Prologis Signs Definitive $18.8 Billion Deal to Acquire SEGRO
Prologis converted its July “best and final” offer into a signed agreement to acquire U.K. industrial landlord SEGRO plc, creating the world’s largest publicly traded industrial REIT.
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Prologis converted its July “best and final” offer into a signed agreement to acquire U.K. industrial landlord SEGRO plc, creating the world’s largest publicly traded industrial REIT.
Vornado Realty Trust’s Q2 2026 earnings show rising Manhattan office rents and occupancy, plus a new $1.1 billion stake in Park Avenue Plaza alongside Fisher Brothers.
Savills Plc has closed its $1,112.5 million purchase of Eastdil Secured LLC, rebranding it Eastdil Secured Savills and creating what the firms call the world’s number two advisor on prime commercial real estate deals above $100 million.
Fannie Mae and Freddie Mac are retiring the streamlined condo loan-review option for applications dated Aug. 3, 2026, and later, pushing more condo buildings into full financial and structural reviews as reserve requirements rise in 2027.
Harbert Management Corporation closed three transactions totaling $455 million for five senior housing communities in New Mexico, Colorado, Florida and Texas, extending a wave of institutional investment in seniors housing.
Macerich posted a company-record $919 in trailing 12-month sales per square foot and a narrower net loss in Q2 2026, as the mall REIT pointed to its Path Forward turnaround plan and rising occupancy.
LGI Homes posted second-quarter 2026 revenue of $516.0 million and 1,440 home closings, and raised its full-year guidance on average sales price and gross margin for the second straight quarter.
Cushman & Wakefield posted record second-quarter leasing and services revenue, with adjusted EBITDA up 14% and full-year guidance raised, even as capital markets revenue dipped and GAAP net income fell.
Compass posted record second-quarter adjusted EBITDA of $363 million and swung to a $92 million profit, with revenue up 14% year-over-year on a pro forma basis as its Anywhere Real Estate acquisition fully integrated.
Catalyst Healthcare Real Estate and Nuveen Real Estate announced a $400 million equity joint venture to fund roughly $1.3 billion in medical office and specialty healthcare developments from 2026 to 2028.
Alexandria Real Estate Equities reported a Q2 2026 net loss of $0.43 per share and $222.5 million in impairment charges, but leasing volume rose 60% sequentially and the life-science REIT held its full-year FFO guidance steady.
Real house-buying power improved approximately 7% year over year in April as the market moved toward balance, according to First American. Months of supply rose from about 3.5 in April 2024 to 4.4 in April 2026, while nominal price growth slowed sharply. Affordability is improving — but not through the channel most buyers are waiting … Read more
Data center construction starts reached $58.1 billion year to date through May across 91 projects — more than four times the prior-year record pace — according to ConstructConnect. May starts alone totaled $7.9 billion. These are tracked construction starts using ConstructConnect’s proprietary methodology, not a measure of total industry spending. Key facts The average project … Read more
Millrose Properties, the land-banking company spun off from Lennar, reported $9.7 billion in homesites under option and disclosed a role financing Dream Finders’ hostile pursuit of Beazer Homes.
BLS JOLTS data show construction job openings rose to 305,000 in June, up 36% from a year ago, as nonresidential and data center projects compete harder for skilled labor than a slowing housing sector.
A new NAR report finds 6.9 million U.S. homes are now valued at $1 million or more, up from 2% two decades ago, as sellers increasingly price listings at $999,999 to dodge mansion taxes.
Tishman Speyer acquired the 296-unit Berkshire Dilworth apartment community from Berkshire Residential, its first purchase in Charlotte, N.C., through its TS Plus core-plus fund.
Ares Commercial Real Estate reported $4.4 million in Q2 net income and $130 million in new loan commitments, while its credit-loss reserve and secured borrowings both grew during the quarter.
Gov. Greg Abbott proposed withholding sales tax revenue from Texas cities that impose costly add-on requirements, like oversized pools or extra height limits, to stall housing development.
Home prices rose year-over-year in 80% of U.S. metros this spring, up from 71% in Q1, as the national median price climbed to $434,900, NAR’s latest quarterly report finds.
Dream Finders Homes named former Lennar co-CEO Rick Beckwitt co-chairman of its board and banking veteran Steve Fischer an independent director, as its $32-per-share hostile bid for Beazer Homes continues.
Henderson Park and Lowe bought the 1 million-square-foot mall from Unibail-Rodamco-Westfield and the Canada Pension Plan Investment Board, ending Westfield’s decades-long ownership of the South Bay property.
Park Slope, Brooklyn leads Redfin’s 2026 ranking of the hottest U.S. luxury neighborhoods, while AI-industry wealth helped push San Francisco’s Noe Valley into the No. 7 spot.
New construction is giving homebuyers more negotiating leverage across the South, including Florida, even as many sellers hold out for full asking price, a HomeServices of America report finds.
NAHB says AI data center developers are paying 30 to 50 times what homebuilders can afford for land in Northern Virginia and beyond, removing housing sites from the pipeline entirely.
Better Home & Finance Holding Company named board member Daniel Lewis interim CEO, succeeding founder Vishal Garg, as the online mortgage lender reports preliminary Q2 results and accelerates cost cuts.
The highest-return work you can do before listing your home costs nothing but effort: removing things. Research suggests up to 90% of buyers struggle to see past a seller’s belongings and imagine their own life in the space. Every family photo, bold color, and crowded shelf is a small obstacle between your buyer and an … Read more
HOA-related foreclosures climbed to 6,376 properties in the first quarter, up nearly 40% in two years, as insurance costs and depleted reserves push cash-strapped associations to crack down on delinquent owners.
Gov. Greg Abbott directed the PUCT and ERCOT to audit every data center in Texas’s 474-gigawatt interconnection queue before granting grid connections, pausing the state’s Batch Zero review process.
Two Florida homebuyers filed a class action July 29 accusing LGI Homes, loanDepot and their mortgage joint venture of hiding true home costs and steering renters into loans they could not afford.
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