Today's Real Estate Pulse

Berkshire Hathaway to Acquire U.S. Homebuilder in $6.8B Deal
Berkshire Hathaway, now led by CEO Greg Abel, announced a $6.8 billion acquisition of a U.S. homebuilder, marking the conglomerate’s first major entry into residential construction. The purchase is intended to add stable, long‑term cash flow from the housing sector to Berkshire’s portfolio.
Also developing:

Construction Begins for Supportive Housing at 828 W. Anaheim St. In Wilmington
Holos Communities and partner TPC Homes broke ground on Safe Harbor I, a four‑story supportive housing project at 828 W. Anaheim Street in Wilmington. The development will contain 50 two‑bedroom apartments, including a manager unit, and features a ground‑floor community room, staff offices, native‑plant plazas, and roof‑deck social spaces. Designed by LOHA, the low‑rise building is slated for completion in winter 2027. Together with the sister project at 728 Lagoon Avenue, the effort will deliver 90 new affordable homes to the area.

BREG, OmniTRAX Collaborate to Grow Rail Real Estate Platform Into National IOS Network
Broe Real Estate Group (BREG) announced a $100 million investment to expand its rail‑connected industrial real‑estate platform into a national network of Industrial Outdoor Storage (IOS) and multimodal logistics hubs. The effort partners with OmniTRAX, leveraging its 35‑railroad short‑line system and...

Million Dollars Buys Less Space Worldwide, Except London, Melbourne
What does $1M buy you in prime real estate? Here's the space you get and how it's changed since 2020: 🇲🇨 Monaco: 16 m², 172 ft², -7% 🇭🇰 Hong Kong: 23 m², 248 ft², 0% ➡️ 🇨🇭 Geneva:...

Morningstar DBRS Releases Monthly North American CMBS Rating Action Summary for March 2026
Morningstar DBRS published its March 2026 Monthly North American CMBS Rating Action Summary, detailing surveillance reviews for a broad range of commercial mortgage‑backed securities. The agency evaluated 338 tranches across 80 transactions, confirming 262 ratings, downgrading 68, and placing 8 under review...

Greenfield Builds More Large Apartments than Austin City
The Austin METRO built a ton of housing, not just the City. Yes the City built a lot ... but greenfield did even more. Here's a map of large (250+ unit) apartment buildings built in last 3 years The distribution of single family...

BNY Puts $6,500 Behind Employees’ Path to Owning a Home
BNY announced a new homeowner program that provides up to $6,500 in down‑payment assistance for U.S. employees earning less than $100,000 annually. Eligible staff also receive homeownership education and access to mortgage‑related benefits. The initiative comes as the National Association...
Room to Grow: Here’s Where Gen Zers Own the Largest Share of 3+ Bedroom Homes
Redfin’s analysis of 2024 Census data shows Salt Lake City has the highest share of three‑plus‑bedroom homes owned by Gen Z adults at 3.6%, followed by Virginia Beach, Oklahoma City, Louisville and Indianapolis. Nationwide, Gen Z owners hold just 2.2% of large‑home inventory, far...

Construction Is Complete on The Fulton
Construction has finished on The Fulton, an 11‑story, 535,000‑sq‑ft office tower at 217 N. Sangamon in Chicago’s Fulton Market. Developed by Fulton Street Companies and the Shanna Collective and designed by FitzGerald Associates and Morris Adjmi Architects, the building blends...
Low‑rate Lock‑ins Keep Home Prices From Crashing
Why aren't home prices crashing despite record low demand? 🏠📉 With 80% of owners locked into low rates and record equity, nobody is forced to sell. The market is stuck. Full breakdown below, including analysis of Redfin data 👇 https://t.co/KogY0JuwSe

Centennial Yards Bags Iconic Hotel Brand for Downtown Mega-Build
Centennial Yards, the $5 billion downtown Atlanta redevelopment, announced that Virgin Hotels will anchor its 8‑acre Entertainment District with a 261‑room, 14‑story property. The hotel, topped out earlier this year, is slated to open in 2027, missing the 2026 FIFA World...

Triangle Equities, Incline Capital Sign Leases with Six New Tenants at The Crossings at Brick Church Near Manhattan
Triangle Equities, Incline Capital and leasing partner RIPCO Real Estate have secured leases with six new tenants covering 75,000 square feet at The Crossings at Brick Church, a mixed‑use project in East Orange, N.J. Anchor tenants include Burlington (48,900 sq ft) and Five...

Charlie’s Produce Breaks Ground On New Facility In Spokane, WA
Charlie’s Produce, an employee‑owned fresh‑food distributor, broke ground on a 66,000‑square‑foot facility in Spokane, Washington. The new site will house 56,000 sq ft of warehouse space and 10,000 sq ft of offices, with completion slated for April 2027. Featuring 17 loading docks, multiple temperature zones,...

Salboy Launches Aparthotel Brand with First Site in Cornwall
Salboy Group, a major UK property developer, has launched a boutique aparthotel brand called Hidden, debuting with an 18‑unit property in St Ives, Cornwall. The development features 16 two‑bedroom apartments with private terraces and more than half equipped with outdoor...

Allison Homes Increases Turnover 30% and Halves Losses as It Shifts Into Partnerships
Allison Homes reported a 30% jump in turnover to £212 m (≈$271 m) for the year to 30 September, driven by rapid growth in its partnership sales. Pre‑tax losses were cut in half to £2.2 m (≈$2.8 m) as the firm completed 808 homes, 63%...

Allowing Retroactive Mortgage Portability Would Be a Dangerous Error
Policymakers are debating retroactive mortgage portability, which would let borrowers transfer low‑rate loans from 2020‑2022 to new homes. The Federal Housing Finance Agency, Congress, and an executive order are all reviewing the concept. Analysts warn that rewriting existing contracts would...
Analyst Report: AGNC Investment Corp
AGNC Investment Corp., a mortgage‑backed securities REIT, reported that widening agency MBS spreads are compressing its net interest margin. The leveraged portfolio magnifies earnings volatility as funding costs rise. Active hedging offsets some spread risk but adds expense, leaving earnings...
California’s ‘Mansion‑Tax’ Repeal Proposition Qualifies for November Ballot
California’s secretary of state announced that the Howard Jarvis‑backed “Local Taxpayer Protection Act” has qualified for the November ballot. The proposal would cap municipal transfer taxes at 0.05% and make it harder for voter‑initiated tax measures to pass, directly targeting Los Angeles’...

Real Estate Lenders Playing a Distinct Role in Data Centres, Says ING Infra Expert
ING's global head of digital infrastructure advisory highlighted that real estate lenders are carving out a distinct niche in data centre financing, primarily by providing capital for land acquisition and construction. While their involvement is important, the bank cautions that...

FreeCast Starts Selling DIRECTV to Multifamily Residential Communities
FreeCast has signed an agreement to become an authorized distributor of DIRECTV streaming services for multifamily residential communities, including apartments, condos, senior living and student housing. The deal lets FreeCast market and sell DIRECTV’s flexible packages directly to property owners...
Ngara Affordable Housing Stalls for 8 Years
Nairobi City County’s Ngara affordable‑housing project, launched in February 2018, remains unfinished after eight years. Investors have contributed roughly $2.6 million (Sh387.5 million) for 200 two‑ and three‑bedroom units, yet no homes have been handed over despite a 2022 deadline and a...
Offerpad Posts Q3 Loss but Highlights Renovate Growth and Asset‑Light Gains
Offerpad posted a $6.2 million adjusted EBITDA loss for Q3 2024 while meeting revenue guidance, driven by a 49% drop in home acquisitions. The company emphasized strong performance from its Renovate program and asset‑light lines, positioning the iBuyer for a return...
Anantara to Debut in the US with Hotel and Residences
Anantara, the luxury brand of Minor International, will launch its first U.S. property with the Anantara Miami Resort & Residences, a 50‑storey tower slated to open in 2030. Developed with One Thousand Group, the high‑rise will house 100 private branded...

Taxation Myths versus Reality
Ahead of the federal budget, the blog dismantles two persistent Australian housing‑tax myths. It shows that negative gearing is not unique—countries such as Germany, Japan, Canada and Norway allow similar loss offsets—and that about 1.1 million Australians claim rental losses, trimming...

Black Portlanders Were Displaced. This Project Aims to Aid in Their Return.
Portland’s Williams and Russell Community Development Corporation broke ground on a $163 million mixed‑use project to return displaced Black residents and their descendants to the historic Albina neighborhood. The development, spanning 2.99 acres, will feature 20 townhomes, 94 affordable units and...
Permasteelisa Group Slimline Closed Cavity Facade (CCF) Technology
Permasteelisa Group has introduced a Slimline Closed Cavity Façade (CCF) that cuts façade depth by nearly half while retaining high transparency and heat‑gain reduction. The system uses a low‑carbon glass and aluminium panel, a heat‑reflective coating, and a 25 mm motorised...

Porsche Design Tower Bangkok Takes Centre Stage at Singapore Yachting Festival 2026
Porsche Design Tower Bangkok, the third Porsche Design tower worldwide and the first in Asia, debuted at the Singapore Yachting Festival 2026. The showcase featured an invitation‑only event for 50 yacht owners and collectors, highlighting the tower’s automotive‑inspired architecture, including...

Foxtons Sales Drop 35% Amid Slowdown in Challenging Market
Foxtons Group reported a 35% year‑on‑year decline in Q1 2026 sales, falling to £10.7 m ($13.6 m) from £16.4 m ($20.8 m) a year earlier. Revenue slipped 10% to £39.6 m ($50.3 m), while lettings income rose 5% to £26.4 m ($33.5 m). The slowdown reflects weaker buyer activity...

MGAC Launches Global Luxury Living Brand
MGAC, a global boutique project‑ and cost‑management consultancy, has unveiled a Luxury Living brand dedicated to ultra‑high‑end residential projects. The new division will apply the firm’s commercial construction discipline to architecturally distinct homes, from penthouses to private‑island compounds. MGAC already...
Amazon Opens First Distribution Center in Spain, Investing €100 Million in Zaragoza
Amazon is opening ZAZ8, its first dedicated distribution center in Spain, investing roughly €100 million ($108 million) in La Muela, Zaragoza. The 30,000‑square‑meter hub will serve as a regional inventory buffer for high‑velocity essentials and is slated to start operations in September 2026,...

The Starter Home Is Dying. Better.com’s CEO Says AI Is the only Thing that Can Save It
The U.S. is missing nearly 4 million homes, leaving the traditional starter home scarce and pushing the median age of first‑time buyers to a record 40. Mortgage loan officers earn commissions that favor large loans, causing sub‑$300k mortgages to be underserved....

Ultimate Guide to Self Build Mortgages & Latest Self Build Mortgage Rates
Self‑builders now have three specialist mortgage options—advance stage payments, arrears cost‑based, and arrears value‑based—each releasing funds at predefined construction milestones. Payments are calculated either as a percentage of actual costs or based on a surveyor’s valuation of completed work. BuildStore,...

Hortons Gets Green Light for 175,000 Sq Ft Pre-Let Leicestershire Warehouse
Birmingham‑based developer Hortons has obtained planning permission for a 175,000 sq ft fleet‑management centre in Old Dalby Business Park, Leicestershire. The warehouse is already pre‑let to Toyota Material Handling UK (TMHUK) on a 15‑year lease, with construction underway and practical completion targeted...

Nine Out of Ten Homes Don’t Reach the Open Sales Market
New data from estate‑agent CRM provider Alto, cross‑referenced with ONS figures, shows that roughly nine out of ten newly built homes in England never reach the open sales market. Of an estimated 200,000 new‑build units slated for 2024/25, only 21,261...

Podium–Tower Urbanism in Southeast Asia: Density, Management, and the Disappearing Street
The podium‑tower typology is reshaping Southeast Asian cities by stacking low‑rise commercial podiums beneath slender high‑rise towers. This hybrid model concentrates housing, offices, retail and transit in a single, managed parcel, delivering rapid density while keeping street‑level activity human‑scaled. Planners...

Parking Reform Is Reshaping Housing Policy
Austin's 2023 repeal of off‑street parking mandates sparked a construction boom, delivering housing at nearly three times the national rate and nudging rents lower. Similar reforms in Minneapolis, San Francisco, Raleigh, Trenton and Richmond show that cutting parking requirements boosts unit...

InteliCare to Enter New Sector with Warrigal Care Contract for 65 Retirement Villas
InteliCare Holdings signed a three‑year, $200,000 Master Subscription Agreement with Warrigal Care to install its AI‑driven sensor platform in 65 retirement villas, marking the company’s first foray into the retirement‑village market. The deal opens a pathway to expand across Warrigal’s...
Investor Boosts Rental Returns with Upgrades, Skipping New Purchases
Film composer and part‑time landlord Atif Afzal shifted his wealth‑management strategy from chasing new deals to upgrading his four existing rentals in upstate New York. The renovations have generated rent premiums of $300 per unit and multiple offers on day...

Rent or Buy? New Data Reveals Market-by-Market Housing Trends
New data covering 250 U.S. cities shows the rent‑versus‑buy decision varies sharply by market, with affordability gaps, monthly cost differentials, and long‑term wealth outcomes all dependent on local conditions. The median home now requires about $111,000 of annual income, while...
Castlelake Acquires Majority Stakes in Eastview, Lendmarq
Castlelake, the $36 bn alternative‑credit manager, announced a majority‑stake purchase of residential‑lending platforms Eastview and Lendmarq. The deal adds more than $2 bn of funded loan volume to Castlelake’s in‑house origination pipeline and signals a push toward consolidation in the U.S. mortgage‑finance...
The Australia Institute Pumps More Housing Propaganda
The Australia Institute’s senior economist Matt Grudnoff released a new piece attributing Australia’s soaring house prices to the capital gains tax (CGT) discount introduced in 1999. He argues the discount has outpaced income growth, while downplaying the impact of immigration‑driven...
Miami‑Broward Listings Drop 8%‑12% as Prices Slip, Market Tightens
The Miami Association of Realtors reported an 8% year‑over‑year decline in active listings across Miami‑Dade, while Broward County saw a 12% drop. Combined with modest price declines, the data suggest a tightening residential market that could soon reverse toward higher...
Kite Realty Posts 17% Blended Cash Leasing Spread in Q2 2025, Highest in Five Years
Kite Realty Group Trust (KRG) announced a 17% blended cash leasing spread for the second quarter of 2025, the highest in five years. The spread, alongside new anchor leases with Whole Foods and Trader Joe’s, lifted same‑property NOI 3.3% and prompted...
Avalair Group Acquires Historic Quad Cities Office Towers, Expands Regional Portfolio
National real‑estate investor Avalair Group has purchased two historic office towers in the Quad Cities, bringing its regional footprint to over 5 million square feet. The deal, representing its second major Quad Cities acquisition, was brokered by NAI Ruhl Commercial Company...
EdgeCore Secures $1.5 Billion to Build Two Hyperscale Data Centers in Northern Virginia
EdgeCore Digital Infrastructure has closed a $1.5 billion construction financing package to build two fully leased hyperscale data centers in Sterling, Virginia. The facilities, slated for occupancy in late 2026 and mid‑2027, will provide 114 MW of power across 685,000 sq ft, positioning the...
Why Labor’s 5% Deposit Schemes Makes Housing Less Affordable
Australia’s federal government expanded its 5 % home‑deposit assistance scheme on 1 October 2025, positioning it as a tool to improve housing affordability. Early data, however, show that property values in the lowest 25 % price quartile have risen faster than any other segment...
Appfolio Inc (APPF) Q1 2026 Earnings Call Transcript
Essential Properties Realty Trust (EPRT) posted a strong first‑quarter 2026, with AFFO per share climbing 11% to $0.50 and occupancy holding at 99.7%. The REIT raised its full‑year AFFO guidance to $2.00‑$2.05 per share and lifted investment volume guidance to...
Phillips Edison & Co Inc (PECO) Q1 2026 Earnings Call Transcript
Phillips Edison & Co (PECO) reported a record 51 consecutive quarters of Funds From Operations (FFO) and same‑store NOI growth, underscoring the resilience of its shallow‑bay industrial portfolio. Occupancy held at 96.6% despite higher market vacancy rates, while debt remains...
CBRE Group Inc (CBRE) Q1 2026 Earnings Call Transcript
SL Green Realty Corp. reported a record first‑quarter leasing performance, signing 51 leases covering 930,000 square feet, the largest in its 28‑year history. Mark‑to‑market rents were 16% above prior fully escalated rates, while trophy‑building vacancy fell to 3.4%, underscoring a...
Rexford Industrial Realty Inc (REXR) Q1 2026 Earnings Call Transcript
Rexford Industrial Realty reported Q4 core FFO of $0.59 per share and guided 2026 core FFO to $2.35‑$2.40, reflecting a modest decline in same‑property NOI and tighter re‑leasing spreads. The REIT is executing a $400‑$500 million disposition program, with $230 million already...

Property Industry Reacts to Latest House Price and Rent Data
UK property leaders say the latest ONS data show a modest 1.2% rise in house prices and a slowdown in rental inflation, yet both markets remain under pressure from affordability concerns. The Bank of England’s upcoming base‑rate decision and the...