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HouseCanary and several affiliates filed for Chapter 11 protection in New Jersey on Sept. 22, the day secured creditor Ocean II PLO LLC had scheduled a California foreclosure sale covering substantially all of the company’s assets. Its $175 million Texas trade-secrets judgment was carved out of the collateral.
Deloitte’s survey of 950 commercial real estate executives puts business sentiment at 57.8 out of 100, a second straight annual decline, even as revenue expectations sit just below their 2025 record. Cost of capital ranked as the top concern.
Charles Carrier, 67, president of a Dallas, Texas, real estate investment firm, was sentenced to 188 months in federal prison and ordered to pay $24.4 million in restitution after prosecutors said he took money from more than 80 investors on liens he never recorded.
Oracle told the developer of its 2.45-gigawatt Project Jupiter campus in DoΓ±a Ana County, N.M., that force majeure applies, a step that could delay rent by three years if the site misses its 2028 opening. Oracle shares fell 4.4%.
The AIA/Deltek Architecture Billings Index came in at 47.2 for August, and the share of firm leaders expecting billings to grow in the fourth quarter fell to 25% from 31% two quarters ago. The same survey found 48% of firms engaging with AI and 7% running a formal training program.
The Indianapolis developer is asking accredited investors for as much as $230 million to build Class A apartments at six sites in Colorado, Kentucky, Montana, Arizona and Nevada, on the argument that four years of correction in the multifamily market have run their course.
PLACE has closed its acquisition of Maxwell, whose point-of-sale software and outsourced fulfillment services help facilitate more than $130 billion in mortgage transactions a year, moving the real estate platform onto the financing side of the deals its agents already work.
New single-family home sales ran at a seasonally adjusted annual rate of 684,000 in August, the fastest pace of 2026, while the average sale price fell 8.8% from a year earlier and builders trimmed their stock of finished, unsold houses.
NAHB’s new Remodeling Input Price Index shows nonlabor costs accelerating from 3.9% to 6.6% year over year, while remodeler employment fell 1% and real wages kept declining.
Newmark arranged the GoldenTree Asset Management loan for a 95-residence, 59-key Auberge Resorts Collection project at the base of Steamboat Resort, after more than a quarter of the residences went under contract.
MetroList, Northern Nevada Regional MLS and Oregon Data Share have named their joint repository Orion, giving subscribers of each service access to the others’ listings, with direct integration into each MLS planned for a later phase.
Governor Michael Barr backed the Fed’s Sept. 16 quarter-point increase and said more are likely in his base case, then laid out why U.S. shelter costs are a supply problem rate policy cannot solve.
The Scottsdale, Ariz.-based brokerage said the combination expands its footprint across North Carolina, South Carolina, Georgia and Florida and lifts its network past 27,000 agents. No financial terms were disclosed.
The bills require data centers of 10 megawatts or more to report power use to the California Energy Commission, direct the CPUC to write new large-load tariffs by 2028, and strip categorical CEQA exemptions in exchange for a conditional fast lane.
The Los Angeles builder reported $1.30 billion of revenue and $1.05 in diluted earnings per share for the quarter ended Aug. 31, with gross margin down to 16.5% and net orders off 12% β offset by a rare backlog increase and 8% community count growth.
The Mortgage Bankers Association’s weekly survey put the conforming 30-year fixed contract rate at 7.12% for the week ending Sept. 18, up 15 basis points, with refinancing at its slowest pace since February 2025.
The San Francisco company said Sept. 22 that a seed and Series A totaling $21 million, led by Costanoa, will fund agents that already help loan officers originate more than $1 billion in mortgages a month.
The New York company said Sept. 22 it acquired Zuma, the Andreessen Horowitz-backed maker of AI agents that apartment operators use to capture leads, book tours and collect rent, as Venn approaches one million units under management.
The land-banking REIT spun off from Lennar launched two $500 million tranches of senior notes on Sept. 22. If Dream Finders’ takeover of Beazer Homes is not completed by May 13, 2027, the 2031 notes face a special mandatory redemption.
Two SEC filings submitted Sept. 21 show Berkshire Hathaway and Warren Buffett crossed the 10 percent reporting threshold at Lennar, after buying 2.7 million additional shares on the three sessions that followed the homebuilder’s weak third-quarter report.
Compass said Sept. 22 it is rebuilding Compass.com around See It First, a feature that gathers homes at every marketing stage from nine affiliated brands and lets sellers test pricing without accruing public days on market.
Redfin’s August Home Price Index, released Sept. 22, showed a 0.25% monthly gain and 3.7% annual growth, with San Francisco up 12% and Dallas down 1.4% over the year.
NAR’s 2026 Realtors Technology Report, released Sept. 22, found 23% of agents use AI daily and 25% weekly, while the share ruling it out fell to 12% from the 32% who had not tried it a year earlier.
Gov. Greg Abbott directed the Texas Commission on Environmental Quality to halt all data center permits on Sept. 21, and told every state agency to hold regulatory approvals until grid and water audits are complete.
Northmarq acquired Richmond, Virginia-based Thirdline Capital Management and its registered closed-end fund, TREIX, giving the commercial real estate firm a vehicle it can sell to individual investors through wealth-management platforms. Terms were not disclosed.
Fannie Mae awarded 919 deeply delinquent loans with $203.3 million of unpaid balance to Residential Credit Opportunities Trust IX-D. The runner-up bid alone was 100.375% of face value, a reflection of 4.31% note rates and 48% loan-to-value ratios.
Texas new-home sales dropped to 5,658 in August and pending sales fell 10.7% from a year earlier, HomesUSA.com reported Sept. 21, while days on market improved for a fourth straight month and average prices held near $424,000.
U.S. construction starts fell to a $1.34 trillion annual rate in August, Dodge Construction Network reported Sept. 21, giving back most of July’s megaproject-driven jump. Data centers and power plants still dominated the largest groundbreakings.
Concrete took 5% of last year’s single-family completions and steel half a percent, leaving nearly every new American house exposed to the same lumber market.
The mapping platform’s new tool assembles public records and licensed data for an address, then uses AI to explain what matters and map it. The announcement does not say how the answers are tested.
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