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:
PROPTECH-X : Gap Between How Sellers Value Their Businesses and How Buyers Assess Risk Widens
A leading UK construction investor warns that reliance on EBITDA for valuations is causing deal failures as buyers shift focus to net profit before tax and cash flow. Bradley Lay of Peak Capital notes the valuation gap has widened over the past 18 months due to higher borrowing costs and tighter credit. Sellers continue to anchor prices on EBITDA multiples, while buyers demand real earnings that can service debt. The mismatch is prompting late‑stage valuation resets and eroding trust in transactions.

Ex-Housing Secretary Angela Rayner Urges Government to Go Further on Agent Regulation
Former housing secretary Angela Rayner urged the government to strengthen regulation of managing agents as part of its leasehold reform programme. She praised the draft bill’s ground‑rent cap and ban on new leasehold flats but warned that the lack of...
Lomond Expands Into Liverpool with Homesure Acquisition
Lomond Group has acquired Liverpool‑based lettings and estate agency Homesure, adding a three‑office operation with a 30‑person team to its portfolio. Homesure currently manages more than 1,700 residential properties across Liverpool and surrounding areas. The deal keeps the Homesure brand...

Early-Year Listings Stagnate; Sellers Tentatively Re‑Enter Market
In recent years we've seen more new listings between January and February, but that wasn't the case this year. Just something on my radar. On one hand, we've started to see sellers come back to the market, but I'm not...
Steadfast Financial Signs Five-Year Renewal at 450 Park Ave.
SL Green Realty Corp. finalized a five‑year renewal with Steadfast Financial for 21,640 square feet covering the 20th and 21st floors of 450 Park Ave. in Midtown Manhattan. The lease reinforces Steadfast’s presence in a building that recently unveiled a revamped lobby...
NJ Clothing Distributor Concludes Lengthy Search with Fontana Acquisition
DAUM Commercial Real Estate Services facilitated the $30.2 million sale of 6260 Mango Ave., a 113,930‑square‑foot Class A industrial distribution facility in Fontana, California. The buyer is a New Jersey‑based clothing distribution firm seeking to expand its logistics footprint on the West Coast. The transaction...
Starbucks Proximity Boosts Real Estate Investment Returns
Do you pay attention to Starbucks proximity for residential or commercial real estate investing? Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent #starbucks
Well-Located Neighborhood Strip Center Sells for $11M
Atlantic Capital Partners closed the sale of the 18‑20 Main St. neighborhood strip center in North Reading, Massachusetts for $11 million. The 46,738‑square‑foot property is fully leased, anchored by a 13,225‑square‑foot CVS and nine additional service retailers. Its location near Interstates 93, 95...
Illinois Ranks No. 2 for Corporate Expansion Projects
Illinois has secured the No. 2 spot for corporate relocations and expansions for the fourth consecutive year, according to Site Selection. The Illinois Economic Development Corporation reported 680 qualified projects, underscoring a sustained influx of businesses. Chicago’s metropolitan area marked its...

Canadian Coliving Market and Why Canada's Empty Offices Are the Next Coliving Opportunity
Canada faces a 25% vacancy rate in B‑ and C‑class office buildings, prompting Toboggan Flats to convert these spaces into affordable coliving units in just nine months. The model leverages existing structures to cut capital costs, offering rents at roughly...
CBRE Appointed Exclusive Sales Agent for Former Mall Site in St. Louis
CBRE has been named the exclusive sales agent for the former Jamestown Mall site, a 144‑acre parcel in north St. Louis County. The property, owned by the St. Louis County Port Authority, is zoned for both commercial and residential development, making it...
Development Site Across From UCLA Fetches $38M in Off-Market Sale
Newmark brokered the off‑market sale of 10918‑10926 Le Conte Avenue in Westwood for $38.2 million. The 1.16‑acre parcel includes a 9,647‑sq‑ft office building and sits directly across from UCLA and the Ronald Reagan UCLA Medical Center. The transaction was co‑represented by Newmark...

Lenders Offer Pricing Promos in Anticipation of a Hot Market
Mortgage lenders are rolling out new pricing promotions as rates hover near 6% and react to recent geopolitical volatility. United Wholesale Mortgage introduced a 75‑basis‑point refinance boost and a $600 appraisal credit for purchases, extending the offer to Pro Elite...
Center City's Largest Office Space Slated For Resi Conversion: The Philadelphia Deal Sheet
Centre Square, Philadelphia’s largest office tower, changed hands for roughly $94 million, a steep discount from its 2017 $328 million purchase. The building’s occupancy had slipped to 37.6%, prompting the new owners, PMC Property Group and Dean Adler, to propose a mixed‑use...
Sydney’s “Pretty Sh!t” Auction Market
Sydney’s property auction market experiences a sharp surge in clearance rates during February and March, marking the highest seasonal performance in recent years. Historical data shows 2022 and 2024 achieved the peak clearance percentages for this period. As the year...

Mortgage Rates Dipped Below 6% in February Amid Treasury Rally
Mortgage rates slipped further in February, with the 30‑year fixed‑rate mortgage averaging 6.05% and briefly dipping below the 6% mark, while the 15‑year rate fell to 5.43%. The 10‑year Treasury yield held near 4.18% for most of the month before...

Rent Cuts Trigger Nationwide Landlord Sell‑offs
Investors are selling properties after months of cutting rent. And it's happening all over the U.S. The owner here is a Wall Streeet Landlord. They purchased for 195k in 2012 and have rented it out ever since. And rent has gone...
Climate Risk, Capital Pressure, and CRE’s Inflection Point with Thomas Mueller, President & CEO at Canada Green Building Council
In this episode, hosts Aaron Cameron and Adam Pawlik speak with Thomas Mueller, President & CEO of the Canada Green Building Council, about the evolving landscape of ESG and climate risk in Canadian commercial real estate. Mueller highlights the shift...

House Passes Bill To Speed Up Mortgage Processes on Tribal Lands—And To Extend Leases to 99 Years
The House approved S.728, mandating the Bureau of Indian Affairs to screen tribal mortgage applications within 10 days and decide on leasehold mortgages in 20 days, with a 30‑day window for right‑of‑way loans. It also passed H.R.5910, extending the ability...

Purchase Applications Rise YoY, Five Weeks Double‑Digit Growth
Yes, it's true that even with the snow this year which is melting away, purchase application data is up year over year every week this year, with 5 weeks showing double-digit growth. @housingwire @sarahteresa6 #realestate #housing #mortgagerates #chartdaddy

Mortgage Rates Hover Near 5% as Jobs Data Looms
Mortgage rates have eased back toward the 5s today, potentially due to oil transport assurances from the President. The 30-year fixed is just 8 bps away from a 5-handle again, despite the ongoing conflict in the Middle East. Jobs report on Friday...
Brookfield, Queensland Selling 1M SF Southern California Mall
Brookfield Properties and Queensland Investment Corp. have put the 1 million‑square‑foot Victoria Gardens mall in Rancho Cucamonga up for sale. The open‑air center posted $33.6 million cash flow in 2024 and a net operating income of $32 million in 2023, reflecting a 6 %...

Marriott International Achieves Record Growth in Caribbean and Latin America in 2025
Marriott International reported a record‑breaking 2025 in its Caribbean and Latin America (CALA) region, signing 94 deals that added 10,461 rooms. The portfolio grew to 555 open properties and more than 95,000 rooms across 37 countries, a 40% jump in...
Moishe Mana Buys Discounted Downtown Miami Office Tower for $110M
Moishe Mana purchased the 31‑story One Downtown office tower in downtown Miami for $110 million, securing roughly a 14 percent discount from its 2018 price. The 770,195‑square‑foot building houses 450,000 sq ft of office space, a 750‑spot garage, and ground‑level retail, and is currently...

$185 Million Monarch San Antonio, TX Hotel Debuts With 200 Rooms Downtown
Hotel News Resource reports that the $185 million Monarch San Antonio, part of Hilton’s Curio Collection, opened in the Hemisfair District with 200 rooms, including 28 suites. The 17‑story property offers upscale amenities such as a full‑service spa, a 550‑sq‑ft fitness...
Revealing Our Decade-Long Real Estate Due Diligence Blueprint
The Crown Jewel Regular readers know that we created our original due diligence checklist in ~'14, on the advice of an experienced real estate investor who became our largest 3rd party property management client. (What's a "due diligence checklist"? It's a long...

The Average 401(k) Balance Grew 11% in 2025: Why This Rally Is Lowering Default Risks for Homeowners
Fidelity’s analysis of nearly 25 million 401(k) accounts shows the average balance jumped 11 percent in 2025 to $146,100, marking a third straight year of double‑digit growth. The median balance stays modest at $34,400, but accounts with $1 million or more rose to...
How to Profit From America’s Housing Shortage – Without Owning a House
In this episode of The Art of Passive Income, host Mark Podolsky and his fellow land investors discuss how to profit from America’s housing shortage by buying cheap raw land and using owner‑financing to generate passive income, without ever owning...

Mortgage Rates Nearing Sub‑6% Despite Week’s Volatility
Even with all the madness of this week #mortgagerates are almost back below 6% #realestate #housing #chartdaddy #mortgagespreads

How to Build a “Set-It-and-Forget-It” Real Estate Portfolio Without Owning Rentals
The article argues that traditional rental ownership is a hands‑on business and proposes passive alternatives for investors who want cash flow, appreciation, and tax benefits without daily management. It outlines three tiers: low‑cost REITs, mid‑range co‑investing clubs that pool capital...
How Out-of-Town Buyers Are Driving Rental Demand in 87 of the Top 100 Housing Markets
Out‑of‑town buyers now account for 62% of online home views in the 100 largest U.S. metros, with 87 markets driven by non‑local interest. Affordability, warm climates and remote‑work flexibility are prompting moves from high‑cost hubs to cheaper Sunbelt and Mid‑west...

California Senator Aims To Ban ‘Predatory’ Investors From Buying Lots After Disasters
Senator Adam Schiff introduced S.3961, a bill that would prohibit institutional investors—defined as companies owning 75 or more homes—from purchasing lots, parcels, or homes in federally declared disaster zones for six months after a catastrophe. The measure targets the surge...

Retail REITs Benefiting From Strong Market Fundamentals, Tight Supply
Retail REITs are thriving as strong market fundamentals and limited new development tighten supply. Occupancy reached 95.7% in Q4 2025, while rent growth held at 2.1% year‑over‑year. Funds from operations rose 14% YoY, and A‑rated malls posted NOI 10% above pre‑COVID...
Senate Bill Threatens Build‑to‑Rent, Slashing New Housing Supply
Digging into the Senate's ROAD to Housing bill more, the new amendments are NIMBY-friendly supply killers. It effectively kills build-to-rent construction, which delivered 250k new homes over past 5 years. And don't assume all those homes would have been built anyway...

Everest Group Facing Foreclosure On 24-Storey Centra Project In Surrey, Owes $44M
Everest Group’s 24‑storey Centra condo tower in Surrey entered foreclosure after defaulting on a $27.8 million loan with 14% interest. The lender, Domain Mortgage/CAPSTONE, reports $44.2 million owed, including $15.2 million in liens and unpaid property taxes. Construction halted in September 2024, and...

MCB Signs Costco to Anchor $2.8 Billion Viva White Oak Mixed-Use Development in Metro D.C.
MCB Real Estate has secured Costco as the anchor tenant for the $2.8 billion Viva White Oak mixed‑use project in Montgomery County, Maryland. The 280‑acre development will feature over 12 million square feet of space, including 5,000 residential units, retail, a hotel,...

NEW INVESTMENT OPPORTUNITY AT SHREVEPORT REGIONAL AIRPORT
Mumford Company is marketing a Residence Inn at Shreveport Regional Airport as a new investment opportunity. The hotel sits directly off Interstate 20, adjacent to the airport exit, and is close to multiple commercial and recreational demand generators. It is currently...

JLL Arranges $37M Financing for Ambiente
JLL Hotels & Hospitality Group arranged a $37 million non‑recourse refinancing for Ambiente, a 40‑room adults‑only luxury landscape hotel in Sedona, Arizona. The deal, executed through a debt fund, includes a sizable cash‑out component that recapitalizes the property to fund ongoing...
Analyze Property Physically Before Trusting Excel Numbers
If you’re buying real estate solely based on numbers, you’re already losing Real estate isn’t just numbers in excel. It’s tangible Here’s how to actually analyze a property without making that costly mistake: First thing most investors do when they see a deal...
Mayor Mamdani's Optimism Cracks over Tax and Housing Plan
Engquist: Ding ding ding. Cracks appear in the resolutely optimistic #MayorMamdani's armor as qs rise over prop #taxes+#Sunnyside #affordablehousing. #realestate #CRE #multifamily #NYC #Queens https://t.co/SKMyuFhL5X

Marylebone Mansion Helps Allsop Raise £46m at Resi Sale
Allsop’s second residential auction of the year generated £46 million from 152 lots, achieving an 84 % success rate. The headline sale was a Marylebone mansion block at 105 Hallam Street, which fetched £4.75 million and comprises 79 occupied flats producing £306,000 annual...

Investors' Small‑Bay Industrial Vision vs Harsh Reality
How institutional investors think small bay industrial looks like vs what is does look like https://t.co/eLj2NHCCOQ

NAHB Warns Congressional Housing Bill Will Curb Supply
National Association of Home Builders: The Congressional housing package being pushed through right now would HURT housing supply NAHB: The latest version of the bill would 'undermine' build-to-rent construction The @NAHBhome email obtained by @PunchbowlNews/@BrendanPedersen 👇

Chatham Acquires Six Hilton-Branded Hotels for $92M
Chatham Lodging Trust bought six Hilton‑branded hotels for $92 million, adding 589 rooms in Kentucky, Illinois and Missouri. The portfolio averages ten years of age, with 66% of rooms classified as extended‑stay, and posted 2025 RevPAR of $116 and EBITDA margins...

Housing Market Tightens, Competition Returns to Pre‑2020 Levels
Is the housing market getting tighter? Yes. Supply and demand have squeezed together over the past few months, so competition levels are now are at pre-2020 norm levels (instead of being softer). I'll write more about this tomorrow. Any thoughts?...

Fast‑track Housing Startup Leaves Dozens Unfinished Near Austin
Boom to bust. Onx Homes came to Austin MSA in 2022—backed by $167 million in investor capital—w/ a plan to deploy a rapid construction process (builds completed in under 60 days) Now several dozen of its half-built homes are sitting neglected about...

Labor Force Trends: Per-Adult Vs. Per Capita
The piece highlights how per‑adult metrics expose demographic shifts that per‑capita figures hide, especially in housing and labor. Since the 2008 crisis, homes per adult have risen sharply as families have fewer children, while homes per capita appear flat. The...

Back to the Suburbs: Chicago Edition
Home prices in Chicago’s urban core have slumped, with the Loop losing nearly 40% since early 2020, while surrounding suburbs and exurbs surged 45%‑48%. The affluent North Shore suburbs posted the strongest gains, topping 60% appreciation. The urban‑exurban price gap...
Mortgage Demand Jumps 11% as Rates Near Four‑year Low
Weekly #Mortgage demand surged 11% higher last week, as rates sat near 4-year low https://t.co/2HClawHnMz @MBAMortgage