Today's Real Estate Pulse
Hamptons luxury market stays hot as developers pour $300K into wellness amenities
The Hamptons continues its real‑estate boom, with high‑end homes like a $30 million Georgica estate attracting buyers. Developers are allocating as much as $300,000 per property for wellness features such as infrared saunas and IV drip services. The trend underscores sustained demand for premium amenities in the region.
Also developing:
Data Center Developers Battle For Hearts And Minds For Their Projects
Data‑center developers are confronting a wave of community opposition that stalled or delayed $98 billion of projects in Q2 2025. The backlash is forcing firms to embed extensive outreach—town halls, local‑benefit projects, and early stakeholder education—into development timelines. State legislatures, beginning with Georgia, are moving to curtail tax incentives and tighten zoning rules for data‑center sites. As regulators and residents gain familiarity, community sentiment is becoming a decisive factor in permitting and financing decisions.
Rural America Embraces Data Centers for Energy Growth
How to Sell Rural America on Data Centers #energysky -- via Heatmap News https://t.co/E2p1KFZhVL https://t.co/rpB7YDfHpH
California's 'Pro‑Housing' Policies Fuel Sprawl, Not Solutions
If you live in California, you should probably be concerned. Hilton says he is pro-housing but his policies are effectively pro-sprawl. Steyer is doing slopulism, and he should actually know better, sadly.
VA Partial Claim Draft Arrives with Detail Sought on Limits
The Department of Veterans Affairs released a draft policy for a new VA partial‑claim program, allowing eligible borrowers to receive a second, interest‑free lien covering up to 25% of the unpaid principal balance. The assistance is designed to curb delinquency...
Vegas Vacancy Rate Hits 10‑Year High, Rents Plummet
Las Vegas apartment vacancies are spiking. And landlords are not happy. 7.6% of Vegas apartments are now sitting vacant, the highest level in nearly 10 years. (Triple the pandemic low of 2.4%). 4 years ago, rents were soaring, and there was no availability. Now...
1540 Broadway Secures 74K SF of New Office Leases
GFP Real Estate and BDT & MSD Partners announced that 1540 Broadway has secured over 74,000 sq ft of new long‑term office leases. Pandora Jewelry expanded its footprint to 55,872 sq ft across the 34th floor and an existing lease, while Woori Bank New York Agency signed...
Planet Financial Grows 58% in Originations, 21% Servicing
Planet Financial Group reported a 58% jump in originations to $28.6 billion and a 21% increase in its servicing portfolio to $144.8 billion for 2025, achieved organically despite recent acquisitions. The growth was driven by strong retail retention (52% rise to $2.5 billion)...
Marx Realty Launches Expansion at Yonkers’ Cross County Center
Marx Realty has broken ground on a 58,000‑square‑foot expansion at Cross County Center in Yonkers, adding a 14,000‑sq ft single‑story building and a 44,000‑sq ft two‑story structure. The project includes a four‑acre park and boardwalk that will serve as the mall’s new...
Clear Height Completes Disposition of Elk Grove Village Industrial Property
Clear Height Properties and Harbert Management have completed the disposition of the Triangle Corporate Center, a multi‑tenant flex industrial asset in Elk Grove Village, Illinois. The property, situated less than a mile from Interstate 90 and minutes from O’Hare Airport, offers...
Colliers Closes Sale of 748K-SF Industrial Facility Near KC Airport
Colliers has completed the sale of a 748,833‑square‑foot modern bulk industrial facility in Platte City, Missouri, within the Kansas City metropolitan area. The 2024‑built distribution center, featuring 36‑foot clear heights, 74 dock doors, 7 drive‑in doors, and 463 parking stalls,...
Rent Now, Sell Later When Market Improves
If you have a property that is not going to sell for what it’s worth, you might consider holding onto it, renting it out, and then selling it later on when the market is better. Follow @chasecalhoun.realestate for more on build-to-rent...
Turning an Inherited Home Into a Short-Term Rental: The Legal and Tax Traps To Watch For
Inheriting a home offers a tempting entry into the booming short‑term rental market, but the path is riddled with tax and regulatory pitfalls. The IRS grants a step‑up in basis, resetting the cost basis and allowing a fresh 27.5‑year depreciation...
MaryAnne Gilmartin's Firm Eyes 1M SF Tower For Miami Debut
MAG Partners, led by MaryAnne Gilmartin, is scouting a senior development executive to launch a mixed‑use tower in Miami exceeding one million square feet. The project will combine a hotel, luxury condominiums, and retail components. Gilmartin, known for the Barclays...
Housing Inventory Recovery Slows for Ninth Straight Month
Housing inventory rose 7.9% year‑over‑year in February, reaching over 914,000 homes, but month‑over‑month growth stalled at 0.2%, marking the ninth consecutive month of flattening gains. Supply increases were led by the South and West and skewed toward properties priced below...
Falling Mortgage Rates May Boost US Housing, PVC
U.S. mortgage rates slipped below 6% for the first time in over three years, reviving affordability and prompting forecasts of an 8% rise in home sales by 2026. Despite the rate dip, new‑home construction is expected to decline modestly, with...
Volatile Crosscurrents Keep Mortgage Rates Relatively Flat
Mortgage rates remained relatively flat this week despite opposing forces in the bond market. A sharp surge in oil prices initially pushed rates higher by stoking inflation concerns, but a surprisingly weak jobs report later that day pulled yields down....
America Faces Shortfall of 7.2 Million Affordable Rental Homes
A new National Low Income Housing Coalition report reveals a shortage of 7.2 million affordable rental units for very‑low‑income households, equating to just 35 units per 100 residents. The gap affects 11 million renters earning below 30 % of area median income and...
Parker Floats 164% Expansion To SEPTA Density Bonus Area
Mayor Cherelle Parker’s administration has proposed expanding Philadelphia’s transit‑oriented development overlay by 164%, extending the radius around SEPTA stations to a quarter‑mile. The change would allow developers to build 50% more multifamily units than current zoning permits, while explicitly barring...
Congress Risks Shutting Out Small Housing Investors
Congress is advancing the ROAD to Housing Act, which would bar any entity that owns or manages more than 350 single‑family homes from purchasing additional properties. While aimed at curbing private‑equity concentration, the bill’s broad definition also captures Regulation A real‑estate...
Kroger Is Closing Stores: See the Updated List that Shows Shuttered Locations Across the Country
Kroger announced a footprint‑optimization plan in June 2023 to close roughly 60 stores nationwide. To date, 33 locations have shuttered and three more are confirmed for 2024, spanning the Kroger banner and subsidiaries such as Fred Meyer, Harris Teeter, and King Soopers....
Weak Jobs Data Drives Mortgage Rates Downward
Another horrendous jobs report saved mortgage rates today. Had it come in hot, we'd likely have a 30-year fixed closer to 6.25% again during peak home buying season. Granted, w/o the conflict in Iran we'd probably be at 5.875% or lower...
David Weekley Homes Presents an Excellent Investment Opportunity in Metro Atlanta
David Weekley Homes has launched Grandview Terrace, a gated townhome community in Canton, Georgia, just two miles from I-575 and the Mill on Etowah. Priced in the high $300 k range, the development offers three‑story, 3‑bedroom floorplans, a future pool and...
Amazon Partner Inks 1M SF Warehouse Lease In Chicago Suburbs
Crane Worldwide Logistics has signed a 992,000 sq ft lease in McCook, Illinois, to store Amazon Web Services data‑center equipment. The warehouse, developed by Bridge Industrial, sits within thirty minutes of O’Hare Airport, offering strategic logistics advantages. The deal follows a wave...
Whitestone Hires Bank Of America To Handle Possible Acquisition
Whitestone REIT hired Bank of America to manage a potential sale after attracting interest from private‑equity firms Blackstone and TPG. The REIT, which owns 56 shopping‑center properties across the South, has faced ongoing pressure from activists to go private and...
Hialeah Bet on Senior Tax Relief Tests Florida’s Shifting Property Landscape
Hialeah’s new mayor launched a $1.2 million property‑tax rebate that wipes out city taxes for low‑income seniors, delivering average checks of $539. The program, funded by front‑loading pension commitments, is presented as budget‑neutral and was implemented in under 45 days. At...
Americans Now Work Up to 25 Extra Days a Year Just to Afford Rent, Food, and a Used Car
U.S. workers now need about 66 full workdays each year to cover rent, groceries and a used car, seven days more than in 2007. Although average hourly wages have risen 66% since the 2008 crisis, the cost of essential goods...
AWS Likely Behind Plans for $750m Data Center in Clinton, Mississippi
Amazon Web Services is poised to invest $750 million in a new data center on a 99‑acre site in Clinton, Mississippi, repurposing the former Milwaukee Tool facility. The city council approved a fee‑in‑lieu tax arrangement, though final approval from the Mississippi...
MISMO Releases VA, FHA Form Standards for Industry Use
The Mortgage Industry Standards Maintenance Organization (MISMO) has elevated the data mapping for VA Form 26‑1820 and the HUD FHA Addendum to candidate recommendation status, making standardized XML datasets available for industry use. The VA mapping translates the loan disbursement report...
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Georgia Bill to Let Owners Sue Cities over Homelessness
Georgia’s House Bill 295 would let property owners sue cities or counties that adopt policies limiting enforcement of illegal camping, loitering, drug possession, shoplifting or sanctuary rules. The bill creates a civil cause of action, capping damages at the amount...
Morris Brown To Anchor Innovation Space At Vine City Development: The Atlanta Deal Sheet
Resurgence Commercial Partners (RCP) is leading an 8‑acre mixed‑use project in Atlanta’s Vine City, anchored by a 30,000‑square‑foot innovation and learning center for Morris Brown College. The development will also feature a 100‑room boutique hotel, 200 mixed‑income rental units, and...
Lou Malntati’s Signs Lease in St. Charles, Illinois
Lou Malnati’s Pizzeria has signed a lease for its 61st Chicagoland location in St. Charles, Illinois, slated to open in fall 2026. The 6,200‑square‑foot venue will feature a full‑service restaurant, bar, private dining, and outdoor patio with seating for about...
Mortgage Rates: 5.5% Really Is the Magic Number
Existing home sales in 2024 averaged 4.1 million units, the weakest pace since the mid‑1990s and about a quarter below the 5.3 million average recorded in 2018‑2019. Analysts argue that mortgage rates must fall to roughly 5.5% to revive the market as...
Zuckerman Group Signs Two Tenants to Join Midtown at Bonita Mixed-Use Development in Southwest Florida
The Zuckerman Group has secured leases with national retailers T.J. Maxx and Ulta Beauty for Midtown at Bonita, a 68‑acre mixed‑use development in Bonita Springs, Florida. The project already has nearly 100,000 square feet of retail space committed, alongside a...
Rate Shock Slashes Listings; Gradual Recovery Underway
As soon as the rate shock occurred—and switching costs surged—we saw U.S. new listings fall a notch as some of that attempted churn was knocked off That effect was most acute out of the gate Ever since, we’ve slowly seen new listings...
Young Entrepreneur Risks $1.5M Loan, Builds 51k‑sq‑ft Storage
In 2016 we broke ground on our first self storage development. I had just turned 27 and had personally guaranteed a $1.5 million loan to make this happen. We put in about $500k of our own cash (from a small business we...
Developer Targets Key-Worker Housing Shortage with German Prefab System
Prime, a health‑care property developer, has partnered with German industrialised‑construction firm Goldbeck to deliver Oak House, a 79‑unit apartment block for key workers in Dorchester. The scheme will use Goldbeck’s prefabricated concrete frame, hollow‑core floors and modular walls, marking the...
Pending Sales Rise YoY, Driving Inventory Decline
Another week of positive year-over-year growth in our weekly pending sales data, and it's biting inventory lower now. 😉 A lot more with tracker article this weekend
Banning Institutional Investors May Worsen Housing Affordability
'The housing paradox: why banning institutional investors could make affordability worse' Commentary by Amherst CEO Sean Dobson in @FortuneMagazine (no paywall) https://t.co/mXFQpGRK2m
Do Home Equity Investments Impact Your Credit Score?
Home equity investments (HEIs) let homeowners unlock cash without creating a traditional loan, so they generally do not appear on credit reports. The only direct credit‑score hit comes from a hard inquiry during application, which is usually temporary. Because HEIs...
All Major Homebuilders Face Year‑Over‑Year Margin Compression
All 11 of the biggest homebuilders tracked by ResiClub are seeing year-over-year margin compression Homebuilders—especially those with a big presence in some of the softer markets in Texas and Florida—are still in cost-cutting mode ResiClub PRO report: https://t.co/w9iTXbeCx0
Mortgage Spreads Curb Rates Amid Iran War Concerns
Mortgage spreads continue to keep mortgage rates in check as Iran war sp... https://t.co/iBMRx6aFsB via @YouTube
Cross‑subsidize Market Housing, Not Futile No‑tower Campaign
The problem with the NYCHA no-new-towers campaign is it's a bridge to nowhere. No white knight is coming in to bankroll $80 billion in repairs. There's an actual plan to fund better public housing by cross-subsidizing with market-rate housing. The alternative...
Mamdani Admin Uses Bankruptcy to Shift Rent-Stabilized Buildings Publicly
This NYT piece doesn't get the framing around housing politics right, but does lay out explicitly that the Mamdani administration's strategy is to let rent-stabilized buildings go into bankruptcy and use that as leverage for public or nonprofit ownership https://t.co/MVpSmuHQ9W
Inventory Surged Pre‑recession, Now Below Normal Levels
Home sales peaked in 2005 Home Sales crashed from 2005 to 2008 Inventory spiked before the recession started 2005 2.5 million Inventory 2007 4,000,000 Inventory Currently at 1.22 million Normal is 2-2.5 million Credit channels have run inventory channels for...
AI Project Management Lets Contractors Focus on Building
Scout Out (@scoutoutai) is building AI-powered project management for residential contractors — handling estimates, docs, and job admin so they can keep their hands on the hammer, not the keyboard. Congrats on the launch @NolanRossi100! https://t.co/hyA8c1GPeI https://t.co/hU6KeYIKDc
Inflation and Job Loss Cripple 2026 Real Estate
Surging inflation and sagging employment double whammy for the fragile real estate market in 2026 https://t.co/4yrdR28tG3
Regional Price Gaps: Some Homes Beat, Others Miss List
Selling above or below? Here’s a look at properties that sold above, below, and at the original list price last month in the wider region. The market isn’t the same in every location. Any thoughts? https://t.co/8CHHvxLyKV
Bilt Users Outraged over Rent Payment Delays and Dead‑end Support
Bilt users are PISSED. Delayed or bounced rent payments. Customer service from unhelpful AI bots with human agents seemingly missing in action. Any info on what’s happening? My DMs are open.
Compass Merger Triggers 110 Layoffs; Anywhere HQ Available
If you work for #Anywhere in #MadisonNJ, you might want to polish up your resume. Merger w/#Compass costs 110 jobs at combined #brokerage giant. 270KSF Anywhere HQ up for lease. #realestate #MandA #mortgage #NJ #layoffs #JLL #RobertReffkin https://t.co/4SsKTtsrg2