21st Century ROAD to Housing Act: Impact on Large Institutional Investors
On March 10, 2026 the Senate passed H.R. 6644, the 21st Century ROAD to Housing Act, adding Section 901 that bars large institutional investors—those controlling more than 350 single‑family homes—from buying additional units. The provision also forces divestment of certain newly built, renovated, or conversion projects within seven years and imposes civil penalties of up to $1 million or three times the purchase price. The rules apply only to future acquisitions, leaving existing portfolios untouched, but they are expected to be revised after pushback from industry groups. The legislation reflects a bipartisan push to expand homeownership by limiting Wall Street’s role in the single‑family market.
Strategies to Climb the Property Ladder
Australian first‑home buyers face record‑high deposit ratios, prompting a multi‑pronged approach that leverages superannuation benefits. The government’s co‑contribution adds about $330 USD per year for low‑income earners, while the First Home Super Saver Scheme allows up to $9,900 USD in annual contributions...
Greenshank Wins Approval for Nutrient Neutrality Scheme Set to Unlock up to 5,000 Homes
Greenshank Environmental, partnered with Dace Environmental, has secured approval for the Stodmarsh Stream Enhancement Scheme, a nutrient neutrality program aimed at unlocking between 3,000 and 5,000 homes in Kent’s Stour catchment in its first phase, with a second phase potentially...
You Have Options If You Can’t Make Your Mortgage Payment – What to Know
Mortgage delinquencies surged 30% in 2026, reflecting job losses, inflation and other hardships. Lenders, including loanDepot, urge borrowers to notify servicers early, unlocking forbearance, payment plans, deferrals and loan modifications. Federal programs such as the Homeowners Assistance Fund remain available...
2026 Atlantic Hurricane Season Forecast: What Servicers Need to Know
The Colorado State University forecast predicts a below‑normal 2026 Atlantic hurricane season with 13 named storms, six hurricanes and only two major hurricanes. El Niño conditions are expected to keep tropical Atlantic sea‑surface temperatures near average, further dampening storm intensity. While...
TruAmerica Obtains Buckhead Apartment Tower At Steep Discount: The Atlanta Deal Sheet
TruAmerica Multifamily acquired The Tower on Piedmont, a 20‑story, 155‑unit apartment tower in Buckhead, for $44.8 M—about a 35% discount to the $69 M price paid in 2021 and far below the $85.8 M 2012 purchase price. The price is only slightly above...
White House Says the US Housing Shortage Is 10 Million Homes
The White House’s 2026 Economic Report of the President warns the United States is short roughly 10 million homes, a gap largely created by the sharp decline in single‑family construction after the 2007‑08 financial crisis. The report argues that excessive regulation...
Medley Project’s Second Phase, ‘Encore,’ Officially a Go
Toro Development Company (TDC) announced the launch of Encore, the second phase of the 43‑acre Medley mixed‑use project in Johns Creek, with ground‑breaking slated for Tuesday. The phase adds 408 multifamily units, 20,000 square feet of ground‑floor retail and will...
Why This 432-Square-Foot Home Just Listed For $18.8 Million
A modest 432‑square‑foot cottage at 1041 Marine Drive in Laguna Beach has been listed for $18.8 million. The home occupies a tiny footprint on an 8,500‑square‑foot parcel that includes a manicured backyard and private staircase to Shaws Cove. Built in 1923, the property...
Upper West Side Condos Dominate Manhattan Luxury Contracts
Upper West Side condos led Manhattan luxury contracts last week, with 12 of 38 $4 million‑plus deals. The most expensive contract was for a $23.5 million, 3,400‑sq‑ft unit at Extell’s 50 West 66th Street, featuring 14‑foot ceilings and Central Park views. Overall activity rose from 31...
Closing the Housing Gap in The Phillipines
The Philippines faces a 10‑million‑unit housing deficit across 26 million households, with annual construction lagging at roughly 130,000 units versus 478,000 new households. The government’s Expanded 4PH program has lifted its target to 1.1 million units, while the private sector is testing...
Spring Market ‘Fragile’ as Existing Home Sales Hit 9-Month Low
Existing home sales in March slipped to a seasonally adjusted annual rate of 3.98 million, the lowest level for the month since 2009. The decline reflects a 3.6% month‑over‑month drop and a 1% year‑over‑year dip, driven by higher mortgage rates, economic...
Blackstone Nabs $154M to Refi Downtown Miami Office Complex
Blackstone secured a $154 million refinancing for the 2‑building, 339,000‑square‑foot MiamiCentral office complex in downtown Miami. The loan was provided by CIM Group’s private‑credit fund and brokered by Eastdil Secured. Blackstone bought the asset for $230 million in 2021 and now occupies...
Shoptalk Spring 2026: Retail’s Renaissance Continues – Placer.ai Blog
Shoptalk Spring 2026 underscored the rise of AI‑driven "Agentic Commerce," where autonomous agents manage discovery, pricing and checkout, forcing retailers to serve non‑human shoppers. The conference highlighted how GLP‑1 medications are reshaping grocery habits and sparking broader discretionary spending, while...
Kastle AI Integrates with ICE's Mortgage Servicing System
Kastle AI announced a native integration with Intercontinental Exchange’s mortgage servicing platform, MSP, enabling servicers to deploy its AI agents without building custom infrastructure. The connection lets the AI agents, such as Avery, access loan data and execute workflows directly...
Slate Property Group Leases 52 William Street to Homeless Services Nonprofit
Slate Property Group, which bought the former Radisson Hotel at 52 William Street for $95 million in 2024, has signed a lease with Highland Park Community Development Corporation, a nonprofit that serves people at risk of homelessness. The 119,467‑square‑foot, 20‑story building,...
How CORRECTIV Investigated the EU Housing Crisis
CORRECTIV.Europe released a continent‑wide analysis of housing affordability using the ESPON House4All dataset, which scraped 100 million listings to cover nearly 100,000 municipalities across the EU, Norway, Iceland and Switzerland. Between 2015 and 2025 rents rose 21 percent while home prices surged...
CRE Pricing Notches Up in March; Near-Term Outlook Uncertain
The Green Street Commercial Property Price Index rose 0.4% in March, bringing its 12‑month gain to 2.6% but keeping it 15.5% below the 2022 peak. Investors hoped lower rates would boost prices, yet a brief dip in 10‑year Treasury yields...
Pink Gets the Party Started with Greenwich Village Townhouse Buy
Pop star Pink purchased a historic Greenwich Village townhouse at 125 West 11th Street for $21.5 million, down from an initial $25 million asking price. The 8,000‑square‑foot, 1849‑era home sells at roughly $2,688 per square foot and includes five bedrooms, five‑and‑a‑half baths,...
Law Firm King & Spalding Adds 19K SF at L.A.’s U.S. Bank Tower
King & Spalding has expanded its Los Angeles footprint by nearly 19,000 square feet, now occupying the entire 16th floor of Silverstein Properties’ U.S. Bank Tower and part of the 15th floor. The law firm secured a five‑year lease extension...
Why Lenders Could Be Tightening HELOC Requirements in 2026
Home equity lines of credit (HELOCs) surged 16% year‑over‑year between Q3 2024 and Q3 2025, driven by record‑high U.S. homeowner equity of roughly $17.8 trillion. In 2026 lenders—especially non‑bank and fintech firms—are tightening terms, often demanding borrowers draw 50%‑100% of the line upfront....
Toll Brothers Planning Luxury Residential Development In Cary
Luxury homebuilder Toll Brothers has signed a contract to purchase the 27‑acre Chatham Estates mobile‑home park in Cary, North Carolina. The company filed site plans for a mixed‑use project featuring 97 high‑end townhomes and 330 multifamily apartments, with Kennedy Wilson handling...
The Village at Allen Shopping Center Gets New Owner: The DFW Deal Sheet
Sterling Organization has acquired the 109‑acre Village at Allen shopping center in Allen, Texas, from a DLC Management affiliate. The 851,000 SF retail complex, anchored by Super Target and featuring Dick’s Sporting Goods and multiple TJX stores, was 89% leased at...
How Homeownership Helps Build Wealth
A new NBER study led by Wharton professor Fernando Ferreira shows that mortgage modifications during the Great Recession had lasting wealth benefits. Seventy‑five percent of borrowers who received forbearance or rate cuts remained homeowners through 2013, versus 49% without aid....
Why You Should Plan for Waste Removal Before Remodeling
Home remodeling generates significant construction waste, yet many homeowners overlook disposal planning. By assessing waste types, budgeting for dumpster rental, and complying with local regulations, projects stay on schedule, safe, and cost‑effective. Early waste‑removal strategies also boost site organization and...
Redfin Economists’ Weekly Take: Mortgage Rates Hold Steady, but Iran Ceasefire Talks Keep Risk of Sudden Swings on the Table
Mortgage rates have held steady over the past few weeks, but markets remain vulnerable to sudden moves as negotiations over an Iran ceasefire progress. Bond‑market volatility has receded to levels seen in late February, yet any breakthrough—or setback—in the Strait...
Hyperscale Growth Shifts Inland as AI Drives Power Demand
AI‑driven workloads are reshaping U.S. hyperscale data‑center growth, moving new builds inland where power is abundant. Texas and the Midwest, which already host about a third of existing capacity, are projected to capture over half of the upcoming development pipeline....
In His 100-Day Address, Mamdani Says ‘Pothole Politics’ Will Fix NYC Housing and Affordability
Mayor Zohran Mamdani used his 100‑day address to brand a "pothole politics" strategy that ties everyday service fixes to broader affordability goals. He highlighted filling more than 102,000 potholes, conducting Rental Ripoff Hearings with 1,600 tenant testimonies, and securing $2 million...
Brookfield Sells Broward County Warehouses for $78M
Brookfield Properties sold the Deerfield Corporate Park industrial campus in Broward County for $77.6 million, more than double the $36.3 million it paid in 2019. Lincoln Property Company acquired the 247,079‑square‑foot, four‑building site, with a $52.3 million acquisition loan from Walton Street Capital....
Houston Mixed-Use, Urban Core Development Pace Is 'Off The Charts'
Houston’s urban core is experiencing a surge in mixed‑use development, with firms like Perkins & Will reporting record proposal volumes across all sectors. Developers are embracing “blended‑use” projects to blur traditional boundaries and offset rising infrastructure costs. Capital is abundant, and the...
Sofitel To Debut Branded Residences in the Americas
French hospitality brand Sofitel, owned by Accor, announced its first branded residence in the Americas – Sofitel Residences Buenos Aires Madero – slated for completion in 2030. The 43‑floor tower will host 188 luxury apartments, 343 parking spaces, and high‑end...
Covington Group Gets OK For 9.4M SF Industrial Project In Palmdale
Covington Group secured final entitlement for the 9.4 million‑square‑foot Antelope Valley Commerce Center in Palmdale, Los Angeles County. The plan includes 8 million SF of new development in AVCC East, adds to the previously approved 1.4 million SF in AVCC West, and permits a single 2 million‑SF warehouse. Total...
Existing Home Sales Fell in March
Existing home sales in March dropped 3.6% to a seasonally adjusted annual rate of 3.98 million, the lowest level since June 2025. Tight inventory rose modestly to 1.4 million units, creating a 4.1‑month supply, while median home prices climbed 1.4% to $408,800, marking...
Why Remodelers Aren't Panicking About Rising Rates
Rising mortgage rates are cooling existing home sales, yet remodelers remain upbeat, citing an aging housing stock and the lock‑in effect that keeps owners at home. The NAHB/Westlake Royal Remodeling Market Index recorded a first‑quarter sentiment score of 62, modestly...
Sovereign Partners, HudsonPoint Capital to Buy 575 Fifth Avenue for Roughly $385M
Sovereign Partners and HudsonPoint Capital have signed a contract to acquire the 40‑story 575 Fifth Avenue office tower in Midtown Manhattan for roughly $385 million. The 544,000‑square‑foot building includes about 504,000 sq ft of office space and 40,000 sq ft of retail, currently anchored by...
FHA's Cassidy on Leave, Ginnie Mae's Gormley Filling In
Federal Housing Administration Commissioner Frank Cassidy has taken a family‑related leave that will last at least through the end of April. Ginnie Mae President Joseph Gormley has stepped in as acting FHA commissioner, leveraging his prior experience as deputy assistant...
Former Yonkers Domino Sugar Site up for Redevelopment
Cushman & Wakefield is marketing the former Domino Sugar refinery on Yonkers' 1 Federal Street, a 33‑acre waterfront parcel now rezoned for mixed‑use development. The site can accommodate roughly 2.6 million square feet, including more than 2,600 residential units alongside commercial, retail, and...
US Home Buyers 'Frozen' As Sales Slump over Iran War Fears
U.S. home‑buyer activity stalled in March as mortgage rates jumped to 6.37% amid the US‑Israeli conflict in Iran. The National Association of Realtors reported a 3.6% month‑over‑month decline, with 3.98 million existing‑home sales—the lowest level since June. Median home prices rose...
As States Spend Millions to Woo Data Centers, Colorado Is Having a Reckoning
Colorado’s north Denver neighborhood, already among the nation’s most polluted ZIP codes, is confronting a new data‑center complex built by CoreSite. The facility’s 14 diesel generators, classified as carcinogenic, sit beside affordable housing, a health clinic and a senior‑living project,...
Space Industry Campus Location North Of Austin Being Finalized
Developers are finalizing a Cedar Park research campus for the space industry, led by the Central Texas Spaceport Development Corp. The $78‑$108 million project will span 115,000 sq ft across four phases, including a secure information facility, an environmental test lab, a spacecraft building...
Switchback Medical Is Expanding Into Costa Rica
Switchback Medical, a Minnesota‑based CDMO, has signed a lease for an 18,000‑square‑foot facility in Costa Rica’s Coyol Free Trade Zone, featuring a 3,500‑square‑foot cleanroom. The site will begin development and product transfers immediately, with full manufacturing and ISO 13485 certification slated...
OpenAI Chooses Regent Quarter for First Permanent London Office
OpenAI has signed a long‑term lease for space in Regent Quarter at Jahn Court & Brassworks, establishing its first permanent office in London. The location anchors the company in King’s Cross, a district rapidly becoming a European technology hub. The...
Existing-Home Sales Fall to Nine-Month Low as Prices Rise
Existing-home sales in March dropped 3.6% to an annualized 3.98 million, the lowest level since June. The median selling price rose 1.4% year‑over‑year to $408,800, while inventory crept to a four‑month high but remains tight. The National Association of Realtors cut...
In the Gulf, Not All Retail Markets Are Equal — and the Iran Conflict Is Proving It
The Iran‑Israel conflict in late February halted air travel across the Gulf, prompting Oxford Economics to forecast a $34‑$56 billion drop in visitor spending. While tourism‑dependent markets like the UAE felt a sharp recalibration, Saudi Arabia’s domestic retail engine proved resilient,...
2 Million-Square-Foot Project Baccara Data Center Endorsed for Approval in Maricopa County, Arizona
Project Baccara, a 2‑million‑square‑foot hyperscale data‑center campus backed by DigitalBridge and developed by Takanock, has been endorsed for approval by Maricopa County’s planning and zoning commission. The site will house two one‑million‑square‑foot data centers and a 700 MW natural‑gas power plant,...
Make Housing More Affordable
The Center for Economic and Policy Research (CEPR) published a policy brief titled “Make Housing More Affordable” on April 13, 2026. It highlights that roughly 30 percent of renters and 12 percent of homeowners are cost‑burdened, affecting more than 7 million U.S. households. The brief...
SEGRO and Berkeley Secure Three Leases for V-Park Grand Union
SEGRO and the Berkeley Group have signed three new leases at the V‑Park Grand Union development in Park Royal, north‑west London. The agreements total more than 8,000 sq ft and involve pharmaceutical distributor Pharmium, frozen‑snack maker Hidden Fruits and bakery chain Café De Nata....
Northwood Ravin Adding to Charlotte’s Providence Row
Northwood Ravin is expanding its Providence Row development in Charlotte with a new phase that will add 144 apartment units and 26 townhomes. The addition will raise the total rental inventory across the site to 829 units, complementing the 326‑unit...
Home Sales Fell in March as Weak Job Growth Dampened Buyer Confidence
Existing‑home sales fell 3.6% in March, slipping to a seasonally adjusted annual rate of 3.98 million as weak job growth and higher mortgage rates dented buyer confidence. Condo transactions dropped 7.9% year‑over‑year while single‑family sales were essentially flat. Despite the sales...
Without Data Centers, Nonresidential Construction Would Be Down by 12.7%
Data centers drove March nonresidential construction growth. The Dodge Momentum Index rose 1.8% month‑to‑month, while commercial planning increased 7% overall. Excluding data‑center projects, construction activity would have fallen 12.7% year‑over‑year. The surge in data‑center builds offset declines in institutional, education,...