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.
Hanover Capital provided a $25.8 million refinancing loan for Vorea Group’s 52,578‑square‑foot retail development at 10‑04 Borden Avenue in Long Island City. The property, opened in 2024, is 100 percent leased to experiential anchors iFly and Vibe Fitness. Hanover highlighted the asset’s proximity to the Queens‑Midtown Tunnel and its high‑visibility location as core to its investment thesis. The financing was negotiated by HKS Real Estate Advisors after Vorea’s acquisition by Domain Companies.
Eight years ago, I was a city planner in Central Queens. One of the worst part of the job was having to tell homeowners that it wasn't legal to build an ADU. Now New York City has a whole website...
New data from Radix (apartment data provider) shows no sign yet of a spring leasing bump -- and, in fact, a slower start to the spring leasing season than what we saw at the same time last year. We'll get data...
AvePoint, a data protection and compliance specialist, has signed an 8,000‑square‑foot lease for its first New York City office in Vornado’s Penn 2 tower. The 24th‑floor space commands an asking rent of $135 per square foot. The lease, brokered by Cushman...
Something that people don’t realize is that it’s sooo much easier to buy a rental property than a primary home
I am glad to see pro-housing YIMBY groups refuse to go along with a very NIMBY request from Senator Warren. What a wild thing to even request. Why would any honest YIMBY refuse to call for a conference that could lead...
Home‑deal cancellations in the United States have surged to record levels, according to recent market data released March 26, 2026. The spike follows a year of rising mortgage rates, tighter credit standards, and lingering inflation concerns that have eroded buyer confidence. Cancelled...
A Florida Fourth District Court of Appeal ruled that creditors cannot force a homeowner to draw from an undrawn Home Equity Conversion Mortgage (HECM) line of credit to satisfy a judgment. The decision involved a $55,000 judgment against Norman Desmarais,...
Developers of Avalon Park, a 3,250‑unit project in Daytona Beach, have sued the neighboring City of Ormond Beach for refusing to provide essential water and sewer services, effectively halting construction. The dispute stems from a 2006 interlocal agreement that gives...
King Street Properties’ Allston LabWorks, a $915 million mixed‑use campus in Boston, secured its first laboratory tenant when drug manufacturer Terrestrial Bio signed a 42,000 square‑foot lease for its new headquarters and manufacturing hub. The agreement coincides with Terrestrial’s recent $50 million Series C...
ATTOM’s Q1 2026 affordability index shows homeownership costs in coastal markets are swallowing nearly a full year of typical wages. Kings County, New York tops the list at 108.6%, while Santa Cruz, Marin, San Luis Obispo and Orange counties in California range from 88% to...
Deann Bueligen is suing Nationstar Mortgage and the three major credit bureaus after her $180,000 rural mortgage was reported as a $4.2 million debt because an annual payment of $11,329 was mistakenly logged as a monthly amount. The misreporting, which persisted...
Creation has finished building the $250 million Park Algodon mixed‑use project in Phoenix, covering 86 acres with 1.3 million sq ft of Class A industrial space and a 7‑acre retail destination. The first industrial phase, developed with Clarion Partners, includes four buildings totaling 725,000 sq ft, while a second‑phase...
Retail property prices in the Washington, D.C. metro are soaring, with the average price per square foot jumping 27.2% in 2025—far above the 12.3% national increase. The surge follows a 30% decline in 2023‑24 and is fueled by strong consumer...
Summerhill Village, designed by TANDEM design studio, delivers 49 medium‑density apartments around a generous communal courtyard in West Footscray. The project prioritises community, sustainability and dignity, offering dual or triple aspect units that provide natural cross‑ventilation and daylight. Durable, low‑maintenance...
On Location, a ticket‑and‑travel specialist, has leased 108,000 square feet at the former Union Bank Plaza, 445 S. Figueroa St., as part of its 2028 Olympics hospitality push. The 40‑story building was bought in 2024 by the Southwest Carpenters Pension Trust for $80 million. Downtown Los Angeles recorded...
The mainstream media is writing articles about how higher mortgage rates/the war are killing the "housing recovery". But that's wrong. Homebuyer demand remains near its lowest levels on record, and has not improved at all over the last 4 years. This has nothing...
The UK Mortgage Charter 2026 sets new lender standards to give borrowers short‑term payment flexibility as mortgage rates climb. The government, acknowledging concerns from families and businesses, convened a meeting with lenders representing 75% of the market and UK Finance....
The SmartAsset 2026 rent study finds average rent across the 100 largest U.S. cities rose 1.73% year‑over‑year, from $1,810 to $1,843, trailing the 2.41% national inflation rate. San Francisco led the gains with a 13.94% increase, pushing median rent to...
What's Really Stopping Residential New Construction in BC & Ontario? And Why Playing With HST Wont Fix It. Don't get me wrong removing the HST for a year on New Construction homes is a good thing because every tax reduction is...
The Trump administration has pledged to retain the implicit government guarantee for Fannie Mae and Freddie Mac, but experts warned that the guarantee has never been paid for by taxpayers. A panel at the American Enterprise Institute highlighted that the...
The ROAD to Housing Act is already freezing up development capital -- and it's not even enacted yet. Build-to-rent developers say equity capital is essentially frozen, lenders are "pausing" on new projects, and new starts potentially imperiled. Much frustration not only with...
Just in case you were wondering about year-to-date sales volume in twelve counties in the wider area around Sacramento. I got you covered.... On a serious note, I do think it's fascinating to consider where transactions happen. https://t.co/CRctUqWvn9
The Department for Work and Pensions (DWP) has signed a lease for the entire 100,000 sq ft No.1 West Bar Square, the largest Grade A office deal in Sheffield in over seven years. The move reinforces Sheffield’s role as the UK’s biggest policy‑development...
Still plenty in the office>resi #conversion pipeline. Study by #RentCafe shows 90K+ in the process in early 26, up 28% from last year. 13d of office loans coming due drives the trend. #realestate #CRE #multifamily #YardiMatrix #mortgage https://t.co/gzewkNTvQh
This is where the data in the past starts to get hit as in the past few years rates moving above 6.64% and above 7% impacts demand https://t.co/oiZjW5mQiD
From April 2026, landlords with rental income over £50,000 must submit quarterly digital tax returns under Making Tax Digital, with penalties of up to $51,200 for repeated late filings. The Renters’ Rights Act, effective 1 May 2026, abolishes no‑fault evictions, caps rent‑increase...
"record growth of potential sellers...record decline of potential buyers...near record new supply of housing units coming to the market."
If you men haven't learned that Redfin is playing you like a chump with their most sellers ever data, just look at their weekly pricing data since their chart came out. You guys are getting hustled. https://t.co/OJouoW3HqA
In February, 30‑year fixed mortgage rates slipped below 6%, pulling the industry average to 5.98% and nudging the Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) down to $2,061. The modest decline reflected lower borrower payments despite slightly larger loan...
Spacebring, a platform serving more than 500 coworking locations worldwide, has launched Lem AI agent to automate routine administrative tasks. The AI assistant handles support ticket triage, retrieves operational data via natural‑language queries, and drafts community communications. Lem AI is...
Banyan Tree announced its inaugural U.S. residential tower in West Palm Beach, featuring 88 luxury homes with prices beginning at $1.9 million. The project signals the hospitality brand’s expansion from boutique resorts into high‑end branded residences, a move that could reshape...
Accordia, the developer of Dorchester Bay City, has hired Newmark to market roughly one‑third of the project – a 13.6‑acre, 2.4‑million‑square‑foot parcel at 2 Morrissey Blvd – as the Boston region’s life‑science and housing construction slows. The move comes after Ares Management’s...
The Sledhaus 200, a 200‑sq‑ft modular tiny house designed by Irontown Modular, starts at $49,600 and accommodates up to two occupants. Measuring 20 ft by 10 ft, it offers a living area, compact kitchen, bathroom, and a loft bedroom accessed via a metal...
In our latest Real Estate Conversations podcast I talk with Dave Meyer of the massive investor community, Bigger Pockets. One thing I wanted to learn was what happens to the investor game when we can no longer rely on home prices...
Barings has broadened its United Kingdom property mandate by appointing MAPP to oversee a new portfolio of 20 high‑quality office and logistics assets. The expansion adds both core office space and strategically located logistics facilities to Barings' existing CRE holdings....
U.S. cold‑storage vacancy rates have surged to a 20‑year high as pandemic‑driven overbuilding meets slowing consumer spending. Despite the excess supply, the sector logged about 3.5 million sq ft of net absorption in 2025, indicating resilient demand. Newmark reports the development pipeline has...
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Cape Town’s housing crisis has intensified as gentrification and soaring property prices force Black and coloured residents from the City Bowl to the Cape Flats, deepening spatial segregation. The article applies Achille Mbembe’s necropolitics framework to argue that state policies and...
Why haven’t home prices crashed? Some thoughts and perspective on my blog today. I think many people expect 2007 results with 2026 stats, but it’s a much different supply story today. Enjoy my weekly post if you wish. https://t.co/i3BLmGTvo4 https://t.co/hcYtZOpegS
The Rent Guidelines Board released its annual Income and Expense Study showing net operating income for rent‑stabilized buildings rose 6.2% nominally (about 2.2% after inflation) between 2023 and 2024. Gains were uneven: Manhattan’s core districts posted a 10% increase, while...
Kroger announced a $112 million investment to open two Kroger Marketplace stores and remodel fifteen existing locations in central and northwest Ohio during 2026. The Delaware and Canal Winchester stores, spanning 123,000 and 118,000 square feet respectively, each cost roughly $30 million...
Jane Street has chosen 10 Bishops Square as the site for its new 450,000 SF London headquarters, part of an 870,000 SF redevelopment slated for completion in 2030. The project, owned by the Hong Kong Monetary Authority and JPMorgan Global Alternatives, was bought for £557 million (≈$696 million) in 2010....
Giant homebuilder KB Home is seeing some demand improvement in Jacksonville and Orlando—while Tampa still remains challenged
Mainsail Lodging & Development has been chosen to manage 86 net‑zero energy homes at Hunters Point Resort & Marina on Anna Maria Island. The Tampa‑based operator will oversee reservations, guest services, housekeeping and maintenance through its vacation‑rental platform, giving homeowners...
Bilt Unveils A 125% Transfer Bonus For Rent Day — But It Is To Wyndham - View from the Wing https://t.co/iD73OsRnNk
Westminster Council has agreed to buy the 32‑flat Garden Court block for roughly $20 million, requiring all private renters to vacate within two months so the units can be used as temporary accommodation for homeless Londoners. The forced evictions come just...
Landsec has put its iconic one‑acre Lucent site at Piccadilly Circus up for sale with a guide price of £450 m (approximately $570 m), the largest West End freehold transaction since 2022. The mixed‑use development offers 188,000 sq ft total, including 126,000 sq ft of office...
Home REIT, a UK residential property investment trust, has completed its interim financial disclosures and announced plans to apply for the restoration of its London Stock Exchange listing. The filing follows a suspension that stemmed from earlier compliance shortfalls, and...
The American Institute of Architects (AIA) announced its 2026 East Bay Home Tours, a two‑day public event in June that will showcase a curated selection of private, architect‑designed residences. The tours aim to give homeowners and design professionals rare insight...
Overland Park's Finance Administration and Economic Development Committee gave the green light for a partnership with Kansas City nonprofit Driven Development Housing to construct nine affordable units—three duplexes and six single‑family homes—on two acres of city‑owned land. Priced near $400,000,...
