Former Partner Accuses Spanish Developer Of Icing Her Out Of 6,000-Unit Miami Project
Former Taubco managing director Laura Tauber filed a lawsuit in Miami‑Dade Circuit Court alleging that Spanish developer Pablo Castro excluded her from the $1.3 billion HueHub project after she worked three years unpaid to secure approvals. The HueHub, a 4,032‑unit, $880 million first‑phase development under the Live Local Act, is slated for demolition of existing structures. Tauber claims she was promised 50% of property‑management income, a 1% asset‑management fee, 10% developer fee and $50,000 monthly, but none were documented. She seeks over $750 k in damages and up to $150 million if the project proceeds.
The Typical Homeowner Earns About 85% More Than the Typical Renter—But the Largest Gaps Aren’t Where You Might Expect
New research from the National Association of Realtors shows that the typical homeowner earns about 85% more than the typical renter across the United States. The disparity is most pronounced in smaller metros and college towns, where student and entry‑level...
TRD PolicyPro: Mamdani Pitches More Real Estate Taxes, Luxury Building Workers Eye Walkout
Mayor Zohran Mamdani is quietly pitching three new real‑estate taxes that could raise about $1.2 billion to help close New York City’s multi‑billion‑dollar budget gap. At the same time, the 32BJ‑SEIU union has begun contract talks with building owners, warning of a...
Storied Edinburgh Nightclub to Be Turned Into Student Flats Following Demolition
Edinburgh’s iconic nightclub, known over the decades as The Cavendish, Lava, Ignite and most recently ATIK, is being demolished to make way for a new student residential complex. The venue, which opened in the 1940s and hosted legends such as...
Aviation Services Firm ASAK Solutions Leases 17K-SF Warehouse by JFK Airport
Aviation services provider ASAK Solutions signed a 16,515‑square‑foot lease on the ground floor of Longpoint Partners’ 152‑15 Rockaway Boulevard warehouse in Jamaica, Queens, at $28 per square foot. The space, featuring eight drive‑in loading doors, is positioned within a short...
Credit Diverges: Jumbo Rises, FHA Slips
Government loan performance issues have tightened underwriting, while jumbo credit availability rose 2.9% in the past month, driven by non‑QM loan growth. In contrast, FHA‑backed loan availability slipped 0.8% as delinquencies topped 11%. The Mortgage Credit Availability Index edged up...
L.A. To Offer ‘Pre-Approved’ Home Designs To Speed Up Pacific Palisades Rebuild
Los Angeles Mayor Karen Bass announced the expansion of a pilot program that offers pre‑approved home designs to accelerate rebuilding after the 2025 wildfires that destroyed nearly 12,000 homes and erased $8.3 billion in property value. The city, partnering with The...
Newrez, Pennymac, Rate Roll Out Fresh Offerings
Newrez introduced TitlePass, a title‑insurance waiver for qualified rate‑and‑term refinances in 18 states, promising up to $2,200 savings for borrowers. Pennymac’s third‑party origination arm launched a non‑QM menu featuring debt‑service‑coverage‑ratio, bank‑statement, and asset‑qualifier loans aimed at entrepreneurs and retirees. Rate’s...
Sugar Land Rolls Out Incentives To Attract Startups, Upgrade Offices
Sugar Land unveiled an innovation fund and an Office Readiness Program to lure high‑growth startups in life sciences, advanced manufacturing, IT and professional services, while subsidizing office‑building upgrades. The fund builds on the Plug and Play Sugar Land accelerator, which...
Data Center Proposal Rejected in Pekin, Illinois
The City of Pekin, Illinois, announced that it will not move forward with a proposed 321‑acre data‑center campus on the Lutticken Property. Mayor Mary Burress cited community opposition and uncertainty as reasons for halting the project, despite a tentative land‑sale...
A Sun-Soaked Mediterranean Villa Near Cannes Just Listed for $6.9 Million
A newly listed Mediterranean villa in Mougins, just 15 minutes from Cannes, is on the market for $6.85 million. The 4,305‑sq‑ft, five‑bedroom residence sits on over an acre of terraced gardens and features a pool, sauna, hammam, massage room and gym....
NoMad’s Senton Hotel Trades Hands for $27M
Stayway Holding Group, linked to Lee Fung Fong and Henry Zheng, purchased the 71‑room Senton Hotel in Manhattan’s NoMad district for $27.2 million. The seven‑story property at 39 West 27th Street was sold by Calvin Kamuluddin, with Avison Young brokering the...
2 Homebuilders Navigating a Challenging Industry Backdrop
U.S. homebuilders face a tough 2026 backdrop marked by strained affordability, rising land and material costs, and cautious buyer sentiment despite underlying demand. Builders are leaning on mortgage buydown incentives and selective land acquisitions to sustain sales, while technology adoption...
Bernstein Proposes 24-Acre, Mixed-Use Development in Reston, Va.
Bernstein Management has filed a rezoning application for a 24‑acre mixed‑use project called Reston Crossing, located just south of the Reston Town Center Metro station. The development will deliver 1,650 residential units, roughly 1.5 million square feet of office space and...
Wales First Part of UK to Mandate Solar Panels on New Buildings
Wales will become the first UK region to require solar panels on new domestic and commercial buildings, with the rule taking effect on 4 March 2027. The updated building regulations mandate a "system for renewable electricity generation," which industry analysts say will...
Home Improvement Spending Shifts in Canada
Renovation demand in Canada remains robust, driven by affluent online mass‑merchandise shoppers who also purchase electronics and sporting goods. Environics Analytics finds these consumers, averaging $150K household income, are focusing on high‑intensity projects such as basement finishing, HVAC, and roofing....
How Durham, North Carolina, Kick-Started Affordable Housing Development
Durham, North Carolina, approved a $95 million affordable‑housing bond in 2019, supplemented by $65 million in federal and local funds. The program has delivered 1,668 new rental units and preserved 888 existing homes, exceeding its original targets, and has housed over 2,030...
Digital Realty Trust: A 34% Dividend Buffer Meets AI Data Center CapEx Cycle
Digital Realty Trust posted 2025 Core FFO of $7.39 per share, delivering a roughly 34% dividend buffer against its $4.88 payout. The REIT maintains a 4.9× leverage ratio and BBB ratings from S&P, Moody’s and Fitch, keeping credit risk low....
Portland’s Fines for Short-Term Rental Violations Are 27 Times Higher Than Comparable Cities
An investigation by the Portland Ombudsman found that the city levies fines for short‑term rental violations that are up to 27 times higher than those in comparable U.S. cities. The report highlighted a case where a first‑time operator was fined...
AD&C Loan Volume Falls Despite Declining Financing Costs
Single‑family acquisition, development and construction (AD&C) loan stock slipped 1.5% in Q4 2025, reaching $456.3 billion despite two Fed rate cuts. While overall AD&C volume fell, 1‑4‑family residential construction loans rose 1.7% year‑over‑year, marking a second consecutive YoY gain. Nonaccrual and...
Third & Urban Unveils Renovation Plans for Atkins Park Collection in Atlanta’s Virginia-Highland Neighborhood
Third & Urban announced renovation plans for the Atkins Park Collection, a 61,120‑sq‑ft retail portfolio in Atlanta’s Virginia‑Highland. The developer, which completed acquisition of both phases by September 2025, will invest over $3 million in building upgrades and streetscape improvements, beginning with...
Morningstar DBRS Assigns Credit Rating to the Mortgage Loan Made to 516 Northwestern Associates L.P.
Morningstar DBRS assigned a stable A rating to the $10.8 million mortgage loan for 516 Northwestern Associates, secured by a 135,324‑sq‑ft office‑lab‑classroom building on Purdue University’s West Lafayette campus. The loan carries a 4.14% interest rate, matures in November 2039, and...
October 2025 Placer.ai Office Index: Continued Momentum – Placer.ai Blog
Office foot traffic rose 4.7% year‑over‑year in October 2025, yet remains 30.8% below pre‑pandemic October 2019 levels. Miami and New York continue to dominate the recovery, while San Francisco posted the strongest YoY rebound. Friday visits linger at just 12.4%, underscoring persistent...
Morningstar DBRS Assigns Credit Rating to the Mortgage Loan Made to Miracle Mile Properties, LP
Morningstar DBRS assigned an A (low) rating with a Stable trend to a 4.14% mortgage loan due July 1, 2038, financing Miracle Mile Properties' Glenwood Apartments in Reseda, California. The 237‑unit, garden‑style property is valued at $12.4 million, yielding a loan‑to‑value...
In the Home Sector, ‘the Weak Will Get Weaker’ This Year
Home retailers are bracing for a 2026 that mirrors the weak 2025, as year‑over‑year sales continue to fall and the sector was the only category to decline in January’s retail report. The slowdown is tied to a stagnant housing market,...
Hounslow Unveils £7.5bn Golden Mile London Regeneration Plans
Hounslow Council unveiled the Golden Mile London regeneration programme, a 15‑year, £7.5 billion initiative. The plan calls for 14,000 new homes and aims to generate 25,000 jobs in creative, digital and technology sectors along the 4 km stretch between Heathrow and central...
Wyoming Court Upholds Dragnet Clause Costing Family Property and Home Equity
The Wyoming Supreme Court affirmed a mortgage dragnet provision that linked a $235,000 loan to a separate $1.49 million debt, causing the Adams family to lose their commercial property and a portion of their home equity. The clause, buried on page...
Mr. Cooper Hit with Class Action over Prepayment Penalty Overcharges
Mr. Cooper, a major mortgage servicer, faces a class‑action lawsuit alleging it overcharged borrowers on prepayment penalties by misinterpreting the undefined “anniversary date” in loan notes. The suit claims the servicer applied a five‑percent penalty instead of the correct four...
PBSA Remains Top Choice for European Investors, Savills Survey Finds
A Savills survey of European real‑estate investors shows purpose‑built student accommodation (PBSA) remains the most favoured asset class, outpacing other sectors. While PBSA holds the top spot, allocations to single‑family rentals, co‑living, senior living and care homes are rising. The...
Fred Segal’s Daughter Lists Her Revamped 1950s L.A. Home for $10 Million
Annie Segal, daughter of late fashion icon Fred Segal, is listing her renovated 1950s Toluca Lake estate for just under $10 million, nearly double the $4.8 million she paid in early 2024. The overhaul, done with Asom Home, modernized the roof, electrical,...
Vermont Catalog of Pre-Approved Middle Housing Designs Harkens Back to Sears Catalog Homes
Vermont has launched the 802 Homes catalog, a publicly accessible library of pre‑approved, construction‑ready designs for missing‑middle housing types such as ADUs, duplexes, townhomes, cottages and small multiplexes. The initiative integrates design, permitting, infrastructure and financing into a single production...
Tom Thumb Continues to Move Into North Texas
Albertsons’ Tom Thumb banner opened its third North Texas store, a 63,000‑square‑foot location in Argyle, marking the largest of three new stores launched within six months. The earlier December openings in Sanger (50,000 sq ft) and Sunnyvale (59,000 sq ft) also feature full‑service grocery...
Deepki Launches New Benchmark for Decarbonising Real Estate
Deepki has introduced a Sustainability CapEx Index that benchmarks the capital expenditure required per square metre to decarbonise real‑estate portfolios by 2050. The index leverages Deepki’s AI and thermodynamic software to model virtual renovation scenarios across more than 3,000 European...
Sector Warns of ‘All Bark and No Bite’ in Draft Revision to National Planning Policy Framework
The government’s draft National Planning Policy Framework (NPPF) consultation closes on 10 March 2026, promising reforms to accelerate delivery of 1.5 million homes and unlock an additional 300,000 dwellings. Proposed changes include automatic approvals near rail stations, a new medium‑site category, and streamlined...
Newcastle Airport Confirms Progress on Airlink
Newcastle Airport announced that its multi‑million‑pound AirLink project is moving forward, proposing a 620,000 sq ft cargo hub on land south of the runway. The facility will expand the airport’s current 4,000 tonnes of annual freight capacity and offer direct apron access for...
Prologis Submits Plans for 762,000 Sq Ft Unit at DIRFT
Prologis UK has submitted proposals for DC762, a 762,000‑square‑foot distribution centre at the Daventry International Rail Freight Terminal (DIRFT). The cross‑docked building will feature an 18‑metre clear height, 114 dock doors, BREEAM “Outstanding” and EPC “A+” certifications, and a 700 kWp...
UAE Homebuilders to Prioritise Cash Conservation After Geopolitical Shock, Fitch Warns
Fitch Ratings warned that UAE homebuilders will shift focus to cash conservation after the regional conflict, as property viewings have already declined. The agency noted that pre‑sale escrow accounts provide short‑term stability for projects already under construction, but future developments...
Liverpool Launches £2bn Investment Fund to Boost Housing and Regeneration
The Liverpool City Region has unveiled a £2 bn Investment Fund designed to accelerate housing construction, office and lab development, and transport upgrades. The fund aggregates existing and new public capital to support a £2 bn pipeline of up to 64,000 homes...
Florida’s C-PACE Program Is a Game Changer for Hotel Owners
Florida’s commercial‑property‑assessed‑clean‑energy (C‑PACE) program has shifted from a niche financing tool to a core capital solution for hotel owners. Legislative changes, notably Senate Bill 770, broadened eligible resiliency upgrades, and the state eliminated the 3.5‑year lookback, allowing retroactive financing on...
Tower Hamlets Seeks Partners to Bring Forward 52,000-Home Pipeline
Tower Hamlets council is courting development and investment partners to deliver a 52,000‑home pipeline under its Future Places programme. The plan allocates up to 10,000 homes in south Poplar and Billingsgate, 3,300 across more than 40 council‑owned sites, and 1,100...
Solar on New Builds More Attractive to House Buyers
A new E.ON UK survey of 2,500 adults reveals that 75% of potential homebuyers are more likely to choose a newly built house equipped with solar panels, making solar the most desired low‑carbon feature at 72% preference. Support for mandatory...
Hines, Burstone Form Pan-European Light Industrial Joint Venture
Hines and Burstone have announced a pan‑European joint venture focused on light‑industrial properties. The partnership is seeded with six existing assets located in Germany and the Netherlands. The new entity aims to capitalize on the accelerating demand for logistics and...
Iran War Could Knock UK Homebuyer Confidence, Says Builder Persimmon
Persimmon warned that the escalating conflict with Iran could erode UK home‑buyer confidence, adding pressure to an already fragile mortgage market. The builder still expects to complete 12,000‑12,500 homes in 2026, a modest rise on 2025, and reported a 9%...
William Lauder Sells Park Avenue Co-Op in Robust Week for Luxury Deals
Luxury co‑ops on Manhattan’s Upper East Side saw a record‑breaking week, with 15 units priced above $4 million sold—the most in five years. Olshan Realty reported 43 contracts for properties over $4 million between March 2‑8, totaling $421.5 million, up from 32 deals the...
EPC Delay Will Help Fine Tune Effectiveness
The UK government has pushed back the implementation of new Energy Performance Certificate (EPC) rules for rented homes to autumn 2027, giving ministers time to refine the overhaul of the Energy Performance of Buildings regime. The revised EPC framework, set...
Ardian, ADIA Agree to Launch Real Estate Secondaries Platform
Ardian and the Abu Dhabi Investment Authority (ADIA) have signed an agreement to launch a dedicated real‑estate secondaries platform. The initiative arrives as the global real‑estate secondaries market recorded a record $20 billion in transaction volume for 2025. The platform will...
Why Is Communication so Important When Designing a Home? An Architect Explains
Effective communication is the backbone of a successful home‑building project, starting with a thorough pre‑appointment discussion that clarifies budget, lifestyle goals, and design expectations. Throughout the design phase, architects must keep clients and consultants updated, using both digital tools and...
Aurva Illam House / Iki Builds
Aurva Illam, a 5,660 ft² prototype on Hyderabad’s urban fringe, reimagines luxury through reclaimed stone, rammed‑earth walls and passive‑solar geometry. The design stacks ascending vaults that create shade, harness stack‑effect ventilation and eliminate mechanical cooling. Integrated rainwater harvesting and terracotta insulation...
State Farm’s California Homeowners Rate Request: It’s Settled— Almost
State Farm, the California Department of Insurance and Consumer Watchdog have reached a settlement that leaves a 17% emergency homeowners‑insurance rate increase in place while providing refunds with 10% interest for condo and landlord policies. Renter‑insurance rates will rise slightly...
UK Cities Where Letting Agents Are Most Active
Propoly’s analysis of rental listings across 21 UK cities reveals an average of 13.5 listings per letting‑agency branch. Nottingham tops the chart with 35 properties per branch, while Leeds (30.5) and Newcastle (21.1) also exceed the national norm. The lowest...