Confidence in the U.S. multifamily housing market weakened in the first quarter of 2025, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). Both key indicators of the survey--tracking builder sentiment and occupancy levels--declined year-over-year, signaling a more cautious approach among developers amid economic and regulatory...
Image In this episode of the REIT Report special series, “Building Resilience,” Daniel Kaniewski, Managing Director, Public Sector at Marsh McLennan, discusses his experience in disaster response and efforts to capture the value of resilience investments for a broad group of...
CEO DJ Busch says strong commitment to tenants builds long-term...
In a strongly worded op-ed, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner defended the recent repeal of the Affirmatively Furthering Fair Housing (AFFH) rule. Turner argued in The Gazette, an Iowa-based newspaper, that AFFH represented a federal overreach into local housing decisions and hurt the very communities it claimed to help. “As Secretary of the U.S....
While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in fraudulent activities, misrepresenting facts, misappropriating...
ERA Experts — a franchise affiliate of ERA Real Estate — has made a strategic investment in Austin-based Sprout Realty LLC, which will now operate as Sprout Realty ERA Powered. Leaders said the move is aimed at accelerating Sprout Realty’s growth across Austin, Waco, Dallas-Fort Worth and other parts of northwest Texas, while allowing the firm to maintain its brand identity and leadership...
The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3% fewer total sales than in 2024. But in May and June, the yearly comparisons get easier because last...
The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority. The draft legislation, introduced by the tax-writing Ways and Means Committee in the House of Representatives on Monday, was released ahead of a...
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Tokyo and Seoul drive uptick; Office investment surges 42% quarter-on-quarter Asia Pacific's commercial real estate (CRE) investment market held firm in the first quarter of 2025, with total transaction volume reaching $32.8 billion -- a marginal 1% dip from the previous quarter but up 11% year-over-year, according to new data from CBRE. The Q1 results were buoyed by a noticeable pickup in activity in...
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