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Equinix posted 16% revenue growth and record interconnection additions in the second quarter, prompting the data center giant to raise both its full-year 2026 guidance and its long-term outlook through 2029.
Newmark Group posted record second-quarter revenue of $888.4 million, with double-digit growth across leasing, capital markets and servicing, and investment sales up more than 54% year over year.
CBRE’s second-quarter revenue climbed 16% to $11.2 billion as leasing activity and data center-related infrastructure work drove growth, prompting the world’s largest commercial real estate services firm to raise its full-year earnings outlook.
Data center operator CyrusOne has named John Hatem, a nearly 15-year company veteran, as its new chief executive, succeeding Eric Schwartz as the company positions itself for continued AI-driven infrastructure growth.
Apartment REIT UDR raised its full-year 2026 guidance after second-quarter leasing strength, occupancy and resident retention all outpaced the company’s prior expectations.
A West Philadelphia renter’s class-action lawsuit against property manager Willow Bridge and software firm RealPage is reportedly the first case testing Philadelphia’s year-old ban on algorithmic rent-price coordination.
PennyMac Financial Services posted an 84% year-over-year drop in second-quarter net income as elevated mortgage rates weighed on loan production, even as the company’s servicing portfolio and total revenue both grew.
Turner Construction’s benchmark building cost index climbed 5.15% year over year in the second quarter, as data center, semiconductor and advanced manufacturing projects continue to drive nationwide construction demand.
Essex Property Trust raised its full-year guidance after second-quarter results showed San Francisco-area rents climbing 7%, far outpacing the West Coast apartment REIT’s more moderate Southern California markets.
The Energy Department named Utah, Oklahoma, Tennessee, Idaho and Louisiana as finalists to host nuclear ‘innovation campuses’ that could draw $50 billion in investment and, potentially, adjacent data center development.
Denver-based Speed Bay Warehouse Solutions paid more than $84 million for an eight-building, 488,936-square-foot light industrial portfolio spanning suburban Philadelphia and southern New Jersey, marking its entry into the Northeast.
Supreme Court Chief Justice John Roberts and his wife sold their longtime Chevy Chase, Md., home for $3.44 million — more than $200,000 over asking — just weeks after quietly listing it.
Invitation Homes raised its full-year guidance after second-quarter results showed new-lease rent growth accelerating each month through June, even as the single-family rental giant continued trimming its portfolio through targeted home sales.
Virginia has enacted a temporary tax on electricity consumption of $0.011 per kilowatt-hour, under budget language that takes effect July 1, 2026 and runs until before July 1, 2028. The provision includes refunds if annual collections exceed $600 million. For the largest data center market in the world, this converts a policy debate into a … Read more
International buyers spent $45.3 billion on U.S. homes in the year through March 2026, down 19% as transactions fell to their second-lowest level since 2009, NAR’s annual report finds.
Canada-based users searching for U.S. homes on Redfin fell 15.3% year over year in June, extending a two-year decline of roughly 37%, with San Antonio and Austin posting the steepest metro-level drops.
Meta and BlackRock announced a joint venture to develop and operate a roughly $14 billion, 1-gigawatt AI data center campus in El Paso, Texas, with BlackRock-managed funds taking an 80% ownership stake and Meta as sole tenant.
Brookfield and NextEra Energy will develop a $100 billion AI data center campus with 4.6 gigawatts of dedicated power at DOE’s former Paducah, Ky., uranium enrichment site.
U.S. mortgage applications dropped 6.4% for the week ending July 24 as the 30-year fixed rate climbed to 6.76%, its highest level since August 2025, MBA data show.
Lone Wolf Technologies launched Talent, an AI-powered addition to its BrokerMetrics platform that flags agents at risk of leaving a brokerage and helps build the case to recruit new ones, built around an AI teammate the company calls Aspen.
Fannie Mae reported Q2 2026 net income of $4.0 billion, up 20% year over year, as single-family purchase acquisitions rose $17.9 billion and multifamily delinquencies improved.
PulteGroup CEO Ryan Marshall called the housing market ‘pretty good’ on CNBC, even as the homebuilder’s Q2 revenue fell 11% and closings dropped 8%, offset by a 6% rise in new orders.
Woodfield Development has opened Tides at Palm Bay, a $100 million, 318-unit mixed-use apartment and retail project on Florida’s Space Coast.
The median single-family lot value fell to $59,000 in 2025 from $60,000 in 2024, NAHB’s analysis of Census data shows, ending six straight years of record highs even as some regions kept climbing.
The Census Bureau’s Q2 2026 Housing Vacancy Survey shows the national homeownership rate flat at 65.0%, while homeownership among adults under 35 fell to 35.2%.
Sun Communities reported second-quarter Core FFO of $1.84 per share, up 4.5% year over year, and agreed to sell its UK Park Holidays operations for roughly $1.04 billion as the manufactured-housing and RV community REIT narrows its focus to North America.
Welltower reported normalized FFO per share of $1.60, up 25% year over year, as its senior housing operating portfolio posted a 15th consecutive quarter of 20%-plus same-store NOI growth, prompting a 15% dividend increase and higher full-year guidance.
The National Fair Housing Alliance and Massachusetts Fair Housing Center sued HUD and Secretary Scott Turner in federal court, alleging a restructured funding program would cut off enforcement grants to more than 100 nonprofit fair housing organizations nationwide.
Buyers of newly built homes spend about $8,750 more than non-moving households in their first year of ownership, while existing-home buyers spend roughly $8,674 more, according to a National Association of Home Builders analysis — but the two groups spend that money very differently.
Buildings with 50 or more units accounted for 57% of the 484,000 multifamily units completed nationally in 2025, according to a National Association of Home Builders analysis of Census Bureau construction data, extending a shift toward high-density development that began in 2017.
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