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Texas builder breaks ground on first community with Japanese firm

Amid the growing presence of Japanese capital in American homebuilding, Osaka-based Hankyu Hanshin Properties Corp. (HHP), a leading Japanese developer, recently expanded its operations in the United States via a joint venture with Dallas-based Bridge Tower Homes. The two parties announced a joint venture in January, and earlier this month, they broke ground on the joint venture’s (JV) inaugural...

As retirement slips further away, workers prioritize stability and senior home equity

America’s workers are clinging to their jobs at a decade-low quit rate of 2%, driven by fear rather than fulfillment, new data shows. The research from Economist Enterprise surveyed 2,063 full-time employed Americans ages 18 to 62 across industries, including energy, manufacturing, media, financial services and government. It found that 62% of workers now prioritize long-term job security over...

Virginia cities gain new tools to increase affordable housing supply

For Virginia state Sen. Jeremy McPike, the third attempt was the charm for a bill that lets municipalities rezone to encourage affordable housing. It just took a new governor. Gov. Abigail Spanberger signed into law this week a measure giving every city and county in Virginia the authority to adopt an affordable housing program, marking a major shift in how local governments can use zoning to boost...

Manhattan Retail Tightens as Availability Hits Record Low in Early 2026

Manhattan's prime retail corridors tightened further in the first quarter, with availability falling to the lowest level on record even as consumer spending showed signs of strain, according to a new report from JLL. Average availability across key shopping districts -- including Fifth Avenue, SoHo and Times Square -- held at 13.7% in the first three months of 2026, matching the prior quarter and marking...

Virginia YIGBY bill puts Spanberger housing agenda on the line

Virginia Gov. Abigail Spanberger has until Monday to sign or veto legislation that would make her state one of the few that allow faith-based organizations to build affordable housing on their properties by overriding local zoning limits. Spanberger faces pressure from local governments and a small but vocal group of civic organizations to veto the bill, extending the fight after they failed to stop it...

New Cheval Holdings acquires Surge, appoints Jimmy Gillespie as CEO

Surge, a partner intelligence platform for wholesale mortgage lenders, has been acquired by New Cheval Holdings as the wholesale channel faces tighter scrutiny on broker oversight and market share pressure from retail and direct-to-consumer lenders. The transaction brings dedicated ownership and institutional backing to a platform used by wholesale lenders that are regularly ranked among the top 25 in...

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