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:
Apple to Close Three Mall Stores, Prompting Outcry From Loyal Customers
Apple announced it will shut its Trumbull Mall, Shops at North County, and Towson Town Center stores, citing declining mall traffic. The move has drawn criticism from a customer base that values the brand’s retail experience, while analysts note the closures could reshape Apple’s high‑margin storefront model.
Residential Rooftop Solar Nightmare In Massachusetts
Massachusetts homeowner Abe Walters spent eight months securing a $100,000 loan for a rooftop solar and battery system, only to be hit with a surprise $12,000 transformer upgrade fee from National Grid. The fee, not covered by his loan, threatens...
FIRST DRAFT LIVE: 'More To Fix In '26': TruAmerica CEO On U.S. Multifamily's Reality Check
TruAmerica Multifamily CEO Bob Hart warned that the sector’s reset, which began in 2022, is far from over. Vacancy rates climbed through the second half of 2025 as a wave of new units hit the market, flattening rent growth nationwide....
Gibraltar Tower in Seattle Trades for Conversion to Lofts
Gibraltar Tower, a historic 1910 seven‑story office building in Seattle’s Pike‑Pine Corridor, sold for $2.75 million. The 41,705‑square‑foot property, located across from Westlake Station, was brokered by Lee & Associates for HCP Properties. Buyer Parnassus LLC intends to convert the structure...
Anchorage Blocks New Data Centers in ‘Residential Zones’
Anchorage’s City Council approved a 10‑2 ordinance that bars new data centers from being built in residential zones, limiting them to commercial and industrial districts. The measure introduces a mandatory public‑review process and requires utilities to assess water, wastewater, and...
Colliers Completes 157K-SF Industrial Lease in Northeast Philadelphia
Colliers arranged a long‑term lease extension of roughly 157,000 square feet at 9901 Blue Grass Road in Northeast Philadelphia. The agreement, between landlord Brickman and tenant KRG Enterprises, secures space for a custom‑millwork designer that blends manufacturing and distribution functions....
This $3B Builder Moves From California to Arizona—Signaling Something About the Housing Market’s Next Decade
KB Home, a $3 billion market‑cap builder, announced it will move its corporate headquarters from Los Angeles to Tempe, Arizona, with the transition beginning in spring 2027. The relocation is designed to centralize executive leadership, cut operating costs and place the firm in...
Spike in FHA Delinquencies Largely Tied to Loss-Mit Change
The Federal Housing Administration reported a sharp rise in loan delinquencies in Q1 2026, with the rate climbing to 7.2%, a 15‑percentage‑point increase from a year earlier. The surge is largely attributed to a recent change in loss‑mitigation policy that...
NAR, Elliman Opt Into Tuccori Homebuyer Settlement
The National Association of Realtors (NAR) has opted into the Illinois‑based Tuccori settlement, committing $52.25 million to a global fund that will be paid over several years. This payment follows NAR’s earlier $418 million settlement with home‑seller commission cases, expanding the organization’s...
IRG Secures 1.4M-SK Hyundai Translead Lease in Joliet
Industrial Realty Group (IRG) has signed a long‑term lease with Hyundai Translead for 1.38 million square feet at the former Caterpillar plant in Joliet, Illinois. The agreement, overseen by IRG senior vice president Onno Steger, also includes a second Will County...
HEI Customers File New Class Action Against Unison
Home equity investment firm Unison is sued in Colorado federal court by homeowners Katharine and Charles Kane, who claim the company's shared‑appreciation contracts function as undisclosed loans. The Kanes allege the agreement, originally a $88,000 advance for a 70% home...
Affordable Housing Build Near Georgia Tech Nears Opening
The Legacy at Herndon Square, a mixed‑income development near Georgia Tech, is nearing completion with 201 new apartments, including 30 market‑rate units and 170 Low‑Income Housing Tax Credit units. Phase two also adds 10,000 sq ft of commercial space, a parking deck,...
Stephen Ross Joins L&L, 13th Floor for Fourth Condo Project in West Palm Beach
Stephen Ross’s Related Ross is teaming with Wexford Real Estate Investors, 13th Floor Investments and an L&L Holding affiliate to develop a new condo project at 418 and 464 Fern Street in downtown West Palm Beach. The 2.2‑acre site, bought...
By 2055, Everyday Costs Will Skyrocket
If inflation stays consistent over the next 30 years (as the past 30 years), here’s how much life will cost by 2055: - Average Rent: $6,500/ month - Average Home: $1,600,000 - Average Car: $218,200 - Coffee: $28/ cup - Gas: $16/ gallon
UL10: 10 Small-Scale Infill Projects Add Density to Tight Sites
The article profiles ten small‑scale infill projects spanning the United States, United Kingdom, Canada, and Australia, each turning underused parcels into dense, mixed‑use housing. Developers leveraged compact footprints, all‑electric systems, and renewable energy to deliver affordable units and community amenities....
BLOG: Collaboration and Innovation in a Post-RRA Landscape
RentGuarantor has teamed up with Mydeposits to launch a combined guarantor‑and‑deposit service aimed at mitigating the risk gap left by the UK’s Renters’ Rights Act, which abolished rent‑in‑advance. The product, slated for an early‑summer release, lets tenants pay a single...
Publix Intensifies Its Battle with Kroger in Kentucky
Publix announced three new 55,000‑sq‑ft stores in Richmond, Versailles and Bowling Green, bringing its Kentucky footprint to about a dozen locations by year‑end. The expansion deepens its incursion into Kroger‑dominated territory. Publix reported fiscal‑year sales of $62.7 billion, up 5 % YoY, and...
Mortgage Rates Remain Surprisingly Calm
Mortgage rates held steady today, with the average rate barely moving from yesterday, effectively flat for the week. The market experienced unusually low volatility compared to the sharp swings seen in March. Analysts attribute this calm to steadier long‑term oil...
Matthew Linde of People Restoring Communities: 5 Questions
People Restoring Communities (PRC), a third‑generation family firm, rebranded from Property Resources Corporation to signal an exclusive focus on affordable, mixed‑income housing. Brothers Matthew and Benjamin Linde assumed CEO and COO roles in 2022, shifting the business model toward a...
$1.36 Billion Dubai Tower Project Signals Al Habtoor Group’s Bold Construction Push in UAE Skyline
Al Habtoor Group announced a $1.36 billion mixed‑use tower in Al Habtoor City, Dubai, marking one of the largest privately funded real‑estate projects in the emirate. The 5 billion‑AED development will combine luxury residential units, hospitality spaces and retail amenities within a single vertical...
Bagan Datuk Data Centre to Finish Construction by End of 2027, Says Malaysian Developer Privasia
Malaysian developer PRIVASIA Technology Bhd has begun construction of a RM569 million (US$144 million) data centre in Bagan Datuk, Perak, with Phase 1 targeted for completion by the end of 2027. The 10.06 MW facility, built under an EPCC contract with Inspur Cloud, will offer...
Jess Beck of Alfred: 5 Questions
Alfred, a New York‑based residential property‑management platform, now oversees roughly 50,000 units nationwide. Co‑founder Jess Beck describes the company’s shift to a "PM 3.0" model that fuses technology, data, AI and a hospitality‑style resident experience under a single operating umbrella. The...
Lane7 Secures 30th Site with New Exeter Venue
Lane7 Group announced the opening of its 30th UK venue, a 27,000‑sq‑ft boutique bowling centre in Exeter’s Guildhall Shopping Centre, slated for early 2027. The two‑floor site will generate 30 local jobs and adds to a portfolio that now spans...
NewQuest Starts New Phase Of Waller County's Biggest Retail Project: The Houston Deal Sheet
NewQuest broke ground on the multitenant phase of the $400 million Texas Heritage Marketplace, Waller County’s largest retail project. The 5‑acre Heritage Grove will host 35,000 sq ft of dining and wellness concepts plus 101,000 sq ft for four junior anchors slated for Q1 2027. The...
Colliers: Iran War To Increase Real Estate Capital Costs, Drive Warehouse Demand
The Iran‑U.S. cease‑fire has kept oil near $90 a barrel, sustaining inflation and pushing the 10‑year Treasury yield to about 4.3%. Colliers warns that higher inflation expectations will raise real‑estate capital costs, tightening financing for commercial properties, especially industrial and...
Prologis' 900MW 'Project Sail' Gets the Go-Ahead in Coweta County, Georgia
Prologis received final rezoning approval for its 900 MW Project Sail, a 4.9 million‑square‑foot, nine‑building data‑center campus on 832 acres near Newnan, Georgia. The decision ends a year‑long planning process that began in early 2025 after Atlas Development sold the site to...
Benning Road Affordable Project Gets Underway: The D.C. Deal Sheet
The NRP Group and Marshall Heights Community Development Organization broke ground on The Waymark, a 109‑unit affordable housing project just a block from the Benning Road Metro station in Ward 7. The development, financed through a mix of soft debt, DC...
Ventas (VTR) Shares Jump 23.6% in Six Months as Senior Housing Demand Accelerates
Ventas (VTR) shares have risen 23.6% over the past six months, far outpacing the 3.1% sector gain. The healthcare REIT is benefitting from a booming senior‑housing market, robust same‑store NOI growth forecasts and a $2.3 billion acquisition spree that strengthens its...
Even Advisors Buy High‑Priced Property Amid 2026 Rates
I just heard a financial advisor bought a $1.5M condo. In 2026, with home prices sky-high and mortgage rates above 6%. Does this mean it's a good time to buy real estate?
Out‑of‑State Money Fuels Miami Office Boom
Out-of-state interest whips up the #Miami office market, as come-hither conditions attract the well off. 'It's OK to be rich here, it's OK to be poor here. It's not OK to be rich in #LA or #NY' #SoFla #realestate #CRE...
Most Mayors Say Market-Rate Housing Development Can Boost Housing Affordability
A 2025 Menino Survey of U.S. mayors shows 75% believe expanding market‑rate multifamily housing can lower local housing costs, up from 60% in 2021. Eighty percent say their cities lack enough multifamily units, and 82% strongly back adding apartments near...
Mayor Mamdani Reneges on Rent Freeze Promise
We've gone from "Zohran will immediately freeze the rent" to "so, what I'll say is the Rent Guidelines Board is an independent entity." A big reason that Mamdani's first 100 days have gone OK is his startlingly forthright willingness to...
Venture Funding Soars While One‑Third of SF Offices Remain Empty
The biggest venture boom in history, and a third of San Francisco offices are empty.
Calif. City Allocates 50 Units in New High-Rise Apartment Building as Affordable Housing for Police Officers
The San Jose City Council approved reserving 50 below‑market apartments in the downtown Fay high‑rise for police officers and their families. The city’s affordable‑housing voucher program will allocate up to $11.2 million to subsidize these units. The decision follows an earlier...
Inclusionary Zoning Paradox: Keeps Poor Out of Wealthy Areas
It's hard for people to wrap their heads around the fact that the purpose of Inclusionary Zoning is to keep poor people out of rich neighborhoods, but it's true
Even Critics Admit Upzoned City Enables Affordable Homeownership
This is, somehow, meant to be an anti-Sherrill argument, but even when trying to pretend affordability would be bad they make the upzoned city look unfathomably cool. We could have this. You could afford to own a home and start...
Data Centers Powered March Construction Planning Almost Exclusively
The Dodge Momentum Index showed a 1.8% month‑to‑month rise in March, driven almost entirely by data‑center projects. Commercial planning increased 7% while institutional activity slipped 8.8%, and without the data‑center boom commercial planning would have fallen 12.7% year‑over‑year. Fifty‑four projects...
Bonus Law Boosts California Housing Production More Than ADUs
Interesting new paper out today that contends California's most effective housing production laws in the past decade — aside from ADUs — are changes to a prior policy that allowed developers to build more units in exchange for some income restrictions.
SF Condo Prices Surpass $1,000 per Sq Ft After Two Years
Welp, San Francisco condo prices are back above $1000/sft for the first time in two years. https://t.co/hRx2V9xESt
ELLE Decor Exclusive: Lindsey Vonn Lists Her Beverly Hills House for $4.45 Million
Olympic skier Lindsey Vonn has listed her Beverly Hills Craftsman‑style bungalow for $4.45 million, according to ELLE Decor. The 3,400‑sq‑ft, quarter‑acre property features a pool, smart‑home technology, Wolf and Sub‑Zero appliances, and high‑end Waterworks fixtures. Vonn originally bought the renovated 1948 home...
High Rent Targets Force Developers Toward Studios
Any new construction unit needs to be significantly higher Rent/SF than existing homes in the area, or else it won't get built at all The way developers keep Prices down is by building smaller units ... like Studio apartments And it's why...
From LA Rehab Success to Bootstrapped Bend Property Management
After doing a *ton* of successful home / small apt building rehab deals with his family in LA (his mom actually spoke at Reconvene years ago), Jonathan in now bootstrapping a property management business in Bend, OR. Really enjoying following his...
Dollar General Bets on Beauty with Savings Event
Dollar General is launching a week‑long "7 Days of Savings" beauty event from April 10‑18, spotlighting national brands such as Maybelline, L’Oréal, Thayer’s and Old Spice. The promotion extends the retailer’s 2023 "Beauty Reinvention" strategy, which includes expanding E.l.f. Beauty endcaps...
AI Boom Drives Sixth Quarter Office Market Growth
Silicon Valley Office Market Report | Q1 2026 ✅ 6th straight quarter of growth ✅ 436K+ sq. ft. net absorption ✅ Big tech & AI leading the way OpenAI’s 447K sq. ft. lease proves the AI boom is real. 🔗 https://t.co/XCuPdXL3J0...
Rising Gas Prices Threaten Out‑skirt Home Sales
So many homebuilders ventured further out into ‘drive until you qualify’ submarkets this cycle as affordability got squeezed. This gas price chart is going to now weigh on those communities, adding incremental pressure to both new home sales and starts...
FHA Premium Cuts Move Market Shares, Not the Affordability Needle
The Federal Housing Administration’s recent mortgage‑insurance‑premium (MIP) reductions have not lowered overall housing costs but have instead shifted market share from GSE‑backed loans to FHA. Empirical analysis shows a 2.5‑point boost in price appreciation in neighborhoods with high FHA presence...
Help Shape Next App Features: 2026 Housing Survey
The 2026 Reventure Housing survey is live. We’re using this to decide what data to build next in our app. Click the link below to get started (it only takes 3 minutes to complete). https://t.co/Y5ks4Pprz3
California Utility Bills Are 20% Higher Due to Wildfires
A new California Earthquake Authority report reveals that Pacific Gas & Electric’s wildfire surcharge adds $41 to the average residential bill—about 19% of a typical PG&E invoice. Similar wildfire‑related fees make up 17% of Southern California Edison and 14% of San...
The Home Sellers Are Desperate
In February 2026, a record 34% of U.S. home sellers reduced their final list prices, the highest share for any February since Redfin began tracking in 2012. The average discount exceeded $40,000, underscoring a severe buyer‑seller imbalance where buyers outnumber...
Public Bank Lending
The article argues that central governments already provide extensive lending through specialized agencies—EXIM in the U.S., BDC in Canada, and the UK’s export‑finance arm—rather than needing a full‑scale public bank. It highlights major consumer‑focused programs such as mortgage insurance by...