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ABC’s Construction Backlog Indicator fell to 8.8 months in June, down from May but still above last year’s level, as data center work continues to outpace the rest of the commercial construction market.
New RGB income data show stabilized tenants earn far less than market-rate renters on average, but board member Arpit Gupta says a meaningful share earn six figures, reviving a debate over how well the program targets lower-income households.
Phoenix office vacancy fell to 23.4% in the second quarter, a third straight quarterly decline, but Newmark’s research says the improvement is driven mostly by shrinking inventory, not a leasing rebound.
San Francisco’s apartment vacancy rate has dropped to roughly 2.9%, its lowest level in about 25 years, according to CBRE data, as AI-driven tech hiring collides with one of the tightest new-construction pipelines in the country.
Bayview Asset Management and Springmont Capital, the Morgan family’s investment office, are acquiring a majority stake in commercial mortgage bank BWE, with CEO DJ Effler staying on and the deal expected to close this fall.
The NNSA has selected Amentum and DC BLOX to negotiate a phased lease for a 1-gigawatt AI data center backed by 2 gigawatts of on-site power at the Savannah River Site in Aiken County, South Carolina. No lease is final and construction has not started.
Nvidia and South Korea’s SK Group signed letters of intent for a partnership worth more than $500 billion, including a 2-gigawatt AI data center SK Telecom will build using Nvidia’s Vera Rubin platform.
The Beverly Hills estate built on the site of the 1969 Manson Family murders is back on the market at $44.99 million, the latest turn in owner Jeff Franklin’s four-year attempt to sell the 21,000-square-foot property.
The 30-year mortgage rate hit its highest level since August 2025 this week, just as the Fed meets under Chair Kevin Warsh. Here’s what’s verified, and what’s still just a theory about rates going up now and down later.
Public filings and a rejected regulator request show Meta holds only a 20% stake in its own Louisiana data center campus, alongside a multibillion-dollar incentive package and unresolved questions about ratepayer risk.
A new federal law, the 21st Century ROAD to Housing Act, links Community Development Block Grant funding to how fast cities build housing and creates a $200 million annual grant fund for zoning reform, but implementation faces a leaner HUD.
Stillwater Development LLC has filed rezoning and state regional-impact requests for a data center campus of up to 1.25 gigawatts in Lovejoy, Clayton County, Georgia, about 25 miles south of Atlanta.
Universal Insurance Holdings posted a 68.7% jump in Q2 net income, crediting Florida’s litigation reforms. State regulators point to falling lawsuits and rate cuts as evidence the reforms are working.
A Development of Regional Impact filing for a data center project surfaced this week in Troup County, Georgia, home to Google’s $8 billion Project Pegasus campus in LaGrange, though the applicant has not been publicly named.
Prologis has offered roughly £14 billion ($18.7 billion) in stock and cash for UK industrial REIT Segro, and Segro’s board says it is minded to recommend the terms. A binding deal is not yet signed; Prologis has until August 12 to make a firm offer.
Rocket has sued United Wholesale Mortgage for at least $100 million, alleging UWM violated a non-solicitation agreement tied to mortgage-servicing rights on loans Mr. Cooper bought from UWM in 2024. UWM calls the suit baseless.
National home prices rose 0.9 percent year over year in June 2026, the fastest annual pace since August 2025, according to First American Data & Analytics’ latest Home Price Index report.
Yes, home staging works — and the gap between staged and unstaged homes is bigger than most sellers realize. A 2021 National Association of REALTORS study found that well-staged homes typically sold within 23 days, compared to 184 days for non-staged homes. In 30-plus years of selling real estate and hundreds of staging consultations, I … Read more
The Williams Companies purchased Williams Tower, the 64-story Houston office tower bearing its name, for $300 million, a deal that leaves seller Invesco Real Estate with a loss of more than $100 million on its 2013 purchase.
Saronic Technologies will build a $3 billion-plus autonomous vessel shipyard at the Port of Brownsville, Texas, with the company projecting up to 10,000 jobs over the next decade.
Seniors housing and care M&A activity totaled nearly $3.9 billion in the second quarter of 2026, with assisted living properties accounting for the largest share of deals, according to LevinPro LTC data.
Public Storage has closed its all-stock acquisition of National Storage Affiliates, a deal valued at roughly $10.5 billion when announced in March, creating a combined company of more than 4,500 self-storage properties.
A historic 1936 mansion in Glencoe, Ill., built for a Pabst Brewing executive, sold for $17.5 million, the highest price paid for a Chicago-area home so far in 2026.
Florida recorded the nation’s highest foreclosure rate in the first half of 2026, with one in every 373 homes filed on, as U.S. foreclosure activity climbed 21% year over year, ATTOM reported.
Gov. Gavin Newsom announced $109.6 million in Proposition 1 funding for 278 permanent supportive homes statewide, including 103 units reserved for veterans, through California’s Homekey+ program.
Bridge Logistics Properties acquired a 782,775-square-foot Class A distribution facility in Frederickson, Wash., fully leased to Harbor Freight Tools, marking its largest Seattle-Tacoma area purchase to date.
Hut 8 Corp. says it has fully leased its 1-gigawatt Beacon Point campus in Nueces County, Texas, after a second $9.8 billion lease brought total contracted value to $19.6 billion.
Colliers’ Q2 2026 Phoenix industrial market report shows vacancy falling to 8.7% as net absorption outpaces new supply, though the Southeast Valley submarket remains the metro’s weak spot.
Voice cloning lets fraudsters confirm fake wire instructions in your agent’s exact voice. Why callbacks no longer protect closings — and what does.
Google has recommitted to roughly 2.1 million square feet of office space in Sunnyvale, renewing leases at Moffett Place and Moffett Gateway in a reversal of its recent space-cutting strategy.
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