Alex Douglas is a business and real estate writer based in suburban Chicago, bringing together professional newsroom experience, firsthand brokerage knowledge, and a practical interest in property investing. He earned a BS from Arizona State University and went on to report for multiple newspapers, including the Chicago Tribune, where he covered business and real estate.
Before focusing on real estate journalism, Alex spent five years as a Realtor in Phoenix, giving him direct insight into buyers, sellers, agents, negotiations, and the day-to-day realities of local housing markets. Today, his reporting draws on both his journalism background and his real estate experience to explain market trends, housing developments, and industry changes with clarity and authority. As a novice multifamily real estate investor, Alex also brings a hands-on perspective to coverage of property ownership, investment strategy, and long-term market opportunities.
Alex Douglas 
The commercial mortgage trade association has hired BMO Capital Markets’ head of CMBS to lead it from Sept. 30, ending an interim stretch after Lisa Pendergast’s decade in the job.
The Nasdaq-listed REIT sold 30 outpatient medical buildings for about $198 million, repaid $119 million of secured term loans and moved a step closer to a senior housing portfolio.
A Warren house taken down to the studs and expanded again this year sold for $570,000, the highest of five home sales reported in the Youngstown metro area for the week ending September 6, 2026.
A Madison Center house with a heated saltwater pool and pool house sold for $2.70 million, the highest of five reported home sales in the New Haven metro area for the week ending September 6.
A 24-story Downtown Brooklyn tower finished in 2023 and never leased will become 239 rental apartments, financed by a $208 million first mortgage construction loan from Northwind Group.
A newly completed contemporary home in the Loyola area of Los Altos sold for $7.78 million, the highest-priced home sale reported in the San Jose, California metro area for the week ending September 6, 2026.
Redfin counted 1.53 million sellers against 972,300 buyers in August, a 57.9% gap and the largest in records back to 2013. All ten most buyer-friendly metros are in the Sun Belt.
A three-bedroom residence at Victoria Place in Kakaako sold for $4.70 million, the highest-priced home sale reported in the Urban Honolulu metro area for the week ending September 6, 2026.
A bayfront home in the Casablanca neighborhood of Gulf Breeze sold for $2.12 million, the highest reported sale in the Pensacola metro area for the week ending September 6, 2026.
A McMeekin estate backing to the University of Kentucky Arboretum sold for $1.40 million, the highest reported home sale in the Lexington metro area for the week ending September 6, 2026.
A Channel Islands waterfront home with two boat easements sold for $4.80 million, the highest reported sale in the Oxnard metro area for the week ending September 6.
A five-bedroom house on Champagne Road in Incline Village sold for $11 million, the highest reported home sale in the Reno metro area for the week ending September 6, 2026.
A renovated Deer Creek residence at The Landings on Skidaway Island sold for $2.30 million, the highest reported home sale in the Savannah, Georgia metro area for the week ending September 6, 2026.
A five-bedroom custom home with a pool and horse facilities sold for $1.70 million, the highest-priced home sale reported in the Bakersfield, California metro area for the week ending September 6, 2026.
A gated house in the Flying Horse golf community sold for $2,250,000, the highest reported home sale in the Colorado Springs metro area for the week ending September 6, 2026.
A newly built waterfront home in Placida’s Coral Creek Anglers Club sold for $2 million, the highest reported sale in the Punta Gorda metro area for the week ending September 6, 2026.
Existing-home sales fell 2.0% in August to a 3.98 million annual rate while inventory topped 1.6 million units for the first time since November 2019, the National Association of Realtors said Sept. 10.
A 1900 Tudor cottage in Tuxedo Park sold for $1.25 million, the highest of five reported home sales in the Poughkeepsie metro area for the week ending September 6, 2026.
KB Home opened the first phase of Sandstone, a nearly 300-acre master plan in North Las Vegas, Nev., that will hold more than 1,500 homes priced from the $300,000s — the builder’s largest new-home community in 10 years.
Cushman & Wakefield’s 2026 Data Center Development Cost Guide puts all-in greenfield cost at $17.6 million per megawatt in the U.S. and Canada, up 21% since late 2024, with power infrastructure the largest single line item and powered land up 51% year over year.
A holiday-shortened week with one release that matters: August CPI lands Friday morning, the last major inflation reading before the Fed meets Sept. 15-16. Fed officials are in blackout all week, so the data will have to speak for itself.
At $3.35 million, a 1900 farmhouse compound in Tivoli led the Poughkeepsie metro area’s five highest reported home sales for the week ending August 30, 2026.
New listings climbed 8% year over year to the most since August 2022, but demand stayed flat as mortgage rates crept back toward 7%, according to Redfin data for the four weeks ending Aug. 30.
The Scion Group and funds managed by Ares Real Estate acquired four off-campus communities serving Texas State, Georgia and Tennessee from SCHENK+ affiliates, the pair’s second student housing portfolio together this year.
MBA’s survey for the week ending Aug. 28 showed applications up 0.8% as the 30-year conforming rate hit a four-week high of 6.79%, refinancing fell and the ARM share rose to 8%.
Gail Liniger, who co-founded RE/MAX in Denver in 1973 and served as its chief executive from 1991, has died at 81 — three days after the franchisor became a subsidiary of Real REMAX Group.
NIC MAP’s updated Senior Housing Market Outlook says the industry needs more than $1 trillion in cumulative investment through 2050, with construction starts down about 67% since 2021 as the 80-plus population enters its steepest growth in U.S. history.
EQT Real Estate’s Industrial Value Fund V sold a 46-building warehouse portfolio across 10 Southeast markets to an LBA Realty affiliate, days after national industrial vacancy fell for the first time since 2022.
The FDIC, NCUA, OCC, CFPB, HUD, DOJ and FHFA jointly withdrew the 2022 interagency statement that encouraged lenders to offer special purpose credit programs, effective immediately upon Federal Register publication Tuesday.
Two years after the May 2024 derecho and Hurricane Beryl, the city began taking applications Monday for repair grants of up to $100,000 and full reconstruction of up to $300,000.
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