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:

Tweaked Blandtown Build Nears Top-Out Stage on Huff Road Corridor
Crescent Communities’ Novel Blandtown project has nearly topped out on a 3‑acre Huff Road site, featuring a seven‑story, 250‑unit multifamily tower with a concealed 322‑space parking deck. The planned 4,700‑sq‑ft retail building is on hold, replaced temporarily by an urban plaza with hardscaping and a grassy knoll. Ten percent of the apartments are earmarked for households earning 60% of area median income, and the development is slated for an early‑2027 opening. The build is part of a broader wave of residential construction reshaping the historically industrial Blandtown corridor.
CRE Loan Spreads Tighten Across Property Sectors
Commercial real‑estate loan spreads have tightened noticeably over the past year, with 10‑year CRE spreads to U.S. Treasurys compressing 12‑18 basis points across the major property types. As of Q1 2026, multifamily loans sit at 154 bps, industrial at 162 bps, retail at...
AI Firm Adaptive Security Subleases BarkBox’s 51K-SF Office at 120 Broadway
AI‑focused cybersecurity firm Adaptive Security is subleasing the 51,220‑square‑foot 12th‑floor office at Silverstein’s Equitable Building (120 Broadway) from subscription‑box company BarkBox. The sublease, brokered by Savills, follows Adaptive Security’s recent $146.5 million Series B round and marks its third office expansion in...

New Empire Snaps up Controversial Church’s Midtown HQ for Likely Resi Project
New Empire has entered a contract to purchase the former Unification Church headquarters at 4 West 43rd Street in Midtown Manhattan for $51 million, roughly $699 per square foot. The sale, involving a 73,000‑square‑foot office and events building, requires approval from...

Adding Context to COPA: Where Are We in The Regulation Cycle of NYC Multifamily?
In this episode Roman Sinclair of Sinclair Realty Group breaks down the Community Opportunity to Purchase Act (COPA), a proposed New York City law that would give nonprofits priority access to multifamily building sales and impose a 120‑day transaction timeline....
Tuttle Loses Mixed-Use Project In $60M Bankruptcy Sale: The South Florida Deal Sheet
Miami‑based developer Brian Tuttle lost his 43‑acre mixed‑use project in Royal Palm Beach after a Chapter 11 filing. A bankruptcy judge approved the sale of the site to Concord Wilshire Capital for $60 million. The original approval called for 341,000 sf of commercial space...
PROPTECH-X : Why CRE Portfolios Tech Is Often Overbuilt, Under-Integrated, and Underperforming
Commercial‑real‑estate owners have built tech stacks piece‑by‑piece, ending up with overlapping networks, siloed platforms and spreadsheet bridges. The resulting architecture is overbuilt, under‑integrated and drives higher CapEx, OpEx and operational friction. Industry experts argue that simplifying to a standardized, owner‑controlled...
Eversheds Sutherland Moves Into Bank Of America Plaza: The Atlanta Deal Sheet
Eversheds Sutherland, the fifth‑largest Atlanta law firm with 178 attorneys, has signed a lease for the top four floors of the city’s tallest tower, Bank of America Plaza. The firm will occupy roughly 94,000 sq ft, moving from its former 999 Peachtree location, a...

4/20 and the Real Estate Hangover Nobody Is Talking About
California commercial property owners who chased the 2020‑2023 regulated‑use licensing boom now face a hard‑money hangover. Many acquired retail, cultivation, and warehouse spaces with high‑interest short‑term loans that mature before licenses were granted or businesses opened. As a result, properties...

German Asset Manager Kauri Acquires 55,000 Sqm Parcel in Hochheim for Data Center
German asset manager Kauri has purchased a 55,000 sqm (592,000 sq ft) parcel in Hochheim for $28.2 million to build a new data centre. The facility is slated to provide roughly 40 MW of capacity and will be constructed by Kauri’s subsidiary Kauri CAB Digital...
Opposition Grows Over Alhambra Six‑Story Development Amid Historic‑Preservation Rules
Residents and historic‑preservation advocates in East Sacramento are mobilizing against the proposed Alhambra project, a six‑story, block‑long market‑rate development that they say violates long‑standing CEQA guidelines. The backlash highlights a clash between growth pressures and the city’s historic‑neighborhood protections.
RentZoro Unveils End‑to‑End Rental Management Ecosystem in Canada
RentZoro announced the launch of an end‑to‑end rental management ecosystem that adds institutional‑grade verification infrastructure to its platform. The expansion aims to standardize tenant screening and reduce paperwork for landlords across Canada, reflecting a broader shift toward data‑driven property management.
New Housing in U.K.: Spurring Public-Private Development of a Dozen “New Towns”
The UK government is launching 12 large‑scale "new towns" that could deliver up to 300,000 homes across England. Public‑private partnerships will be essential, with development corporations providing the statutory framework and early infrastructure. The nascent National Housing Bank is expected...

This Data Center Is Getting a $77 Million Tax Break to Create One Job
JPMorgan Chase secured a $77 million sales‑tax exemption from Rockland County’s industrial development agency to expand its Orangeburg data center, a deal that promises only one permanent job. The subsidy, the largest per‑job in the nation, is justified by the agency...
Law Firm Robinson+Cole Inks 48K-SF Lease at 100 Park Avenue
Robinson+Cole has signed a 15‑year, 48,451‑square‑foot lease for the entire 16th and 17th floors of SL Green’s 100 Park Avenue, bringing the Midtown East tower to full occupancy. The lease, brokered by Cushman & Wakefield for the landlord and Savills for the tenant, likely reflects...

Bruce Willis’s Former Beverly Hills Mansion Just Sold for $41.3 Million
The former Beverly Hills mansion of Bruce Willis sold for $41.3 million, making it the second‑most expensive residential transaction in Los Angeles County this year. Willis bought the 10,400‑sq‑ft, 1928 estate for $9 million in 2004 and sold it for $16.5 million in 2015 after...

Developer Says It Will Build Larger Data Center if Plans for Smaller Facility Near Philadelphia Go Unapproved
Sentinel Data Centers told East Whiteland officials it will proceed with a larger data‑center build if its revised 887,000 sq ft plan is not approved. The original 1.6‑million‑sq‑ft "Project Forge" was scaled back after community pushback, but the site is zoned for up to...

Seasonality in American Housing
Redfin’s research shows that seasonal swings in new home listings vary sharply across U.S. metros. Warm‑weather regions like Florida, Phoenix and Las Vegas experience modest listing fluctuations, while colder areas and high‑demand markets such as San Francisco, Boston and Seattle see...
Target to Open 6 New Stores in May
Target announced six new store openings slated for May, adding locations in Arizona, Missouri, New Jersey and two in North Carolina. Five of the sites exceed the chain’s average 125,000‑sq ft footprint, with two approaching 150,000 sq ft. The roll‑out supports Target’s broader...
Addressing the Housing Crisis Requires “Coordinated Action at Scale:” Affordable Housing CEO
Jacqueline Waggoner has been named CEO of Century Housing, the California nonprofit that has created and preserved more than 63,000 affordable homes. She highlights soaring construction and insurance costs, tangled financing structures, and regulatory hurdles as the biggest barriers to...

Longford County Council Opens for 2026 Business Incentive Scheme
Longford County Council has launched its 2026 Business Incentive Scheme, offering cash grants to businesses that occupy vacant commercial or industrial premises for at least six months. The grant equals 70% of the property’s commercial rates in year one, 50%...

Urban Apartment Build Slows, Suburban Rents Set to Outpace
Apartment construction is down everywhere but ESPECIALLY in/around downtown areas across the U.S. On a relative basis, we built far more apartments in urban areas than in the suburbs over the past 15 years. As a result, urban rents grew far...

Trampoline Park Operator Bounces Into Clearbell Unit in Tunbridge Wells
Clearbell UK Strategic Trust has secured AirHop as a new tenant for a 30,000 sq ft unit on North Farm Road in Tunbridge Wells, signing a 15‑year lease. The trust completed a full refurbishment, upgrading mechanical and electrical systems and lifting the...

What Happened To The “Shut Down Fannie And Freddie” Movement? (Both Fannie And Freddie Are GROWING Their Retained Portfolios)
The retained portfolios of government‑sponsored enterprises Fannie Mae and Freddie Mac, once on a steady decline, have begun expanding sharply since late 2025. Calls to privatize the GSEs and reduce these balances to zero resurfaced after the 2024 Trump election and a...

Queensway Gets Green Light for Two Office-to-Hotel Conversions in the Capital
Queensway Group has obtained planning permission to convert two central London office buildings into hotels, creating a total of 341 rooms under its Point A Hotels brand. The larger project at 29 Clements Lane near Monument will deliver 236 rooms...
Real Estate Often Outvalues the Underlying Small Business
The value of the land > the business itself I spoke with a family office that owns a portfolio of small businesses. One interesting point the son of the owner made was that, in several cases, the underlying real estate is...

Seattle Mayor Pledges to Build 500 Shelter Units by June
Seattle Mayor Katie Wilson announced an ambitious plan to add 500 shelter units by mid‑June 2026, positioning the city to address its chronic homelessness crisis. The first batch of supportive housing will be overseen by the King County Regional Homelessness...
US Homebuilders Set for Another ‘Lost’ Earnings Season
US homebuilders D.R. Horton, Lennar and KB Home all missed quarterly expectations as the Iran war drove oil prices higher and squeezed household budgets. The conflict has lifted construction material costs, pushed mortgage rates up and eroded consumer confidence, prompting...
Chef Marcelo Fukuya Opens $900,000 Fine‑Dining Spot in São Paulo’s Complexo JK
Renowned chef Marcelo Fukuya inaugurated his eponymous restaurant in São Paulo’s Complexo JK on March 17, backing the venture with a R$4.5 million ($900,000) investment. The new venue offers a high‑priced omakase tasting and à‑la‑carte options, marking the chef’s first independent space after...
Stephen Ross Commits $10 Bn to West Palm Beach ‘Boomtown USA’ Mixed‑use Project
Stephen M. Ross, through Related Ross, announced a private $10 billion mixed‑use development dubbed “Boomtown USA” in West Palm Beach. The plan includes 8 million sq ft of office space, $1 billion in condo sales and major corporate leases, signaling a potential shift in Florida’s...

Fresh Renderings for Santa Monica High-Rise at 1520 7th Street
A new high‑rise project is slated for 1518‑1524 7th Street in Santa Monica. Developed by Hankey Capital, the 23‑story, 256‑foot tower will contain 119 condominiums, five affordable units, and 216 parking spaces. Ottinger Architects designed a glass‑and‑steel façade with a...
Nakheel Grants $144 Million Contract to Build Island B Infrastructure, Paving Way for Luxury Hotels
Nakheel, part of Dubai Holding Real Estate, awarded Al Nasr Contracting a AED527 million ($144 million) contract to build core infrastructure on Island B of Dubai Islands. The work will enable residential, mixed‑use and high‑end hotel projects, marking a major step toward expanding Dubai’s...

The Living Places Concept Can Transform the UK
VELUX has introduced its Living Places concept in Sunderland, creating 40‑50 mixed‑tenure homes on a reclaimed brownfield site that forms part of a larger 1,000‑home development. The project unites Sunderland City Council, developer Igloo Regeneration, MawsonKerr Architects and the Housing...

LACAHSA Approves $100M for New Affordable Housing
Los Angeles County’s Affordable Housing Solutions Agency (LACAHSA) approved more than $100 million in Measure A sales‑tax funding to support ten projects that will create or preserve over 500 affordable homes. The package includes three ground‑up developments—Casa de Mariachi, the Yolanda Project,...

Are Mixed-Use Properties the Future of Urban Development?
Mixed-use developments are reshaping urban skylines by integrating residential, office, retail, and hospitality functions within a single project. The model appeals to city dwellers and businesses seeking convenience, walkability, and reduced commute times. Developers tout the risk‑mitigation benefits, as diversified...

Secure First New Build Funding Even When Cash‑Strapped
How can you get the money for your first new build if you’re short on cash? Easy. With @authenticitywithlindsay #newconstruction #newbuild #builder #luxurybuild #realestatelife

Post‑war Housing Outlook: Is 10 Million Home Shortage Real?
Today's podcast discusses when the war finally ends what will #housing look like? Also are we really 10,000,000 homes short 😏. @housingwire @sarahteresa6 #housing #mortgagerates #realestate #chartdaddy

Snapshot of Industrial Market for Q1
The Q1 2026 Colliers report shows the U.S. industrial market stabilizing as supply and demand realign after years of rapid growth. Vacancy held at 7.4% nationally, edging up year‑over‑year but pausing after sharp spikes in 2023‑24. New construction slowed to...

Housing Markets Differ: No One-Size-Fits-All Narrative
The housing market isn't the same in every location. It's a good reminder that there isn't just one narrative that fits all markets. It's true in local markets also as the temperature might not be exactly the same for detached...
Homebuilders Push Freehold Sales, Let Residents Choose Management
Astonishing that homebuilders believes that they can actually get away this. Just sell the share of freehold and let the residents choose their mgt agent. They'd be selling with a higher margin anyway.

Plan Commission Approves Development at 7605 N. Paulina
The Chicago Plan Commission approved a mixed‑use workforce housing project at 7605 N. Paulina, delivering 80 affordable family‑size apartments across a new eight‑story tower and the historic Werner Bros. building. Units will serve households earning 30 %‑80 % of the area median...

Actual Office Demand Outpaces GDP‑based Forecasts
Actual Office Demand vs. Predicted Office Demand based on historical correlation with GDP growth and employment data. https://t.co/6Nzn0wmIbE

960 Sustainable Student Bedrooms with Wellness‑Focused Amenities
"The scheme will deliver 960 student bedrooms at the university’s Claverton Down campus, alongside communal & wellbeing-focused amenities including shared kitchens, study areas, & flexible social spaces." Design by Stride Treglown #passivhaus #passivehouse https://t.co/jEbsJGSWhn https://t.co/OT0VqmbG3m

AEW Enters Dutch Life Sciences Market with Sale-and-Leaseback Deal
AEW Capital Management has entered the Dutch life‑science real‑estate market through a sale‑and‑leaseback transaction. The firm purchased a laboratory facility and immediately leased it back to the operator on a 20‑year inflation‑linked lease. This structure secures a long‑term, inflation‑adjusted income...

Shanganagh Castle Earns Passivhaus Classic Certification
🏰✅️ "Shanganagh Castle in Shankill, Co. Dublin, a landmark residential development that has recently achieved Passivhaus Classic certification for 546 apartments and 51 houses." #passivhaus #passivehouse https://t.co/ago7bNKIDf https://t.co/OS4CkXa7Nf

At Serenbe's Doorstep, Unaffiliated 'Food-First' Project Breaks Ground
Ceres, a $103 million mixed‑use development, broke ground on a 94‑acre site adjacent to Atlanta’s Serenbe community. The project mandates that 70% of the land stay natural and will feature a food‑first district with orchards, a chef incubator and a cookery...
Homebuyers Hold the Negotiating Power In 38 Major Metros, Up From 29 Last Year
Redfin’s March 2026 data shows a pronounced buyer’s market across the United States, with sellers outnumbering buyers by 43.1%—just shy of the 2013 record. Thirty‑eight of the 49 metros analyzed are buyer‑favored, up from 29 a year earlier, while only...

Permit Issued for Medical Office Building at 5333 S. Harlem
A full building permit has been issued for a 14,200‑sq‑ft, two‑story medical office at 5333 S. Harlem in Chicago’s Garfield Ridge. The project, led by Women’s Health Group and MAS Ventures and designed by ZPD+A, will include surface parking, a dedicated...

City of London Partners with Developer for West Smithfield Revival
The City of London Corporation has teamed up with developer General Projects and Sir Lloyd Dorfman’s Esselco Group to redevelop the historic Annexe buildings in West Smithfield. Phase 1, slated for early 2028, will introduce a contemporary food market, while Phase 2, due...
2026 Kitchen Remodel Trends Favor Color, Mixed Materials, and Smart Tech
Design experts report that 2026 kitchen remodels are moving beyond all‑white cabinets toward richer colors, mixed‑material hardware, and seamless smart‑technology integration. The shift reflects homeowners' desire for personality, functional zones, and future‑proofing.