China March New Home Prices -3.4% Y/Y (February -3.2%)
China's March 2026 home price data showed a continued year‑on‑year decline of 3.4%, slightly deeper than February’s 3.2% drop. However, Tier‑1 cities recorded a month‑on‑month price increase, while the downward pressure in Tier‑2 and Tier‑3 markets narrowed or stabilized. A larger share of cities posted gains in both new and existing home prices, and the count of cities with month‑on‑month increases rose from the prior month.
Newmark Strengthens South Korea Services with Key Hires Across Retail and Industrial & Logistics
Newmark announced seven senior hires for its South Korea operations, bolstering both industrial‑and‑logistics and retail transaction services. The team, led by Jihoon Kang and Eddie Oh, brings over a decade of Korean market experience across valuation, leasing, and cross‑border expansion....
Realty One, The Agency Settle in Homebuyer Commissions Case
Realty One Group and The Agency have elected to join the Tuccari homebuyer‑commission settlement, bringing all defendants in the related Cwynar case to preliminary agreements. The settlement, overseen by the Northern District of Illinois, does not disclose the amounts the...
Prime London Housing Sales Plummet 41% Year on Year, LonRes Finds
London's prime housing market saw a sharp contraction in March, with transaction volume plunging 41% year‑on‑year, according to LonRes data. Average achieved sale prices fell 5.5% versus the previous year and 7.5% compared with the 2017‑19 March average. By contrast,...
Mamdani To Launch City-Backed Insurance Program For Affordable Housing
New York City Mayor Zohran Mamdani announced a city‑backed property and liability insurance program aimed at rent‑stabilized and affordable‑housing landlords. The initiative, led by the Economic Development Corp and the Department of Housing Preservation and Development, will target 20,000 homes...
Apollo Global Management Platform Company Inks 50K-SF Lease at 590 Madison Avenue
Apollo Global Management’s platform subsidiary signed a 10‑year lease for nearly 50,000 square feet across the 14th and 15th floors of 590 Madison Avenue. The lease, priced north of $120 per square foot, adds to Apollo’s earlier 100,000‑square‑foot commitment in...
Bonus Season Goes Brick-and-Mortar: How Wall Street Pay Is Repricing US Property
Wall Street’s 2025 bonus pool surged to a record $49.2 bn, a 9% increase that lifted the average payout to $246,900. The windfall of liquidity is flowing into U.S. real estate, from trophy estates in the Hamptons—where sales topped $6.3 bn—to workforce‑housing...
IPA Closes Sale of Student Housing Adjacent to UCLA
Institutional Property Advisors (IPA), a Marcus & Millichap division, closed the sale of Axiom Westwood, a 153‑unit student housing portfolio adjacent to UCLA. The four‑building complex sold for $62.6 million, marking the largest unit‑count transaction in Westwood since 2020. The previous...
REPORT: Strada Investment Group Targeting Showplace Square Office
San Francisco‑based Strada Investment Group is negotiating to buy the 133,400‑square‑foot Showplace Square office at 1 De Haro St. for an estimated $100‑$110 million, roughly $800 per square foot. The building is fully leased to fleet‑telematics firm Samsara, which occupies the entire 86,000‑square‑foot office...
Abacus Capital Scores $111M Refi on Danbury Apartments
Abacus Capital Group secured a $111.41 million refinancing loan for Abbey Lane Apartments, a 470‑unit Class A multifamily complex in Danbury, Connecticut. The loan was arranged by Newmark’s Multifamily Debt & Structured Finance team and funded by Fannie Mae. Abbey Lane offers...
Strong Pilates to Open at Related Beal’s Kenmore Square
Related Beal has finalized a lease with Australian boutique fitness brand Strong Pilates for a new retail space at One Kenmore Square in Boston, slated to open this summer. The Boston location is part of Strong Pilates’ first U.S. rollout...
Friedman Real Estate Completes Ohio Gerber Collision Portfolio Deal
Friedman Real Estate closed the sale of a three‑property Gerber Collision portfolio in Cleveland, Ohio. The sites at Brookpark Road, Dover Center Road and Bagley Road are occupied by Gerber Collision & Glass, the nation’s second‑largest collision‑repair chain, providing a...
Luxury Condos Planned At Surfside Collapse Site Fail To Draw Any Buyers
Damac International bought the former Champlain Towers South site in Surfside for $120 million and announced The Delmore, a 15‑story luxury condo with 37 units starting at $15 million. After a soft launch in early 2025, the developer opened a sales gallery...
'Bro Culture' Makes Private Lending an Unsafe Space for Women, Says Industry Veteran
Women now make up roughly half of mortgage brokers and dominate back‑office roles, yet they remain under‑represented in C‑suite positions. Erica LaCentra, CMO of RCN Capital, says the private‑lending sector still feels unsafe for women because of lingering bro‑culture and crude...
Boll & Branch to Open New Location at Westfield Old Orchard
Luxury home‑goods brand Boll & Branch is opening a 1,430‑square‑foot flagship store at Westfield Old Orchard in Skokie, marking its first permanent presence in the Chicagoland market. The new location will showcase the company’s premium bedding and bath collections and offer...
9 Ways To Weatherize Your Home To Lower Your Energy Bills Before Summer Heat Sets In
Homeowners are urged to weatherize before summer to cut energy bills and avoid HVAC overload. Experts from FilterKing, Service Experts, and First Choice Heating outline nine practical steps—from sealing windows to testing thermostats. Early action secures contractor availability, prevents costly...
Financial Services Roundup: Market Talk
JPMorgan and Wells Fargo reported a 15% sequential drop in mortgage‑banking volumes, outpacing industry forecasts, yet both banks saw stable or improving housing‑credit performance, with JPMorgan posting negative home‑lending charge‑offs. In Europe, alternative‑asset managers rallied, as stocks of CVC Capital, ICG PLC,...
Luxury Real Estate Firms in Tokyo: 2026 High-End Guide
Tokyo’s luxury real‑estate sector remains fragmented, with no single dominant brokerage. Koukyuu stands out as the only firm that exclusively lists properties above ¥300M (≈$2.1 million), offering a trilingual concierge model. Other major players include Ken Corporation’s institutional network, Mitsui Fudosan’s...
VMD Secures Two Manufacturing Tenants at Master-Planned Industrial Park
VMD Companies and CBRE have locked in two anchor tenants for The Campus at Canopy Drive, a 700,000‑sq‑ft master‑planned industrial park in Middleborough, Massachusetts. REXA will develop a 110,000‑sq‑ft high‑tech manufacturing facility on Lot 2, while Indus will occupy a 70,000‑sq‑ft...
One in Six: How Rocket Swallowed America's Mortgage Market
Rocket Companies completed a $15.95 billion series of deals—acquiring Redfin for $1.75 billion and Mr. Cooper for $14.2 billion—creating a vertically integrated homeownership platform that now services roughly one in six U.S. mortgages, about 10 million borrowers and $2.1 trillion in unpaid principal. The combined entity...
Popular Convenience Store, 99 Years Old, Closing Over 600 Locations
7‑Eleven’s parent, Seven & I Holding, announced it will close 645 North American stores by February 28, 2027, while simultaneously opening more than 200 new locations. The closures represent the fifth consecutive year the chain has net‑closed more stores than it opened,...
Boston City Council Members Float Eliminating Parking Minimums For All Housing Development
Boston City Councilors Sharon Durkan and Henry Santana introduced a 35‑page amendment to eliminate off‑street parking minimums for all new residential construction. The proposal would rewrite the city’s base zoning code and every neighborhood article, aiming to reduce development costs...
FN House / Anonym
FN House, a 650 m² residence completed in 2024 on Bangkok’s Prachauthit Road, was designed by lead architect Phongphat Ueasangkhomset. The narrow 500 m² site prompted an elevated floor plan 1.2 m above ground, creating visual separation and capitalising on a neighbour’s garden...
Price Cut on The Block Daylesford
A Daylesford property featured on the 2025 season of “The Block” has been relisted at $2.9 million AUD (≈ $1.9 million USD), $90,000 below its original reserve. The house, owned by Han & Can, was passed in with a $3.1 million AUD vendor bid in...
Mortgage Fraud Vulnerabilities Dip to 43.7% in Q1
The FundingShield Fraud Analytics Report shows mortgage file errors fell to 43.7% in Q1, the lowest rate since Q2 2022. Issues per transaction dropped to an average of 2.2, down from 3.2 in the prior quarter. Closing‑protection letter (CPL) defects remain...
Job Fears Push American Workers to Rethink Homebuying
A Redfin survey of 1,005 U.S. adults found that 36% of workers are postponing or canceling big‑ticket purchases, including homes, because of job‑security concerns, while 31% are accelerating purchases for the same reason. The poll also revealed that 7% missed...
Data Centers Hit the Ballot This Year
A first-of-its-kind ballot measure in Port Washington, Wisconsin, passed with 66% support, requiring voter approval for tax increment financing (TIF) districts exceeding $10 million—a tool often used for data center projects. The initiative, driven by the grassroots group Great Lakes Neighbors...
New York’s Pied-À-Terre Tax Would Be Economic Self-Sabotage
Governor Kathy Hochul proposes a new annual levy on high‑value second homes in New York City, aimed at affluent part‑time residents. The pied‑à‑terre tax would add to existing property, transfer, and sales taxes, targeting owners who use their units intermittently...
Electrical Contractor Raiden Electric Inks 7K-SF Deal at 45 West 45th Street
Raiden Electric, a privately owned union electrical contractor, signed a 10‑year lease for 6,577 square feet on the entire 15th floor of AFIAA’s 45 West 45th Street tower in Midtown. The move relocates the firm from its Financial District address...
Basel III Proposal Could Boost CMBS Demand
The Federal Reserve, FDIC and OCC have re‑proposed Basel III capital rules that lower risk weights for commercial‑mortgage‑backed securities (CMBS). Senior positions will see the minimum risk weight drop from 20% to 15%, while overall CRE risk weights could fall to...
Solve the Electrification Equation (BOMA 2026 Preview)
The 2026 BOMA International Conference & Expo will host a panel on building electrification, moderated by JLL’s Josh Toothman and featuring leaders from MetLife, Leading Edge Consulting, Southern California Edison, and BXP. Panelists will dissect the financial, regulatory, and technical...
Savills Publishes High-Value April Catalogue Featuring 300 Lots
Savills released its April auction catalogue on 16 April 2026, showcasing more than 300 lots across residential and commercial sectors. The catalogue’s headline asset is a free‑hold development in Kingston upon Thames priced at £4.75 million (≈ $6.1 M). Other notable listings include a 312‑acre...
Investment in European Serviced Apartments Hits €1.2bn as Demand Strengthens
Investment in European serviced apartments surged to €1.2 billion (≈$1.3 billion) this year, according to Savills. The sector’s demand growth is now outpacing the broader hotel market across key cities. Investors are attracted by higher yields and longer‑term leases, while developers scramble...
Trump Targets ‘Bureaucrat Tax’ to Build More Homes
A new White House analysis by the Council of Economic Advisers estimates that cutting state and local zoning, building‑code and affordability mandates could add 13.2 million homes, boosting the U.S. housing stock by roughly 9 %. The report says regulatory compliance—dubbed the...
Antler to Take Big Retail Step Forward with Regent St Flagship
Antler opened a flagship store on Regent Street on April 21, covering 2,400 sq ft over two floors. The design‑led space, created with Checkland Kindleysides, features natural materials, a six‑metre layered table, and a floral art installation by Hamish Powell. Lower‑ground areas convert into...
Builder Sentiment Posts Notable Decline on Economic Uncertainty
Builder confidence for new single‑family homes slipped to 34 in April, the lowest reading since September 2025, according to the NAHB/Wells Fargo Housing Market Index. The decline reflects persistent high mortgage rates, rising material costs tied to higher fuel prices, and...
Share of First-Time Buyers Sinks to Record Low
The National Association of Realtors reports that first‑time homebuyers now represent just 21% of recent purchasers, the lowest share on record dating back to 1981. Younger millennials saw the steepest decline, with their first‑time share falling from 71% to 60%...
Mortgage Activity Picks up for First Time in Five Weeks as Rates Fall
Mortgage demand in early April rose 1.8% after five weeks of decline, driven by a modest dip in 30‑year fixed rates to 6.42%. Refinance activity jumped 5% and now accounts for 45.5% of all applications, while purchase applications slipped 1%...
Stone City Capital to Develop 68-Acre Mixed-Use Project in Metro Charleston, South Carolina
Charlotte‑based Stone City Capital announced Seamist Commons, a 68‑acre mixed‑use development in Summerville, South Carolina. The project will combine retail, office, residential units, a 28‑acre forest preserve, and extensive EV‑charging infrastructure. Phase I retail spaces ranging from 1,400 to 11,900 sq ft are...
First Look At New Aldi Format Set To Rollout Across The U.S.
Aldi is piloting a new modular store format in Aventura, Florida, the first U.S. test of a design developed with Australian firm Landini Associates after a 14‑year partnership. The flexible layout can adapt to both suburban supermarkets and compact urban...
Navigating the First Tax Season Under the OBBBA
April 15, 2026 marks the first tax filing season under the One Big Beautiful Bill Act (OBBBA), which made several permanent tax reforms for commercial real estate. The law codifies a 100% bonus depreciation deduction for qualifying assets placed in service after Jan 19 2025, and...
Warehouse Automation Expands Real Estate Value as Adoption Accelerates, Notes Prologis Report
Prologis’ new report links rising warehouse automation to higher demand for well‑located, technology‑enabled logistics real estate. Automation now powers roughly 30% of U.S. warehouses, up from 20‑25% five years ago, and is projected to hit 50% by 2035. The study...
West Hollywood Approves Hotel-Housing Complex at 7811 Santa Monica Blvd.
West Hollywood’s City Council approved the Bond Hotel & Residences, a mixed‑use development at 7811 Santa Monica Boulevard. The project will feature seven‑story towers with 45 hotel rooms, 126 rental apartments and a 4,473‑square‑foot ground‑floor restaurant, plus a two‑level garage...
61 Apartments Pitched for 1344 N. Alta Vista Blvd. In Hollywood
Generation Real Estate Partners has filed a plan to replace two small apartment buildings near Sunset and La Brea in Hollywood with a new five‑story, 60‑unit multifamily complex at 1344 N. Alta Vista Boulevard. The development will include 44 parking...
Mixed-Use Venture with Nearly 1,200 Homes Floated for Sandy Springs
Atlanta‑based Insignia has filed a Development of Regional Impact for its 28‑acre Embassy Row site in Sandy Springs, proposing 1,068 multifamily units, 111 townhomes, a 159,463‑square‑foot office building and 15,300 square feet of retail. The mixed‑use project, slated for completion...
US Mortgage Payments Ease Slightly but Affordability Strain Persists
The average new mortgage payment in the United States slipped 2.4% year‑over‑year to $1,942 in 2025, offering modest relief to borrowers. Yet 24.3% of new homeowners still allocate at least 30% of their income to mortgage costs, a level deemed...
"Let's Just Build the Farm Inside the Container"
Jason Brown pivoted from a stalled container housing project to launch FarmBox Foods in 2017, converting pre‑insulated shipping containers into fully automated vertical farms. By designing custom hydroponic systems and low‑energy electrical layouts, each unit runs on roughly 190 kWh per...
A Billionaire Beach Party: Mark Zuckerberg’s $170 Million Florida Purchase Tops March’s Most Expensive Home Sales
Mark Zuckerberg and Priscilla Chan bought a waterfront estate on Indian Creek Island for $170 million, making it the most expensive U.S. home sale in March and the priciest ever in Miami‑Dade County. The purchase tops a list dominated by coastal...
The Daily Dirt: Escaping the Multiple Dwelling Law
New York’s Multiple Dwelling Law (MDL) forces costly safety upgrades, such as full‑building fire sprinklers, on properties with three or more units. Faced with these expenses, owners are increasingly hiring architects to convert three‑unit buildings into two‑family homes, effectively shrinking...
Allsop Releases 356-Lot Catalogue for April Resi Auction
Allsop released its fourth residential auction catalogue for 2026, featuring 356 lots across the UK, including 15 priced above £1 million. The headline asset is a freehold building of 102 self‑contained flats in Peterborough, guided at more than £7.5 million (about $9.5 million)...