Newmark Arranges $975M for Northern Virginia Data Center
Newmark arranged a $975 million balance‑sheet financing for Project Helios, a newly built data center in Northern Virginia. The loan was provided by Blue Owl to a joint‑venture borrower composed of Affinius Capital and Corscale Data Centers. The facility is fully leased to an investment‑grade cloud service provider under a long‑term agreement. The transaction highlights strong institutional appetite for digital‑infrastructure assets in a market known for unmatched connectivity.
U.S. Lab Availability Declines for First Time in Years
JLL reports that U.S. life‑sciences lab space has finally turned a corner, with availability falling by roughly 2 million sq ft since mid‑2025 after four years of oversupply. The decline is driven mainly by newer facilities built after 2020, which shed 2.6 million sq ft in...
Home Sales Surged in May to the Highest Level Since December
Home sales in May 2026 rose 3.2% year‑over‑year to an annualized 4.17 million units, the strongest pace since December 2025. The median existing‑home price hit a record $429,300, up 1.3% from a year earlier. Inventory increased 3.3% to 1.55 million homes, creating...
Tishman Speyer Holds First Close on Fund Targeting Multifamily in Seoul
Tishman Speyer announced the first close of its Korea Living Venture, securing $300 million in equity commitments from European pension funds APG Asset Management and Bouwinvest. The fund targets $400 million in equity, giving it over $800 million of investment capacity to acquire,...
PLDT Plans Data Center REIT IPO to Pay Down Debt
Philippines telecom giant PLDT will spin off its VITRO data‑center portfolio into a Real Estate Investment Trust, targeting a Q4 2026 listing. The first tranche will include eight of the 11 facilities, delivering about 27 MW of capacity and aiming to raise...
When Fit-Out Costs Bite, Location Strategy Matters More Than Ever — West Kowloon Shows Why
Fit‑out costs across Sydney, Tokyo, Hong Kong and Singapore have topped $270 per square foot, tightening capital‑expenditure budgets for occupiers. At the same time, unemployment in the Asia‑Pacific has fallen to 4.7%, intensifying competition for talent and making location a strategic...
Activist Investor Urges Segro to Spin Off Data Center Business - Report
Activist investor Lauro Asset Management is urging FTSE 100 REIT Segro to spin off its high‑growth data‑centre division and float a 20‑30 percent stake on a Dutch exchange. Lauro claims the London market undervalues the asset, which currently powers about 500 MW and...
Global Property Investors Delay Deals as Middle East War Risk Rises
Global commercial real‑estate investment slipped 5% quarter‑on‑quarter to $230 bn in Q1 2026 as Middle‑East conflict heightened energy and inflation worries. Despite the dip, investors are postponing deals rather than exiting, keeping pipelines robust. The United States led the market with $120 bn...
NatWest Launches £250m S106 Loan Fund to Unlock Affordable Housing
NatWest has launched a £250 million (≈ $320 million) loan fund designed to finance affordable housing projects built under Section 106 planning agreements. The facility matches an equal amount of government funding, effectively doubling the capital pool available for eligible purchases. It is offered...
Morningstar DBRS Frontline Perspectives Webinar: Mortgage Growth and Housing Risks in Spain and Portugal
Morningstar DBRS will host a webinar on June 25, 2026 titled “Mortgage Growth and Housing Risks in Spain and Portugal.” The event will explore accelerating mortgage originations, persistent housing supply shortages, and diverging credit dynamics driven by policy frameworks and...
UK Commercial Property Investment Hits £11.2bn Despite Slower Start to 2026
UK commercial property investment reached £11.2bn (approximately $14.2bn) in the first half of 2026, marking a solid performance despite a slower start to the year. Cross‑border capital drove 42% of the total investment activity, underscoring strong foreign interest. The market...
How Technology Is Reshaping the Refinance Opportunity for Brokers
In a higher‑rate environment, refinance remains a growth area for mortgage brokers who adopt technology and proactive client engagement. Loan Factory, which once derived over 90% of its business from refinance, has increased refinance volume by more than 50% by...
The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Census data shows 78.6% of households 65 + own homes, and only 10% of boomers plan to sell in the next five years. The “lock‑in” effect—driven by paid‑off mortgages, desire to age in place, and inheritance plans—means the existing stock will...
Lomond Data Points to Sustained Upward Pressure on Rents
Lomond’s Q1 2026 report shows average rents across its agency network rose 11% to £1,384 (≈ $1,760) per month versus the same period last year. London remains the costliest market with an average of £2,339 (≈ $2,970), about 69% above the network...
Housing Recovery Hits a Wall as Mortgage Rates Climb
The U.S. housing market stalled in May as mortgage rates climbed above 6.5%, pulling home sales down 2.9% year‑over‑year to roughly 342,000 units. New for‑sale listings also fell 4.1% YoY, breaking the typical spring supply surge. While active inventory continued...
Kennedy Wilson, APG Launch €2bn Irish Residential Platform
Kennedy Wilson and Dutch pension asset manager APG have formed a €2 billion (≈$2.18 billion) joint‑venture to create a residential platform in Ireland. The partnership will aggregate more than 3,400 private‑rented homes, combining existing operating assets with new development projects. The venture...
U.S. Home Prices Post Biggest Drop in a Decade in May
U.S. home prices posted their steepest year‑over‑year decline in a decade, falling 2.4% in May 2026, as inflation and rising mortgage rates pressured affordability. Median listing prices and price per square foot both slipped, with declines evident in 35 of...
New Listings Fall 1.3%, One of the Biggest Weekly Declines of 2026
New listings of U.S. homes dropped 1.3% week over week, marking one of the sharpest declines of 2026. The weekly average mortgage rate climbed to 6.53%, the highest level since August, while the typical sale price rose 2.3% year‑over‑year to...
Digital Realty CEO Andy Power: Private Fundraising Is ‘Critical to the Success of Our Company’
Digital Realty, the world’s largest data‑center REIT, announced a multi‑series, multi‑region private fundraising initiative aimed at financing its expanding portfolio. CEO Andy Power told The PERE Podcast that the capital‑intensive nature of modern data‑center development, driven by AI, cloud and...
Chinese Buyers Redefine Hong Kong’s Hottest New Neighborhoods
Chinese mainland buyers are reshaping Hong Kong’s property map, gravitating toward newly developed districts such as Kai Tak, Tseung Kwan O, and the former industrial zones of Kwun Tong. Their appetite is driven by tighter capital controls at home, a...
New Zealand House Prices Stall as Buyers Remain Disinterested
New Zealand house prices stalled in May, remaining flat after a revised 0.2% decline in April, according to Cotality. Prices have risen only 0.4% since the August 2025 low, reflecting minimal year‑to‑date movement. Rising mortgage rates—now above 5.2%—and the global...
San Bernardino County: A Retail Market Built for Growth
San Bernardino County, the nation’s largest contiguous county, is positioning itself as a premier retail destination. With 2.2 million residents and a three‑hour‑drive catch‑area encompassing 23 million people, the market offers substantial consumer reach. Median household incomes have surged up to 40% since...
REITs Poised For Growth, but Geopolitical Risks Are Wildcard: Nareit Panelists
The NAREIT REITweek 2026 conference highlighted a 14% year‑to‑date gain for the FTSE Nareit All Equity REITs Index, outpacing the broader market by roughly 400 basis points. Panelists debated the impact of the Iran‑related energy shock, with Morgan Stanley forecasting...
Sellers Are Pulling Their Homes Off the Market at Near-Record Rates as Buyers Reject High Prices
April’s housing data shows sellers are retreating from the market at a near‑record pace, with 5.8% of active U.S. listings pulled—tying the highest share since March 2020. Relistings rose to 2.5% of homes, the strongest rate since the pandemic’s onset. The...
May 2026 Monthly Housing Report: Sellers Are Meeting the Market—And Buyers Are Showing Up
May 2026’s housing report shows the market weathering higher inflation and mortgage rates by adjusting prices rather than retreating. Median list prices fell 2.4% year‑over‑year to $429,500, the steepest decline since 2017, while pending sales rose 4.3% YoY, extending a...
Home Listing Prices Post Sharpest Drop in 9 Years as Sellers Face Reality Check
Home prices in May fell 2.4% year‑over‑year to $429,500, marking the steepest annual decline since 2017. Sellers are pricing more realistically, with the share of listings receiving price cuts dropping to 17.5%. Meanwhile, homes under contract rose 4.3% YoY, showing...
Insurance Costs and Climate Exposure Are Repricing Real Estate Risk
At the 2026 ULI Resilience Summit, industry leaders warned that rising insurance costs and heightened climate exposure are fundamentally reshaping commercial‑real‑estate valuation and investment strategy. Regulators and standards bodies such as California’s climate‑risk law and the International Sustainability Standards Board...
US Home Prices Hold Steady as Spring Market Finds Its Footing
US single‑family home prices rose modestly in April 2026, gaining 0.3% year‑over‑year and 0.4% month‑over‑month, according to Cotality’s Home Price Index. The pace, a 0.8% climb since January, signals a slowdown after years of faster growth and reflects renewed mortgage‑rate...
European Partnership to Target Secondary Real Estate NPL Trades
European investors have launched a new partnership centered on secondary market real‑estate non‑performing loans (NPLs). Luxembourg‑based APS Holding will lead the effort, targeting the residual slices of larger NPL portfolios that original buyers have left behind. The collaboration seeks to...
MJW Debuts Its First Fund
MJW Investments, a Sawtelle‑based real‑estate firm with $1.5 billion in assets under management, announced its first student‑housing fund targeting $75‑100 million of capital. The vehicle requires a $100,000 minimum investment and includes MJW’s own $4.5 million stake. It will acquire six to eight...
Patrick Southern of Serhant: 5 Questions
Patrick Southern, a two‑decade Jersey City real‑estate veteran, joined Serhant in 2025 after a career spanning mom‑and‑pop firms, an Australian‑backed brokerage, and Coldwell Banker. He closed 376 contracts last year—roughly one deal per day—by leveraging disciplined lead generation and a...
Behind Blackstone’s Newfound Commitment to Finance Home Construction
Blackstone Real Estate Debt Strategies announced a homebuilder lending platform that will finance the construction of more than 50,000 for‑sale single‑family homes each year, tapping its $78 billion real‑estate debt platform and partner Brio Homebuilder Solutions. The initiative seeks to narrow...
Qualitas Makes the Structural Case for Australian Real Estate Private Credit
Qualitas argues that a confluence of demographic momentum, banks pulling back, and chronic housing undersupply creates a durable niche for private credit in Australian commercial real estate. The firm highlights that the country’s population is set to add over a...
House Prices Will Fall by Two per Cent This Year – the Most Since the Financial Crisis
Savills forecasts UK house prices to decline by 2% in 2026, the first nominal drop of that magnitude since the 2008 financial crisis. The downturn is driven by sharply higher mortgage rates after the Iran war, with two‑year fixed rates...
Existing Home Prices Outpace New Homes for 4th Straight Quarter
For the fourth consecutive quarter, existing‑home prices have eclipsed new‑home prices, with the median existing home about $1,400 higher than the $403,200 median for a new home in early 2026. New‑home values slipped 4.7% over the past year, while existing‑home...
Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center
Sterling Bay and Newmark have closed a $290 million refinancing of Pacific Center, a newly built 525,000‑square‑foot Class A life‑science campus in San Diego’s Sorrento Mesa. The deal includes $162.5 million of future funding earmarked for leasing incentives and carry reserves. Financing was...
REMIC Share Grows at Ginnie Mae, Fannie Mae and Freddie Mac
Global demand is driving a sharp rise in agency REMIC issuance, with Ginnie Mae, Freddie Mac and Fannie Mae collectively issuing more than $57 billion in March—well above the typical sub‑$50 billion monthly average. Ginnie Mae alone accounted for $80 billion, representing 40%...
Higher Rates Chill U.S. Mortgage Demand in May
U.S. mortgage applications dropped 8.5% in the week ending May 22 as the average 30‑year fixed rate climbed to 6.65%, the highest level since August 2025. Refinancing activity slumped 18% and fell to 37.5% of total applications, the lowest share...
Landlords Gain Leverage in Logistics Rentals
Cushman & Wakefield’s Waypoint 2026 report finds global logistics real‑estate is shifting toward landlord power as vacancy tightens and construction costs rise. Tenant‑favorable markets are projected to drop from 52 % in 2026 to 33 % by 2029, while landlord‑favorable conditions rise...
Prominent Landlord Sandy Sigal On the Lasting Premium in Retail
Sandy Sigal, founder of NewMark Merrill, oversees more than 110 shopping centers valued at over $3 billion across California, Colorado and Illinois. He says capital is flooding into retail properties while new construction remains scarce, driving rent growth and pushing foot...
New Residential Raises $438.8 Million in Its Latest MBS
Rithm Capital has launched the 2026‑NQM7 series of the New Residential Mortgage Loan Trust, raising $438.8 million by securitizing a $890 million pool of primarily fixed‑rate residential mortgages. The bonds are structured into Class A, M and B notes with distinct first‑cash‑flow (FCF)...
IRES REIT: New Rent Rules Boosting Dublin Residential Investment
Irish Residential Properties REIT (IRES REIT) reported that Ireland’s new rent‑regulation reforms are already boosting activity, with Q1 occupancy and rent‑collection rates staying above 99%. Net rental income margin held steady at 78% while the REIT completed a €31.75 million (~$34.6 million)...
RAW Design Pivots to Smaller Density Builds as Ontario’s Highrise Condo Market Stalls
RAW Design Inc., a Toronto‑based architecture firm, is shifting its focus from high‑rise condo projects to smaller‑scale, mid‑rise developments as Ontario’s condo market stalls. The firm is targeting affordable rental housing in secondary markets such as Peterborough, Brockville, Whitby, Hamilton...
Zillow Predicts Major Mortgage Rate, Housing Market Change
Zillow has revised its 2026 housing outlook, cutting home‑value growth to a modest 0.1% and projecting a 1.2% rise in existing home sales. Mortgage rates have eased slightly to around 6.5% but remain high amid ongoing geopolitical tension and rising...
Wage Growth Softens the Sting of Rising Mortgage Payments
Mortgage payments edged higher in April as the 30‑year conforming rate rose, pushing the median purchase mortgage payment to $2,152, the highest level since last June. Despite the rate increase, wage growth of 5.3% year‑over‑year helped keep affordability from deteriorating...
Industrial Real Estate Is Tightening Again, and Now It Favors Last-Mile Owner-Operators
Industrial real estate is moving from a post‑COVID oversupply phase to a tightening market, driven by reduced construction pipelines and strong tenant demand. Link Logistics, which operates roughly 0.5 billion square feet and handles about 5% of U.S. GDP, reports record...
Brooklyn’s Luxury Deals Pick up Speed
Brooklyn’s high‑end market accelerated last week as 32 contracts above $2 million closed, spending an average of just 46 days on the market—the shortest period this year. Buyers signed for 10 condos, one co‑op and 11 single‑family homes, generating $97 million in...
Citycon Signs Non-Binding LOI for €400m Finland Asset Divestment
Finland‑based retail property owner Citycon has signed a non‑binding letter of intent to divest a portfolio of Finnish assets for €400 million (approximately $436 million). The transaction will be executed by an undisclosed buyer, while Citycon will retain responsibility for property‑management services...
Financing a Modular or Manufactured Home: Your 2026 Loan Guide
Factory‑built housing is shedding its stigma as buyers chase lower per‑square‑foot costs and strong equity growth. The global manufactured‑home market is slated to reach $30.5 billion in 2026 and $42.7 billion by 2031, while appreciation since 2000 mirrors site‑built homes at roughly...
Mortgage Rate Rebound Dims Spring Affordability Gains
Housing affordability improved 7.8% year‑over‑year in March 2026, helped by lower mortgage rates and faster household‑income growth. The average 30‑year fixed rate rose from 6.05% in February to 6.18% in March and reached 6.51% by late May, trimming the affordability...