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:
Cal Neva Resort Secures $298 Million to Reopen as Lake Tahoe Proper Resort by 2027
Realberry and Proper Hospitality have closed a $298 million financing package to redevelop the century‑old Cal Neva Resort into the Lake Tahoe Proper Resort and Casino. The project, slated to open in 2027, will add 197 rooms, a casino, spa and event spaces, aiming to restore a legendary hospitality landmark.
RPT Realty (RPT) Q1 2026 Earnings Call Transcript
Rithm Property Trust (RPT) posted a quiet Q1 2026, reporting a GAAP loss of $3.2 million and negative earnings available for distribution, while maintaining a "extremely clean" balance sheet with just under $100 million in cash. The company continued its $0.36 dividend,...
Homes for Sale in Manhattan and Brooklyn
This week’s Manhattan and Brooklyn listings showcase a price spectrum from a $649,000 Yorkville duplex to a $2.375 million Dumbo condo. The Yorkville unit is a pre‑war co‑op with modest maintenance fees but limited storage, while the Murray Hill condo commands...
UBS Relists 455 Market St. As Bay Area Office Trades Pick Up Steam
UBS Realty Investors is relisting its 23‑story 455 Market St. office tower at about $400 per square foot, valuing the 347,000‑sq‑ft property at $130‑139 million. This price is roughly half of the $750 per square foot ($260 million) it sought in 2022. The...
Crash Period Listings Triple Normal Seasonal Peaks
Just a friendly reminder that the new listings data was consistently around 250K-400K per week during the housing bubble crash years. Normally, during seasonal peak weeks, it's 80K-100K. @housingwire @sarahteresa6 #housing #realestate #mortgagerates #chartdaddy
Turn One Home Into Multiple Income‑Generating ADUs
Co-living: looks great on paper, tough to manage. But what if you could add ADUs to a single-family home? More units, more doors. Generational living or rental income – that’s the investor opportunity. #RealEstateInvesting #ADU #PropertyManagement #InvestmentOpportunity #SingleFamilyHome RealEstateTips GenerationalLiving...
Rental Property Analysis: 5 Valuation Methods and Examples
The article outlines five core methods for valuing rental properties: sales comparison, income approach, gross rent multiplier, cost approach, and a hybrid strategy that blends multiple techniques. Each method offers a distinct lens—comps gauge market prices, income focus highlights cash...
Arizona’s 57,000 Short-Term Rentals Aren’t Actually Killing Housing Supply—But This Is
A new Common Sense Institute report finds that Arizona’s 57,000 short‑term rentals (STRs) largely replaced vacant vacation homes rather than pulling units from the full‑time market. The state’s housing affordability crisis stems more from a post‑Great Recession collapse in new‑home...
Replit Thrives After Swapping SF for Spacious Foster City
Two years since Replit left SF. 10x valuation and 200x ARR later we’ve taken over much of the old IBM campus in Foster City and we’re still expanding. There’s something poetic about it: IBM helped create the industry. We’re helping reinvent how...
Hoar Construction, American Real Estate Partners Complete Alexandria Office-to-Residential Conversion
Hoar Construction announced the completion of CityHouse Old Town, a seven‑story office‑to‑residential conversion in Alexandria, Virginia. The project transformed a 141,000‑sq‑ft office building into a 236,000‑sq‑ft multifamily community with a six‑story open‑air courtyard. Hoar acted as general contractor alongside architect...
The AI Boom Has Widened The Split Between Office Winners, Losers
The office market is polarizing as AI‑driven tenants flock to premium towers while overall leasing fell 20% year‑over‑year in Q1 2026. Large AI firms such as Anthropic and OpenAI signed more than 780,000 square feet in San Francisco, and New York saw...
Bridewell Tavern Kitchen Debuts at Burr Ridge Village Center
Burr Ridge Village Center has expanded its tenant mix with the opening of Bridewell Tavern Kitchen & Bar, a seed‑oil‑free eatery, and Coco Nail Bar, a design‑forward nail salon. Kilwins is slated to open its handcrafted chocolate and ice‑cream shop...
Not-for-Profit Insurance Carrier Acquires Pasadena Offices
State Compensation Insurance Fund, a not‑for‑profit workers’ compensation insurer, has acquired a 158,785‑square‑foot Class A office building at 35 N. Lake Avenue in Pasadena for $33 million. The nine‑story property will become the carrier’s Southern California regional hub, with part of the space retained...
Texas AG Issues Proposed Rules Implementing SB 17 Restrictions on Foreign Ownership of Texas Real Property
Texas Senate Bill 17, effective Sept. 1, 2025, bars certain foreign persons and entities from acquiring Texas real property for national‑security reasons. On March 27, 2026 the Attorney General released proposed rules that define “control” broadly, extend the scope to indirect acquisitions, and target...
Eames Office Unveils Modular Architecture System at Milan Design Week
The Eames Office, together with Barcelona‑based Kettal, introduced the Eames Pavilion System – an industrial‑scale, modular architecture kit – at Milan Design Week. The debut was paired with a 288‑page Phaidon sourcebook, positioning the iconic duo’s residential designs for mass‑market...
Military Families Get up to $8K Opendoor Credit
Military families move every 2-3 years on average. That's a lot of added stress, pain points, and moments that could be spent doing things with the people you love. We expanded the Hero's Home Credit to include sellers to lessen...
MBA Renews Press for Limited Single Report as Scores Compete
The Mortgage Bankers Association (MBA) is urging regulators to allow a single credit report for high‑score mortgage borrowers, arguing it can lower costs and spur competition among the three major bureaus. The proposal includes safeguards such as requiring lenders to...
Maine's Zoning Overhaul Faces Four-Year Review Amid Ongoing Housing Shortage
Governor Janet Mills signed L.D. 2173 this week, the latest tweak to Maine's 2022 zoning overhaul, as the state grapples with a projected need for 80,000 new homes by 2030. Lawmakers say the new bill seeks to resolve ambiguities that...
Gantry Secures $14M Refinance for Puget Sound Hotel
Gantry has arranged a $13.5 million permanent loan to refinance the Hampton Inn & Suites in Kent, Washington, retiring maturing debt and returning equity to investors. The four‑story, 95‑room hotel sits less than five miles from Seattle‑Tacoma International Airport and serves a workforce anchored...
Banks Pay Homeowners To
Banks are now PAYING homeowners to move if they get rid of their mortgage? You can get a massive principal balance reduction if you give up a super low-rate mortgage and buy a replacement home at today's rates. The DREAM (Discount for...
Ladder Capital Posts $33.6M Distributable Earnings, Highlights CRE Loan Payoffs
Ladder Capital Corp. posted $33.6 million in distributable earnings for Q4 2024, delivering an 8.9% return on equity. The results were driven by $1.7 billion of loan payoffs, a modest leverage ratio of 1.4x, and an $850 million upsized revolving credit facility that expands...
Fannie Mae Forecloses On The Peach Building
Fannie Mae foreclosed on the 68‑unit Peach building in Atlanta, purchasing it for $24.6 million at auction. The lender had held the original $23.2 million loan taken by developer Peach Hospitality, which defaulted years before the loan’s 2029 maturity. After the auction,...
Coldwell Banker Brokers WA Industrial Property Sale to Auto Group
Coldwell Banker Commercial brokered the $7.9 million sale of a 36,160‑square‑foot industrial building at 1920 Garrett Street in Enumclaw, Washington. The seller, Thundering Mountain, LLC, transferred the 1.2‑acre site to Cascadia Collection and DC Auto Transport, an exotic‑car dealership and logistics...
Netflix in Talks to Buy Radford Studio Center for Up to $400 M
Netflix is in advanced negotiations with Goldman Sachs to purchase the 55‑acre Radford Studio Center in Studio City for a price reported between $330 million and $400 million. The deal would give the streamer a permanent Los Angeles foothold as it shifts from...
Walmart to Remodel 650+ Stores, Add 20 New Locations in $10 B+ Push
Walmart announced a multi‑billion‑dollar program to remodel more than 650 U.S. stores and open about 20 new locations this year. The effort, aimed at attracting higher‑income shoppers and tightening online‑offline integration, underscores the retailer’s bet on physical assets amid rising...
Claire’s Relocating Its Headquarters
Claire’s, the youth‑focused accessory chain, will relocate its headquarters to Columbia Centre III in Rosemont, Illinois, occupying 43,200 sq ft of the nine‑story, 238,696‑sq‑ft Class A office tower. The move, slated for early 2027, follows the $140 million acquisition of the bankrupt retailer by Ames Watson, a...
Editor's Desk: With Housing, the Hard Part Isn’t the Idea. It’s the Deal.
The affordable‑housing crisis is less about new ideas than about executing coordinated deals that blend financing, zoning reforms, and cross‑sector partnerships. Tools such as income‑averaging LIHTC, tax abatements, adaptive reuse, and bridge financing are being combined to lower costs and...
FlexSA Conference 2026: Insight From Workspace’s Charlie Green and the Valuation Office
The Flexible Space Association’s 2026 conference on 12 May will feature a senior HMRC Valuation Office representative discussing the looming changes to business rates for serviced offices. Industry leaders including WeWork’s UK VP and Patch founder will co‑host, while Workspace...
Steady Office Demand Tempers Houston's Negative Absorption
Houston’s office market posted a 10% quarter‑over‑quarter leasing increase, yet NRG’s departure of 479,000 SF drove the first‑quarter net absorption negative. Class‑A properties absorbed 70% of the 2.4 M SF leased, underscoring a continued flight‑to‑quality. New supply of 500,000 SF entered the market, with...
Distressed Sales Numbers Show Signs of Market 'Normalization'
Auction.com’s Q1 report shows distressed‑housing activity moving toward pre‑pandemic norms. Completed foreclosure auctions rose 10% from the prior quarter and 33% year‑over‑year, bringing volumes to about 66% of the first‑quarter 2020 level. The distressed‑sales rate edged up, with buyers paying...
Sellers No Longer Deterred by Lock-In Effect, Study Finds
Homeowners are shedding the lock‑in effect, prompting more listings this spring. Coldwell Banker’s 2026 Home Shopping Season Report, based on over 700 agents, finds over a third of sellers have sub‑5% mortgage rates yet plan to list, and 40% say...
Georgia Court Revives Lender's Security Deed After HOA Service Misstep
The Georgia Court of Appeals reversed a trial court’s default judgment that had cancelled Smart Venture Capital’s security deed on a Duluth property after the homeowners association’s service of process was deemed defective. The appellate court found the certified‑mail notice...
Tennessee Law Grants Purchasers Exclusive Right to Choose Settlement Agents
Tennessee Governor signed House Bill 569, granting buyers the exclusive right to select the settlement agent for real‑property closings. The law bars sellers from imposing a particular agent or conditioning the sale on that choice, and the provision cannot be...
Fractional Real Estate Investing Is on the Rise in the Sun Belt
Fractional real estate platforms are booming as high mortgage rates and soaring home prices shut out first‑time buyers. DataIntelo estimates the global market at $4.2 billion in 2025, projected to reach $14.8 billion by 2034, with North America accounting for 38.6% of...
Canadian Clothing Retailer Aritzia to Open 16K-SF Store at Columbus Circle
Canadian retailer Aritzia has secured more than 16,000 square feet of space at The Shops at Columbus Circle, a premium mall near Central Park. The lease, brokered by Newmark, follows Aritzia’s recent 30,000‑square‑foot renewal in SoHo, underscoring its aggressive U.S....
40% More Home Sellers Than Buyers (Credit Quality Of Mortgages Deteriorating)
Redfin data show that in March 2026 home sellers outnumbered buyers by 43.1%, a gap that has widened from 28% a year earlier and sits just below the December record of 45.2%. The surplus of sellers reflects a cooling demand...
Sellers Are Losing Thousands After Accepting an Offer on Their Home. Don’t Be One of Them.
Home sellers often discover that the headline offer price evaporates once the contract moves toward closing. A Clever Real Estate survey shows nearly nine out of ten sellers concede an average $7,200 in repairs or price cuts. Real‑estate agents can...
G4 Capital Takes Over Site of Williamsburg Trader Joe’s for $65M
New York‑based investment firm G4 Capital Partners has taken ownership of the former Trader Joe’s site at 206 Kent Avenue in Williamsburg for $65 million after a lender‑initiated foreclosure. The five‑story mixed‑use building was originally financed with an $84.25 million loan that ballooned...
U.S. Coworking Growth Moves Beyond Major Cities in 2026
The U.S. coworking sector added 9,136 locations by the end of Q1 2026, a 3.2% quarterly rise, while total space grew 2.9% to 163.9 million sq ft. Growth is now led by mid‑tier markets such as Philadelphia, Tampa and Cleveland‑Akron, which posted the...
Top NYC Coldwell Banker Franchise Breaks Away After Compass Merger
Coldwell Banker’s largest New York City franchise, Coldwell Banker Reliable Real Estate, has left the brand and rebranded as independent brokerage MYNY. The new firm retains 135 agents and generated over $350 million in sales last year, making it the top...
Sprouts Same-Store Visits Slow in Q1 2026 Amid Tough Comparisons and Softening Consumer Demand – Placer.ai Blog
Sprouts Farmers Market saw same‑store foot traffic dip 3 %‑6 % YoY in Q1 2026, a slowdown amplified by an unusually strong Q1 2025 baseline and higher food prices. Total chain visits, however, rose 1.8 % YoY thanks to the opening of 37...
Home Renovation Activity Stays Strong in 2025 as High-End Projects Gain Momentum
Home renovation activity remained steady in 2025, with 54% of U.S. homeowners undertaking projects and the median spend holding at $20,000. High‑end work accelerated, as the top 10% of projects topped $150,000. Looking ahead, 50% of homeowners plan renovations in...
Northern Beltline Conflict Pressures $14.5bn Project Marvel Data Center Expansion Approval
The Bessemer City Council voted 5‑2 to rezone over 900 acres, clearing the way for Project Marvel’s expansion to roughly 1,600 acres. The $14.5 billion hyperscale data‑center campus will now host 18 buildings after developers shifted the site to avoid the...
Digital Property Rights Emerging as Integral Part of Broader Asset Ownership
Rapid advances in VR, AR and AI are turning physical real‑estate into digital advertising platforms, prompting owners to claim digital property rights. BXP Inc. included such rights in its $132 million Boston office sale, recording the transfer on the blockchain‑based Digital...
Apartment Market Still Tight; 2026 Starts Forecast Slashed
NMHC on Apartments: Market Tightness "mostly unchanged" in April Survey Multifamily executives have lowered their expectations for total 2026 multifamily starts https://calculatedrisk.substack.com/p/nmhc-on-apartments-market-tightness
D.R. Horton Cuts Unsold Inventory 35% YoY
D.R. Horton is quickly shrinking its pileup of unsold completed inventory "Unsold homes are down 25% from December and 35% from a year ago" - Paul Romanowski, CEO of @DRHorton said during their April 21, 2026 earnings call Chart via @ResidentialClub
NMHC on Apartments: Market Tightness "Mostly Unchanged" In April Survey
The National Multifamily Housing Council’s April Quarterly Survey shows apartment market conditions remaining largely steady, with all four key indexes hovering near the breakeven threshold of 50. The Market Tightness Index slipped to 49, suggesting marginally looser conditions, while the...
Gary Barnett Proposes 86‑story, 1,198‑ft UWS Tower
A supertall apt house on the #UWS. #GaryBarnett firm plans 86-story, 1,198 ft tower on W67, more than 400 ft above nabe's next tallest bldg, per a #NYC DOB filing. W/yield 430 units. #Extell #realestate #CRE #retail #restaurant #Silverstein #multifamily...
Land Value Tax Cuts Sprawl, Boosts Affordable Housing
Why are we bulldozing forests while city parking lots sit empty? 🌳🚫 It’s the tax code. By taxing buildings instead of just land, we incentivize sprawl. But a solution from the 1800s is back: Land Value Tax. 📈 The key to affordable...
Mortgage Rates Slide for Third Consecutive Week
U.S. mortgage rates slipped for the third week, with the 30‑year fixed rate averaging 6.23% and the 15‑year at 5.58% for the week ending April 23. The decline follows a modest rise in mortgage applications, driven by a surge in...