Trump wants to cut rental assistance. His first-term budget requests show he’s serious

The Trump administration released an outline of its 2026 federal budget proposal on Friday, and it calls for steep cuts to the U.S. Department of Housing and Urban Development (HUD). The cuts total $32.9 billion, and they include the elimination of three programs in their entirety. The document — compiled by Russell Vought, director of the White House Office of Management and Budget (OMB) — is not a...

Redfin reports falling revenue, higher losses in Q1 2025

Despite the buzz around being acquired by Rocket Companies, the first quarter of 2025 was a rough one for Redfin.  In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while its net loss for the quarter came in at $92.5 million, up from a net loss of $66.8 million in Q1...

Net Lease REITs Poised for Continued Growth

Shrink W.P. Carey distribution center in Inwood, West Virginia, net leased to hardware distributor Orgill. Photo courtesy of W.P. Carey. Expand W.P. Carey distribution center in Inwood, West Virginia, net leased to hardware distributor Orgill. Photo courtesy of W.P. Carey. REITs are keeping a close eye on capital costs, potential credit risk, slowing economic...

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