The latest real estate news, market data, and expert insight from RealtyWire.
CMBS distress climbed to 10.91% in July, its highest level of 2026, led by 16.65% distress among office loans, according to CRED iQ, as special servicing transfers outpaced actual delinquencies.
Zions Bancorporation completed its acquisition of Basis Investment Group’s agency lending platform, gaining Fannie Mae DUS and Freddie Mac Optigo multifamily lending licenses and the team behind them.
Easterly Government Properties raised its 2026 core FFO guidance to $3.07-$3.13 per share after posting second-quarter core FFO of $0.78 per share, up from $0.74 a year earlier, on 98% portfolio occupancy.
Spirit Investment Partners and Strategic Value Partners, financed by Oaktree Capital, acquired 895 units across two newly built Houston and Denton, Texas apartment communities from Resia.
Blackstone will pay roughly A$36 billion for HSBC’s Australian home loan book, the largest residential mortgage portfolio transaction on record, as HSBC retreats from Australian retail banking.
71% of Americans oppose data centers in their local area, Gallup finds, as New York enacts a statewide moratorium and county votes diverge from Georgia to Arkansas ahead of key primary elections.
Agree Realty deployed a company-record $502 million into 102 retail net lease properties in the second quarter and raised its full-year AFFO and investment guidance as a result.
Regency Centers lifted its 2026 FFO and same-property NOI guidance after a strong second quarter, with leasing spreads above 10% on renewals across its grocery-anchored shopping center portfolio.
LPT Aperture Holdings, parent of LPT Realty and Aperture Global Real Estate, confidentially filed for an IPO with the SEC, with founder Robert Palmer confirming the move at Inman Connect San Diego.
Piedmont Office Realty Trust raised its 2026 Core FFO and same-store NOI guidance for the second straight quarter, citing strong leasing across its Sunbelt Class A office portfolio.
Compass, Midwest Real Estate Data and Zillow have filed competing post-hearing briefs in the Chicagoland MLS dispute, sharpening the disagreement over private listings, MLS access and whether the challenged rules protect cooperation or suppress competing brokerage models, according to HousingWire. The filings followed arguments over preliminary relief. Zillow alleges an unlawful group boycott; Compass and … Read more
Design trends shift roughly every ten years, so if your kitchen or baths are more than a decade old, buyers will notice β and price their offers accordingly. The good news: you do not need a renovation to close that gap. In my experience preparing hundreds of homes for market, a handful of inexpensive updates … Read more
Extra Space Storage’s second-quarter core FFO rose 4.9% to $2.15 per share as same-store NOI grew 3.5% and the REIT raised full-year guidance, even as self-storage transaction volume stays muted.
CubeSmart’s second-quarter net income rose to $89.6 million even as same-store NOI dipped 0.7%. The self-storage REIT also unveiled a new joint venture with Heitman covering 15 stores valued at $197 million.
Toronto-based Vital Infrastructure Property Trust bought the East New York Health Hub, a 142,249-square-foot medical office building in Brooklyn, for $89.9 million, funded by European asset sale proceeds.
Granite Construction’s second-quarter revenue rose 29% to $1.455 billion and adjusted EBITDA climbed 22%, even as a debt-settlement charge produced a reported net loss. Data-center-related backlog tripled to $223 million.
Permanent loan modifications on Fannie Mae and Freddie Mac loans rose 4.7% in April even as total foreclosure-prevention actions fell 8.7%, FHFA data shows, as the GSEs shift toward shorter forbearance periods.
Seattle’s City Council passed legislation eliminating Hearing Examiner appeals for environmental review of zoning and comprehensive-plan decisions, aiming to remove a process officials say has delayed housing development for years.
Healthpeak Properties bought the Allegro Senior Living community in St. Augustine, Fla., for $54 million, adding to the healthcare REIT’s senior housing portfolio amid strong sector-wide investor demand.
The Fed’s preferred inflation gauge fell 0.1% for the month in June, the first monthly decline in six years, even as annual PCE inflation stayed at 3.7% and the personal saving rate dropped to its lowest since 2022.
The share of home builders reporting increased local M&A activity grew from 14% to 21% over the past year, and those approached about being acquired doubled to 18%, an NAHB survey analysis finds.
Atlanta-based Varcity closed financing on a 239-unit retirement community inside Purdue University’s Discovery Park District, the first of a planned national network of campus-anchored senior housing.
Mayor Brandon Johnson joined developers to break ground on converting a 25-story office tower at 500 N. Michigan Ave. into 320 apartments, including 64 affordable units, in a $162 million project.
A Florida legislative watchdog report found building officials identified 54 condominium buildings as unsafe or uninhabitable in 2024 and 2025 milestone inspections, but confirmed only five were actually vacated, amid significant gaps in statewide reporting.
The Clarksville City Council approved industrial revenue bonds backing Serverfarm’s $6.6 billion data center campus, capping a financing process that drew community pushback over transparency.
Blackstone Mortgage Trust posted an $81.2 million second-quarter net loss as credit reserves tied to a defaulted Chicago office loan offset revenue that beat estimates, while the company redeployed capital toward residential and industrial loans.
A penthouse atop Manhattan’s landmarked Sohmer Piano Building sold for $10.147 million at Sotheby’s New York, headlining a two-day Concierge Auctions sale that drew more than $520 million in aggregate bids across eight properties.
Goldman Sachs’ Urban Investment Group is providing a $116 million construction loan toward a $269 million redevelopment of Parkside Commons, a 393-unit affordable housing complex on Syracuse’s East Side.
KKR reported record fee-related and total operating earnings for the second quarter, with its Real Assets segment — covering real estate, infrastructure and energy — posting 18% AUM growth and the firm’s largest single-segment capital raise.
Amazon now expects to spend about $220 billion on capex in 2026 as AWS backlog hits $496 billion, underscoring how much of the AI boom is landing as physical data center construction in states like Indiana, Louisiana and Oregon.
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