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.
Inheriting a home offers a tempting entry into the booming short‑term rental market, but the path is riddled with tax and regulatory pitfalls. The IRS grants a step‑up in basis, resetting the cost basis and allowing a fresh 27.5‑year depreciation schedule. However, rentals averaging seven days or less are re‑classified as a business, triggering Schedule C and a 15.3% self‑employment tax. Local jurisdictions often tighten STR rules during probate, making compliance essential before listing the property.
If you have a property that is not going to sell for what it’s worth, you might consider holding onto it, renting it out, and then selling it later on when the market is better. Follow @chasecalhoun.realestate for more on build-to-rent...
MAG Partners, led by MaryAnne Gilmartin, is scouting a senior development executive to launch a mixed‑use tower in Miami exceeding one million square feet. The project will combine a hotel, luxury condominiums, and retail components. Gilmartin, known for the Barclays...
Housing inventory rose 7.9% year‑over‑year in February, reaching over 914,000 homes, but month‑over‑month growth stalled at 0.2%, marking the ninth consecutive month of flattening gains. Supply increases were led by the South and West and skewed toward properties priced below...
U.S. mortgage rates slipped below 6% for the first time in over three years, reviving affordability and prompting forecasts of an 8% rise in home sales by 2026. Despite the rate dip, new‑home construction is expected to decline modestly, with...
Mortgage rates remained relatively flat this week despite opposing forces in the bond market. A sharp surge in oil prices initially pushed rates higher by stoking inflation concerns, but a surprisingly weak jobs report later that day pulled yields down....
A new National Low Income Housing Coalition report reveals a shortage of 7.2 million affordable rental units for very‑low‑income households, equating to just 35 units per 100 residents. The gap affects 11 million renters earning below 30 % of area median income and...
Mayor Cherelle Parker’s administration has proposed expanding Philadelphia’s transit‑oriented development overlay by 164%, extending the radius around SEPTA stations to a quarter‑mile. The change would allow developers to build 50% more multifamily units than current zoning permits, while explicitly barring...
Congress is advancing the ROAD to Housing Act, which would bar any entity that owns or manages more than 350 single‑family homes from purchasing additional properties. While aimed at curbing private‑equity concentration, the bill’s broad definition also captures Regulation A real‑estate...
Kroger announced a footprint‑optimization plan in June 2023 to close roughly 60 stores nationwide. To date, 33 locations have shuttered and three more are confirmed for 2024, spanning the Kroger banner and subsidiaries such as Fred Meyer, Harris Teeter, and King Soopers....
Another horrendous jobs report saved mortgage rates today. Had it come in hot, we'd likely have a 30-year fixed closer to 6.25% again during peak home buying season. Granted, w/o the conflict in Iran we'd probably be at 5.875% or lower...
David Weekley Homes has launched Grandview Terrace, a gated townhome community in Canton, Georgia, just two miles from I-575 and the Mill on Etowah. Priced in the high $300 k range, the development offers three‑story, 3‑bedroom floorplans, a future pool and...
Crane Worldwide Logistics has signed a 992,000 sq ft lease in McCook, Illinois, to store Amazon Web Services data‑center equipment. The warehouse, developed by Bridge Industrial, sits within thirty minutes of O’Hare Airport, offering strategic logistics advantages. The deal follows a wave...
Whitestone REIT hired Bank of America to manage a potential sale after attracting interest from private‑equity firms Blackstone and TPG. The REIT, which owns 56 shopping‑center properties across the South, has faced ongoing pressure from activists to go private and...
Hialeah’s new mayor launched a $1.2 million property‑tax rebate that wipes out city taxes for low‑income seniors, delivering average checks of $539. The program, funded by front‑loading pension commitments, is presented as budget‑neutral and was implemented in under 45 days. At...
U.S. workers now need about 66 full workdays each year to cover rent, groceries and a used car, seven days more than in 2007. Although average hourly wages have risen 66% since the 2008 crisis, the cost of essential goods...
Amazon Web Services is poised to invest $750 million in a new data center on a 99‑acre site in Clinton, Mississippi, repurposing the former Milwaukee Tool facility. The city council approved a fee‑in‑lieu tax arrangement, though final approval from the Mississippi...
The Mortgage Industry Standards Maintenance Organization (MISMO) has elevated the data mapping for VA Form 26‑1820 and the HUD FHA Addendum to candidate recommendation status, making standardized XML datasets available for industry use. The VA mapping translates the loan disbursement report...
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Georgia’s House Bill 295 would let property owners sue cities or counties that adopt policies limiting enforcement of illegal camping, loitering, drug possession, shoplifting or sanctuary rules. The bill creates a civil cause of action, capping damages at the amount...
Resurgence Commercial Partners (RCP) is leading an 8‑acre mixed‑use project in Atlanta’s Vine City, anchored by a 30,000‑square‑foot innovation and learning center for Morris Brown College. The development will also feature a 100‑room boutique hotel, 200 mixed‑income rental units, and...
Lou Malnati’s Pizzeria has signed a lease for its 61st Chicagoland location in St. Charles, Illinois, slated to open in fall 2026. The 6,200‑square‑foot venue will feature a full‑service restaurant, bar, private dining, and outdoor patio with seating for about...
Existing home sales in 2024 averaged 4.1 million units, the weakest pace since the mid‑1990s and about a quarter below the 5.3 million average recorded in 2018‑2019. Analysts argue that mortgage rates must fall to roughly 5.5% to revive the market as...
The Zuckerman Group has secured leases with national retailers T.J. Maxx and Ulta Beauty for Midtown at Bonita, a 68‑acre mixed‑use development in Bonita Springs, Florida. The project already has nearly 100,000 square feet of retail space committed, alongside a...
As soon as the rate shock occurred—and switching costs surged—we saw U.S. new listings fall a notch as some of that attempted churn was knocked off That effect was most acute out of the gate Ever since, we’ve slowly seen new listings...
In 2016 we broke ground on our first self storage development. I had just turned 27 and had personally guaranteed a $1.5 million loan to make this happen. We put in about $500k of our own cash (from a small business we...
Prime, a health‑care property developer, has partnered with German industrialised‑construction firm Goldbeck to deliver Oak House, a 79‑unit apartment block for key workers in Dorchester. The scheme will use Goldbeck’s prefabricated concrete frame, hollow‑core floors and modular walls, marking the...
Home equity investments (HEIs) let homeowners unlock cash without creating a traditional loan, so they generally do not appear on credit reports. The only direct credit‑score hit comes from a hard inquiry during application, which is usually temporary. Because HEIs...
Comexposium has named Annabelle Serres to head its flagship Paris tradeshows Siec and NRF Retail’s Big Show Europe. Serres arrives with nearly two decades of experience running large‑scale events such as Viscom Paris and IFTM Top Resa, plus a recent...
The article outlines optimal uses for a home‑equity‑loan lump sum, highlighting high‑ROI home improvements, debt consolidation, and medical or education costs while warning against non‑essential spending. It notes that lenders impose no usage restrictions, but the home serves as collateral,...
Macau’s residential market contracted in 2025 as total transactions slipped 9.2% to 2,775 units, prompting developers to cut prices and focus on pre‑sale projects, which surged 44.8% to 333 deals. Supply remained limited, with only ten approved projects adding 484...
In this episode James Cook talks with Taeyeon Kim, Chief Development Officer of CJ Foodville’s Tous les Jours, about the brand’s rapid expansion across the U.S. Kim explains the bakery‑café’s French‑Asian concept, its menu highlights like matcha, ube drinks and...
Homeowners can combine a home‑equity line of credit (HELOC) and their first mortgage into a single, fixed‑rate loan through a cash‑out refinance. The strategy is most attractive when the HELOC’s variable rate is climbing, mortgage rates are low enough to...
SpareBank 1, Norway’s leading mobile‑banking provider, has teamed up with Tieto Banktech to build a data‑driven digital mortgage platform. The multi‑year partnership will embed a dynamic, self‑service loan application into SpareBank 1’s mobile app, leveraging AI and real‑time data to...
Manhattan Supreme Court Judge Paul Goetz ruled in favor of Shahn Andersen, allowing him to proceed with the purchase of a 6‑story industrial building at 349 West 37th Street in the Garment District. The decision overturns seller George Makkos’ attempt...
The 2026 State of the Workplace report argues the office isn’t disappearing, but evolving into a dynamic catalyst for collaboration, culture, health, and innovation. Drawing on insights from 11 thought leaders, it highlights that 93% of employees prioritize flexibility in...
TFG London is launching its first tri‑brand outlet, uniting Hobbs, Phase Eight and Whistles under one 3,851 sq ft roof at The Boulevard in Northern Ireland, slated for a spring opening. The concept offers discounted womenswear, footwear and accessories while preserving each...
PMG and Ennismore have partnered to launch Delano Hotels' first branded residence, a 90‑storey, 421‑unit tower in downtown Miami. The development, designed by Cube 3 with interiors by Meyer Davis, offers studios to three‑bedroom units featuring custom cabinetry, integrated appliances and smart‑home...
Japan’s big bet on the U.S. housing market got even bigger last week Japanese builders are rapidly acquiring U.S. homebuilders—now Daiwa House is buying United Homes That came just 10 days after Japan-based Sumitomo Forestry said it's buying Tri Point Homes...
All 11 of the biggest homebuilders tracked by ResiClub are seeing year-over-year margin compression Homebuilders—especially those with a big presence in some of the softer markets in Texas and Florida—are still in cost-cutting mode ResiClub PRO report: https://t.co/w9iTXbeCx0
Mortgage spreads continue to keep mortgage rates in check as Iran war sp... https://t.co/iBMRx6aFsB via @YouTube
The problem with the NYCHA no-new-towers campaign is it's a bridge to nowhere. No white knight is coming in to bankroll $80 billion in repairs. There's an actual plan to fund better public housing by cross-subsidizing with market-rate housing. The alternative...
This NYT piece doesn't get the framing around housing politics right, but does lay out explicitly that the Mamdani administration's strategy is to let rent-stabilized buildings go into bankruptcy and use that as leverage for public or nonprofit ownership https://t.co/MVpSmuHQ9W
Home sales peaked in 2005 Home Sales crashed from 2005 to 2008 Inventory spiked before the recession started 2005 2.5 million Inventory 2007 4,000,000 Inventory Currently at 1.22 million Normal is 2-2.5 million Credit channels have run inventory channels for...
Scout Out (@scoutoutai) is building AI-powered project management for residential contractors — handling estimates, docs, and job admin so they can keep their hands on the hammer, not the keyboard. Congrats on the launch @NolanRossi100! https://t.co/hyA8c1GPeI https://t.co/hU6KeYIKDc
Surging inflation and sagging employment double whammy for the fragile real estate market in 2026 https://t.co/4yrdR28tG3
Selling above or below? Here’s a look at properties that sold above, below, and at the original list price last month in the wider region. The market isn’t the same in every location. Any thoughts? https://t.co/8CHHvxLyKV
Bilt users are PISSED. Delayed or bounced rent payments. Customer service from unhelpful AI bots with human agents seemingly missing in action. Any info on what’s happening? My DMs are open.
If you work for #Anywhere in #MadisonNJ, you might want to polish up your resume. Merger w/#Compass costs 110 jobs at combined #brokerage giant. 270KSF Anywhere HQ up for lease. #realestate #MandA #mortgage #NJ #layoffs #JLL #RobertReffkin https://t.co/4SsKTtsrg2
This undershoots the mark. At @americanhousing we're already under these (in some places) Because conventional methods are labor intensive, construction is higher in places with: 1) High rents 2) Scarce labor That's why we're building in: 1) Infill Cities 2) Mountain towns
