 31,179‑sq‑ft office building is fully let to education provider Kaplan Financial...
Apollo Is the Latest Fund to Bet on European Hostels
Institutional investors are pouring capital into European hostels, with more than $1 billion deployed in the past 30 months. Apollo Global Management closed a senior €874 million (about $1 billion) loan secured by a&o Hostels’ 44 properties and roughly 30,000 beds. The financing...
U.S. Home Prices Inched Up 0.1% in March
U.S. home prices edged up 0.1% month‑over‑month in March, marking the third consecutive month of modest gains. On a year‑over‑year basis, prices rose 1.7%, the slowest growth recorded since Redfin began tracking in 2012. Mortgage rates rose to about 6.4%...
DC Class A Office Prices Reset by $430M Deal
BXP sold its stake in Marriott’s Bethesda HQ at a $430M valuation. Trophy office. Metro-accessible. Single-tenant credit. That’s the product institutional buyers still want — and this deal just reset pricing expectations for D.C. metro Class A. What does your...
Housing Sector Buzz: Multiple Acquisitions Signal Rising Value
Worth noting the activity picking up in housing sector: $QXO acquires $BLD, $TOL acquires assets from Buffington Homes of Arkansas (it's 16th acquisition since 1995 btw) and $HD adds Mingledorff last month. Some see value in this industry.
Iran Conflict and Lower Rates Reshape Housing Market
How the Iran Conflict and Falling Rates Are Impacting the Housing Market https://t.co/9umONc87Wf via @YouTube
Pending Home Sales Plunge
Pending Home Sales Still in the Deepfreeze, Drop in the West & Midwest, Tick up in the South & Northeast . Down by 35% from 2021, by 30% from 2019, and by 31% from 2018. The housing market is in the 4th...
Rising Mortgage Rates Slash Home‑sale Growth Forecast to 4%
"Due to the upward trajectory of mortgage rates, NAR now expects existing-home sales to increase 4% this year, down from the previous projection [+14%]." https://t.co/BNUbt2WCK1
Builders Halt After 120K Units, Permits Drop
This isn't a large amount of inventory in terms of scale, but once we reach 120K completed units, the builders don't push for more construction, so it's not surprising that housing permits and starts are low. https://t.co/YgX6DViH8r