Today's Real Estate Pulse
Berkshire Hathaway to Acquire U.S. Homebuilder in $6.8B Deal
Berkshire Hathaway, now led by CEO Greg Abel, announced a $6.8 billion acquisition of a U.S. homebuilder, marking the conglomerate’s first major entry into residential construction. The purchase is intended to add stable, long‑term cash flow from the housing sector to Berkshire’s portfolio.
Also developing:
Spring's Hot Housing Market Just Ran Into a Problem
Spring 2024 home‑buying kicked off strong as mortgage rates fell near 5.95%, boosting affordability and sparking the sharpest monthly price gains in over a year. By late March, 30‑year rates climbed to about 6.35%, raising the average monthly principal‑and‑interest payment to $2,169 and shaving roughly 4% of buying power from consumers. Inventory continued to improve, up 8% year‑over‑year, yet remains 11% below pre‑pandemic levels and varies sharply by region. Meanwhile, higher rates have cut the pool of borrowers eligible for refinancing by roughly 60%, signaling a shift toward market normalization.
Seeking Nashville Meet‑up at Home Equity Conference
If anybody on here is in Nashville this week for the home equity investment & lending conference let me know - would be great to connect. I’ve been trying to get closer to this space the last few years, as...
Nelson, JPMorgan Take 2nd Shot at Selling LES Rental
Nelson Management and JPMorgan are marketing the 19‑story, 256‑unit Two Bridges building at 275 South Street for over $180 million, leveraging a 30‑year Article XI tax abatement that caps property taxes at 5 percent of income through 2055. The asset, purchased for $115 million...
From Listing to Closing: Flat Fee MLS Timeline for 2026
Lowes Flat Fee Realty’s 2026 Northwest flat‑fee MLS service outlines a day‑by‑day timeline that takes a home from preparation to closing in roughly 45‑75 days. Listings go live within one to two business days and receive automatic syndication to major...
Matan Cos. Breaks Ground on 10,175-Square-Foot Retail Strip Center in Metro Washington, D.C.
Real estate developer Matan Cos. has broken ground on a 10,175‑square‑foot retail strip center at 715 Progress Way in Gaithersburg, Maryland, about 15 miles northwest of Washington, D.C. The project sits on a one‑acre parcel and is part of a...
Atlas Hill, Centennial Sign Four New Tenants and Expand Lululemon at Annapolis Mall
Atlas Hill RE and its partner Centennial have secured five new tenants for Annapolis Mall, a 1.6 million‑square‑foot super‑regional center in Maryland. Aéropostale will debut in June, POP MART in the fall, and Abercrombie & Fitch in November, while Miss A adds one of its...
Mexican Billionaire Is Mystery Tenant Behind 9 West Record Office Lease
Mexican billionaire Gonzalo Hevia Baillères, founder of AI logistics firm Lok, signed a record $327.50 per square foot lease for 5,063 sq ft at 9 West 57th Street. The 10‑year deal, executed through his holding company HBeyond, sets a new Manhattan office rent benchmark. It...
NYC Multifamily Filings Spike to 12-Year High
Developers submitted plans for 11,984 multifamily units in March, the highest monthly total in twelve years and the second‑largest in two decades. The surge was driven mainly by new construction, with 11,189 units across 137 applications, plus 795 units from...
Realtor.com Finds Surge in Home Price Cuts Across Texas, Florida, Arizona
Realtor.com’s February 2026 analysis reveals that price cuts appeared on one in five active listings across nine major metros, with Texas, Florida and Arizona leading the trend. Elevated mortgage rates, rising insurance premiums and higher property taxes are forcing sellers...
Wealthy New Yorkers Flee to Florida, Opting to Rent Over Buying as Luxury Market Booms
A wave of affluent New Yorkers has poured into South Florida, delivering $20.65 billion in adjusted gross income between 2019‑2023. Despite earnings averaging $178,000, many are renting, with the share of $100k+ households renting rising to 24% in 2024. The trend...
US Stocks: National Healthcare Properties Moves Closer to Public Markets with US IPO Filing
National Healthcare Properties filed a confidential U.S. IPO prospectus, positioning the senior‑housing and healthcare REIT for a Nasdaq debut under the ticker NHP. The filing follows the $966 million Janus Living IPO and reflects a broader resurgence of REIT offerings amid...
Morningstar DBRS Confirms Credit Ratings on All Classes of CSAIL 2015-C1 Commercial Mortgage Trust
Morningstar DBRS confirmed the credit ratings for all classes of the CSAIL 2015‑C1 Commercial Mortgage Trust, assigning AA (low) to Class B and X‑B, A (low) to Class C, CCC to Classes D and X‑D, and C to Classes E,...
Milwaukee Weighs $500‑plus Million Public Hotel to Boost Baird Center
Milwaukee’s Wisconsin Center District is reviewing a proposal for a 650‑room, publicly financed hotel attached to the Baird Center, aiming to close its hotel‑room gap with rivals. The plan mirrors Columbus, Ohio’s publicly owned Hilton expansion, which lifted nearby room...
Michael Stern's Mercedes-Benz Condo Project Hit With Foreclosure Suit
JDS Development Group’s Mercedes‑Benz Places tower in Brickell faces an $80.4 million foreclosure lawsuit filed by a Cottonwood affiliate after the developer’s bridge loan defaulted. The 67‑story, 791‑unit mixed‑use project, branded with Mercedes‑Benz, was financed with an $86 million acquisition loan that...
Office Space Report: 4 Out Of 5 Executives Lack Occupancy Data
A new Butlr survey reveals that four out of five commercial real‑estate and facilities executives lack reliable spatial occupancy data, hampering space‑planning decisions. The report shows that 24% of unoccupied office areas are still heated and cooled, driving unnecessary energy...
Ulta Doubled Store Fulfillment Capabilities in 2025
Ulta Beauty doubled its ship‑from‑store locations to over 1,000 U.S. stores in fiscal year 2025, up from about 500 the prior year. The expansion was powered by an AI‑driven order‑management system, while the company kept its existing distribution‑center network and...
Unsurprising
The US‑Israel‑Iran war has reignited an energy shock, spurring inflation and pushing bond yields higher, which in turn lifted Canadian mortgage rates from roughly 3.5% in February to about 4.2% today. Higher borrowing costs are dampening demand across Canada’s housing...
Senior Housing REIT Eyes IPO After Posting Years Of Losses
National Healthcare Properties (NHP), a self‑managed senior‑housing REIT, disclosed a confidential plan to launch an initial public offering. The company reported a $58 million net loss for 2025 after property losses of $203 million in 2024 and $86 million in 2023. Its portfolio...
Identify Good Real Estate, Not Just Cap Rates
// HOW TO HIT A HOME-RUN // A basic framework for finding deals that have the potential to be home-runs (3x+ return in 5 years or less) Most people think it's impossible but it's actually quite simple (but not easy) once you...
Placer.ai March 2026 Mall Index: Edge Growth, Midday Risk – Placer.ai Blog
Placer.ai’s March 2026 Mall Index shows Q1 traffic up YoY across indoor, open‑air and outlet formats, but March saw a slowdown. Indoor malls slipped 1.1% and outlet malls 4.1% YoY, while open‑air centers still posted a modest 3.2% gain. Growth is...
FDIC Finds TILA Non-Compliance Top Issue in 2025
The FDIC’s 2025 Bank Examination Report identified Truth‑in‑Lending Act (TILA) non‑compliance as the most prevalent regulatory breach among U.S. banks. Roughly 28 % of surveyed institutions received TILA citations, translating to an estimated $1.2 billion in consumer‑harm costs. The agency warned that...
Garry Marr: With Housing Prices Flat, the High Cost of Moving Has Never Been More Clear
Canadian homeowners face steep transaction costs as housing prices remain flat. Broker commissions of 4‑5% (about $37,000 USD on a $1 million CAD home) plus land‑transfer taxes near $24,000 USD and legal fees add up to roughly 10% of a property’s value. The Canada...
Governments Prioritize High‑Rise Construction Over Desired Single‑Family Homes
Let's Just Admit It: All Levels Of Government Have Worked To Destroy The Type Of Housing Most People Actually Want For the majority of Canadians, they're dream of Homeownership is still a Single Family Home But we don't build many anymore And it's...
AI Impact on Office Markets Won’t Be as Bad as Many Think, Newmark Says
Newmark’s latest report tempers fears that artificial intelligence will devastate office markets, arguing that the impact will be uneven. High‑quality, collaboration‑focused spaces are expected to stay resilient, while lower‑grade, commodity offices may see modest vacancy increases. The firm projects office‑using...
More Hours Don’t Scale; Focus on Smarter Strategies
Putting in more hours is great to a point but it doesn’t scale. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Rooftop Leases: Why Multifamily Owners Hold Unique Wireless Leverage
Rooftop leases have become a strategic asset for multifamily owners as carriers seek elevated, high‑capacity sites in dense urban markets. Buildings that can support antenna arrays without costly structural upgrades give carriers a ready‑made platform, bypassing the lengthy entitlement process...
RXR Files Supersize Plans for 175 Park Supertall
RXR and TF Cornerstone have filed plans for a 95‑story, roughly 3 million‑square‑foot supertall at 175 Park Avenue next to Grand Central Terminal. The mixed‑use tower will combine office space, a hotel, retail, bike storage and a bar, with construction slated to...
Increasing Non-Qualified Mortgage Delinquencies Remain Within Bounds
Fitch Ratings’ February remittance data shows non‑qualified mortgage (NQM) delinquencies climbing year‑over‑year, driven largely by the 2023 vintage. The broader NQM sector’s 30‑plus delinquency rate rose to 7.26% (up 118 basis points) and 90‑plus to 3.61% (up 81 basis points),...
Coworking Vs. Traditional Office Space: Which Is Right for Your Business?
The commercial real‑estate landscape is tilting toward flexible workspace, with coworking locations now numbering nearly 9,000 in the U.S. and representing just over 2% of office inventory. Traditional office vacancies have fallen to 17.6%, giving tenants more leverage but still...
News Roundup for April 6, 2026
Toronto’s iconic One Yonge development faces resident backlash over a modest plaza that offers little public space. The TTC announced extended operating hours and additional trains for the Eglinton Crosstown LRT in its next rollout phase. Premier Doug Ford unveiled...
Inventory Near 2019 Levels Signals Slower Home Price Growth
Back when I worked at Fortune in early 2022, as it became clear the Pandemic Housing Boom was nearing its final inning, I suggested to readers that a quick-and-dirty metric to follow in the post-pandemic period would be active inventory...
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
Chintels India Ordered to Pay $480K to Gurgaon Flat Buyer After Collapse
Chintels India Private Limited has been ordered by the Haryana real‑estate regulator to pay Rs 4 crore (≈$480,000) to a buyer of a flat in the collapsed Chintels Paradiso tower in Gurgaon’s Sector 109. The decision follows a tragic building failure that killed...
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
Passive‑House Mixed‑Income Apartments Set New Sustainability Standard
"The Wellington, a six-storey, mixed-income uptown apartment complex built to Passive House standards. Comprising a mix of market-rate and affordable units as well as fully accessible apartments." #passivhaus #passivehouse https://t.co/BtVuK9Wn2X https://t.co/u4vYPAGDs3
Eight-Story Development Proposed at 1233 S. Bedford St. In Pico-Robertson
Terra Capital has filed an entitlement request to replace a four‑plex at 1233 S. Bedford Street with an eight‑story, 44‑unit multifamily tower in Pico‑Robertson. The project seeks citywide housing incentives to exceed zoning limits, offering 24 parking spaces and a...
UK’s Largest Certified Passivhaus Unveiled at Urbanest Battersea
"Designed by AHHM, Urbanest Battersea recently became the UK’s largest certified Passivhaus development after passing a demanding series of airtightness tests... comprises three student residential buildings and..." #passivhaus #passivehouse https://t.co/IdQLWVCRqf https://t.co/jvk0PyCNSS
Buyers Can Secure Seller Concessions for Repairs, Costs
Good news for buyers. It’s possible to get a little help from sellers. Concessions are things like a credit for repairs, credit for closing costs, or buying down the rate. This is not agent compensation. Any thoughts? https://t.co/CX6TtHFfE5
WestProp Launches 20,000‑unit Chivhu Eco City with Zimbabwe's First 30‑year Mortgage
WestProp Holdings announced the Chivhu Eco City project, a 5,000‑hectare development delivering 20,000 residential units and offering Zimbabwe's first 30‑year mortgage. The launch signals a shift toward secondary‑city growth and proptech‑driven affordability.
Shelter Now
Since over 40% CPI is shelter, anyone doing dual axis war crimes needs to imply that shelter and housing are about to take off like it did in the mid to late 1970's https://t.co/kFRdJ1fDGu
SF Housing Market Diverges Sharply From National Trends
The San Francisco housing market is disconnected from national data. Remember the negative year-over-year inventory data from Florida, it was working from elevated levels too 🫡 https://t.co/S838PdvONt
Large Eldercare Complex Proposed at 14550 Delano St. In Van Nuys
A new eldercare development is proposed at 14550 Delano Street in Van Nuys, replacing an auto‑repair shop. The seven‑story project would contain 223 residential units, including 45 moderate‑income and 178 low‑income apartments, plus a ground‑floor manager’s unit and adult day health...
Vacant Space Gets No Tax Break; Fix Crime, Homelessness
Contrary to what many people seem to believe, there is no tax incentive to keep space vacant. If you want more retail in Downtown LA, focus on the forces preventing entrepreneurs from opening new businesses there: Crime, disorder, homelessness, and so...
Economic Impact Studies Are Just Developer‑sponsored Fluff
The people behind these commissioned economic impact "studies" are such con-artists, they don't even bother to not admit on the record that they pretty much just fluff up whatever numbers developers give them. https://t.co/y2BTjaGWmI
The 29-Story Timber Skyscraper ‘Energizing’ Downtown St Louis
AHM Group is set to break ground on “The 314,” a 29‑story, 287‑unit mixed‑use tower in downtown St. Louis that will be built primarily with cross‑laminated timber. The $232 million project, backed by $171 million in municipal bonds and a sales‑tax exemption,...
Southwark Council Greenlights 71‑unit Passivhaus Almshouse
"Southwark Council has approved a proposal drawn up by Mae for a replacement almshouse scheme... for later living accommodation provider Southwark Charities, is a 71-unit almshouse north of Burgess Park" #passivhaus #passivehouse https://t.co/z1EVCiGlIT https://t.co/K9CIeNlGDv
Local Authorities Scale Affordable, High‑Performance Passive Homes
"Elm Grove demonstrates how local authorities can deliver certified Passive House homes at scale, combining high performance, comfort, and affordability, while addressing both the climate emergency and local housing need." #passivhaus #passivehouse https://t.co/7nPUqcqxqj https://t.co/zS6n1x5SaN
Caisson Permit Issued for Development at 4006 N. Sheridan
Catapult Real Estate Solutions received a caisson permit to replace the existing building at 4006 N. Sheridan with a seven‑story mixed‑use tower. The development will contain 91 rental units—11 studios, 46 one‑beds, and 34 two‑beds—plus 2,050 sq ft of street‑level retail and...
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This Dallas Suburb Is an Affordable Destination for Active Retirees
Grand Prairie, Texas, ranks among the 100 best U.S. retirement spots, offering warm weather and a low cost of living. The median home price sits at $308,416, roughly half the price of nearby Frisco, while renters pay about $2,205 monthly....
Karnataka Government Urged for Fast-Track Implementation of PM MITRA Textile Park
The Kalyana Karnataka Chamber of Commerce and Industry urged the state government to fast‑track the PM MITRA textile park after a site visit revealed modest progress, including a Rs 100 crore (~$12 million) investment, a 1.5‑km entrance road under construction, and a 110‑metre stretch...