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.
Visionary hotelier Rami Fustok has listed his 5,500‑square‑foot, art‑filled London residence for about £5,000 (≈$6,600) per week. The apartment occupies New River Head, a former early‑20th‑century civic building in Clerkenwell, retaining grand boardroom spaces, high ceilings and Doric columns. It doubles as a private gallery, showcasing works by Nick Cave, David LaChapelle, Romero Britto and others from Fustok’s personal collection. Luxury amenities include under‑floor heating, lift access, three secure parking bays and a reservable Oak Room for intimate events.
Paying off a mortgage early eliminates interest payments but also removes the mortgage interest deduction, potentially increasing taxable income. Homeowners must weigh the loss of that deduction against the interest savings, especially if they currently itemize. Property tax deductions remain,...
A New York State Supreme Court judge ordered Bronx landlord Seth Miller to pay more than $2.1 million in fines and to complete urgent repairs at his 919 Prospect Ave. building within a strict timeline. The ruling, hailed by Mayor Zohran Mamdani as...
Lennar reported a 56% drop in first‑quarter profit, earning $229 million versus $520 million a year earlier. Revenue from home sales fell 13% to $6.3 billion as average prices and unit deliveries both declined. The company cited persistent headwinds – mortgage rates above...
Regional supermarket chain Big Y announced a $130 million expansion to add six new stores in Massachusetts and two in Connecticut. The investment moves the retailer toward its goal of 100 locations by its 100th anniversary in 2036. The plan includes...
Redfin’s latest survey shows investor activity in Florida slumping, with Orlando down 16% and Fort Lauderdale 15% year‑over‑year, while national investor purchases rose about 2% in Q4 2025. The decline is driven by soaring insurance premiums—averaging $5,838 annually, more than double...
The Federal Trade Commission is issuing $47.2 million in checks to more than 444,000 renters who paid undisclosed fees to Invitation Homes between January 2021 and September 2024. Eligible tenants will receive an average of $106, with checks that must be cashed within...
Chemical engineer Stephanie Lim drove 500 km from Gladstone to purchase a home in Brisbane before the market became unaffordable. She relied on parental assistance for the deposit while her regional job allowed her to save on rent. Lim plans to rent‑vest...
Canada’s federal government has enacted Bill C-4, launching a GST rebate for first‑time buyers of newly built homes. Eligible purchasers receive a full GST refund on properties priced up to $1 million and a partial refund on homes between $1 million and...
After years of double‑digit rent gains, the national median rent slipped 1.4% YoY to $1,353 in January 2026, its lowest level in four years. Vacancy rates climbed to 7.3% as new supply flooded the market, prompting landlords to offer concessions...
LS Power is planning a 205‑acre, four‑building data‑center campus outside Richmond, Virginia, that could draw power directly from the adjacent Doswell natural‑gas plant via a behind‑the‑meter connection. The site will feature a GE Vernova LM6000 gas turbine and on‑site solar...
Airline catering firm Gate Gourmet signed a 63,437‑square‑foot lease at the Inwood Logistics Center in Queens, while Chinese third‑party logistics provider Yanwen Express took an additional 23,800 square feet. The two deals total 87,237 square feet on the 10‑building, 1970s‑era...
Unlock offers a home‑equity agreement that provides homeowners a lump‑sum cash advance in exchange for a share of future property appreciation, eliminating monthly payments. The company emphasizes a fully digital application, transparent pricing examples, and extensive educational resources to simplify...
Redfin’s new methodology quantifies how phased marketing—letting sellers test price and control exposure before a formal MLS listing—can lower effective selling costs by 1.2‑2.4% of home value. By improving pricing accuracy and privacy, the model predicts a 15‑30% reduction in...
FIGRE Trust is launching the 2026‑HF3 securitization, selling $335.7 million of revolving home‑equity lines of credit (HELOC) in eight SOFR‑linked tranches. The A1A tranche holds $164.3 million and receives a 44.5% credit‑enhancement cushion, while lower tranches have progressively smaller enhancements. The underlying...
Jefferies analysts say artificial intelligence and an aging population are creating a powerful tailwind for senior‑housing REITs. They highlight Welltower, which has built a decade‑long data‑science platform, integrated OpenAI, and offers a 1.4% dividend, and American Healthcare REIT, a 2024...
The Federal Housing Administration announced that borrowers enrolled in its trial loan‑modification program can now make early payments before the trial period ends. The change gives homeowners the option to reduce principal faster and avoid default during the trial. Early...
Architect Bob Hale’s personal residence, the Beit Ha‑Ahava, has been relisted in Los Angeles for just under $5.3 million after a brief price reduction from $5.7 million. The 5,300‑square‑foot, five‑bedroom home in Cheviot Hills showcases perforated aluminum panels etched with the Hebrew...
The Real Brokerage’s February 2026 Agent Survey shows a pronounced optimism among its agents, with 73% expecting a stronger spring selling season than 2025 and 36% forecasting a significantly stronger market. Despite a dip in the Transaction Growth Index to...
Building automation systems generate massive data streams, yet many facilities lack tools to turn raw logs into actionable insight. Reliable Controls’ RC‑Reporter software lets owners visualize, automate, and share performance metrics without coding, freeing them from vendor lock‑in. The platform...
The Connecticut Housing Committee approved a bill, 11-8, that requires landlords of buildings with five or more units to provide a legitimate reason before evicting tenants who have lived there for at least one year. The legislation specifically targets no‑fault...
Better Home & Finance reported a $40 million net loss for Q4, while revenue held steady at $44 million and loan volume surged 56% year‑over‑year to $1.5 billion. The AI‑native lender announced a partnership with a top‑5 non‑bank originator and reaffirmed its goal...
Developers at a Bisnow South Florida event dissected the Biscayne 21 condo‑tower debacle, where Two Roads’ attempt to lower the termination threshold sparked a lawsuit that forced a $65 million repair bill. The case highlighted how a minority of holdout owners can halt...
Modern radiators are transitioning from purely functional heating elements to design assets in residential renovations. UK Radiators, a direct‑to‑consumer UK retailer, emphasizes independently verified heat output and a broad aesthetic range, with column models accounting for 40% of sales. The...
The Senate approved a sweeping housing package with an 89‑10 vote, featuring the 21st Century ROAD to Housing Act. A centerpiece is raising the public‑welfare investment (PWI) cap from 15% to 20%, a move expected to unlock new private‑activity bond...
Austin‑based REIT Stratus Properties announced it will liquidate its portfolio, selling the remaining nine properties and returning cash to shareholders. The decision follows a strategic review launched in December and aims to maximize value in a tax‑efficient manner. At the...
Russell Glen Co. plans to break ground later this year on Rivulet, a 90‑acre master‑planned community in Southern Dallas. The development will deliver roughly 300 single‑family homes, hundreds of multifamily units and a 20‑acre retail district, aiming to address the...
Kenyan President William Ruto defended the Affordable Housing Programme, unveiling 1,165 new units in Chesumei and handing over 250 homes in Kapsabet. He announced a Sh15 billion allocation to build 10,000 houses in Nandi County and another Sh15 billion for road upgrades,...
Prediction: We'll eventually see a wave of articles (followed by policymakers fretting over it) about "Wall Street" investing in manufactured housing. It'll be positioned as a "loophole" and/or consequence of the ban on single-family rentals. But it's not new at all. There...
Everyone says public schools in the US are free, but a Google engineer revealed the hidden cost of paying for school indirectly. In the US, public schools don't charge tuition fees, but if you want quality education, that depends on the...
Discount retailers Burlington and Ross are competing for Saks Off 5th locations as the bankrupt chain auctions 59 leases. Burlington submitted a $22 million offer for 22 stores across 12 states, while Ross placed a $4 million bid on four sites in California...
The Senate passed the bipartisan 21st Century ROAD to Housing Act, a policy‑oriented bill that revamps federal housing grants and reduces regulatory barriers without overriding local zoning. The legislation updates the HOME Investment Partnership Program, expands the Community Development Block...
Beeline has introduced a self‑service mortgage experience that lets borrowers complete applications, explore scenarios, lock rates and upload documents without a loan officer. The platform’s AI‑driven loan tracker processes data in seconds and offers real‑time assistance via a digital assistant...
The UK’s business rates revaluation takes effect on 1 April 2026, resetting the tax base for commercial properties. Andrea Barnes of Form Property warns that the new valuations will lift rates for many high‑street locations, hitting fashion retailers hard. Analysts expect cost...
H‑E‑B announced plans to construct a new supermarket on a dormant landfill in Buda, Texas, backed by more than $20 million in public incentives. The retailer will fund land remediation and roadway upgrades, while the city and county cover up to...
Simple rules: save, invest, avoid bad debt, earn more, be patient—most ignore them. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Condos are softer than the detached market. Cancellations have continued into 2026. Nothing at all like all-time highs in 2007, but this submarket is notably softer than detached homes. https://t.co/3krxTga2qS
Berkeley Group, a leading UK housebuilder, reaffirmed its profit outlook for the current fiscal year despite a backdrop of macro‑economic uncertainty. The company highlighted ongoing geopolitical tensions in the Middle East as a potential risk to housing market sentiment. While...
It's not actually that complicated: 1️⃣ There's no evidence that institutional purchases of existing single-family homes drives up prices. 2️⃣ Institutional financing, building, and ownership of new single-family homes expands the housing supply and drives down prices.
There's not going to be a revenue base here after they drive ultra HNW to Florida and Texas and keep giving boomers property tax breaks.
Two recent projects illustrate how purposeful design can deliver high‑performance, sustainable buildings. The East Seattle Partners office, a 15,000‑sq‑ft LEED Gold office, achieves a 47% energy reduction, 54% water cut and generates 25% of its power from rooftop solar. Newark...
Over the past 20 years, America has basically stopped building condos. Owing to a mix of restrictive financing regulations and endless defect litigation, the most viable path to urban homeownership has largely disapprared. In my latest for @TheAtlantic, we explain...
For a $600,000 home, a borrower will now have to pay $130 more per month than what they would have paid the day before the war started when rates were 5.99%
The United States is experiencing a deepening condo crisis as construction of condominium units has failed to recover from the Great Recession, falling dramatically below pre‑2005 levels. Restrictive zoning, onerous parcel‑designation processes, higher income‑tax treatment, and aggressive defect‑law litigation have...
Here’s a look at median price change since last year. We hit an inflection point in the spring where the trend went negative. Of course, the median isn’t a perfect price metric, but other price indexes are telling the same...
Lennar making a run at #1 homebuilder in America. Would be the first time for $LEN in ~10 years. https://t.co/0gp2tHaQZv
IKEA announced plans to open ten new U.S. stores in 2026, adding four locations that were just revealed and confirming six previously announced sites. The new stores include a city‑center format in Culver City, the brand’s first outlet in Oklahoma...
Unless you’re angling to sell or refinance your building in the short term: If the rental market is slow, better to lower your asking rents than to accept vacancy or fill your building with people who will dishonor their lease obligations.
If you want to understand America's renters, digest the implications of two charts from Harvard's Joint Center for Housing Studies. 1) Rent affordability is a bifurcated issue. Making >$30k? More than half your income goes to rent.. Making >$75k? You're spending...
Taking aim at #affordability: Bipartisan #Warren-#Scott bill aimed at speeding delivery of housing clears #USSenate. But #House has its own ideas. #realestate #CRE #multifamily #manufacturedhomes #Trump #POTUS #Dems #GOP #mortgage #NHC #SFrentals https://t.co/QKytaGiSA3
