Know What's Happening in Real Estate
Know What's Happening in Real Estate
New Owners Propose $1.5B Revitalization of Kansas City’s Country Club Plaza
The Country Club Plaza, the nation’s first outdoor shopping center, faces high vacancy and aging infrastructure. A new ownership group unveiled a $1.5 billion redevelopment plan that would add 750 apartments, about 645,000 sq ft of office space, 278 hotel rooms, a park and expanded walkways.
Carolina Commercial has launched an $18 million renovation of the 250,000‑square‑foot Biggs Park Mall in Lumberton, North Carolina. The project adds new anchors T.J. Maxx, Burlington and Five Below, while converting the former 40,000‑square‑foot JCPenney space for these tenants. Existing retailers such as Shoe Show, Belk and Bath & Body Works are negotiating lease extensions. Carolina Commercial will also manage leasing, asset oversight and daily operations once the upgrades are complete.
Facility leaders are shifting from merely aesthetic offices to universally designed spaces that serve employees, visitors, vendors, and clients alike. The article outlines how inclusive design goes beyond ADA compliance, embedding equity, flexibility, and intuitive use into every touchpoint—from entryways...
Intradeco Apparel sold its Miami‑Dade headquarters warehouse to Seagis Property Group for $48.8 million, translating to roughly $244 per square foot across a 200,175‑square‑foot facility. The property, located in the Flagler Station Business Park, was originally purchased by Intradeco in 2001...
Toys “R” Us Canada has filed to start a formal sale process, seeking court approval in April 2026 with bids expected in May and a potential closing by mid‑July. The retailer’s footprint has shrunk from 81 stores in 2021 to just...
Philadelphia housekeeper Ayesha Garnett, 52, leveraged the Neighborhood Assistance Corporation of America (NACA) to pursue homeownership despite a median‑priced market that surged 12.5% year‑over‑year, adding roughly $30,000 to home costs. Traditional financing would demand high credit scores, a 20% down...
Where’s all my Bay Area homeowners at? When did you buy and are you glad you did?
Foyer and Nayya announced a partnership that embeds Foyer's 401(k)-style homeownership savings account into Nayya's AI‑driven employee benefits platform. The new benefit lets workers set down‑payment goals, access credit‑building tools and receive advisor support alongside health and retirement options. It...
U.S. mortgage rates edged higher on March 27, reaching a 30‑year fixed rate of 6.64%, the highest level in eight months. Lenders initially posted a top‑tier rate near 6.7% before trimming it mid‑day as bond market movements softened. The adjustment...
A reverse mortgage becomes due when the last borrower dies, prompting heirs to act within roughly 30 days. Options for the estate include selling the home, refinancing into a traditional loan, paying off the balance, or surrendering the property to...
Australia’s National Housing Accord, launched in mid‑2024 to deliver 1.2 million homes by 2029, is off‑track, producing only 174,000 units in its first year—27% below the 240,000 annual target. At the current pace the shortfall would reach roughly 330,000 homes. Construction...
Hydrogen Fitness signed a 15‑year lease for 17,000 sq ft at 145 East 32nd Street in Manhattan’s Murray Hill, marking its first New York City location. The lease, priced at $70 per square foot, includes the ground floor, lower level and mezzanine and will...
British Land and AustralianSuper have secured deputy mayor approval for a revised Canada Water masterplan, allowing the second development phase to commence in 2027. The plan will deliver up to 4,118 homes, 2.5 million sq ft of workspace and 1 million sq ft of retail, leisure...
Capital Group announced it will purchase the 55‑story Bank of America Plaza in downtown Los Angeles for roughly $210 million, converting its long‑time tenancy into ownership. The building, previously appraised at $212.5 million, had seen its value plunge from $605 million a decade...
Global insurance broker Brown & Brown has signed a 15‑year lease for 52,303 sq ft of office space across the sixth and seventh floors of Aldgate House in London’s City of London district. The lease, set to start toward the end of...
It's actually crazy that LPs risk 100% of their capital to earn an 8-10% return. (while having no liquidity and no control). But the pitch deck won't highlight that. It will just make an extremely bullish business case for why the project...
Are mortgage rates nearing a top? One could argue they've already baked in the ME conflict and $100 oil. Perhaps they go another ~0.25% higher, but manage to stay below 7%.
Boise’s Planning and Development Services launched a free, pre‑approved set of eight Accessory Dwelling Unit (ADU) plans designed by local firm Parke Architecture. The city, which must build at least 20,000 new housing units by 2033, offers designs ranging from...
Average home‑equity line‑of‑credit rates fell to 7.04% this week, the lowest level since 2022. The drop trims the monthly payment on a $20,000 HELOC to between $180 and $233, making it cheaper than most personal loans and credit cards.
SiTime has signed a lease for roughly 150,000 square feet across two adjacent buildings that once housed ServiceNow’s headquarters in Santa Clara. The chipmaker plans to relocate its headquarters to the Jay Street campus by April 1, 2027, a move that aligns...
Terrabank announced a 15‑year lease for 40,000 square feet at One Alhambra Plaza in Coral Gables, Florida, moving its headquarters to the premium office complex. The bank will occupy 37,308 square feet across two floors and operate a 2,692‑square‑foot retail...
The average 30‑year fixed mortgage jumped to 6.38%—its highest level in over six months—after the 10‑year Treasury yield rose to 4.39%. Higher oil prices and the Iran conflict are pushing bond yields up, tightening borrowing costs for homebuyers.
Former Freddie Mac CEO Donald Layton argues that the government‑sponsored enterprises (GSEs) can achieve capital reform faster by lowering minimum capital standards and using the 2018 Enterprise Regulatory Capital Framework (ECRF) as a template. He cites the Trump administration's executive order...
Arwa Yemeni Coffee, a specialty chain founded in Texas in 2021, is opening its first New York City location in Williamsburg, Brooklyn. The company signed a ten‑year lease for 2,000 square feet at 310 North Seventh Street, paying $12,500 per...
Artificial grass is emerging as a cost‑effective, low‑maintenance landscaping option for commercial properties, offering a permanent green surface that withstands drought, heavy foot traffic, and harsh climates. While the upfront installation expense exceeds that of seeding, the elimination of watering,...
RoMac Building Supply is moving its operations from Lady Lake to a new facility in Wildwood, strategically positioned near Interstate 75 and the Florida Turnpike. The relocation addresses delivery inefficiencies and improves customer access, establishing Wildwood as the primary hub for...
The New York State Supreme Court’s appellate division issued a restraining order that temporarily blocks NYCHA’s demolition of the Fulton and Elliott‑Chelsea Houses, halting the West Chelsea redevelopment. NYCHA intends to appeal the injunction, which follows a lawsuit alleging the plan...
Lakeside Shopping Centre has launched a new 5,000‑sq‑ft The White Company store, adding a high‑end lifestyle brand to its tenant mix. The retailer is celebrated for timeless design, quality fabrics and understated luxury, positioning the outlet as a flagship within...
Actress Aubrey Plaza has secured a buyer for her Spanish‑style Los Feliz compound, which she listed at $5.75 million after previously dropping the price from $6.5 million. The property, purchased with director Jeff Baena for $4.7 million in 2022, is now listed as...
Chancellor Rachel Reeves has secured a pledge from the six largest UK banks and building societies to proactively reach out to about 1.6 million homeowners whose fixed‑rate mortgages expire by the end of 2026. The outreach will promote the Mortgage Charter,...
Senior housing in 2026 is experiencing a rare convergence of strong demand, constrained supply, and renewed investor confidence. The U.S. 80‑plus population is projected to grow 36.6% over the next decade, while more than 10,000 Americans turn 65 each day,...
This is wild. Senator Warren is now threatening apartment developers and investors, too, with a letter chock-full of misinformation. Such threats can scare off development capital, and they just shift to building warehouses or something else. But America's renters become collateral...
Fareway Stores has begun construction on a 105,000‑square‑foot freezer expansion at its Boone, Iowa distribution center, slated for completion in mid‑2027. The addition will almost double pallet capacity, increase pallet facings by about 33%, and convert frozen space into extra...
Let’s say you’re looking to buy a real estate deal and want to use a community bank for the financing These lenders will be looking to make sure you satisfy 5 main requirements in order to fund your deal: The 5 lender...
Update on the “Lock-in Effect” in the Housing Market: Below-3% & 4% Mortgages Fade Very Slowly. Share of ARMs originations fell further and is at historic lows: FHFA’s National Mortgage Database https://t.co/ZUvlUdW3RE https://t.co/bqPa12CUrs
Actress‑talk‑show host Drew Barrymore has put her 12‑acre Westchester estate on the market for $5 million, according to the Wall Street Journal. She bought the 7,300‑square‑foot property two years ago for $4.4 million, and the home now lists at $687 per square...
San Rafael, a city that hasn't permitted 1,600 homes over the past 30 years combined, is on gearing up to build ~1,600 homes in the next two or three years alone. https://t.co/XNcGIGM2zZ
Raleigh NIMBYs are now writing sad poems lamenting all the housing development, and I AM SO HERE FOR IT. 🤣 https://t.co/zgwEhGOST3
In episode #372, host discusses a viral real‑estate video that showcases a luxury home as more than a property—it's presented as the embodiment of the American dream. The conversation breaks down the marketing tactics used in the video, including cinematic...
Four of the top five metropolitan areas where families are stuck renting are in California—we've got to remove the additional hurdles facing homeownership projects and fix this. https://t.co/dFa0tWCiSh
He's joking, and this is an absurd example, but expect to see more weird mixed-use development as it gets easier to build housing in California and harder to build anything else. I'm aware of one self-storage project that added ~30...
KB Home reported a sharp earnings decline in Q1 2026, with revenue dropping 23% to $1.07 billion and GAAP earnings falling 65% YoY to $0.52 per share, missing consensus estimates. The slowdown has pressured capital returns, slashing share buybacks by 75%...
#Canadian bacon saved as #Clarke, a co that operates ferries on the #StLawrence buys out struggling #REIT #Ravelin in deal that values REIT at $1.1B+adds 6.3MSF NA+#European offices to Clarke's portfolio. #realestate #CRE #mortgage #TSE https://t.co/O403vkrbXu
Last year it took until early summer for the housing industry to throw in the towel and lower guidance across the board (namely housing starts). Thinking we pull the timing of that directional guidance revision forward a few months in...
Redfin’s weekly report for the four‑week period ending March 22 shows the median home price nudging up to $389,000 – a 2% year‑over‑year increase – while new listings rose 0.3% YoY to 99,287. Homes are also selling faster, with the median...
A glimmer of hope for offices. US vacancy falls 2 % points Though 17.6% vacancy shows there's still a long way to go. #Tech-heavy metros like #Seattle #Austin #SanFran still struggle w/#Sunbelt leads way w/12.8% #realestate #CRE #pandemic #NYC #DC...
Mortgage interest rates are hitting 7 percent and sellers are locked into COVID era mortgages that are in negative real interest rate territory. More charts and graphs featured on today's Chartbook Top Links in the comment below. https://t.co/jUHCvyVvDx
My bathroom mood right now …inspo from @sherlewagnerinternational, @p.e.guerin, a powder room in a residential project by my studio, and me https://t.co/XF027ckTES
6.64% has always been my line in sand for rates when they tick higher from here demand slows when they go lower toward 6% things improve. Hug a mortgage spread today https://t.co/DeRZntaHsC
The gap between sellers and buyers. Here's a wide view in Sacramento over the past 25 years. More on my blog this week. https://t.co/jfVvNTgTO5
Great team helping people find apartments and housing. Or rent same. Try it at https://t.co/ZFzmI9p5WD Thanks @samrathpatpatia @arjun13s @williamcagas @kavir777 https://t.co/m74YHoFgYV
