Know What's Happening in Real Estate
Know What's Happening in Real Estate
$1.5B Revamp Planned for Kansas City’s Historic Country Club Plaza
A new ownership group unveiled a $1.5 billion redevelopment plan for the Country Club Plaza, the nation’s first outdoor shopping center. The proposal calls for 750 new apartments, about 645,000 sq ft of office space, 278 hotel rooms, a park and expanded walkways.
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 the Bronx slipped slightly, and Brooklyn and Queens saw 4.4% and 6.8% rises respectively. Buildings with higher rent‑stabilization ratios posted weaker growth, with fully stabilized properties up only 2.5%. The data arrives as the new mayor pushes a citywide rent‑freeze agenda, sparking a clash between tenant advocates and landlord groups.
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....
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...
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,...
Top builders, investors, and flippers borrow money for their real estate projects from private money lenders instead of from banks. Here are the top two reasons why.
The 2026 guide explains how a Home Equity Conversion Mortgage (HECM) for Purchase lets borrowers 62 and older acquire a primary residence—often a multigenerational property—by making a sizable down payment and avoiding monthly mortgage payments. The loan covers the balance,...
Public broadcaster KERA broke ground on a new 56,000‑square‑foot headquarters in uptown Dallas, replacing its 75,000‑square‑foot facility and featuring a community‑focused floor with a 300‑seat studio and podcast lab. The project is funded by a $97 million capital campaign, including a...
IKEA announced plans to open a new store in Tulsa, Oklahoma, citing the city’s strong inbound migration, rising household incomes, and robust retail traffic. Between 2023 and 2026, Tulsa attracted slightly more relocators than Oklahoma City, and newcomers earn about...
Avant Homes has received planning permission for Thorn Wood Gardens, a 289‑home development in Thurnscoe near Barnsley, Yorkshire. The scheme carries a gross development value of roughly £64 million (about $82 million) and will feature two‑, three‑ and four‑bedroom homes plus 14...
The Savills report forecasts 1,850 branded‑residence projects across Europe by 2032, representing 113 percent growth, with Turkey topping the pipeline. Non‑hospitality brands such as Pininfarina, Missoni and Nobu are expanding, pushing average brand premiums from 29 percent to 38 percent. Stand‑alone projects will...
Zillow Group said the 30‑year fixed mortgage rate fell to 6.48% on March 25 and released three scenarios that model how the rate’s duration could affect home‑buyer behavior. The forecast underscores lingering affordability pressure even as rates dip slightly.
QuadReal Property Group has agreed to buy a 27‑asset, 1.2 million‑square‑foot self‑storage portfolio in the UK for £280 million (≈ $350 million). The deal creates a joint venture with Clear Sky Capital, in which QuadReal holds a 95% interest and will inject an additional...
A new analysis of 2024 ACS data identifies three renter segments that together account for over 80% of U.S. renting households: young renters (31.9%), family renters (44.3%) and long‑term renters (36.1%). Young renters gravitate toward affordable inland metros such as...
Roman Izquierdo Bouldstridge transforms an 85 m² former commercial unit in Barcelona’s El Born into a minimalist loft slated for 2026. The design treats the space as a series of voids, articulated through four dimensions: time, space, material and program. A decade‑old...
President Trump issued a March 13 executive order urging the Consumer Financial Protection Bureau to revisit the Ability‑to‑Repay and Qualified Mortgage rules so smaller banks—those under $100 billion and community banks under $30 billion—can more easily compete in the mortgage market. The CFPB...
London‑based developer The Zero has launched two eco‑focused residential projects in Phuket—The Zero Bang Tao and Silhouette by The Zero Phuket—priced from roughly $123,000 per unit. About 74% of the 85‑unit Bang Tao development is already sold, while the 150‑unit...
Morgan Sindall Construction has broken ground on the Owlstone Croft Passivhaus student housing scheme at Queens’ College, Cambridge. The £34.4 million (~$44 million) project will deliver 13 new homes with 60 bedrooms and refurbish existing Blocks A and B to add 87...
The LPS Residence, completed in 2022 on the Mornington Peninsula, reimagines a family’s outgrown home through three distinct volumes for sleeping, living, and dining. Steep skillion roofs create vaulted interiors and improve thermal performance, while limited openings frame vineyard views....
Some UK lenders have withdrawn their entire range of new mortgage deals amid heightened Gulf conflict. Swap rate volatility pushed average mortgage rates up to 5.5% from 4.91%, with two‑year fixed rates hitting 5.56% and five‑year at 5.54%. Clydesdale Bank,...
Paragon Bank’s latest data shows a pronounced regional shift in UK buy‑to‑let activity, with the Midlands and North now accounting for just over half of purchases, up from under 35% in 2015, while the South’s share fell to 38%. The...
Propertymark CEO Nathan Emerson warned that the UK housing market has shifted from optimism to concern as the Middle East conflict begins to affect economic conditions. He noted that inflation held steady at 3% in February but warned rising oil...
The UK government plans to introduce a “mansion tax” – a surcharge on residential properties valued at £2 million (about $2.5 million) or more, due to start in April 2028. Valuation will be carried out by the Valuation Office Agency, which has said...
Landlords are tightening tenancy criteria after the Renters' Rights Act bans advance‑rent payments and eliminates no‑fault Section 21 evictions. A survey of 250 UK letting agencies by Alto shows a third now require guarantors, with 11% reporting a sharp rise in...
Veteran retailer Tim Baxter launched The Baxter Collective, a new brick‑and‑mortar concept that sits between sprawling department stores and niche boutiques. The model delivers tightly curated, community‑specific apparel mixes in modest‑sized stores, beginning with a 3,000‑sq‑ft flagship in Rye, New...
Mortgage rates have climbed to a six‑month high of 6.48% on Wednesday, up from the 5.9% low seen in January. The surge follows the Iran conflict that began in late February, reigniting market volatility. Freddie Mac and Fannie Mae’s $200 billion mortgage‑bond purchase...
Redfin reports 629,808 more sellers than buyers in February, the largest gap since 2013 and the strongest buyer’s market on record. The surplus is tempering home‑price gains even as mortgage rates hover above 6%.
The Choctaw Nation of Oklahoma announced the acquisition of a 1.24‑million‑square‑foot former Big Lots distribution center in Durant, a site previously eyed by Immigration and Customs Enforcement for a detention facility. Analysts estimate the purchase removes the capacity for roughly...
Chick-fil-A announced a $50 million investment in a new distribution and warehouse facility in Lubbock, Texas, slated to begin construction in May 2026. The hub will support the chain’s rapid restaurant rollout across West Texas, improve logistics efficiency, and create about...
The federal General Services Administration said today it had sold a 940,000-square-foot vacant office building in Washington, D.C. to a housing developer for $24 Million - WSJ
Giant homebuilder KB Home is seeing some demand improvement in Jacksonville and Orlando—while Tampa still remains challenged
House Republicans voted to reject a Senate amendment that would have linked a housing‑affordability bill to a package loosening crypto rules for community banks. The move leaves the housing measure and pending crypto‑related banking reforms on separate tracks, heightening uncertainty...
Bilt Unveils A 125% Transfer Bonus For Rent Day — But It Is To Wyndham - View from the Wing https://t.co/iD73OsRnNk
FOR RENT. Cozy 1 bed in the Presidio. Natural finishes. Lots of light. 4 roommates. $10k/mo. Must love the outdoors. DM if interested.
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A due‑on‑sale clause obligates borrowers to repay the entire mortgage balance if the property is sold or transferred, protecting lenders from interest‑rate risk. Most U.S. mortgages contain this provision, but notable exceptions exist for divorces, inheritances, and transfers to living...
Attached looks better … but is more expensive to build due to fire rating https://t.co/kIp5gggkz6
KB Home warns Iran conflict could push homebuilding costs higher if oil prices spiral out of control @kbhome CEO Robert McGibney: "a lot of the products that go into a home, there's petroleum that's involved in those products" ResiClub PRO report https://t.co/MiVXNJ3ybP
Harbert European Real Estate (HERE) has purchased the 535‑bed Limelight student‑housing complex in Liverpool from Blacklight Capital Partners. The asset, spanning 162,554 sq ft, was previously marketed for over £61 million (approximately $78 million) but the final price remains undisclosed. Since opening in 2024,...
There Goes the Spring Selling Season: Mortgage Rates Jump, Mortgage Applications to Purchase a Home Drop. Mortgage purchase applications are down by 35% from the same period in 2019 in a housing market that remains frozen https://t.co/sR0N0Jznl0 https://t.co/Hkfy4IziDs
Orlando Reid has acquired the long‑established lettings agency Bergins in South Manchester, adding more than 250 properties to its portfolio. The Bergins team will stay on board to maintain continuity for landlords and tenants. This marks Orlando Reid’s first acquisition...
Suzie Cavadino, a mother of four in Aughton, Lancashire, faces a demolition order for her £180,000 two‑storey extension, putting her family at risk of homelessness. The enforcement notice was upheld by the Planning Inspectorate and must be complied with by...
Ido Berniker, founding member of Mercer Partners International, is a leading advisor to ultra‑high‑net‑worth investors in luxury real estate. He has brokered marquee deals at New York’s 220 Central Park West and London’s 1 Hyde Park, leveraging deep insight into global...
Foxtons reports that London’s lettings market is showing early signs of a spring‑time rebound after a winter lull. While renter registrations remain below last year’s levels, they have risen from winter lows and budgets are broadly unchanged, indicating stable affordability...
The Resolution Foundation’s new report proposes a government‑funded “Starter Deposit” equity loan that would provide up to $3,800 toward a five‑percent down payment for priority first‑time buyers. It identifies roughly one million low‑ and middle‑income households that struggle to meet...
Roy Morgan’s February 2026 analysis shows that 30.3 % of Australian mortgage holders would be “at risk” of stress if the Reserve Bank of Australia raises the cash rate by another 25 basis points in May, pushing stress levels back to...
Street design, not just zoning, is a hidden driver of housing supply in North America. Standard engineering standards—especially 65‑foot-wide streets—consume large swaths of developable land, capping density at three to five homes per acre. A pilot project near Ottawa showed...
