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:
BP Signs Lease for New Global HQ at Landsec’s Timber Square
BP has signed a 192,000 sq ft lease with Landsec for its new global headquarters at Timber Square in London’s Bankside. The agreement covers the entire 15‑storey Ink building within the 365,000 sq ft Timber Square scheme, which is now 54% let at completion. Landsec says the deal underscores strong demand for highly connected, sustainable workspaces, echoing recent leasing momentum at its MYO King’s Cross development. The lease positions BP alongside other firms seeking net‑zero office environments in premium city locations.
Homes for Sale in Manhattan and Queens
A Chelsea co‑op listed at $865,000 offers a one‑bedroom, one‑bath unit of roughly 800 sq ft on the seventh floor of a 16‑story post‑war building. The property includes a galley kitchen, open living/dining space, ample closets, and building amenities such as a...
In N.C., Stokes County Approves a Data Center Rezoning, Triggering a Citizens’ Lawsuit
Stokes County commissioners voted 3‑2 to rezone 1,844 acres for a massive data‑center project, overruling the local planning board and approving the request from Engineered Land Solutions. The rezoning was approved without a detailed site plan, tenant identification, or verified...
The Reality of Owning – and Restoring – a Château
Owning a French chateau is a dream that comes with massive renovation costs and lengthy timelines. Interior designers like Timothy Corrigan reveal that roof replacement alone can cost €5.5 million, often surpassing the purchase price. The French market lacks a general‑contractor system,...
What Will the Renters’ Rights Act REALLY Mean for Letting Agents?
The Renters’ Rights Act forces letting agents to rethink revenue models, pushing many toward rent‑collection and full‑service management to avoid refunds on short tenancies. Agents must reassess minimum letting‑fee terms because frequent turnovers will erode profitability under the unchanged fee...
How TikTok Shop Predicts Sales
TikTok Shop is emerging as both a discovery engine and a conversion platform for beauty brands, influencing purchases across in‑app, e‑commerce, and physical retail channels. The platform’s halo effect has generated double‑digit growth in brick‑and‑mortar sales and a measurable lift...
Melbourne’s Manhattanisation Won’t Deliver Affordable Homes
The Albanese government aims to deliver 1.2 million new homes by 2031, focusing on high‑rise towers in Melbourne. The Victorian Allan administration has lifted height limits in 25 suburbs, permitting up to 20‑storey buildings to be planned within weeks. Critics argue...
James Holbrook - Eliminating Industrial Real Estate Inefficiencies
In this episode, James Holbrook, founder and executive chairman of WearHub, discusses how proptech is evolving from fixing isolated pain points to redesigning market structures, using industrial real estate as a case study. He explains his 20‑year journey from brokerage...
Henry Boot Completes £8.6m Sale of Prime Retail Asset in Warminster
Henry Boot’s property arm HBD has sold a 29,350‑sq‑ft supermarket and three adjoining retail units anchored by Waitrose in Warminster for £8.6 million to a UK real‑estate investment trust. The asset, fully let on a two‑acre site, delivers an 82% income...
Mag Mile Capital Secures $24M Construction Loan for Cleveland Multifamily Project
Mag Mile Capital, Inc. arranged a $24 million construction loan for an 87‑unit, 128,000‑sq‑ft multifamily development at Belle Oaks Marketplace in Richmond Heights, Ohio. The loan is funded by a private‑credit debt fund at 80% loan‑to‑cost and a floating rate of 600 bps...
Zoopla Updates Boost Housebuilder Leads
Zoopla reported a 21% year‑on‑year increase in new‑home searches, driving a 53% jump in leads delivered to housebuilders in 2025. The platform introduced map‑view listings and enhanced contact capture on virtual tours, making new‑build developments more discoverable. Search activity for...
Tall Buildings Lead to More Compact and Productive Cities
The paper investigates how building‑height limits affect urban productivity and land use. Using a global dataset of 11,000 agglomerations and 300,000 tall structures, the authors exploit variations in bedrock depth as an instrument to isolate the causal impact of vertical...
3.1M SF Logistics Park Slated For Oakley In East Bay
Oakley’s city council approved the Bridgehead Industrial Project, a 3.2 million‑square‑foot logistics campus on 164 acres of eastern Contra Costa County. The development will consist of ten buildings, with construction slated to take six to ten years, and will become the largest...
Cherry Creek Demolition Will Make Way For 13-Acre Mixed-Use Project: The Denver Deal Sheet
East West Partners has begun demolishing two former retail buildings at First Avenue and University Boulevard to make way for Cherry Creek West, a 13‑acre mixed‑use development in Denver. The project will ultimately deliver 840 residential units, 600,000 square feet...
Transwestern Brokers IHDA Lease at Michigan Plaza
Transwestern announced that the Illinois Housing Development Authority (IHDA) has signed a 72,645‑square‑foot lease at Michigan Plaza, occupying space in the 225 N. Michigan Avenue tower. The lease was brokered for the landlord, Aegis Asset Management, by Transwestern executives, while Avison Young...
MacKenzie Commercial Real Estate Tapped to Lease VA Mixed-Use Development
MacKenzie Commercial Real Estate Services has been chosen as the exclusive leasing broker for Culpeper Corner, a speculative mixed‑use development in Culpeper, Virginia. The project will comprise two buildings with over 21,000 sq ft of office and retail space, delivering 13 leaseable...
Gantry Secures $12M Refinance for Portland Region Industrial Property
Commercial real‑estate financing firm Gantry has arranged a $12 million permanent loan to refinance debt on two industrial warehouses in Hillsboro, Oregon. The 10‑acre site comprises 192,000 rentable square feet, including a 152,000‑square‑foot single‑tenant building and a 40,000‑square‑foot multi‑tenant flex space....
Northshore Mall in Peabody Adding Shake Shack,Fogo De Chão
Northshore Mall in Peabody, Massachusetts is expanding its tenant mix with the addition of Fogo de Chão and Shake Shack, marking the first North Shore locations for both brands. The mall also welcomed Old Navy and a renovated Foot Locker featuring a Kids Foot Locker concept....
South Jersey 1‑Bedroom Rents Span $1,300‑$2,045
Average Rent – 1 Bedroom (South Jersey) Cherry Hill, NJ – $2,040  Glassboro, NJ – $1,600 Vineland, NJ – $1,600  Collingswood, NJ – $1,670  Haddon Township, NJ – $1,750 Marlton, NJ – $1,800 Millville, NJ – $1,300 Atlantic City, NJ – $1,450 Moorestown, NJ - $2,045 Deptford, NJ -...
FHFA Loosens Insurance Rules Targeting Condos, Rural Loans
The Federal Housing Finance Agency (FHFA) announced new insurance flexibilities for single‑family condominiums and rural mortgages, allowing actual‑cost‑value (ACV) coverage for roofs while keeping replacement‑cost standards for the rest of the property. The rule also streamlines the maximum per‑unit deductible,...
Mortgage Rates Move Back Up Near Recent Highs
Mortgage rates rebounded Wednesday, climbing to the highest levels seen in several months after three rapid repricings. A stronger-than-expected Producer Price Index lifted inflation expectations, while a $6 jump in crude oil pushed bond yields higher. Fed Chair Jerome Powell’s...
CBRE, Savills Launch Thompson Center Leasing As 2,000 Google Employees Prepare For Move-In
Google is preparing to move roughly 2,000 employees into Chicago’s historic Thompson Center in 2027, after purchasing the 1.2 M SF building for $105 M. The company has appointed CBRE to manage office leasing and Savills to handle retail leasing, with 14 retail...
Bank Of Hope Moves HQ To Aon Center In 50K SF LA Lease
Bank of Hope has signed a roughly 50,000‑square‑foot lease at the Aon Center, 707 Wilshire Blvd, moving its headquarters from the outskirts of Los Angeles to downtown. The deal was brokered by Colliers and Avison Young, with Carolwood LP as the landlord. The...
Kansas Property Tax Reform Should Prioritize Neutrality and Minimize Economic Distortions
Kansas lawmakers advanced two property‑tax reforms: Senate SCR 1616 would cap assessed‑value growth at 3 percent annually, while House HB 2745 would impose a 3‑percent levy limit with a voter‑protest mechanism and an exemption for school districts. The assessment limit risks creating gaps...
Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U.S.
Marcus & Millichap’s 2026 Retail Investment Forecast ranks Charlotte and Raleigh as the top two U.S. retail markets. Charlotte posted a 3.5% vacancy rate, driven by big‑box and discount‑store leases, while Raleigh‑Durham held a 3.0% vacancy rate, buoyed by small‑shop...
Top Homebuilders Trust ResiClub for Data-Driven Decisions
Teams inside major homebuilders, lenders, and operators are using ResiClub research and analysis to inform real decisions—including firms like Meritage Homes, a giant homebuilder ranked No. 554 on the Fortune 1000. That’s exactly what we’re aiming for: clear, data-driven housing market...
Faraday Future to Downsize HQ With 99K-SF Office in El Segundo
Faraday Future announced it will relocate its headquarters from a 146,000‑square‑foot campus in Gardena to a 99,209‑square‑foot facility owned by a Fortress Investment Group affiliate in El Segundo. The move, the company’s first headquarters change in its 12‑year history, is...
Mamdani Launches Program for Homeowners to Plan and Finance ADUs
Mayor Zohran Mamdani announced the Plus One ADU program to simplify creation of accessory dwelling units in New York City. The initiative provides an ADU guidebook, an online application portal, and a library of pre‑approved plans managed by the Department...
Ken Griffin and Goldman Properties Land $118M for Wynwood Office
Ken Griffin and Goldman Properties secured a $118 million loan from J.P. Morgan Chase to finance 545 Wyn, a 10‑story office tower in Miami’s Wynwood district. The duo purchased the 499,370‑square‑foot asset for $180 million in January, just three months after acquiring it. The...
2 Residential REITs to Consider Despite Persistent Market Headwinds
The residential REIT sector is grappling with excess supply, uneven demand and rising operating costs, which are compressing rent growth and margins. Despite these near‑term headwinds, fundamentals such as limited for‑sale housing and strong household formation keep occupancy stable. Equity...
IMB Profits Drop Sharply Even as Volume Surges in Q4
Non‑bank mortgage lenders reported a sharp 44% decline in net production profit per loan in Q4 2025, falling to $674 from $1,201 a quarter earlier, even as origination volume rose to $643 million per company. The industry’s profit margin slipped to 17...
Multi‑Stream Daycare Model Targets $100M Equity in Five Years
Business idea: Raise $25,000,000 to build 5 premium 15,000 SF daycares. 3 acre lots. 3 businesses: 1 is the real estate holding company that owns the properties. $500k annual rent each NNN. Portfolio worth $35 million + a few months after you open...
Get a Year of Mortgage‑Free Payments on New Home
You've heard of big mortgage rate buydowns... But what about NO mortgage payments for an entire year when you buy a new home?
Provo Rejects Data Center Rezoning Proposal
The Provo City Council unanimously rejected Timpanogos Tech Center’s request to rezone industrial‑commercial land for a new data center. Council members cited a pending city‑wide economic development study, agreeing to defer the decision until the plan is finalized in late...
San Francisco's Pandemic‑Era Inventory Has Vanished Completely
Gave a quick talk for agents in San Francisco today. Would you be surprised to learn that all the pandemic-era inventory in the city is completely gone? We really are in the next era of the housing market https://t.co/JmnzqbgEMn
Housing Market Shows Fragile Early Green Shoots
Spoke with @SchwabNetwork about the outlook for the housing market. Some fragile green shoots are beginning to emerge. https://t.co/AnXqQAj4mN
Commercial Real Estate Fundraising On The Rise For First Time Since 2021
Private real estate fundraising rose to $172 B in 2025, a 13 % increase from 2024 and the first year‑over‑year growth since 2021. The surge occurred despite persistently high 10‑year Treasury yields above 4 % and a cautious capital‑markets environment. Nearly 90 % of...
Mortgage Rates Dip, Spread Hits 206 Bps
The average 30-year fixed mortgage rate today: 6.31% Same day last year: 6.78% 10-year Treasury yield today: 4.25% Spread today: 206 bps
San Francisco Lags Sacramento in Closed Home Sales
What do you notice about San Francisco compared to Sacramento? These are closed home sales so far this month. https://t.co/BK12H6rwip
Completion of Disposal of Cuckoo Bridge Retail Park, Dumfries
NewRiver has completed the sale of Cuckoo Bridge Retail Park in Dumfries for £26.5 million, delivering a net initial yield of 6.9% and meeting the targets set out in its Q3 update. The transaction brings total FY26 disposals to £110 million, lifting...
Housing Bubbles Vary: Some Cities Plunge, Others Soar
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, February 2026. Each city has its own housing market. In some, home prices have dropped a lot; in others, prices have hit new highs https://t.co/ILCCiyvcIJ https://t.co/AfImn5LKKw
US Home Insurance Premiums Set to Rise Again in 2026
US home insurance premiums are set to rise for a fifth straight year in 2026 and other stories in today’s Green Daily newsletter https://t.co/sBscWF0Bfq
Questioning the Longevity of New Businesses in Industrial Spaces
How long do you give this new business before it’s converted back into industrial space? https://t.co/PQYWiJMDFW
NYC Small Landlords Forced to Sell Amid Rent Freeze
Small #NYC landlords looking at extinction? #MayorMamdani's #rentfreeze+higher prop #tax pushes Natalia, a 2-generation owner, into selling. 'Reviewing the numbers, it's not getting better' #realestate #CRE #multifamily https://t.co/MGxq2CV4jn via @WSJ
A‑List Pulls Investors Into San Vincente Club Sale
Yet another reason why it's good to be on the A-list. #SanVincente looking at a partial sale of its celeb-filled clubs in #NYC+#LA, testing investor appetite for booming scene. #realestate #CRE #retail #GoldmanSachs #JeffKlein #hotel #Ohana https://t.co/mPfp5WN48k via @WSJ
Mortgage Spreads Hold up Despite Global Turmoil
Considering what is going on in the world, not bad. Hug a mortgage spread https://t.co/p5DPczjpvY
Luxury 48th‑Floor Boston Condo Listed at $5.31M
If you don't mind choo-choos in your basement, here's a #Boston #condo w/a $5.31M ask for you. 48th floor over #SouthStation. Wide-angle views of #BostonHarbor+city skyline. 70% of the tower is commercial. #RitzCarlton #realestate #mortgage #masstransit https://t.co/zUUGVlzrHb
Refinance Demand Drops 19% as Rates Surge
#Mortgage refinance demand plunges 19% after interest rates shoot higher https://t.co/qypWBX8GTm @mortgagenewsmnd @MBAMortgage #realestate #realestateinvesting #housing
Fitness and Spa Spaces Replace Retail in U.S. Real Estate
American materialism h/evolved: Now being good to your body ie via gyms+spas takes precedence over buying stuff. Service tenants outleased those oriented toward selling things. #retail #realestate #CRE #CoStar #fitness #salons https://t.co/L07bwds33i via @WSJ
Homebuilder Outlook Improves: Inventory Stabilizes, Costs Decline
[@opinion] My housing friends may think I'm early, but I think the outlook for homebuilders has shifted from 🔴to 🟡 this year -- resale inventory is stabilizing, costs are coming down, and they've made a big enough dent on affordability...