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.
Parent company Saks Global announced the closure of 15 additional retail locations, expanding its restructuring effort after filing Chapter 11 bankruptcy in January. The list includes the flagship Saks Fifth Avenue store on Chicago’s Magnificent Mile, along with several other Saks locations across 12 states. Closing sales are scheduled to begin on March 13, 2026. CEO Geoffroy van Raemdonck said the moves aim to concentrate the portfolio on top‑performing markets and drive sustainable growth.
Anyone renting their Paris apartment this summer (2/3 bedrooms, AC)?
US President Donald Trump's recent geopolitical moves—including the Iran conflict and renewed tariffs—are reverberating through the UK economy. Glenigan data shows the value of new construction projects fell by more than a third in the three months to February, with...
Fed Chair Jerome Powell announced he will stay in the role pro tem until the Department of Justice investigation into his comments concludes, extending his leadership beyond the May term expiry. Mortgage rates climbed above 6.5%, threatening the pent‑up demand...
Unpopular opinion: You don’t have to be married to buy a house. You can buy one all by yourself… even if you're a single girl. And instead of just buying a regular house, think about buying something that makes you...
The last time we had new listings above 100K May 24th, 2019 at 101,000 June 12, 2015, at 110,000 It's only happened a few times post 2013 During the housing crash years, it ran at 250K-400K for years We can break over 80K...
Brookfield Properties is turning over the 415 Natoma Street tower to a partnership of Meridian Group and Fenway Capital Advisors after they bought the $400 million construction loan. The high‑rise, opened in 2022, remains largely empty with Thumbtack as its only tenant,...
If we had the worst levels of mortgage spreads in 2023, mortgage rates would be 7.67% today, not 6.53% If we had the worst levels of 2024, mortgage rates would be 7.29% today. If we had the worst levels of 2025,...
Governor Kathy Hochul proposes exempting modest‑size housing projects from the State Environmental Quality Review Act to speed construction and lower costs. Assemblymember Deborah Glick publicly opposed the change, arguing developers could already build affordable units and blaming the housing crisis...
A coalition of 11 Phoenix-area landowners and prospective data‑center developers has filed a lawsuit seeking $750 million in compensation, arguing that the city’s July zoning ordinance slashes property values. The case pits property owners against a growing wave of local regulations...
Indriya, the Aditya Birla Group’s jewellery label, is accelerating its retail footprint from more than 55 stores to a projected 100‑plus locations, with a goal of surpassing 75 stores by the end of March. The brand is shifting its marketing mix...
Dubai’s property market is showing early signs of weakness as the US‑Israeli war on Iran dampens demand. Transaction volumes fell 37% year‑on‑year and 49% month‑on‑month in the first 12 days of March, according to Goldman Sachs. High‑end listings are being...
Lake Views is a 100,000 m² mixed‑use development by JA Joubert Architecture on Tirana’s lakefront, completed in 2024. The project stacks residential units above commercial spaces and parking, using sloped volumes that guarantee every apartment an outward view of the lake, city...
These 'trashy' homes in Norway are built from recycled plastics. (World Economic Forum) #Environment #Recycling @wef https://t.co/KTQkPzrLnH
South Korean officials are weighing a property‑tax hike that could raise landlords' bills by more than 50% in Seoul. Analysts warn the move would likely be passed on to tenants, inflating Jeonse deposits and monthly rents that have already surged...
At the Connect Industrial Midwest 2026 conference, commercial real‑estate leaders highlighted steady fundamentals, rising leasing activity and renewed capital flows in the Midwest industrial sector. Speakers noted that limited new supply kept the market disciplined, positioning Chicago as slightly undersupplied...
Royse + Brinkmeyer has begun leasing The Pilot, a mixed‑income residential community in Champaign’s In‑Town Neighborhood. The development will deliver 151 modern apartments, townhomes and lofts across five planned properties aimed at expanding workforce housing. Financing comes from PNC Bank...
California Regional MLS (CRMLS) announced it will redistribute listing‑data revenue to roughly 2,000 brokerages that posted at least five listings in 2025, with payments beginning in April 2026. The move reinforces CRMLS’s broker‑centric, cooperative model and follows MARIS’s earlier revenue‑sharing...
Nonprofit Fedcap has signed a 37,760‑square‑foot lease for its new headquarters at 39 Broadway in Manhattan’s Financial District. The six‑year agreement covers the entire second and third floors, making it the largest tenancy in the 37‑story Art Deco tower. Fedcap, a...
New York City’s Department of Sanitation has issued more than $115,000 in composting fines to multifamily landlords since the rule took effect in October 2024, delivering 1,173 summonses in under a year. Fines are modest—about $100 each—but are frequent, prompting...
Nearly one‑third of Colorado households are severely cost‑burdened as Denver’s median single‑family home price hit $699,750 in February 2026, a 2.9% rise since the pandemic. Prices per square foot jumped 25.2% over the same period, squeezing first‑time buyers. Realtor.com analyst...
Canadian developer BMI Group has assembled five former industrial sites in Ontario and Quebec into a “Critical Minerals Corridor” aimed at bolstering the North American battery supply chain. The repurposed pulp and paper mills now serve as deployment‑ready hubs equipped...
Colliers brokered a new 3,000‑square‑foot lease for Concierge Pediatrics at 2788 Merrick Road in Bellmore, New York. The Bellmore clinic marks the fourth location for the concierge‑style pediatric practice, adding to its existing sites in Roslyn and Woodbury, NY, and...
Morningstar DBRS confirmed credit ratings on five classes of the Wells Fargo Commercial Mortgage Trust 2015‑C27, assigning B (sf) to Class C and C (sf) to Classes D, E, F and X‑B. The agency discontinued the rating on senior Class PEX after its repayment. Since...
Jamestown has filed a zoning application to transform the former North Point Mall in Alpharetta into a 20,000‑seat NHL arena surrounded by a mixed‑use campus. The development would add roughly 1 million square feet of retail and dining, a 300‑room hotel,...
Personal loans and home‑equity loans are both fixed‑rate installment options, but they differ in security, rates, and term lengths. Personal loans are unsecured, require lower credit scores, and typically offer 12% interest over one to seven years, while home‑equity loans...
The Port Authority announced that the 5 World Trade Center residential tower, slated for 1,200 apartments with a third affordable, is on pause as developers grapple with soaring construction costs and geopolitical headwinds. Costs have risen roughly 50% since the...
Fairfax County’s Board of Supervisors approved the sale of a 42‑acre parcel at the county police training campus to Starwood Capital Group for $166.8 million. The Miami‑based developer intends to build a data center, though site entitlements are still pending. County...
Compass International Holdings dismissed its antitrust lawsuit against Zillow after the search portal softened its Listing Access Standards. The move ends a months‑long battle over pre‑market listings and could redefine how brokerages market homes online.
CIM Group has sold Best Buy Plaza, a 177,434‑square‑foot shopping center in North Dallas, anchored by Best Buy and fully leased to national retailers such as Dick’s Sporting Goods and Total Wine. The property, built in 1995 on roughly 15 acres, was...
The Korein family, owners of the land beneath 1 Penn Plaza, filed a lawsuit accusing several top Manhattan brokers of refusing to represent them against Vornado Realty Trust due to fear of losing Vornado's lucrative business. They allege brokers such as Doug...
Borrower hesitation in high‑cost metros is increasingly driven by soaring insurance premiums, rising property‑tax and HOA costs, and the complexity of covering high‑value personal assets. Lenders report longer decision cycles, higher pre‑qualification fallout, and more renegotiations as total cost‑of‑ownership calculations...
JLL Income Property Trust secured a $1 billion credit facility comprising a $600 million revolving line and a $400 million term loan, with the option to expand to $1.3 billion. The two‑year facility, syndicated by ten major banks, provides unsecured liquidity for opportunistic acquisitions....
This is an example of why I dislike "per unit" metrics in housing discourse & policy $827K/per unit sounds really really bad ... and it's not GOOD BUT ... when you take unit mix, and size, into account it gets a little...
As crazy as this sounds, the weekly demand with our tracker data is still positive YoY, just remember that rates are still lower YoY; more on this with our weekend tracker. 🫡
Apollo Global Management is investing $1 billion for a 49% stake in a new joint venture with Realty Income Corp. to acquire roughly 500 single‑tenant retail properties under long‑term net leases. Realty Income will continue to manage the portfolio, with the...
We have experienced many recessions since WWII, but only one nationwide home price crash and foreclosure crisis, household debt leverage ratio was much higher back then. https://t.co/VjgmPgQgRv
No. I’m saying in 10 years , this is how new houses will be built. Less acreage. Less internal square footage. More actual human living space. Far easier to maintain and lower maintenance costs. Less cost to...
President Donald Trump signed an executive order aimed at addressing housing affordability, directing the Consumer Financial Protection Bureau to conduct studies and draft new rules. The order highlights support for community and small banks and signals possible regulatory changes that...
Medical Office is not OFFICE and comparing the two is just dumb. Totally different demand drivers. https://t.co/tC5q86wvj3
while I agree with his general thinking about how we’ll rethink home design, seems optimistic to think that a meaningful percentage of homes would be redesigned in a 5-10 yr period
Mortgage applications have slumped as rates climbed from the high‑5s to the mid‑6% range, leaving buyers on the sidelines. Flyhomes CEO Tushar Garg argues that this pause masks significant pent‑up demand that could ignite once rates retreat. Federal Reserve officials...
Home flippers ended 2025 with sharply reduced returns as acquisition costs and high resale prices pushed gross ROI to 25.5%, the weakest level since the 2008 crisis. The sector’s share of total home sales fell to 7.4%, the lowest volume...
In less than a month, hope for a decent spring selling season has all but vanished in housing as oil spikes, rates jump, and inflation expectations reset higher. Can’t even get an adjustable-rate mortgage below 6% anymore. https://t.co/YOV544jjTl
Crow Holdings Development and CHI/Acquisitions withdrew their application to build a 300,000‑sq ft data center on a 37.4‑acre site in Fayetteville, Georgia, after the planning and zoning commission rejected the proposal. The parcel, already zoned for data‑center use, would have featured...
Hawke’s Bay recorded a striking price spread in 2025, with a 1910 cottage in Frasertown selling for just $56,650 and a luxury waterfront apartment in Ahuriri fetching $5.15 million. The low‑end sale reflects the modest demand and condition‑driven pricing common in...
Revitalization Unlimited, a Miami‑based historic‑preservation fund, plans to replace the 1900‑era Western Newspaper Union building in Kansas City with a 20‑story, 30 MW data center. The 142,085 sq ft tower would feature natural‑gas fuel cells and ground‑floor retail, demolishing the existing 29,990 sq ft structure....
CBRE has bolstered its development advisory and residential land capabilities in Bristol and the South West by appointing senior director Nic Rumble from JLL and development finance expert Martha Freer. The expanded team now includes five specialists offering end‑to‑end services to...
North Development is using FIFA World Cup tickets as a sales incentive for its Domus Brickell Park condos in Miami. Since the promotion began four months ago, roughly 20 of the 45 remaining units have been sold, driven largely by...
BrightSpire Capital sold the seven‑story Paragon Building in Long Island City for $28 million, a $36.3 million discount from its 2023 purchase price of $64.3 million. The sale represents a roughly 56 percent loss, reflecting broader devaluation in New York’s office market. Pearl Realty...
