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.
UrbanToronto’s UTPro dashboard for March 18, 2026 shows a modest rise in both pre‑construction and under‑construction activity across the Greater Toronto‑Hamilton Area. The number of projects in pre‑construction climbed to 3,609, representing about 1.435 billion square feet of gross floor area, with residential space reaching 1.127 billion square feet and 1.76 million planned units. Under‑construction projects increased to 652, adding roughly 186 million square feet of GFA, of which 123.6 million square feet is residential and supports 227,000 dwellings. These gains follow a month‑over‑month upward trend, underscoring continued momentum in the region’s development pipeline.
I'd say a 6.50% 30-year fixed seems like a foregone conclusion at this point. When not if... That'd be the first time rates were that high since last summer. Pretty sure the housing market can't handle a return to 7%, not...
Mike Quigley’s op‑ed highlights Chicago’s deepening housing affordability crisis, noting median home prices near $400,000 and a shortfall of over 224,000 affordable rentals. He points to a national supply gap of roughly five million homes as the root cause of...
Prudent Growth Partners has sold River Pointe Commons, a 22,665‑square‑foot neighborhood center in Dallas, Georgia, for $6 million. The property, located about 30 miles northwest of downtown Atlanta, was acquired by the firm in 2022 for $4.8 million and renovated in 2016....
Reannah Wyatt spent over a decade in residential real estate and witnessed Zillow’s launch, which proved technology could reshape the industry. While Zillow boosted her business, she realized no solution existed to track the entire real‑estate transaction from listing to...
Anarock Group says the Strait of Hormuz blockade is inflating construction inputs by up to Rs 150 per square foot, prompting developers to raise South Mumbai luxury flat prices by roughly 5%. The shock stems from higher steel, aluminium and freight...
ICON, a 3D‑printing construction firm, is completing a 12‑home neighborhood in Austin’s Mueller district in partnership with large builder Lennar. The gantry‑style printer extrudes a proprietary on‑site concrete mix, allowing simultaneous installation of structural ties, openings, and reinforcement while the...
U.S. new‑home sales plunged in February, posting a 9.5% month‑over‑month decline—the steepest drop since 2013. The slowdown coincided with mortgage rates hovering above 7%, weakening buyer affordability. Builder confidence fell to its lowest level since 2020, and unsold inventory rose...
New Home Sales Decline Sharply to 587,000 Annual Rate in January Median New Home Price is Down 13% from the Peak due to Change in Mix https://calculatedrisk.substack.com/p/new-home-sales-decline-sharply-to
The Maharashtra State Consumer Disputes Redressal Commission ordered Macrotech Developers (Lodha) to refund more than Rs 5 crore to a senior‑citizen couple after finding the developer guilty of deficient service and unfair trade practices. The ruling mandates repayment of Rs 2.83 crore plus 10%...
Nearly 500 retail executives surveyed by Placer.ai indicate a cautiously optimistic 2026, with 55% confident in brick‑and‑mortar performance despite modest 1% visit growth. While 70% anticipate e‑commerce outpacing stores, a third remain more bullish on physical locations, underscoring a shift...
Orange County’s multifamily market entered 2026 with moderated activity as developers sharply reduced new deliveries. Vacancy held steady at 3.8% while average asking rents slipped $9 but still rose 1.7% year‑over‑year. Fourth‑quarter 2025 saw a 26% drop in unit deliveries...
The Texas Bankers Association (TBA) announced its endorsement of Ascribe, a national valuation provider, granting its 400 member banks access to insured, competitively priced appraisal services. The partnership aims to streamline risk management and compliance for Texas lenders.
Landmark Properties has received planning approval for a purpose‑built student accommodation (PBSA) project in Birmingham, marking its second UK development. The approval follows the firm’s 2025 acquisition of a London asset, representing its first UK planning win. The Birmingham site...
Australia’s Bureau of Statistics reported that net permanent and long‑term arrivals in January 2026 reached a record high, delivering the strongest annual migration growth on record. The influx adds thousands of new households to a rental market already strained by...
The New York City 485x zoning amendment imposes a $40‑an‑hour wage floor on construction contracts for projects of 100 units or more, which developers argue acts as a penalty that reduces profitability and caps projects at 99 units. This wage...
Savills generated more than £45 million at its 17 March auction, selling 129 residential, commercial and mixed‑use lots with a 72 percent success rate. The highest price was a 2,600 sq ft Belgravia flat that fetched £2.37 million. Commercial assets contributed £15 million, highlighted by a mixed‑use...
Why I still sign every lease in our ~1200 unit portfolio personally: Bc, about once every 2-3 yrs, I catch an incorrect rental amount, which would have cost the owner: 1. Hundreds or thousands of $$$ in forgone rent and, 2. In...
You think being landlord is easy? This is trivial way to make a LOT more
The pandemic‑driven exodus from London is reversing as offices demand a return, reigniting the hunt for affordable commuter homes. Savills analysed 2025 rail usage and housing prices to pinpoint a new set of commuter towns that combine reasonable travel times...
New home share of total inventory remains historically elevated, but is moving back toward normal. https://t.co/fgRMXqrkuk
Temporary Freeze or Deeper Chill? New home sales fell sharply in January to 587K (vs. 722K expected), marking the slowest pace since Oct 2022 and the steepest monthly drop since 2013. https://t.co/W9Fwrwtvjb
Palantir Technologies and Moder announced a strategic partnership to co‑develop an AI‑powered mortgage operations platform, with Freedom Mortgage as the first pilot customer. The solution uses Palantir’s Ontology to translate regulatory guidelines into configurable, testable, auditable rules that integrate with...
California's property insurance problems are very similar to its housing problems -- an obvious consequence of bad public policy shrinking supply, and yet the private sector is often blamed for it. There is no "easy button" to solving complex problems decades...
Different vibes in the Bay Area and Sacramento. Properties in the Bay Area are often priced strategically low. More on my blog. What stands out to you here? https://t.co/rts5PIUSxe
BP has signed a 192,000 sq ft lease with Landsec for its new global headquarters at Timber Square in London’s Bankside. The agreement covers the entire 15‑storey Ink building within the 365,000 sq ft Timber Square scheme, which is now 54% let at completion....
One positive quirk to how affordable housing tax credits work: They incentivize developers to build apartments for families with kids, which in turn means developers also build kid-friendly amenities like playgrounds you wouldn't see a market-rate apartment project.
Big #tech discovers #5thAve. $META takes entire 15KSF townhouse at hi-rent 697Fifth, next to the #StRegis as its 1st permanent #NYC flagship+making owner #Vornado's day. #realestate #CRE #REIT #Facebook #virtualreality #retail #FarleyBuilding $VNO https://t.co/sYcy85cb1c
A Chelsea co‑op listed at $865,000 offers a one‑bedroom, one‑bath unit of roughly 800 sq ft on the seventh floor of a 16‑story post‑war building. The property includes a galley kitchen, open living/dining space, ample closets, and building amenities such as a...
Real estate could be the big winner in the private credit exodus https://t.co/DFzvuJjBGz #realestateinvesting @JLL @blackstone @CoStarGroup
Stokes County commissioners voted 3‑2 to rezone 1,844 acres for a massive data‑center project, overruling the local planning board and approving the request from Engineered Land Solutions. The rezoning was approved without a detailed site plan, tenant identification, or verified...
Owning a French chateau is a dream that comes with massive renovation costs and lengthy timelines. Interior designers like Timothy Corrigan reveal that roof replacement alone can cost €5.5 million, often surpassing the purchase price. The French market lacks a general‑contractor system,...
The Renters’ Rights Act forces letting agents to rethink revenue models, pushing many toward rent‑collection and full‑service management to avoid refunds on short tenancies. Agents must reassess minimum letting‑fee terms because frequent turnovers will erode profitability under the unchanged fee...
TikTok Shop is emerging as both a discovery engine and a conversion platform for beauty brands, influencing purchases across in‑app, e‑commerce, and physical retail channels. The platform’s halo effect has generated double‑digit growth in brick‑and‑mortar sales and a measurable lift...
The Albanese government aims to deliver 1.2 million new homes by 2031, focusing on high‑rise towers in Melbourne. The Victorian Allan administration has lifted height limits in 25 suburbs, permitting up to 20‑storey buildings to be planned within weeks. Critics argue...
In this episode, James Holbrook, founder and executive chairman of WearHub, discusses how proptech is evolving from fixing isolated pain points to redesigning market structures, using industrial real estate as a case study. He explains his 20‑year journey from brokerage...
Henry Boot’s property arm HBD has sold a 29,350‑sq‑ft supermarket and three adjoining retail units anchored by Waitrose in Warminster for £8.6 million to a UK real‑estate investment trust. The asset, fully let on a two‑acre site, delivers an 82% income...
Mag Mile Capital, Inc. arranged a $24 million construction loan for an 87‑unit, 128,000‑sq‑ft multifamily development at Belle Oaks Marketplace in Richmond Heights, Ohio. The loan is funded by a private‑credit debt fund at 80% loan‑to‑cost and a floating rate of 600 bps...
Zoopla reported a 21% year‑on‑year increase in new‑home searches, driving a 53% jump in leads delivered to housebuilders in 2025. The platform introduced map‑view listings and enhanced contact capture on virtual tours, making new‑build developments more discoverable. Search activity for...
The paper investigates how building‑height limits affect urban productivity and land use. Using a global dataset of 11,000 agglomerations and 300,000 tall structures, the authors exploit variations in bedrock depth as an instrument to isolate the causal impact of vertical...
Oakley’s city council approved the Bridgehead Industrial Project, a 3.2 million‑square‑foot logistics campus on 164 acres of eastern Contra Costa County. The development will consist of ten buildings, with construction slated to take six to ten years, and will become the largest...
East West Partners has begun demolishing two former retail buildings at First Avenue and University Boulevard to make way for Cherry Creek West, a 13‑acre mixed‑use development in Denver. The project will ultimately deliver 840 residential units, 600,000 square feet...
Transwestern announced that the Illinois Housing Development Authority (IHDA) has signed a 72,645‑square‑foot lease at Michigan Plaza, occupying space in the 225 N. Michigan Avenue tower. The lease was brokered for the landlord, Aegis Asset Management, by Transwestern executives, while Avison Young...
MacKenzie Commercial Real Estate Services has been chosen as the exclusive leasing broker for Culpeper Corner, a speculative mixed‑use development in Culpeper, Virginia. The project will comprise two buildings with over 21,000 sq ft of office and retail space, delivering 13 leaseable...
Commercial real‑estate financing firm Gantry has arranged a $12 million permanent loan to refinance debt on two industrial warehouses in Hillsboro, Oregon. The 10‑acre site comprises 192,000 rentable square feet, including a 152,000‑square‑foot single‑tenant building and a 40,000‑square‑foot multi‑tenant flex space....
Northshore Mall in Peabody, Massachusetts is expanding its tenant mix with the addition of Fogo de Chão and Shake Shack, marking the first North Shore locations for both brands. The mall also welcomed Old Navy and a renovated Foot Locker featuring a Kids Foot Locker concept....
Average Rent – 1 Bedroom (South Jersey) Cherry Hill, NJ – $2,040  Glassboro, NJ – $1,600 Vineland, NJ – $1,600  Collingswood, NJ – $1,670  Haddon Township, NJ – $1,750 Marlton, NJ – $1,800 Millville, NJ – $1,300 Atlantic City, NJ – $1,450 Moorestown, NJ - $2,045 Deptford, NJ -...
Gave a quick talk for agents in San Francisco today. Would you be surprised to learn that all the pandemic-era inventory in the city is completely gone? We really are in the next era of the housing market https://t.co/JmnzqbgEMn
The Federal Housing Finance Agency (FHFA) announced new insurance flexibilities for single‑family condominiums and rural mortgages, allowing actual‑cost‑value (ACV) coverage for roofs while keeping replacement‑cost standards for the rest of the property. The rule also streamlines the maximum per‑unit deductible,...
Mortgage rates rebounded Wednesday, climbing to the highest levels seen in several months after three rapid repricings. A stronger-than-expected Producer Price Index lifted inflation expectations, while a $6 jump in crude oil pushed bond yields higher. Fed Chair Jerome Powell’s...
