Today's Real Estate Pulse
Hamptons luxury market stays hot as developers pour $300K into wellness amenities
The Hamptons continues its real‑estate boom, with high‑end homes like a $30 million Georgica estate attracting buyers. Developers are allocating as much as $300,000 per property for wellness features such as infrared saunas and IV drip services. The trend underscores sustained demand for premium amenities in the region.
Also developing:
Nashua Retail Trades After 20-Year Hold and Two Years on Market
Matthews brokered the sale of a 44,000‑square‑foot retail building at 166 Daniel Webster Highway in Nashua, New Hampshire for $8.8 million. The property, held by its developer for more than two decades, had been listed at $10 million and lingered on the market for over two years with little interest. By leveraging proprietary technology and a national buyer database, Matthews generated three off‑market offers and attracted a Massachusetts‑based private client. The deal closed 12% below the original asking price, delivering a clean exit for the seller and a value‑add acquisition for the buyer.
AutoStore Conducts Pio Pilot with OBOS for Residential Storage
AutoStore announced a pilot of its Pio automated storage system in partnership with OBOS, a leading Nordic real‑estate developer. The pilot, located in the OBOS Living Lab in Oslo, installs a 20 m² grid with 150 bins that can store up...
Vornado Buying 49% Stake in Fisher Brothers’ Park Avenue Plaza
Vornado Realty Trust is buying a 49% stake in the 45‑story, 1.2 million‑sq‑ft Park Avenue Plaza from Zhang Xin’s Closer Properties. The tower, valued at about $1.1 billion, comes with roughly $570 million of debt that Vornado will assume. Fisher Brothers retains the...
On Newest Atlanta Beltline Section, Big Development Ideas Sought
Beulah Heights University, one of the Southeast’s oldest Bible colleges, is marketing its 4.3‑acre campus and adjacent parcels along the newly opened Southeast Trail of the Atlanta Beltline. The property offers 400 feet of Beltline frontage in Ormewood Park, a submarket that...
Delegate to Scale: Stop Doing It All
Stop Doing Everything Yourself 🛑 Scale Your Business Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Marcus & Millichap Arranges Sale of 40-Unit Milwaukee Multifamily
Marcus & Millichap brokered the sale of Kane Place Apartments, a 40‑unit multifamily building in Milwaukee’s Lower East Side, for $3.52 million, equating to $88,125 per unit. The property, built in 1896 and fully leased with 30 studios and 10 one‑bedrooms, sits...
NYC’s Top Construction Permits: Week Ending April 24, 2026
New construction permits in New York City for the week ending April 24 2026 highlight a mix of high‑rise development, mid‑rise residential projects, and several demolition and alteration filings. Extell Development filed plans for an 86‑story, 1.65 million‑sq‑ft tower at 80 West 67th Street on the...
McHugh Construction, Powers & Sons Break Ground on Housing Development in Chicago’s South Loop
McHugh Construction and Powers & Sons broke ground on Southbridge 1C, a 12‑story mixed‑use building in Chicago’s South Loop. The project will deliver 80 market‑rate and affordable rental units plus a 1,500‑square‑foot retail space, designed by Gensler and developed by The...
Alexandria Real Estate Equities Posts Q1 Profit, FFO Surges to $3.73 per Share
Alexandria Real Estate Equities (ARE) posted a first‑quarter net profit of $358.9 million, or $2.10 per share, reversing a $11.6 million loss from a year earlier. Funds from operations (FFO) jumped to $3.73 per share, more than double the $1.65 per share...
CareTrust REIT Launches $628 Million Cross‑border Acquisition Spree
CareTrust REIT disclosed $628 million in acquisitions across North America and Europe, highlighted by a $380 million purchase of 15 skilled‑nursing facilities in California. The spree, funded through equity and debt, comes as the REIT earns an 8.8% blended yield and receives...
Spanish Footwear Brand Meermin to Open First DC-Area Location
Spanish footwear label Meermin is opening a 1,630‑square‑foot boutique in Georgetown, Washington, D.C., marking its fourth global store and second in the United States. The lease was brokered by JLL for landlord EastBanc, adding to Meermin’s flagship SoHo location and...
Hotel-to-Residence Conversion Boosts Downtown Vitality
Cool news from @urbanizeatlanta_ The beautiful Rhodes-Haverty tower (1929) is slated to be converted from a hotel to residential. As I've said for years and years, Downtown needs many more homes than it has. Being primarily a place for visitors...
Supermicro Launches 714,000‑sq‑ft Silicon Valley Campus to Boost U.S. AI Data‑center Capacity
Super Micro Computer (NASDAQ: SMCI) opened a 714,000‑square‑foot campus on 32.8 acres near its San Jose headquarters, its largest U.S. site to date. The expansion adds hundreds of engineering and manufacturing positions and is aimed at accelerating domestic AI data‑center...
Report: Puget Sound Industrial Vacancy Reaches New High
Puget Sound’s industrial market ended Q1 2026 with vacancy climbing to 11.5%, a 230‑basis‑point year‑over‑year rise and a regional record. Net absorption turned negative, registering a -0.8 million‑square‑foot deficit, while new supply surged to 2.5 million sq ft, the most completions since late 2023....
Bed Bath & Beyond Q1 2026 Revenue Rises 7% as Net Loss Narrows to $16.4M
Bed Bath & Beyond reported first‑quarter 2026 revenue of $247.8 million, up 6.9% year‑over‑year, while net loss narrowed to $16.4 million. Management highlighted cost reductions, AI‑driven efficiencies and ongoing store‑footprint optimization as the drivers of the modest rebound.
Former Brooklyn Nets Star Ben Simmons Relists Olympia Dumbo Pad
Former NBA All‑Star Ben Simmons has relisted his Olympia Dumbo duplex for $15 million, lowering the price from the $17 million he originally sought. He bought the 5,300‑sq‑ft, five‑bedroom unit for about $14 million in 2023 while the building was still under construction....
The 'Amazon Effect' Is Creating Instant Demand For Office Space
Houston brokers are witnessing an "Amazon Effect" in office leasing, where tenants seek 20,000‑square‑foot spaces ready for occupancy within a month. Average lease sizes have shrunk to about 3,800 SF from 6,000 SF pre‑COVID, driving demand for move‑in‑ready spec suites that typically...
Inside Northview: A New Workforce Housing Model for Active Seniors in Nashville
Northview is a new workforce‑housing project in Nashville designed for active adults aged 55 and older who remain employed but face rising living costs. Developed through a partnership between Urban Campus, ULI and the Born Again Church, the community combines...
Suburban Philly Resi Conversions Rarely Pencil Despite High Demand
Office‑to‑residential conversions are booming in Center City but remain rare in Philadelphia’s suburbs despite a 25.1% office vacancy rate and strong rental demand. Suburban multifamily supply grew only 0.2% last year, while rents rose 3‑4% in Chester and Delaware counties...
Real US Housing Wealth Contracts Ninth Month
The Case‑Shiller 20‑city index posted a modest 0.9% gain in February, the slowest pace since July 2023, marking the ninth consecutive month that real U.S. housing wealth has shrunk. Price growth is now negative in more than half of the...
Mortgage Rates Rise to 2-Week Highs
Mortgage rates climbed to a two‑week high, with the 30‑year fixed rate reaching 6.38%. Lenders typically set rates once per day, so they did not react to the bond market’s gradual decline until the morning. A second day of bond...
Homeownership Isn’t Always Financially Smarter, but Protects School Stability
Have said this a hundred times - the idea that owning a house is a better economic move than renting + investing the extra money that would go down payment / maintenance / appliances / prop taxes in the S&P...
What Ontario’s Assessment Freeze Is Costing Toronto Businesses
Ontario’s property‑assessment freeze, locked at 2016 levels, is forcing Toronto businesses to pay taxes on values that no longer exist. Analysis of 42 large office sales shows more than 40% are overtaxed, with 18 properties paying over 50% above market...
Vernon Building Society Partners with FintechOS to Power New Mortgage Platform
Vernon Building Society has teamed with FintechOS to launch a unified mortgage platform built on FintechOS 8. The solution runs above Vernon’s legacy core, eliminating the need for a costly system replacement while covering the full origination workflow. Powered by no‑code...
GFP Separates Development Business From Rest of Firm
GFP Real Estate has spun off its development arm into a new affiliate, GFP Development, headed by Brian Steinwurtzel. The move is intended to clarify branding and give Steinwurtzel credit for his projects, which include high‑profile Manhattan conversions such as...
How Mortgage Revenue Bonds Can Boost Your Portfolio
The article explains how state and local housing finance agencies issue mortgage revenue bonds (MRBs) to fund affordable single‑ and multi‑family housing, detailing their structures, credit quality, and market dynamics. It highlights that MRBs, backed by government‑pledged assets and often...
Sierra to Open First Florida Store, Fourth Kentucky Location
Sierra, the outdoor‑themed off‑price chain owned by TJX Companies, announced it will open its first Florida store in Jacksonville and its fourth Kentucky store in Owensboro on May 30, 2026. The Jacksonville location occupies a 16,700‑square‑foot space previously held by Petco...
Garry Marr: Are Young FHSA Savers About to Get Duped Again?
Canada’s First Home Savings Accounts (FHSA) have surged to roughly $8.07 billion CAD (about $6 billion USD) by the end of 2024, with an average balance of $8,000 CAD (~$5,900 USD) per holder. Meanwhile, the housing market remains soft, with average home...
Los Angeles Mayor Karen Bass To Speed Up Permits After Meeting With Trump
Los Angeles Mayor Karen Bass signed an executive order to overhaul the city’s building‑permit process, a move prompted by a recent meeting with President Donald Trump who criticized LA’s slow post‑wildfire rebuilding. The order introduces artificial‑intelligence review, expands pre‑approved housing...
Home Ownership Rate at 65.3% in Q1 2026
The Census Bureau reported a seasonally adjusted homeownership rate of 65.3% for the first quarter of 2026, a 0.4‑point dip from the fourth quarter of 2025. Rental vacancy held steady at 7.3% while homeowner vacancy remained low at 1.1%. The...
Single‑Family Delinquencies Slip; Multi‑Family Near Bust Levels
Fannie and Freddie: Single Family Delinquency Rate Decreased Slightly in March Fannie Mae Multi-Family Delinquency Rate Near Housing Bust High https://calculatedrisk.substack.com/p/fannie-and-freddie-single-family-b15
Metro Home Prices Diverge: Winners and Losers Nationwide
Chart: Year-over-year shift in home prices across the 50 largest metro area housing markets Where do you think home prices in your local housing market head next? Take the @_TurboHome-ResiClub Housing Sentiment Survey: https://t.co/x319m6NQxc
Fannie and Freddie: Single Family Delinquency Rate Decreased Slightly in March
In March, Freddie Mac’s single‑family serious delinquency rate slipped to 0.60%, down from 0.61% in February, while Fannie Mae’s fell to 0.58% from 0.60%. Both rates remain near pre‑pandemic lows and only marginally above year‑over‑year levels. Historic peaks reached 4.20%...
Modern Codes Complicate Classic Rowhome Vestibule Designs
I really want to build rowhomes with vestibules again It’s often very tricky to do now with circulation requirements because they are so much deeper than these historic ones https://t.co/TXWZPcM1m8
Cheap Chinese Property, But Capital Controls Trap Returns
I'd say "Now is the time to buy some cheap Chinese real estate", except you shouldn't. China has capital controls, meaning that even if prices go back up, you won't be able to get your money out of the country.
Homeownership Rate Steadies at 65.3% in Q1
The U.S. homeownership rate held steady at 65.3% in the first quarter of 2026, unchanged from the previous quarter and a year earlier. Homeowner vacancy slipped to 1.1% while rental vacancy remained at 7.3%, indicating a pause in the modest...
Mortgage Rates Dip, Spread Widens to 202 Bps
The average 30-year fixed mortgage rate today: 6.38% Same day last year: 6.82% -------------------- 10-year Treasury yield today: 4.36% Spread today: 202 bps
Strategic Low Pricing Fuels Two‑Week SF Contracts
Most properties get into contract within two weeks in San Francisco. The market is really hot right now, but this is also about properties being priced strategically low to generate multiple offers to get into contract quickly. Any thoughts? https://t.co/B899f4lZ1d
Fetner, PGIM Team up on $65M Columbia Student Housing Buy
Fetner Properties and PGIM closed a $65 million sale‑leaseback for Columbia University’s Arbor student housing in the Bronx. The 126‑unit, nine‑story building was purchased with $47.6 million in acquisition financing and a bridge loan to fund upgrades. Columbia will continue leasing the...
Haggerty Bill Rewards Cities Cutting Housing Barriers
While ROAD gets all the attention, there's a better pro-supply bill getting sparse attention that would likely produce far more housing (for sale and for rent), proposed by Sen. Haggerty. It's premise is simple: Reward cities that remove barriers to housing...
LA Mansion Tax Hinges on Statewide Negotiations or November Vote
The future of the Los Angeles mansion tax is now a) tied to the fate of high-level negotiations over the bevy of tax initiatives on the table statewide or b) voters in across California in November. https://t.co/GqTXJdLwsg
A New Social Security Proposal Could Fast-Track Seniors Paying Off Mortgages in Retirement
A Republican‑backed Senior Citizens’ Freedom To Work Act would eliminate the Social Security retirement earnings test, allowing seniors to keep full benefits regardless of income. The current law caps earnings at $24,480 for workers under full retirement age and reduces...
Retail Footprints Shrink as Tenants Favor Prime Sites
If you can get tired walking around it, it's probly too big. #Retail recalibrating. Tenants shrink their footprints. Demand concentrating on top-tier locations. #realestate #CRE #NAIFarbman #ICSC https://t.co/SwWQPgBj0G
Mortgages Are High Stakes. Can AI Be Trusted to Get It Right?
Mortgage lenders are turning to neuro‑symbolic artificial intelligence to address the high‑stakes risk of erroneous underwriting. LoanLogics CEO Dave Parker argues that combining pattern‑recognition with explicit regulatory rules creates a transparent, auditable model that can satisfy the Equal Credit Opportunity...
St. Regis Chicago Hotel Owners Land $125M Refi: The Chicago Deal Sheet
Gencom and GD Holdings have secured a $125 million refinancing for the 192‑key St. Regis Chicago hotel, replacing the original $76 million acquisition loan from Varde Partners. The new financing, arranged with Banco Inbursa, allows the owners to extract roughly $49 million in equity....
Affordability Improves Across All Top 100 US Housing Markets
First American’s February 2026 Real House Price Index revealed an 11% year‑over‑year improvement in housing affordability across all 100 tracked U.S. markets, the first such broad gain since October 2024. Real home prices fell 11% while consumer buying power rose 12.6%, driven...
Fashion Designer Pamella Roland Takes 10K-SF Office at 462 Seventh Avenue
Hollywood designer Pamella Roland has secured a five‑year lease for a 10,013‑square‑foot office at 462 Seventh Avenue in Midtown South. The lease runs at $45 per square foot, translating to roughly $450,000 in annual rent. The newly renovated space offers...
PROPTECH-X : What Actually Drives Tenant Experience in Commercial Real Estate?
The article argues that "tenant experience" in commercial real estate is an outcome, not a collection of apps or gadgets. It stresses that seamless connectivity, friction‑free access, comfort, responsiveness, and consistency are the true drivers of satisfaction. These outcomes depend...
Inflation Outpaces Home-Price Growth for 9th Straight Month
Mortgage rates slipped below 6% in February, the first sub‑6% level since 2022, but home‑price growth continued to decelerate. The S&P CoreLogic Case‑Shiller index showed a modest 0.7% year‑over‑year increase nationally, while more than half of major metros recorded price declines....
Marketing Agency Sportfive Inks 18K-SF Lease at RFR’s 477 Madison Avenue
Sportfive, the Hamburg‑based sports marketing agency, signed a long‑term lease for 18,038 square feet at RFR’s 477 Madison Avenue in Manhattan. The lease covers a prebuilt, full‑floor suite opposite St. Patrick’s Cathedral, though the exact term and rent were not disclosed....