News - RealtyWire

TPG AG Real Estate, Redfearn Capital Buy $628 Million Southeast Industrial Portfolio

August 7, 2026

A large industrial warehouse distribution facility with loading docks.

TPG AG U.S. Real Estate and Redfearn Capital have acquired a 53-building industrial portfolio for $628 million, the companies announced, adding 5.4 million square feet of shallow-bay logistics and manufacturing space concentrated in fast-growing Southeast markets. The portfolio, purchased from seller DRA Advisors, is roughly 87% occupied and spans seven states: Florida, Georgia, North Carolina, … Read more

Starwood Property Trust’s Net Income Falls 95% as Corporate Segment Posts $176 Million Loss

August 7, 2026

A modern commercial office building with a reflective glass facade.

Starwood Property Trust’s GAAP net income fell 95% in the second quarter, dropping to $6.6 million from $129.8 million a year earlier, even as the commercial mortgage REIT’s preferred profitability measure held essentially flat, the company reported for the quarter ended June 30. GAAP earnings per diluted share came in at 1 cent, down from … Read more

RE/MAX Posts $4.3 Million Q2 Loss as U.S. Agent Count Falls Ahead of Real Merger

August 7, 2026

A suburban real estate brokerage office storefront.

RE/MAX Holdings swung to a $4.3 million net loss in the second quarter as U.S. agent count kept shrinking, the franchisor reported Aug. 6, just over a week before shareholders vote on the company’s pending merger with The Real Brokerage. The loss compares with net income of $4.7 million in the same quarter last year, … Read more

American Healthcare REIT Raises Guidance on Tenth Straight Quarter of Double-Digit NOI Growth

August 7, 2026

The exterior of a modern senior living and healthcare campus with a landscaped courtyard.

American Healthcare REIT raised its full-year guidance after posting its tenth consecutive quarter of double-digit same-store net operating income growth, the healthcare and senior housing REIT disclosed Aug. 6 in a filing with the Securities and Exchange Commission. Total portfolio same-store NOI grew 13.2% in the second quarter compared with a year earlier, extending a … Read more

Proptech Startups Raise $650.4 Million Across 30 June Financings

August 7, 2026

Proptech startups raised a reported $650.4 million across 30 financing events in June, according to CRETI. The analysis emphasizes investor preference for specialized software and operational use cases over broad, all-purpose platforms. Funding totals depend on CRETI’s inclusion criteria and disclosed deal values; large individual rounds should be verified against company or investor announcements. Key … Read more

Typical Realtor Now Has 13 Years of Experience as Newcomers Thin Out

August 6, 2026

The typical Realtor now has 13 years of experience, and only 11% of members have one year or less in the business, according to NAR’s latest member profile. Median 2025 transaction sides were nine, and median gross income was $59,200. Affordability was the leading client obstacle, cited by 27% of respondents. Key facts Nine sides … Read more

Realtor.com Revenue Grows 13% as Unique Visitors Shrink 6%, News Corp Reports

August 6, 2026

A person browses real estate listings online, illustrating the shift toward higher-value digital leads in the real estate portal business.

Move Inc.’s Realtor.com posted its seventh straight quarter of revenue growth even as unique visitors fell, a strategy that puts it in sharp contrast with Zillow’s traffic-first super-app approach.

Rep. Khanna Introduces ‘Data Center Bill of Rights’ to Let Communities Block AI Facilities

August 6, 2026

A large data center facility sits adjacent to a residential neighborhood, illustrating the land-use tension driving proposed community protections.

Rep. Ro Khanna plans to introduce a resolution letting local communities reject data center construction, part of a growing national backlash over AI infrastructure’s toll on electricity bills and water supplies.

Update: Florida Judge Orders Rewrite of Property Tax Ballot Amendment Language

August 6, 2026

A Florida courthouse exterior, representing the legal ruling over the state's property tax ballot amendment.

A Leon County judge ruled Florida’s property tax amendment ballot language was biased, ordering a rewrite of phrases like the ‘Save Our Homes’ title before the measure appears on the November ballot.

UWM Secures $2.05 Billion Capital Partnership With Ishbia Family, Oaktree After Q2 Loss

August 6, 2026

Exterior of a modern corporate office building representing the mortgage lending industry.

UWM Holdings raised $2.05 billion from Oaktree Capital and the Ishbia family after a $451.9 million second-quarter loss tied to its failed Two Harbors bid, and suspended its dividend to prioritize debt reduction.

Realty Income Raises Guidance, Unveils $6 Billion Data Center Venture in Q2

August 6, 2026

A retail net-lease property in the foreground with a data center facility visible in the distance, reflecting Realty Income's expansion into new property types.

Realty Income posted 3.8% AFFO growth and raised its 2026 outlook while disclosing a $6 billion hyperscale data center joint venture and a new institutional private-capital fund.

Multifamily Developer Confidence Weakens in Second Quarter, NAHB Finds

August 6, 2026

A mid-rise apartment building under construction, reflecting softening multifamily developer sentiment.

NAHB’s Multifamily Production and Occupancy Indexes both declined in Q2 2026, with mid- and high-rise sentiment falling the most amid financing costs, permitting delays and labor shortages.

Brookdale Senior Living to Acquire 17 Communities for $157 Million, Refinances Debt

August 6, 2026

Exterior of an assisted living senior housing community building.

Brookdale agreed to buy the real estate of 17 leased senior living communities for about $157 million and refinanced $244 million in mortgage debt, clearing all maturities until 2028.

LTC Properties Completes $95 Million Acquisition of Two Minnesota Senior Communities

August 6, 2026

Exterior of a modern senior living residence building.

LTC Properties expanded its partnership with operator Lifespark, buying two Minnesota senior living communities for $95 million at a 7.4% cap rate as its SHOP portfolio grows to 39 properties.

Newmark Acquires German Valuation Firm L+P in Fourth 2026 European Deal

August 6, 2026

A modern European office building exterior, representing Newmark's expanding valuation and advisory business in Germany.

Newmark Group acquired German real estate valuation firm L+P Immobilienbewertung, its fourth Valuation & Advisory acquisition in Europe this year following deals in France, Canada and Germany.

Data Center Vacancy Hits Record Lows as Power Constraints Cap Construction, CBRE Finds

August 6, 2026

Industrial data center buildings with power infrastructure, illustrating tight vacancy and constrained construction in the sector.

CBRE research shows data center vacancy at record lows in Northern Virginia, Atlanta and Dallas-Fort Worth, with power delivery and permitting delays now the binding constraint on new supply.

NYC Building Safety Sweep Finds 65 Violations Near Pfizer Building Collapse Site

August 6, 2026

A Midtown Manhattan office tower under construction with scaffolding, representing the office-to-residential conversion sector under new safety scrutiny.

NYC’s Department of Buildings inspected 180 sites tied to the July Pfizer building near-collapse, finding 65 violations and issuing 19 stop-work orders, but no evidence conversions are inherently unsafe.

Deep Cleaning to Sell: What Buyers Notice First

August 6, 2026

Buyers cannot inspect your roof or your wiring during a showing, so they judge what they can see: cleanliness. A spotless home reads as a well-maintained home, and buyers extend that impression to everything they cannot see. A dirty light switch plants the opposite thought. Of all the preparation work I recommend, deep cleaning has … Read more

Florida Accounts for Five of May’s Ten Most Expensive Home Sales

August 6, 2026

Florida accounted for five of the ten highest-priced U.S. home sales in May, according to Redfin. The month’s top transaction was a $75 million Boca Raton property, followed by a $62.5 million sale in Manalapan. Half of the nation’s largest residential transactions closing in a single state is a concentration worth examining — particularly because … Read more

Real Estate Investor Sentiment Hits Record Low, RCN Capital Survey Finds

August 5, 2026

A row of single-family rental homes on a residential street under overcast skies.

Real estate investor confidence fell to its lowest level on record this summer, according to the Summer 2026 RCN Capital/CJ Patrick Company Investor Sentiment Index, published Aug. 5. The index dropped to 84, the lowest score in the survey’s 12-quarter history and the second consecutive quarter below 90. The reading is down three points from … Read more

eXp Parent AGNT Posts Record $1.4 Billion Q2 Revenue on Agent Productivity, AI Tools

August 5, 2026

A real estate agent's workspace with a laptop and tablet, a residential neighborhood visible through the window.

AGNT, Inc., the Bellingham, Wash.-based holding company that owns eXp Realty and was known as eXp World Holdings until rebranding earlier this year, reported record second-quarter 2026 revenue of $1.4 billion, up 11% from a year ago, according to an Aug. 4 earnings release. Executives credited rising agent productivity and new AI tools for the … Read more

Brookfield Asset Management Raises Record $77 Billion in Second Quarter

August 5, 2026

A modern glass office tower in a financial district skyline at dusk.

Brookfield Asset Management Ltd. raised a record $77 billion in new capital during the second quarter of 2026, the company announced Aug. 5, as institutional investors poured money into its credit, infrastructure and private equity strategies. The haul pushed year-to-date fundraising to $98 billion and set up what CEO Connor Teskey called the firm’s “best … Read more

Florida’s Share of U.S. Property Insurance Lawsuits Nearly Halves After Reforms

August 5, 2026

Single-family homes with tile roofs in a Florida suburban neighborhood lined with palm trees.

Florida’s share of the nation’s homeowners insurance lawsuits has nearly been cut in half since the state overhauled its property insurance laws, according to state regulatory data reported by Florida Realtors on Aug. 5. Florida’s portion of national homeowners insurance litigation fell from roughly 79% in 2020 to about 41% in 2025, even though the … Read more

Realtracs, Zillow Sign New MLS Data License With AI Use Guardrails

August 5, 2026

A laptop showing a real estate listings map interface on an office desk.

Realtracs, the multiple listing service covering Nashville and markets across Tennessee, Kentucky, Alabama, Georgia, North Carolina and South Carolina, has signed a new data licensing agreement with Zillow that sets explicit rules for how the portal can use broker-created listing data in artificial intelligence products, according to an announcement posted to Realtracs’ own site on … Read more

Reston, Va., Penthouse Sells for $10.9 Million, Breaking State Condo Record Again

August 5, 2026

A luxury penthouse living room with floor-to-ceiling windows overlooking a suburban skyline at golden hour.

A full-floor penthouse atop the JW Marriott Residences Reston Station in Reston, Va., has sold for $10.9 million, setting a new record for the most expensive condominium sale in Virginia history, Comstock Holding Companies and McWilliams|Ballard announced Aug. 5. The sale breaks the same building’s own record of $10.25 million, set earlier in 2026 — … Read more

Innovative Industrial Properties Beats on Profit as Cannabis Tenant Defaults Weigh on Revenue

August 5, 2026

A large single-story industrial warehouse building with loading docks under a clear sky.

Innovative Industrial Properties Inc., the real estate investment trust that owns cannabis cultivation and processing facilities, posted second-quarter 2026 profit that topped Wall Street estimates even as tenant defaults kept a lid on revenue growth, according to an Aug. 3 SEC filing. Total revenue was $63.3 million, roughly flat with $62.9 million a year earlier … Read more

Income Needed to Afford a Typical U.S. Home Holds Near Record $110,000, Redfin Finds

August 5, 2026

A suburban street of single-family homes with a for-sale sign in a front yard on a sunny day.

Buyers need to earn $109,796 to afford the typical U.S. home, Redfin reports, down just 0.5% from a year-ago record as mortgage rates and prices stabilize.

Morgan Stanley-Led Banks Line Up $15B for Anthropic’s Texas Data Center — Then Move to Sell It Off

August 5, 2026

Large data center under construction on a rural Texas site with cooling and power infrastructure visible under daylight.

Banks led by Morgan Stanley have assembled roughly $15 billion in debt for a 2,000-acre Anthropic-leased data center campus in Hubbard, Texas, backstopped by Google — and are already moving to offload the exposure via bond sales, according to CNBC, Bloomberg and the Financial Times.

Mortgage Rates Hit 6.81%, Highest Level in a Year, as Applications Fall 2.9%

August 5, 2026

Suburban street of houses under morning light, evoking the home-buying market as mortgage rates rise.

The MBA’s weekly survey shows the 30-year fixed rate climbed to 6.81%, its highest level in over a year, as overall mortgage application volume fell 2.9% in the week following the Fed’s July policy meeting.

Zillow Cuts More Than 500 Jobs in Second, Largest Restructuring of 2026

August 5, 2026

Exterior of a modern glass-facade corporate office building under daylight, representing a tech company restructuring.

Zillow is eliminating over 500 roles, about 7% of its workforce, in a restructuring CEO Jeremy Wacksman says is about cost discipline — its second and largest round of cuts this year, coming a day before Q2 earnings.

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