Singapore Property Clan Puts Rare Hong Kong Estate up for US$38.4 Million Tender
A Singapore‑rooted property family has placed the Belvedere estate in Hong Kong’s Southern district up for tender at HK$300 million (US$38.4 million). The low‑density compound, comprising five two‑storey houses on a 21,170 sq ft seafront site, will be sold “as‑is” with existing tenancies. The tender, closing on April 28, tests demand for trophy homes as Hong Kong’s luxury housing market shows early signs of recovery despite prices still 19% below their 2021 peak. The sale highlights renewed interest from mainland buyers and portfolio reshuffling by local investors.
New Property Discovery App Officially Launches with TV Campaign
The HOMING IN® property discovery app has launched a national TV advertising campaign on Sky channels starting mid‑March, targeting tech‑savvy home‑seekers. The platform promises estate agents a low‑cost or free marketing channel that funnels enquiries directly to their own websites...
Fears New Public Register Will Create ‘Extra Red Tape and Unintended Consequences’
The UK government plans to launch a public register of land transactions to boost market transparency. Industry leaders, including Bidwells and KMDC, warn the scheme could impose extra red tape, especially harming small‑scale developers. Critics argue that reinstating Help to...
Zoopla Reports Sharp Rise in Property Valuation Leads to Agents
Zoopla announced a 42% year‑on‑year rise in valuation leads for February, extending the growth seen in January. The surge aligns with an additional 500,000 homeowners using Zoopla’s valuation tools, pushing total users above 5.6 million. Leads increased across Great Britain, with...
A Reimagined 1940s Miami Home by Modernist Architect Rufus Nims Just Listed for $6.5 Million
A 1948 tropical‑modern residence by Rufus Nims in Miami’s Morningside enclave has been dramatically renovated and rebranded as SkyFin. Architect Gabriela Liebert purchased the long‑vacant property for $1.5 million in 2022 and expanded the 4,200 sq ft home while preserving its original design...
Stagwell Inc (STGW) Q4 2025 Earnings Call Transcript
Stag Industrial reported a record 2025, posting core FFO of $2.55 per share, up 6.3% year‑over‑year, and same‑store cash NOI growth of 4.3%. Leasing activity accelerated with 31 new leases covering 3 million square feet and cash spreads of 16.3%, while...
Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2025 Results
Flagship Communities Real Estate Investment Trust reported strong fourth‑quarter and full‑year 2025 results, with rental revenue climbing 17% to $103.4 million and net income rising 12% to $115.7 million. NOI increased 17% year‑over‑year to $68.4 million, while FFO per unit grew 12% and...
Why ARMs Are Rising Even as Rates Drift Lower
Adjustable‑rate mortgage (ARM) originations climbed in 2025 despite falling 30‑year fixed rates, reaching a 20.5% share of conventional volume, the highest in three years. The 5/1 ARM remained about 80 basis points cheaper than the fixed‑rate benchmark, saving borrowers roughly...
Steven Roth Sells Former Queens Department Store to Northwell Health for $236M
Steven Roth sold the 340,000‑square‑foot former Alexander’s department store in Queens for $236 million, generating roughly $150 million in profit. The property, vacant since Burlington and Marshalls left, includes a 1,236‑space parking garage and sits near the Long Island Expressway. Northwell Health,...
CyrusOne Tops Out Latest Texas Data Center
Data center provider CyrusOne announced the topping out of the first building at its new Bosque County campus in Whitney, Texas. The $750 million DFW10 facility, a 250,000‑sq‑ft, single‑story data center, was constructed by 650 workers over 450,000 man‑hours without incident....
TD Securities Expands to 181K SF at SL Green’s 125 Park Avenue
TD Securities, the investment arm of TD Bank, has expanded its footprint at SL Green’s 125 Park Avenue to 181,447 square feet, adding 51,081 square feet on the 21st and 22nd floors. The new space brings its total occupancy to the eighth, 19th,...
Redfin Economists’ Weekly Take: Mortgage Rates Poised For Volatility As Iran Conflict Escalates and Inflation Data Looms
Redfin economists warn that mortgage rates could remain volatile as the Iran‑Israel conflict drives oil prices toward levels last seen during the Ukraine war and fresh inflation data arrives. February core CPI is projected to rise 0.2% month‑over‑month, while the...
Loandepot Adds Wholesale Production 3 Years After Exit
Loandepot announced its return to the wholesale mortgage origination channel, a move it had abandoned in August 2022 after a $224 million Q2 loss. CEO Anthony Hsieh, now acting CEO, says the comeback leverages the joint‑venture shared‑services platform to drive profitable...
PGIM Provides $103M Facility to Alterra IOS Secured By 23 U.S. Assets
Alterra IOS secured a $103 million senior debt facility from PGIM’s real‑estate credit arm, backed by 23 industrial outdoor storage properties across 18 U.S. markets. The financing will fund future IOS acquisitions, marking Alterra’s first debt partnership with PGIM. Executives called...
Steve Croman Hit with Four More Foreclosure Suits From the Lower East Side to Harlem
Steve Croman, a once‑convicted landlord, is facing four new foreclosure lawsuits filed by Dalan Real Estate over nine Manhattan rental buildings spanning Harlem to the Lower East Side. The suits allege Croman defaulted on $43.4 million in Axos Bank mortgages after...
Prologis Adding On To Massive La Porte Logistics Park
Prologis broke ground on the final phase of its Port Crossing Commerce Center in La Porte, Texas, adding two new buildings totaling 290,000 square feet. The expansion pushes the park’s footprint above 2.7 million square feet across 11 structures, reinforcing...
Syndicator Lender Ready Capital Takes Massive Hit
Ready Capital posted a $232 million loss for the fourth quarter, an improvement from a $314 million loss a quarter earlier, as it restructures a $1.5 billion commercial‑real‑estate loan portfolio. Non‑accrual loans surged to 25% of the book, roughly $1.3 billion, driven by a...
Carlyle Group Inks 150K-SF Deal at SL Green’s 245 Park Avenue
Carlyle Group has signed a 10‑year lease for 150,036 square feet at SL Green’s 245 Park Avenue and an additional 52,121 square feet at Irvine Company’s 200 Park Avenue, bringing its new Manhattan footprint to more than 202,000 square feet. The 245 Park lease commands $175...
Former Elliman Exec Lands at Howard Hanna NYC
Howard Hanna, the nation’s largest privately held brokerage, has hired former Douglas Elliman leasing head Hal Gavzie as executive director of business development for its newly launched New York City office. The move follows Hanna’s October acquisition of Elegran Real Estate,...
Megaworld Raises P945 Miilion From Sale of MREIT Shares
Megaworld Corp. raised P945 million by selling 70 million MREIT shares at P13.50 each, adding to prior REIT fundraises of P1.32 billion in December and P2.24 billion in September 2025. The proceeds support a P65 billion capital‑expenditure plan focused on provincial township expansion. MREIT posted...
Investment Firm Brown Advisory Takes 35K SF at 520 Madison Avenue
Brown Advisory, a leading investment advisory firm, has signed a 15‑year lease for 34,748 square feet at Tishman Speyer’s Plaza District tower at 520 Madison Avenue. The lease covers the entire 27th floor and part of the 26th floor, and the...
After the Fires: A Path Forward for Altadena
More than a year after the 2025 Eaton Fire razed Altadena, architects, planners, and real‑estate leaders are convening to rebuild without displacing the historically Black community. The ULI Los Angeles‑SoCal NOMA forum highlighted the Altadena Rebuild Coalition’s Project Recovery plan, a...
The Top 10 Most Expensive Streets in the UK Revealed - Do You Live on One?
Rightmove’s latest analysis reveals Winnington Road in Barnet as the UK’s most expensive street, with an average asking price of £12.5 million. London dominates the top‑ten list, contributing nine streets, while the sole non‑London entry is East Road in Elmbridge, Surrey,...
Texas Housing Market Cools
Texas home prices slipped 1.2% to a median of $335,000 in 2025, while most metros posted price gains and sales volume rose modestly. Active listings jumped 23.1%, pushing months of inventory to 4.6, a level near market balance. Fourteen of...
Primark Is Retail’s ‘Best Kept Secret.’ It’s Ready to Move Beyond That.
Primark appointed Eoin Tonge as permanent CEO after a year as interim, signaling a stable leadership transition. The retailer is accelerating U.S. expansion, celebrating a decade of presence and planning a flagship Herald Square store in Manhattan. Internationally, Primark opened...
Nearly 40,000 ‘Shovel-Ready’ Affordable Homes in California Are Stuck in Financial Limbo, Report Finds
A new Enterprise Community Partners report finds that 39,880 affordable housing units across 461 California developments are shovel‑ready but stalled due to insufficient state funding. The projects, which could house over 432,000 low‑income households, require $2.3 billion in subsidies, $1.8 billion in...
Gwinnett County Seeking Redevelopment Ideas for 106-Acre Industrial Site
The Urban Redevelopment Agency of Gwinnett County is soliciting proposals to transform a 106‑acre dormant industrial parcel near Norcross, adjacent to Lightera’s fiber‑manufacturing campus. The county will consider a range of uses—including multifamily housing, office, retail, industrial or flex‑industrial—and has...
5555 Stores for Aldi Nord
Aldi opened its 500th store in Spain, marking the 5,555th outlet for Aldi Nord across Europe. The new supermarket in Mijas, Málaga, brings total retail space in Spain to over 550,000 m², a 54% increase since 2020. Over the past five years...
SL Green’s One Madison Is Fully Occupied
Harvey AI is adding more than 90,000 square feet to its existing lease at SL Green’s One Madison, bringing its total footprint to roughly 185,000 square feet. The expansion pushes the 1.4‑million‑square‑foot Class A tower to 100 percent occupancy, a milestone for the...
Airbnb Faces World Cup Shortfall in NYC — New Jersey Is Dominating
Airbnb’s ability to meet World Cup lodging demand in New York City is hampered by the city’s strict short‑term rental bans, driving visitors to seek accommodations across the Hudson River. In New Jersey, short‑term rental occupancy surged 169% on the...
Greater Las Vegas Area Housing Market Shifts to Buyers
The Las Vegas housing market tipped toward buyers in February 2026 as median single‑family prices slipped to $481,995, a 0.6% year‑over‑year decline, and condo prices fell 5.9%. Inventory rose sharply, with a 17.2% increase in listed single‑family homes and a...
Aldi Begins Renovations on Newly Acquired Florida Distribution Center
Aldi has launched a $35.1 million renovation of its Baldwin, Florida distribution center, converting the former C&S Wholesale Grocers site into a modern hub for perishable and dry goods. The upgrade, split between $22 million for 391,600 sq ft of refrigerated space and $13 million...
Report: Texas Needs ‘Hundreds of Thousands’ of New Homes to Meet Demand
Realtor.com’s latest report finds Texas faces a severe housing shortfall, needing hundreds of thousands of new homes to keep pace with rapid population growth and in‑migration. Despite leading the nation in homebuilding, the state’s supply lagged for a second consecutive...
FFL Partners Forms Pioneer HOA
FFL Partners announced the creation of Pioneer HOA, a newly formed holding company designed to house its current and future investments in homeowners association (HOA) property‑management firms. The move consolidates a fragmented portfolio under a single corporate umbrella, simplifying governance...
Tampa Bay Rays Unveil Designs, Plans for $2.3B Ballpark
Major League Baseball’s Tampa Bay Rays unveiled renderings for a $2.3 billion, 31,000‑seat ballpark anchored in a 130‑acre mixed‑use development in Tampa’s Westshore District. The team will finance 50 % of the cost, while Hillsborough County and the city are expected to...
Lower Mortgage Rates Boost Refinancing While Purchase Activity Slows
Mortgage applications rose 1.5% month‑over‑month as the 30‑year fixed rate slipped to a three‑year low of 6.14%, driven by a decline in the 10‑year Treasury yield. Refinancing activity surged 11.3%, while purchase applications fell 12.3% amid tight inventory and winter...
Dubai's Real Estate Faces a Hard Test
Dubai’s property market entered 2026 on a record high, with AED 917 bn in 2025 transactions and residential prices up 60‑75% since 2021. In January 2026, residential values surged 44% year‑on‑year, reinforcing the city’s reputation as a safe‑harbour for wealth. The sudden...
‘I Find This Very Worrying’: A Friend Lost Her Home. Why Are Foreclosures on the Rise?
Foreclosure filings in the U.S. jumped 14% to 367,460 last year, with January 2026 up 32% year‑over‑year, marking the 11th straight month of increases. While still far below the 2010 crisis peak, the surge reflects high mortgage rates, rising property...
Lender Sues JLL, Acore over Alleged $62m Secret Property Sale
US Income Partners, a lender, filed a federal lawsuit alleging that a Florida property valued at $62 million was secretly sold without its consent. The complaint says CH Realty and JLL closed the deal for a nominal $10 consideration, while land...
KKR, Puma Launch £500m UK Living Sector Lending Joint Venture
KKR and UK developer Puma have launched a £500 million joint venture to provide debt financing for the UK living sector. The partnership will supply bridge and construction loans to best‑in‑class developers aiming to deliver new homes. By combining KKR’s deep...
London’s Square Mile Posed for ‘One of Best Years’ in Construction
London’s Square Mile is poised for one of its strongest construction years, driven by record‑low vacancy and robust demand for premium office space. Tender price inflation has eased to low single digits and interest rates are trending down, improving project...
How Alternative Water Sources Like Rainwater and HVAC Condensate Reduce Risk for Facility Managers
Facility managers are turning rainwater and HVAC condensate from optional sustainability add‑ons into core infrastructure. Epic Cleantec’s OneWater system captures both sources, supplying non‑potable water for toilets, cooling towers, and irrigation, thereby lowering dependence on municipal supplies. The approach improves operational...
No Spouse, No House: Marriage Decline and Homeownership Among Young Adults
The share of 25‑34‑year‑olds who own homes fell from about 54% in 1980 to roughly 35% today, while marriage rates for the same cohort dropped from 67% to 37%. Despite the housing affordability narrative, most young newlyweds remain renters, and...
Mandatory Energy Rating Report Card Urged for All Homes
Australia will expand the Nationwide House Energy Rating Scheme with a $32.7 million boost, making energy‑efficiency assessments available to homeowners and landlords from July. The scheme rates homes on a zero‑to‑10 star scale, but only about 30% of the existing stock...
EYE NEWS UPDATE: Connells Group Agrees Major Deal with OnTheMarket
Connells Group, the UK’s largest estate‑agency network, has signed a partnership with property portal OnTheMarket, adding roughly 100,000 listings from its 1,263 branches. The deal follows CoStar Group’s recent investment in OnTheMarket and comes just two months after Connells renewed...
Alligator Automations Opens New Office in PCMC Industrial Belt
Alligator Automations has opened a new 4,000 sq ft office on the fourth floor of Teerth Business Center in Bhosari MIDC, Pune’s PCMC industrial belt. The facility consolidates the firm’s sales, marketing, controls, mechanical engineering and accounts teams under one roof. Designed to...
HELOC and Home Equity Loan Rates Monday, March 9, 2026: Got a Low Rate? Now Consider This.
Home equity line of credit (HELOC) rates average 7.20% and fixed home‑equity loan rates 7.47% for borrowers with 780+ credit scores and CLTV under 70%. Rates vary widely, with some lenders offering introductory HELOC rates as low as 5.99% for...
Patrizia Expands Living Platform with Berlin Residential Joint Venture
Patrizia, a leading European real‑estate investor, has formed a joint venture with Berlin‑based developer Cosimo to expand its living platform. The partnership targets the capital’s chronic housing shortage by developing new residential assets. The venture will focus on mid‑scale, rent‑controlled...
Mortgage and Refinance Interest Rates Today, March 9, 2026: Moving Higher with Bond Market Anxiety
Mortgage rates rose on March 9, with the average 30‑year fixed climbing to 5.98% and the 15‑year fixed to 5.50%, driven by bond market anxiety from Middle East tensions and a weak jobs report. Refinance rates are higher, with the 30‑year...
Home Contract Cancellations Edge Down: The Top Markets Where Deals Are Most Likely To Close
Home contract cancellations slipped to 7.2% in February 2026, down from 7.4% a year earlier and 7.6% in January, signaling growing buyer resolve. At the same time, pending home sales rose 4.2% year‑over‑year, the strongest gain in 15 months, buoyed...