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.
A New York judge denied an injunction, allowing Maverick Real Estate Partners to resume foreclosure on the Gorham Building at 390 Fifth Avenue. The Schwalbe family, who owe a $41 million loan, claim Maverick demanded escalating fees—$400,000, then $750,000—beyond the original agreement. Maverick allegedly imposed a $1.5 million interest shortfall and executed a cash sweep despite no formal default. The 140,000‑square‑foot office tower is 20% vacant, and the lender’s aggressive tactics have drawn criticism for being predatory.
Ilan Bracha’s IB Global closed on the 15,000‑square‑foot Scribner sidekick at 3 East 48th Street for $9.5 million after the property fell into a lender‑driven foreclosure. The sale follows Thor Equities’ 2020 default on a $105 million CMBS loan that once financed...
Skyline’s latest quarterly report says demand for commercial space in Northwest Arkansas remains strong even as more than a million square feet of new office, retail and warehouse space is slated to open. Leasing activity is outpacing supply, though exact...
Gladstone Institutes announced a lease for an additional 105,000 square feet of laboratory space at 1450 Owens Street in San Francisco’s Mission Bay. The new facility, slated to open in 2027, will accommodate roughly 300 scientists across 20 labs, freeing up...
The national mortgage delinquency rate ticked up to 3.72% in February, driven by a 3% rise in seriously delinquent loans—the highest level since June 2022. Pre‑payment speeds accelerated as rates fell, yet cure activity for loans 90 days or more...
Jack Doyle’s Pub & Restaurant has renewed its lease for another 15 years, securing its 6,295‑square‑foot ground‑floor and mezzanine space at 240 West 35th Street. The renewal, together with a 10‑year extension for Café Nuñez, lifts total occupied space at the address...
On the Senate's build-to-rent ban, I see some argue "it's a small sector so it's not a big deal." As a % of market, it's small. But 50k units / year is material. And if you think all those units will...
In this 42‑minute episode, Chief Economist Carl Gomez explains that Canada’s commercial real‑estate market is undergoing a slow “Great Reset” driven by lingering uncertainty, high cap rates and the end of ultra‑low interest rates. While data shows the economy is...
The author reflects on a sharp turn in the U.S. housing market, noting that after selling their longtime home at a profit two years ago, conditions have become far more challenging for sellers. New listings are drawing unusually high foot...
Ontario and the federal government will suspend the 13% HST on qualifying new homes for one year starting April 1, 2026. The cut applies fully to homes priced at or below $1 M CAD (about $0.75 M USD) and tapers to a $24 k rebate...
State Farm will relocate 13,000 Bloomington employees to its Corporate South campus by the end of 2027, citing that its current headquarters occupies roughly twice the space needed. The move is part of a broader effort to trim excess real‑estate...
The 2025 update to Intelligence Community Directive 705 tightens shielding against electronic surveillance, forcing many existing secure workspaces to undergo costly renovations. To comply, designers are relocating bathrooms, kitchens and plumbing outside the innermost secure zones, creating a new peripheral...
The Shops at Willow Bend in Plano will be demolished and redeveloped within the next year, regardless of whether the Dallas Stars secure a new arena on the site. Owners Cawley Partners and Waterfall Asset Management plan a mixed‑use project...
Waverley Council in Sydney’s affluent eastern suburbs is set to overhaul its residential parking system, limiting households to two permits and introducing fees of roughly $66‑$99 USD for the first permit and $198‑$264 USD for a second. The draft strategy...
The Neighborhood Assistance Corporation of America (NACA) offers a mortgage program that eliminates down payments, closing costs, and private mortgage insurance, while forgoing traditional credit‑score requirements. Prospective borrowers must complete workshops, one‑on‑one counseling, and pay a modest $25 annual membership...
M&T Bank is providing a $62.1 million construction loan and a $30.2 million tax‑credit equity investment as part of a $137.5 million financing package for the Philadelphia Housing Authority’s Westpark Redevelopment. The project will deliver 327 mixed‑income units, including 190 affordable apartments for...
Orlando City Council approved an ADU Incentive Program offering up to $10,000 in rebates and full refunds on impact and permit fees for homeowners who construct accessory dwelling units and rent them at affordable rates. The program covers impact fees...
VA loans, backed by the U.S. Department of Veterans Affairs, offer veterans zero‑down, no‑PMI financing and competitive rates, yet many mortgage professionals avoid them due to lingering myths. Loan officer Nguyen Mai of Edge Home Finance highlights that misconceptions—such as...
Evri Fulfilment is investing over £4 million (≈$5.1 million) to open a 265,000‑square‑foot fulfillment centre in Barnsley, slated for July 2026. The site will feature advanced sorting and packing automation, allowing parcels to move from order to network entry within an hour...
Lowe’s has rolled out a Creator Network, partnering with top influencers such as YouTuber MrBeast to reach Generation Alpha before they become homeowners. The program, launched in June 2025, offers creators personalized storefronts on Lowe’s site and commissions on sales,...
The median age of owner‑occupied homes in the United States has risen to 42 years, according to the 2024 American Community Survey and NAHB analysis. New York leads with a median home age of 64 years, while the District of Columbia’s median exceeds...
A new state bill seeks to accelerate the conversion of struggling malls and vacant office towers into residential units. The legislation shortens permitting timelines, offers tax credits, and creates a streamlined review process for adaptive‑reuse projects. Lawmakers anticipate the measure...
US office market shows early stabilization as new construction slows and adaptive‑reuse conversions rise. Vacancy fell to 17.6% in February, a 200‑basis‑point improvement, while average asking rents slipped to $32.79 per square foot. Manhattan topped sales with nearly $1.6 billion year‑to‑date,...
Lambeth Council and developer London Square have secured planning permission for a 228‑home scheme in Brixton, featuring an 18‑storey and a 20‑storey tower. Forty percent of the units will be social‑rent, and the project will replace the Pop Brixton and...
The Mortgage Industry Standards Maintenance Organization (MISMO) and the American Land Title Association (ALTA) have released two new digital datasets covering ALTA title policies and settlement statements. These standards convert traditional paper forms into structured data, enabling seamless exchange across...
Ziff Real Estate Partners (ZRP) has sold the West Ashley Shoppes shopping center in Charleston, South Carolina, to Continental Realty Corp. for approximately $22.6 million. The 136,327‑square‑foot property sits across from Citadel Mall and was 90 percent leased to anchors such as...
Marcus & Millichap facilitated the $7 million sale of Bootheel Plaza, a 126,193‑square‑foot shopping center in Kennett, Missouri. Built in 1973 on roughly 11.3 acres, the center hosts 23 retail suites anchored by Tractor Supply, with tenants including Bealls, Dollar Tree,...
Developer One Beverly Hills has closed a $4.3 billion financing package to complete its mixed‑use luxury residential and hotel complex in Los Angeles. The deal, among the biggest single‑project raises in the U.S. this year, underscores persistent investor appetite for high‑end...
A MarketWatch analysis shows U.S. rent growth has slowed to its weakest pace in years, reducing pressure on the consumer‑price index. The deceleration comes as other inflation gauges, such as unit labor costs, remain elevated, leaving the Federal Reserve with...
Rappaport, a McLean‑based real‑estate firm, has been hired to lease and manage the 160,000‑square‑foot Reisterstown Shopping Center north of Baltimore. The assignment includes overseeing $2 million in property upgrades. The center, built in 1964, is anchored by a 29,000‑sq‑ft Lidl and...
NextEra Energy has secured land in East Texas for a more than 5‑gigawatt, $16 billion gas‑fired power plant aimed at feeding the region’s booming data‑center load. The project, backed by a U.S.–Japan agreement and cleared by the Trump administration, highlights the...
Pension funds and life insurers significantly increased their holdings of mortgage‑backed securities in the fourth quarter. The shift reflects a search for higher yields as Treasury rates stay low and the MBS market offers relatively attractive risk‑adjusted returns. Meanwhile, policy...
Kylie Jenner has put her Hidden Hills estate on the market for $20.25 million, a property she bought for more than $12 million in 2016 during a four‑home buying spree. The 13,200‑sq‑ft residence, featuring a resort‑style pool and home cinema, was her...
If you’re guessing on deals… you’re already losing them Every deal comes down to 4 things: - seller motivation - condition - value - rent Miss one, and you’re just hoping it works Comment “DEAL” if you’re trying to get your first one #realestateinvesting #wholesalinghouses #offmarketdeals #realestatetips #realestatebeginner
Corruption is costly - Trump's antitrust choices are reshaping real estate, in a bad way. https://t.co/GTF4dsuUBb
European commercial‑real‑estate markets posted solid Q4 performance, with total asset values rising and transaction volumes up, according to INREV data. However, the INREV sentiment index fell for the first time this year, reflecting heightened geopolitical risk from the Ukraine war,...
How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates https://t.co/ecPYsnXmA5
A stately estate near #NJ's #Raritan bayfront built by son of #Macys heirs Isidor+Ida Strauss, who died in the #Titanic disaster, lists for $10M. #HerbertNStrauss #Middletown #realestate #mortgage #JamesMcConnell https://t.co/rMnRQ7T2St via @WSJ
The mass‑timber movement is reshaping construction by replacing carbon‑intensive concrete and steel with engineered wood that cuts embodied emissions up to 26.5% per square foot. Beyond climate benefits, timber accelerates schedules through off‑site prefabrication and improves occupant wellbeing with natural...
L'Enfant housing. Sprawling #LEnfantPlaza office that 1x housed many agencies sold vacant for a mere $24M by #GSA to #multifamily developer. Gov out to shed props in move to make itself lighter. #realestate #CRE #DC #Dalian #Trump #LibertyLoan https://t.co/vWQVaN6nxX via...
Supply and distress supply are the big keys; we have 84 years of data on this and many economic cycles with nominal national home prices data. https://t.co/7ojUXodFpL
The Jay Group secured a $300 million refinancing loan from Affinius Capital for its 102 Fleet Place development in Downtown Brooklyn. The debt will fund the completion of the 30‑story, 495‑unit luxury multifamily tower and support lease‑up activities. The project, located near...
Houston is expecting a 16% jump in outpatient patient visits by 2029. New MOB construction under way? Less than 1% of existing supply. What little is being built is already spoken for: roughly 80% of that space is preleased before...
Rates getting to 18% made is less affordable back then, different ways to measure this, but prices & rates exploded. A big variable on why existing home sales haven't finished a year under 4,000,000 the last 3 with with new...
The UK government and London Mayor Sir Sadiq Khan have unveiled an emergency package to revive stalled affordable‑housing projects in the capital. Housing starts have collapsed from 26,386 in 2022‑23 to just 4,522 in 2024‑25, prompting fast‑track planning for schemes delivering at...
From 1977 to 1979, mortgage rates rose from 8% to 13%, yet home prices still grew faster than during the sub-4% COVID years. Rates peaked around 18%, with spreads being quite large at nearly 6%. The spread market today is...
These stats represent search queries. Not actual buyers. Ironically, buyer volume is incredibly low in Sacramento, yet here we are at the very top of this list. Nothing but love for Redfin, but there is a disconnect between search queries...
GLP‑1 weight‑loss drugs now reach roughly 23% of U.S. households, prompting shoppers to downsize and revamp wardrobes. Eighty percent of users expect to buy new clothing and 55% have already done so, shifting demand toward smaller‑size bras, active shorts and...
The hottest home price growth period was 1943-1947, with no bubble crash afterward, and 1977-1979 had even hotter price increases than during Covid, also without a bubble crash. If people bothered to read books instead of burning them, they would...
Here are the top 10 locations for 2M and above sales in the Sacramento region over the past five years. What stands out to you? And what are you seeing at the high-end right now? I’d love to hear your...
