Know What's Happening in Real Estate
Know What's Happening in Real Estate
New Owner Unveils $1.5B Revitalization Plan for Kansas City’s Country Club Plaza
A new ownership group targeting the historic Country Club Plaza announced a $1.5 billion redevelopment that will add 750 apartments, about 645,000 sq ft of office space, a 278‑room hotel, a park and expanded walkways. The mixed‑use vision aims to combat high vacancy and aging infrastructure at the nation’s first outdoor shopping center.
A protest by Evanston faith leaders and immigrant‑rights groups against Chicago REIT Highlands' lease to ICE facilities was reported, but source material does not provide specific details on the participants, lease terms, or outcomes.
Luxury brands opened more European stores last year, with a 13% rise on premier retail streets despite a broader sector slowdown. Cushman & Wakefield recorded 96 new outlets in 2025, down from 107 in 2023, and noted that LVMH was the...
Cedars‑Sinai Medical Center announced the purchase of the 340,000‑square‑foot Beverly Connection shopping center for $270 million, adding roughly 10 acres directly east of its main campus. The hospital said it has no immediate plans to close the retail complex, instead viewing...
Former Olympian Homes CEO Richard Simpson has been appointed managing director of investment for a new UK living platform founded by Student Roost creator Tim Butler. The platform, backed by Australia’s largest pension fund AustralianSuper, has secured a £500 million (≈ $625 million)...
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Douglaston Development, a Manhattan‑based firm founded in 1979, has completed AtlanticBK, a 17‑story, 456‑unit mixed‑use rental tower in Brooklyn. Over the past seven years the developer financed more than $3 billion in housing projects and currently has $2.2 billion in pre‑development work...
Manhattan’s luxury condo market cooled after a year‑high, with 20 contracts signed for homes priced $4 million or more between March 16‑22. Ted Segal’s 200 East 75th Street led the week, logging the two most expensive deals: penthouse PH4 at $19.7 million and PH2 at $17.5 million....
Enterprise Community Development, the largest nonprofit affordable‑housing provider in the Mid‑Atlantic and sixth‑largest nationally, opened the 66‑unit Highland Terrace Apartments in Richmond. The organization now manages a $1.25 billion portfolio of 13,000 homes serving more than 24,000 residents across Maryland, DC...
Washington enacted House Bill 1687, enabling state and local governments to transfer city‑owned land to social housing public development authorities. The law gives Seattle the ability to offer land, planning assistance, and logistical support to the Seattle Social Housing Developer,...
Mark Rothko’s 1930s East Village studio in a Greek Revival brownstone has been transformed into the Rothko House, a boutique two‑unit condominium. After a 2022 fire, the six‑story building sold for nearly $3.7 million and underwent a multimillion‑dollar restoration. The top‑floor...
Preventive maintenance is emerging as a competitive differentiator in the industrial real‑estate sector, according to Greek Real Estate Partners managing 23 million square feet. As post‑pandemic Class A warehouses enter their first major upkeep cycle, owners are shifting from reactive “fix fast”...
El Salvador’s real estate market is experiencing a rapid boom after President Nayib Bukele’s security crackdown and generous fiscal incentives. Official data show more than $5 billion invested in construction last year, fueling high‑rise towers and luxury beachfront projects. New tax‑free...
In Q4 2025 the median price of a new single‑family home was $405,300, about $9,600 lower than the $414,900 median for existing homes. This marks the third straight quarter where existing‑home prices exceed new‑home prices, a reversal of a decade‑long premium....
Construction of the Broeklin mixed‑use complex in Brussels will break ground this fall, with a target opening in the third quarter of 2028. The development comprises roughly 55,000 square meters of retail and office space, a 3,500‑seat theater, 23,500 square meters of...
UK pension‑backed developers Hyde and Legal & General have formed a joint venture to deliver affordable housing. The partnership launches with a portfolio of 1,000 homes and a commitment to expand the pipeline over the coming years. Leveraging L&G’s financing...
San Diego Unified School District announced a plan to construct nearly 3,000 workforce‑housing units for its employees. The initiative aims to provide homes for 10% of its 13,559 staff by 2030, exceeding the 1,350 units needed to meet that target....
Hanley Investment Group Real Estate Advisors facilitated the all‑cash sale of Victor Town Center in Victorville, California, for $7 million. The 47,650‑square‑foot retail complex houses three tenants: dd’s DISCOUNTS, a Department of Veterans Affairs outpatient clinic, and a 16‑stall Tesla Supercharger...
The New York Times highlighted three historic homes now on the market, each featuring a retro‑style kitchen. In Dale, Texas, a 1928 Craftsman bungalow is listed for $225,000 and boasts green cabinets, a vintage O’Keefe & Merritt gas stove, and...
Residential demolition permits slipped 0.1% year‑over‑year in 2025 but remain 34.2% above 2018 levels, indicating sustained activity above pre‑pandemic norms. The market stays heavily concentrated in California, Florida and New Jersey, with New Jersey now the third‑largest source, overtaking Texas...
Seneca Mortgage Servicing sued Homespire Mortgage for refusing to fund a $376,147.06 Fannie Mae loan repurchase after a July 2025 put‑back notice. Seneca paid the agency on Homespire’s behalf in November 2025 and now seeks reimbursement, interest, and legal fees. The underlying...
CRED iQ’s loan analytics platform has recorded 1,249 CMBS loans receiving maturity extensions, representing roughly $115 billion of outstanding principal. Extensions now dominate workout activity, especially in the office sector, which accounts for 64% of the identified extension balance. Forbearance agreements...
Microsoft plans to acquire an additional 57.8 acres north of its existing 356‑acre campus in Gaines Township, Michigan, to expand a planned hyperscale data center. The parcel, part of a former Steelcase wood‑plant, awaits rezoning approval, with the purchase to...
Redfin data show that in February 2026 U.S. sellers outnumbered buyers by 629,808, a 46.3% gap—the widest since records began in 2013. The imbalance marks a buyer’s market, defined as over 10% more sellers, and has persisted since May 2024....
Kajima Properties Europe announced a strategic joint venture with a U.S. investor to develop a Mercedes‑Benz hub in Germany. The partnership will see Kajima retain an ownership stake while serving as the long‑term asset manager for the project. The venture...
Florida and New York led February’s ultra‑luxury home market, with ten properties selling above $30 million. A never‑listed oceanfront estate in Manalapan, Florida fetched $68.3 million, the month’s highest price, while four Central Park‑adjacent condos in New York each exceeded $50 million. Only...
Parents can tap home equity via a HELOC to help their child’s first‑home purchase, but the way the funds are classified—gift or loan—drastically influences the child’s mortgage qualification. Lenders require a signed gift letter and clear transfer records, and timing...
The UK government has unveiled a plan to create seven new towns, each slated to deliver at least 10,000 homes, as part of a sweeping housing initiative. The proposal aims to inject thousands of new dwellings into the market to...
New York City’s market‑rate rents hit historic highs in February, with Manhattan’s median reaching $5,000 and Brooklyn’s $4,300. Vacancy rates have slipped below 2%, intensifying competition for apartments. Economists and developers blame restrictive rent‑stabilization rules and the 2019 Housing Stability...
"The market value of household real estate assets fell for the second consecutive quarter to $47.9 trillion in the fourth quarter of 2025" -NAHB
BFC Partners has signed a 10‑year lease for a full floor—13,758 square feet—at RFR’s 17 State Street in Manhattan’s Financial District. The lease, valued at the building’s market rate of $72‑$85 per square foot, adds the firm to a growing...
Extra Motorway Service Areas has renewed its partnership with kiosk retailer WYE by signing a series of 15‑year leases covering existing sites such as Baldock, Leeds, Cambridge, Peterborough, Cobham and Beaconsfield, plus a new unit at Blackburn. The agreements combine...
Grupo Imobiliario GFA and Hilton announced the Waldorf Astoria Residences Guadalajara, the first standalone Waldorf Astoria branded residence in Mexico, the Caribbean and Latin America. The 30‑story, 128 m tower will host 114 luxury one‑ to four‑bedroom units and is slated for delivery...
Selling a flat starts long before an estate agent walks through the door. The author, a seasoned home‑stager, outlines six pre‑valuation tasks: aggressive decluttering, depersonalising, refreshing walls with neutral paint, a thorough spring clean, staging like a show home, and...
In 2010, the median U.S. homebuyer was 39. Today, it’s 59. Home prices have doubled in a decade, and construction productivity has fallen. Sweden builds 45% of single-family homes in factories, year-round, cutting costs and build time. If we built...
In 2026 Property Reach identified twelve U.S. metros where a $100,000 salary cannot comfortably purchase a median home, with prices ranging from $589,700 in Portland to $1.3 million in San Francisco. The report highlights that even households earning up to $150,000...
The UK government admitted it does not track how many landlords have left the buy‑to‑let market since 2020, with the housing minister confirming the department lacks the requested data. Instead, it cited HMRC figures showing 2.86 million unincorporated landlords declared rental...
Zoopla's latest analysis identifies Shildon in County Durham as the UK's cheapest town for a three‑bedroom family home, with an average asking price of £82,000 (about $104,000). The town's price‑to‑earnings ratio of 1.36 means families could afford a mortgage of...
Blackpool Council has intensified its selective licensing scheme, requiring landlords of roughly 9,000 private‑rented homes to obtain a licence or face prosecution and fines. More than half of the properties have already registered, and 30% meet the council’s higher “Blackpool...
Estate agent Ian Preston argues that charging vendors an up‑front fee of £300‑500 (≈$380‑$635) improves sale likelihood. His internal data shows 60% of vendors who paid a moderate fee sold, versus 43% under the traditional “no sale, no fee” model,...
Zoning reform has become a mainstream policy tool, with over 300 state and local jurisdictions adopting changes such as accessory dwelling unit allowances, reduced parking minimums, and duplex permissions. While early adopters like Minneapolis, Oregon, and California sparked a nationwide...
Large market with the worst single-family rent growth in the U.S. entering 2026? Miami Wouldn't have guessed that from the headlines about Zuckerberg and Palantir. While billionaires are moving in, local residents are moving out. Rents are up 50% in Miami from...
'Nearly Passivhaus' is a false economy: Applying some but not all the principles of Passivhaus carries the risk of poor outcomes and significant costs - from the UK Passivhaus Trust Or as Bronwyn B called it "half-ass-ive" 😅 #passivhaus #passivehouse https://t.co/KbIXzNJUOM https://t.co/3q5Q0LV9RB
The UK government has announced seven new‑town sites, each slated to deliver at least 10,000 homes, with some schemes exceeding 40,000 units. The locations – ranging from Tempsford in Bedfordshire to Milton Keynes and two sites in Greater London –...
From December to January, US new home sales DROPPED by a STUNNING 17.6%. Sales were at their lowest level since the COVID-19 pandemic. AMERICAN HOUSING MARKET = IN THE TANK. https://t.co/AMSqv9ZMsT
Everything is bigger in Texas. Giga Texas (Tesla's Gigafactory Texas, located near Austin) has a factory floor area of over 10 million square feet. TERAFAB is reportedly going to be over 100M SF. https://t.co/CrVsGCW2rN
Nationwide’s latest Affordability Report shows housing affordability improving across Great Britain, yet stark regional gaps persist. London’s Kensington & Chelsea remains the least affordable area with a first‑time‑buyer house‑price‑to‑earnings ratio (HPER) of 13.9, while Inverclyde in Scotland is the most...
Portland, Oregon, has approved 1,400 duplexes, four‑plexes and accessory units since 2021, driving the average price of starter homes down from over $800,000 in 2018 to $615,000 in 2024. The city’s floor‑area‑ratio incentives and relaxed setbacks are reshaping affordable‑housing policy...
Hong Kong’s K11 Musea is undergoing a major revamp, adding over 60 new luxury brands and redesigning roughly 30% of its retail floor. Rents are projected to increase by double digits as flagship stores like Audemars Piguet, Prada and Rolex...
The California Association of Realtors reported that median home prices have fallen to $199,000 in several northern counties as the Iran‑related geopolitical tension dampens buyer confidence. At the same time, statewide median prices sit at $830,370 and mortgage rates have...
Adelaide’s housing market is accelerating, with several northern suburbs posting dramatically shorter listing periods. PropTrack data shows Salisbury Heights now sells in just 19 days—a drop of 18 days year‑over‑year—while Golden Grove, Elizabeth Grove and others also saw double‑digit reductions....
SM Investments reported 2025 revenues of 681.7 billion pesos (≈US$11.4 billion), driven largely by a 5.4% rise in retail sales. The conglomerate is accelerating expansion beyond Metro Manila, with 82% of its 490 new stores and two new malls opened in provincial...
