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:
8990 Expands Colocation Deal with PLDT Data Center
8990 Holdings Development Corp announced an expanded colocation agreement with PLDT’s data‑center arm VITRO, adding Makati and additional facilities to its existing Cebu footprint. The deal gives the affordable‑housing builder direct access to VITRO’s high‑capacity data centers, including the 50‑megawatt Sta. Rosa site, ensuring data remains available during disasters. VITRO, which operates 11 centers nationwide, will continue to host 8990’s document‑management and sales‑office systems. The partnership, in place since 2019, has already proven its resilience during Typhoon Odette and the 2025 earthquakes.
SM Prime Profit Flat in Q1, Eyes Cut in Capex
SM Prime Holdings reported flat first‑quarter net income of ₱11.66 billion (≈$212 million) while revenue rose modestly 2% to ₱33.3 billion (≈$606 million). Rental income surged 8% to ₱21.6 billion, cushioning a 16% drop in real‑estate sales. The developer, which earmarked ₱100 billion (≈$1.8 billion) for 2026...
Repeat‑sale Prices Rise Faster than Median Home Values
Home prices based on repeat-sales, meaning the same property that sold twice. Flying higher. This differs from median prices, which don't control for size, quality, or location. Repeat sales track how prices are changing over time, while median shows what...
Blackstone-Backed Bagmane Prime Office REIT to Go Public; Plans to Raise ₹3,405 Crore via IPO
Bagmane Prime Office REIT, backed by Blackstone, filed its offer document to raise up to ₹3,405 crore (≈ $415 million) through an IPO. The raise comprises a fresh issue of ₹2,390 crore and an offer‑for‑sale of ₹1,015 crore, with the issue opening on May 5 and...
There Is No Other One
Gary Mittin, a 28‑year Southern California commercial broker, highlights that a single stand‑alone warehouse under 5,000 sq ft is currently on the market in Riverside County. The 4,791‑sq ft property at 1808 Container Circle offers 400 amp power, two loading doors, and parking, priced...
Brooklyn Developer’s Quay Tower Condo Scores Borough’s Top Contract
Brooklyn Home Company co‑founder Bill Caleo sold his renovated Quay Tower condo for $11.9 million, the highest contract among 29 Brooklyn deals signed between April 20‑26. The six‑bedroom, 4,500 sq ft unit was created by merging two unfinished spaces and features luxury finishes, private...
Shaftesbury Capital Adds Horatio and De La Vali to Adjacent Soho Spaces
Shaftesbury Capital has secured two adjacent retail spaces on Soho’s Marshall Street, welcoming independent footwear label Horatio and converting De La Vali’s pop‑up into a permanent store. Horatio occupies an 800 sq ft showroom featuring its signature loafers, laced shoes and unisex apparel, while...
Ingles Markets’ Real Estate Grabs Attention in Proxy Fight
Ingles Markets faces a proxy battle as activist investor Summer Road, which owns about 3% of the company’s Class A shares, seeks election of its nominee, Rory Held, to the board. Summer Road argues that Ingles has let hundreds of acres...
Your MLS Just Learned to Talk
FBS introduced the Flexmls MCP Server, an open‑standard bridge that lets Flexmls subscribers query their entire MLS database through AI models like ChatGPT, Claude or Gemini. The connection relies on the Model Context Protocol (MCP), allowing agents to ask natural‑language...
US House Prices Freeze in February
U.S. house prices stalled in February, with the FHFA House Price Index showing a 0% month‑over‑month change while still up 1.7% year‑over‑year. The pause follows a modest 0.2% January gain after an earlier 0.1% rise. Mortgage rates briefly fell below...
Risking Savings to Open Store Amid CA Retail Vacancies
~Every day on here, I read someone complaining about vacant retail spaces in walkable areas in their cities in CA. Let me ask you a ?: How much of *your* personal life savings and time would you be willing to risk...
SD Case-Shiller Index, Feb
The San Diego Case‑Shiller Index held steady at 442.13 in February, mirroring levels from both the prior and current springs, indicating a prolonged flat market. Nationwide, more than half of major metros posted year‑over‑year price declines, with the S&P Cotality Case‑Shiller...
“Nesting”…Retailers Have A Gen Z Problem
Home‑improvement retailers are confronting a slowdown as Gen Z postpones homeownership, driving a 40 % drop in home‑sale volumes since 2020 and shrinking first‑time buyer share by half. Lowe’s revenue fell 10 % and Home Depot’s margins narrowed 20 %, while Wayfair logged $4.8 billion...
How the U.S. Tourism Slump Is Hitting Short-Term Rentals: Exclusive
AirDNA’s first‑quarter data shows international short‑term rental demand in the United States slipping faster than overall visitor numbers, with a 4.7% drop in January versus a 3.5% decline in inbound tourism. Canadian bookings led the downturn, falling more than 20%...
SL Green Partnering with Hyundai to Lease Tribeca Office
Hyundai has agreed to sell its 15 Laight Street Tribeca office building to SL Green for $275 million, up from the $247 million it paid in 2023. SL Green will lease the 109,000‑square‑foot property through its $1.3 billion debt platform and assume asset‑management responsibilities. The transaction...
Coop Alleanza 3.0 Reports a 5.3% Rise in Fruit and Vegetable Sales
Italian cooperative retailer Coop Alleanza 3.0 posted a consolidated profit of €38.5 million (about $42 million) for fiscal year 2025, up €20.4 million from the prior year. Total retail sales climbed 2.3% to €5.87 billion ($6.4 billion). Sales of fruit and vegetables jumped 5.3% to €23.3 million ($25.4 million),...
Morningstar DBRS Assigns Credit Rating to the Mortgage Loan Made to Cypress La Habra Associates, LLC
Morningstar DBRS assigned an “A” rating with a Stable trend to the 3.20% mortgage loan due 2031 that finances Cypress La Habra Associates’ 173,467‑sq‑ft industrial and self‑storage campus in La Habra, California. The loan is interest‑only, carries a current balance...
Cooley Signs Lease for New State‑of‑the‑Art Redwood City Office
Cooley LLP has signed a lease for a 145,000‑square‑foot office spanning the top four floors of a custom‑built tower at 1900 Broadway in Redwood City, with move‑in slated for early 2030. The new space will feature a centralized conference center,...
Medical Office Demand Strong; Costs Stall New Supply
Medical office occupancy has reached a cyclical high of 92.4% across the top 100 metros. Absorption is keeping pace with completions. Demand is not the problem. The constraint on new supply isn't lack of tenant demand; it's construction costs that hit an...
20th Century Vs. 21st Century Housing, Part 1
The article contrasts 20th‑century housing, which was marked by cyclical construction that rose and fell with household formation, with today’s 21st‑century market where permanent supply restrictions dominate. In "closed‑access" cities such as New York and San Francisco, policy‑driven limits on...
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6 Outdoor Upgrades That Can Boost Your Home’s Value Almost Instantly
Homeowners can quickly boost curb appeal and resale value by targeting key outdoor upgrades. A refreshed entrance—painted front door, new hardware, and landscaping—costs $500‑$2,500 and can lift sale price by $6,000‑$10,000. Larger projects such as privacy walls, landscaping redesigns, outdoor...
The Reveal in NYC: This ‘One-of-a-Kind’ Apartment Just Off City Hall Park Is Now Listed for $2.199 Million
A 1,700‑sq‑ft loft‑style unit in Park Place Tower, a former American Tract Society headquarters near City Hall Park, is listed for $2.199 million. The two‑bedroom, two‑and‑a‑half‑bath apartment features 16‑foot ceilings, 11‑foot arched windows, a private terrace, and high‑end finishes. The building,...
EQT Real Estate Raises €3.1bn for Latest European Logistics Fund
EQT Real Estate announced the closing of a €3.1 billion ($3.35 billion) European logistics fund, the firm’s latest vehicle targeting high‑growth warehouse assets across the continent. The capital was sourced from a broad base of global institutional investors, underscoring strong demand for...
Commentary: Case-Shiller Home Price Index: National Growth Decelerates to 0.7% in February
The S&P Cotality Case‑Shiller National Home Price Index rose just 0.7% year‑over‑year in February, a slowdown from 0.8% in January. The modest gain comes despite a brief dip of the 30‑year fixed mortgage below 6% and follows nine consecutive months...
Meyer Turku to Build New Headquarters, Launching Multi-Year Investment Program
Finnish shipbuilder Meyer Turku announced a $46.8 million headquarters project adjacent to its shipyard in the Blue Industry Park. The development will comprise two office towers totaling about 12,000 sq m, with construction slated for summer 2026 and completion in early 2028. The...
Forced Sale Clause Undermines Build‑to‑Rent Viability
This line from the WSJ article on build-to-rent construction freeze tells you a lot: The authors of the ROAD to Housing heard this statement (which is generally true), and totally whiffed on understanding what it meant and why a forced...
Southbridge 1C Breaks Ground, Adding 80 Mixed‑Income Apartments in Chicago’s South Loop
The Community Builders and city officials broke ground on Southbridge 1C, the third phase of the Southbridge redevelopment at the former Harold Ickes Homes site. The 12‑story building will deliver 80 apartments—44 affordable and 29 right‑of‑return units—alongside 1,500 sq ft of retail,...
CBRE Forecasts 18% Rise in US CRE Deal Volume in 2026, Office & Retail Lead
CBRE’s Global Head of Research, Henry Chin, PhD, told Broadcast Retirement Network that U.S. commercial‑real‑estate transaction volume is set to climb 18% in 2026 after a 20% jump in Q1 activity. He highlighted office and retail as the sectors with...
Downtown Women's Center Project Rises at 501 E. 5th Street
Wood framing has begun rising above the concrete podium of Rosa’s Place, a new supportive housing project at 501 E. 5th Street in downtown Los Angeles. The seven‑story building, designed by KFA Architecture and Gensler, will contain 97 permanent supportive...
Affordable Housing Proposed at 1252 W. 38th St. In Exposition Park
A five‑story, 76‑unit affordable housing project has been proposed at 1252‑1258 W. 38th St. in Exposition Park, just south of the Metro E Line. The development will offer studio and one‑bedroom units for low‑ and moderate‑income renters, with no on‑site parking. The applicant, Albert B. Bitong,...
Priority1 Adds Second Floor in Little Rock’s Regions Center to Boost B2B Logistics
Priority1, a Little Rock‑based third‑party logistics firm, signed a lease for an additional full floor in the 30‑story Regions Center tower. The expansion, announced this week, underscores the company's scaling freight operations for B2B clients.
US Case-Shiller February 20-City House Price Index -0.1% M/M vs +0.2% Expected
The S&P Cotality Case‑Shiller 20‑City Composite fell 0.1% month‑over‑month in February, missing the 0.2% gain analysts expected. Prices rose 0.9% m/m versus a 1.1% consensus, while the FHFA index was flat at 0.0% after a prior 0.1% rise (revised to...
Which Is Harder, an Owner or Occupant Assignment?
Allen C. Buchanan, SIOR, examines the two core commercial‑real‑estate brokerage assignments—occupant (tenant) representation and owner representation—and asks which is harder. He outlines the detective‑style discovery required to translate vague space requests into actionable strategies for occupants, and the market‑driven pricing...
Berkeley Targets Net-Zero by 2045 in New Transition Plan
Berkeley Group has unveiled a Net Zero Transition Plan that targets full carbon neutrality across its value chain by 2045, five years ahead of the UK’s national timetable. The plan updates its Science‑Based Targets, committing to an 86% cut in...
Never Let Tenants Bypass Your Team
Cardinal rule of property management: Never allow tenants to go around your team to get a different answer from you. - Undermines your team’s credibility w tenants - Demoralizes them - Guarantees you get a lot more, similar calls going forward (If you...
Office Demand Rebounds to Highest Level Since Covid Pandemic Began
The VTS Office Demand Index hit its highest level since the pandemic, rising 18% from Q4 2025 and 13% year‑over‑year, driven by a surge in new in‑person and virtual tours. Despite office‑using employment falling 2% from 2022, vacancy rates slipped to...
CNN Center as Apartments; Blight Fight; Midtown 'Green House' Sells
CP Group is eyeing a mixed‑use overhaul of the former CNN Center, envisioning apartments, a hotel and affordable housing, while the Atlanta Fulton County Recreation Authority is evaluating a $200 million purchase with CP Group potentially contributing $200‑$300 million for renovations. The...
Why Office Seating Choice Can Boost Productivity by 2.5x
Office designers warn that static workspaces waste money, but flexible seating can dramatically boost output. Gensler’s Global Workplace Survey 2025 shows employees with multiple seating options are 2.5 times more likely to feel productive. Experts recommend activity mapping and easy-to-use...
Eptura Introduces New Innovations Delivering Real-Time Data Visibility and AI-Powered Workflows to Scale Workplace and Operations Management
Eptura, the global work‑tech leader, unveiled a suite of new capabilities that unify built‑environment data, deliver real‑time analytics, and embed AI‑driven assistants across workplace experience, asset management, and space‑planning functions. The rollout adds live desk and meeting‑room usage dashboards, a...
Baltimore's Abandoned Homes Fell 25% in Five Years
While there's much to doom about, a casual reminder that there's been a 25% drop in the number of abandoned homes in Baltimore in the last five years. Never bet against American cities.
U.S. Home Prices Edge Higher, Up 0.7
U.S. single-family home prices rose 0.3% month-over-month without seasonal adjustment between the January 2026 to February 2026 print Year-over-year: +0.7% Since March 2020: +52.1% Since 2022's peak: +6.2% Table via @ResidentialClub https://t.co/swLLdluSbF
393. Debt Liquidity, Senior Housing's Surge, and the 2026 CRE Outlook with Chad Lavender of Newmark
In this episode, Newmark’s Chad Lavender breaks down how unprecedented debt liquidity and diversified equity sources reshaped the commercial real‑estate market during the 2025 loan‑maturity wave and what that means for 2026. He highlights senior housing’s explosive rebound—closing over $12.5 billion...
Hochul's Pied‑à‑terre Tax Faces Pushback After Citadel Threat
Making hedgie #KenGriffin the poster boy in #Hochul push for #piedaterre tax on 2d homes of $5M+ not a good idea as #MayorMamdani eases tone after #Citadel threatened to walk away from $6B tower #Vornado+#Rudin building on #ParkAve. #NYC #realestate...
China’s Housing Collapse Erases Two Decades of Savings
I meant what I said: China is terrified of a global recession, and if Iran doesn’t capitulate, that’s exactly what we’ll get. Chinese home prices, representing the savings of the Chinese people, have erased all the gains of the past...
Flex Office Operator Frameworks Expands London Portfolio with Five Sites
Flexible office operator Frameworks has added five new sites in London, bringing its portfolio to 16 locations—a 53% increase from the prior year. The new spaces include 14,000 sq ft in Westminster, Watchmaker Works and Topham Works in Farringdon, Talbot Works at...
US Home Prices Rise Only 1.2% YoY, Still Deflationary
US home price appreciation slowed to 1.2% YoY in March, and inflation-adjusted remained negative. weighing on US inflation @soberlook AEI Housing Center https://t.co/EGLX7QmA3x https://t.co/5h5g2SST3S
AI Fuels Post‑Pandemic Office Demand Surge in NYC, SF
Office demand hit a post-pandemic high in Q1 2026, per the VTS Office Demand Index. AI growth is fueling a surge in San Francisco and NYC. Despite economic shifts, new office tours rose 18% over last quarter. https://t.co/rb8qQNIB9A
Chancellor Hints at Possible Private‑rent Freeze Amid Rising Costs
The Chancellor didn’t rule out a fixed-term freeze on private sector rents when I asked her in Parliament today. As Trump's war in Iran continues to drive up costs, this move would provide vital security for young families, who are most...
Government Pressure Silences Crime Data, Stifles Realtor Transparency
"So without explicitly making such information illegal, the government created a legal and reputational climate that chilled its provision. Portals removed crime maps and realtors became reluctant to answer ordinary buyer questions" https://t.co/O1XRw7TUxi
101 Park Hits 98% Occupancy with Vanderbilt Lease
Look no further than #101Park for #CRE success. 3 new leases-1 from #1Vanderbilt-brings occupancy to 98%. 'A very special place w/expansive views, column free.' Also w/does #GaryBarnett have in mind for #FriarsClub? #NYC #Kalikow #realestate #GrandCentral https://t.co/4VrOekeMKd