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A new Columbia University benchmark found leading AI models missed nearly a quarter of mortgage underwriting questions and showed sharp bias flagging deposits from non-English names as suspicious.
Vantage Data Centers is exploring a stock listing at a roughly $100 billion valuation or a sale, Reuters and Bloomberg report, citing people familiar with the matter — a deal that would be the largest data center IPO on record.
NAHB’s Q2 2026 AD&C Financing Survey shows builder borrowing costs rose on land acquisition, land development and speculative construction loans, with effective rates up more than 0.6 points since the end of 2025 even as builders and Fed-surveyed lenders now disagree on credit’s direction.
RPR, NAR’s data and technology subsidiary, won the 2026 PropTech Breakthrough Award for Real Estate Analytics Platform of the Year, citing an AI-assisted comp search tool added this year.
Bank of America pledged $250 billion over 18 months for U.S. infrastructure financing, including data centers, energy generation and transportation, addressing power bottlenecks that have slowed data center construction.
Single-family permits fell 4.2% nationally in the first half of 2026 while multifamily permits rose 4.5%, according to an NAHB analysis of Census Bureau data, with sharp regional divides between the two segments.
Houston-based SparrowHawk closed its largest deal to date, buying a 4.4 million-square-foot, 20-property industrial portfolio from EQT across six Midwest metros for just under $400 million.
American Healthcare REIT will pay $873 million for eight Kensington Senior Living communities in California, Maryland, New York and Virginia, per an Aug. 10 SEC filing, in a deal split across three separate closings.
Sixth Street, in partnership with Riller Capital, has acquired the 142-room Pier House Resort & Spa in Key West, Fla., for $190 million from Braemar Hotels & Resorts, according to SEC filings and a company announcement.
1789 Capital, the investment firm where Donald Trump Jr. is a partner, has closed its debut real estate fund at $1.2 billion, targeting more than $8 billion in Sun Belt housing, industrial and data-center development, Axios reported.
A newly formed resident group has filed a 16-count lawsuit in Jackson County Circuit Court seeking to halt construction of Nebius’s AI data center in Independence, Mo., alleging the city secretly rezoned land and pushed through more than $150 billion in tax-abated bonds without proper notice.
Ousted Better.com founder Vishal Garg says he has secured majority shareholder backing and retained attorney Alex Spiro to retake the mortgage lender’s board. The company fired back, calling him a “terminated CEO” and disputing his account of events.
A Little Rock builder’s viral breakdown of flat subcontractor fees and fixed material costs shows why starter homes rarely pencil out for builders, as national entry-level supply remains about 300,000 units short of pre-pandemic levels.
Bipartisan companion bills in the House and Senate would let first-time homebuyers move up to $35,000 in unused 529 college savings, tax-free, toward a down payment.
Record delinquent-tax sales in Cuyahoga County, 24,000 delinquent parcels in Mahoning County, and one-in-three homeowners behind in parts of Youngstown show how Ohio property tax bills have outrun relief efforts, even as the state rolls out an inflation cap, a reform task force, and a proposed valuation cap.
Residential building material prices rose 5.0% year-over-year in July, the fastest pace since 2022, as softwood lumber posted its sharpest monthly gain in over a year, NAHB finds.
Outstanding home equity line of credit balances rose $13 billion in the second quarter, the 17th straight quarterly increase, as owners lock in low mortgage rates and borrow against equity instead, the New York Fed reports.
FinCEN’s final rule permanently eliminates beneficial ownership reporting for most U.S. businesses, ending a fight that drew opposition from homeowners associations and LLC-holding property owners.
The 30-year fixed mortgage rate eased to 6.67% this week, down from 6.69%, as Freddie Mac says borrowers continue responding to even modest rate changes.
Elon Musk’s planned 100 million-square-foot Terafab chip factory in Grimes County, Texas has drawn organized opposition from residents worried about traffic, water use and rising costs.
Marc and Joan Hendel moved into their newly built Bourne, Mass., retirement home in March 2025. A month later, the state moved to seize it by eminent domain to replace the aging Sagamore Bridge.
Active buyers fell to a record low in July and sellers now outnumber them by 51.3%, Redfin found, even as a separate weekly report showed the largest jump in new listings in five months.
Multifamily mortgage originations rebounded sharply last year as 2,530 lenders participated in the market, up from 2,463 in 2024, the Mortgage Bankers Association’s annual survey found.
Shareholders of both REITs overwhelmingly approved the merger of equals, clearing the way for Vivmark Residential to begin trading Aug. 18 as one of the largest apartment owners in the country.
The all-stock deal pushes Global Net Lease’s industrial exposure to roughly half its rent roll, immediately adding about 4% to AFFO per share as the REIT continues shedding office and retail assets.
The life-science REIT priced $1 billion of long-dated subordinated notes at a 7.25% coupon, locking in financing costs as it works through a soft patch in lab-space demand.
The company’s ZenaWorx platform now tracks grading, drainage and cut-and-fill volumes during the earthworks phase of data center construction, landing its first paying customer for the tool.
The construction giant will build a 237,000-square-foot data center for an undisclosed existing client, the latest in a string of similarly sized contracts across Virginia and Georgia this year.
The Chamber’s new council, with James Hardie, Citi and UMH Properties also on board, aims to turn recently enacted federal housing reforms into local zoning, financing and workforce changes.
County assessors in Colorado, Ohio and Minnesota are warning homeowners about a viral AI-generated video falsely claiming Congress created a federal property tax relief program for seniors.
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