A luxury real estate report from Miami-Dade County highlights 20 contracts signed for high-end properties between February 2 and 8, totaling $173.5 million in asking price. The report focuses on single-family homes and condos listed for $4 million or more, with 13 single-family homes and 7 condos going pending. The most expensive property was a $27.6 million Gables Estates compound with extensive waterfront features. Another notable sale was a $14 million renovated waterfront home in North Miami Beach. The average market time was around 110 days for these luxury listings.

Veris Residential, a multifamily real estate operator, is facing pressure from activist investor Erez Asset Management to explore a sale or strategic alternatives, potentially offering shareholders a significant premium. Veris has previously considered strategic reviews and recently sold development sites in Jersey City for large-scale residential and retail projects. Erez, led by Bruce Schanzer, has a history of active involvement in real estate investments and proxy battles.

The Fort Worth Stockyards’ development group, a partnership between Majestic Realty and Hickman Companies, is proceeding with a $30 million renovation of the Historic Stockyards Hotel and H3 Ranch restaurant, focusing on preservation and operational upgrades. While broader expansion plans including hotels, multifamily units, commercial space, and parking garages remain paused, the partners remain committed to future development amid ongoing legal disputes. The renovation is expected to complete by late 2024 or early 2027, with the larger $1 billion buildout plan currently on hold.

The Department of Justice is considering an antitrust investigation into the homebuilding industry, focusing on potential supply restrictions or price coordination among major builders like Lennar and D.R. Horton. This move aligns with efforts to address housing affordability, a key issue for the Trump administration ahead of the 2026 midterm elections. Concurrently, homebuilders are proposing a "Trump Homes" rent-to-own program targeting entry-level homes, though the White House has not actively pursued it. Additionally, President Trump has directed Fannie Mae and Freddie Mac to purchase mortgage-backed securities to lower mortgage rates and proposed banning large institutional investors from buying single-family homes, despite limited evidence of their impact on prices.

Mindspace is expanding its coworking and flex space at 25 Kent Avenue in Williamsburg, Brooklyn, New York, adding 11,500 square feet to its existing 37,403 square feet under a 10-year lease. The building, owned by Global Holdings Management Group and developed by Heritage Equity Partners, Rubenstein Partners, and Global Holdings, also recently leased space to AI company Rilla and Five Iron Golf. Mindspace operates 45 locations globally, with this being its only New York City site.

Bam Development secured $60 million in construction financing from Dwight Mortgage Trust to build a multifamily development with 120 apartments and 178 parking spaces on a 0.9-acre site in Coral Gables, Florida. The loan supplements an earlier acquisition loan and follows a trend where most recent construction financing in Coral Gables has been directed toward luxury condo projects. Bam Development also has plans for a 257-unit multifamily project in Fort Lauderdale, Florida.

Leo Amaya, vice president of Crescent Estates Custom Homes, has joined Douglas Elliman's Dallas office while retaining his role at Crescent, allowing him to represent projects from development through sale. Crescent Estates, a division of Centurion American, is involved in luxury single-family home developments and luxury condo and townhome projects in Dallas, Texas. Douglas Elliman has also made other notable agent hires in Texas, including Houston and Aspen, while experiencing some personnel losses nationally. Crescent Estates is currently rezoning land in Dallas for a new single-family home development.

Tempe City Council approved Panattoni Development Company's plan to demolish six office buildings at 2750 South Priest Drive and construct two one-story industrial buildings totaling 355,000 square feet, including warehouse, industrial, manufacturing space, and offices. The redevelopment aims to attract advanced manufacturing jobs, particularly in the semiconductor industry. The site was rezoned for mixed-use in 2023, and the area has seen significant real estate transactions including office, hotel, and business park sales. The project reflects a shift from underused office space to industrial use in a growing employment area in Tempe, Arizona.

The U.S. industrial real estate market is showing signs of recovery with strong net absorption, increased leasing activity, and rising investment sales in late 2025. A significant volume of leases will expire over the next three years, leading to a large amount of new supply entering the market, including properties equipped with advanced technology. Land sales to data center developers have surged, reducing available industrial land and potentially tightening the market further by 2027. Tariff policies in 2025 caused uncertainty and delayed absorption, but the market is now stabilizing and growing modestly.

A proposed 29-story, 347-unit apartment tower in Chicago's Fulton Market is seeking the city's densest zoning classification, DX-16, which has raised concerns among planners and neighborhood groups. The request could bypass the Neighborhood Opportunity Bonus fund that has directed millions to South and West Side neighborhoods, potentially undermining the area's zoning framework and infrastructure. The project has sparked debate between local officials and community groups over precedent and neighborhood scale, with the Chicago Plan Commission set to vote on the proposal before it moves to the City Council.

Waterton purchased the 212-unit Misora luxury apartment complex in Santana Row, San Jose, California, for $148.5 million, reflecting strong demand and high per-unit prices in the area. The property will be renovated with upgraded interiors. Santana Row has seen multiple recent multifamily transactions, including sales and foreclosures, highlighting a robust housing market driven by the tech sector. Federal Realty, the seller and principal developer, is continuing to develop new residential projects nearby and is strategically managing its portfolio through sales and reinvestments.

CenterSquare Investment Management and Esas Real Estate have launched a $50 million joint venture fund to invest in small-bay industrial properties under 10,000 square feet across the U.S., focusing on essential service industrial tenants such as HVAC and plumbing companies. This Essential Service Industrial strategy is distinct from their larger $5 billion data center investment fund. CenterSquare has also been active in industrial market financing, recently providing a $106 million loan for a large logistics warehouse in New York's Hudson Valley.

In January, the six largest retail leases in New York City included a new T.J. Maxx department store lease in Manhattan, a Petco lease renewal on the Upper West Side, a new self-service laundromat in Jamaica, a new bar concept in the East Village, a personal training studio relocation in the West Village, and a martial arts school lease in East Williamsburg. These leases highlight diverse retail activity across multiple NYC neighborhoods.

Foreclosure filings for home loans in New York City increased by 8 percent in 2025 compared to the previous year, with nearly 1,600 first-time filings. The Bronx saw the highest growth in filings at 35 percent, followed by Manhattan with a 28 percent increase. Two-family homes were the most affected property type, experiencing a 12 percent rise in foreclosure filings, while co-ops had the highest annual increase at 29 percent. Condos were the only housing type to see a decline in filings, dropping by 24 percent. Despite the rise, foreclosure levels remain below the peak seen in 2023, and Brooklyn remains the most unaffordable housing market in the city.

The American Dream megamall in East Rutherford, New Jersey, is involved in a lawsuit alleging collusion between developers and local officials to drastically reduce the mall's assessed value, thereby lowering payments to bondholders. The mall's valuation was cut from $3.3 billion in 2019 to $1.65 billion, impacting $800 million in municipal debt backed by payments in lieu of taxes. Bondholders claim the valuation was artificially lowered by a less qualified appraiser, excluding key revenue sources. Despite increased occupancy, sales have lagged behind projections post-pandemic. The bondholders seek to prevent further manipulation of tax assessments for future years.

Bluefish, an AI-backed marketing platform, has leased the entire eighth floor of the 20-story office building at 315 Park Avenue South in Manhattan's Flatiron District, New York City. The 17,050-square-foot office space includes private offices, conference rooms, and workstations, marking Bluefish's first headquarters location. The lease term is seven and a half years with an asking rent of $95 per square foot. The building hosts other tech and retail tenants and is positioned as a hub for innovative companies.

Covenant Capital Group closed its largest fund, Covenant Apartment Fund XII, raising $1.1 billion to target value-add multifamily acquisitions, including a $270 million sidecar fund focused on affordable housing. The firm has deployed over $300 million in 54 deals, primarily targeting underperforming multifamily properties in the Sun Belt for renovation and operational improvements. Covenant manages over $2.4 billion in assets, representing more than 22,000 apartments concentrated in the Southeast and Texas. The multifamily sector is experiencing a transitional phase with slowed rent growth and increased private capital activity, including significant fundraising and acquisitions by other firms.

Joss Realty REIT, a New York-based real estate investment trust specializing in value-add office buildings, has launched its initial public offering with plans to capitalize on declining office property values. The company owns three office buildings in Boston, Philadelphia, and the Bay Area, with a portfolio totaling 308,000 square feet and an average lease occupancy of 72%. Joss Realty aims to expand its holdings in existing markets and other major metropolitan areas including Washington, D.C., Los Angeles, South Florida, and New York. The REIT was organized as a Maryland corporation and will be listed on the New York Stock Exchange under the ticker "JOSS".

The article discusses the financial and physical challenges facing New York City's rent-regulated housing system, highlighting how rent increases have not kept pace with rising operating and capital costs due to policies like the Housing Stability and Tenant Protection Act of 2019. This has led to deferred maintenance, growing vacancies, and deteriorating building conditions, with proposals for rent freezes potentially worsening the crisis. The piece argues that sustainable rent regulation must balance affordability with the economic realities of property maintenance and investment to prevent long-term decline in the housing stock.

In January, New York City saw significant leasing activity in the office sector, with tech companies, including AI platforms, signing major leases across various prominent buildings in Manhattan. Notable leases included PayPal's large Soho space and renewals or new leases by financial, legal, insurance, and fintech firms in the Financial District, Grand Central, Midtown West, Plaza District, Garment District, and Hell's Kitchen. The activity highlights the strong demand for office space among diverse industries in New York City.

The article discusses recent staff changes and expansions within Chicago's commercial real estate industry, including new hires and promotions at various firms such as Cresa, Valbridge Property Advisors, Farbman Group, Lee & Associates, Interra Realty, and Redmond Construction. It highlights the opening of Valbridge's first Chicagoland office in Skokie, leadership appointments, and the focus on industrial and multifamily property markets in the Chicago area and surrounding suburbs.

Outdoor apparel retailer Eddie Bauer has filed for Chapter 11 bankruptcy and is considering selling or liquidating up to 200 of its U.S. and Canadian retail stores due to financial struggles caused by inflation, tariffs, and debt. The company’s e-commerce and wholesale operations remain unaffected, and it may license the brand to other operators. In the New York metropolitan area, Eddie Bauer has retail locations in Paramus and East Rutherford, New Jersey. The restructuring aims to optimize value for stakeholders while maintaining profitability for Catalyst Brands, which operates Eddie Bauer.

Jameson Sotheby’s International Realty has recently expanded its agent roster in Chicago and the affluent North Shore suburbs, including new teams and solo agents joining from competitors like Compass and Berkshire Hathaway. The brokerage emphasizes luxury service, personalized client experiences, and international reach, with plans to open new offices in Winnetka, Glenview, and Lake Forest. This recruitment drive follows industry consolidation, including Compass’ merger with Anywhere Real Estate, but Jameson Sotheby’s remains an independent franchise focused on maintaining its distinct brand and service model.

McKinley Homes, an Atlanta-based builder, expanded into Texas by purchasing a distressed office building, Sam Houston Crossing I, in Houston. The 160,000-square-foot, three-story office building on nearly 9 acres was 51% occupied and lender-owned following a foreclosure sale. This acquisition is part of a trend where office users in Houston are buying distressed properties to occupy rather than rent, helping reduce vacant office space. The article also notes other significant office transactions in Houston, including the sale of the Marathon Oil Tower to Energy Transfer.

The article reports on leadership changes and notable personnel moves within South Florida's real estate industry, highlighting new appointments in the Miami Association of Realtors and NAIOP South Florida, as well as brokerage and developer updates. It also mentions significant real estate projects and private equity firm promotions in the region.

In Mar Vista, Los Angeles County, a record $10 million sale of a single-family home was set at 11948 Modjeska Place, marking the first residential deal in the area to reach eight figures. Other notable high-value sales include homes on Stanwood Drive and Mountain View Avenue, with prices per square foot exceeding previous records. Demand in Mar Vista is driven by families seeking more space and those affected by local fires, highlighting a strong market for single-family homes in the neighborhood.

In Mar Vista, Los Angeles County, a record $10 million sale of a single-family home at 11948 Modjeska Place set a new high, with another home on Mountain View Avenue selling for $6 million at a higher price per square foot. These sales reflect strong demand driven by families seeking more space and those affected by local fires. The properties feature large homes with multiple bedrooms and amenities, marking significant residential transactions in the area.

In Mar Vista, Los Angeles County, a new record was set with the $10 million sale of a single-family home at 11948 Modjeska Place, marking the first residential deal in the area to reach eight figures. Another notable sale was a 2,194-square-foot house at 3598 Mountain View Avenue, which sold for $6 million, making it the fifth priciest single-family home sale in the Westside neighborhood in 2025. Demand in Mar Vista is driven by families seeking more space and those affected by the Palisades fire.

CRED iQ forecasts that the distress rate for commercial mortgage-backed securities (CMBS) could reach 14.5 to 15 percent by December due to refinancing challenges, high interest rates, and ongoing sector-specific difficulties, particularly in office and retail properties. Distress rates have significantly increased from 4.83 percent in July 2022 to 11.98 percent in January 2026, with rising delinquencies and special servicing indicating systemic stress. Special servicers are increasingly pursuing foreclosure and note sales over loan modifications, reflecting limited options for restructuring troubled assets in the current market environment.

Manhattan's luxury real estate market saw a surge in high-value contracts in early February, with 36 deals signed for homes priced at $2 million or more, including 13 contracts for properties over $10 million. Notably, a new condo development at 1122 Madison Avenue sold half of its 26 units shortly after launch. The top contract involved two combined units on the 78th floor of 432 Park Avenue for $53 million, while another significant sale was a $27 million condo at 140 Jane Street. Overall, the week recorded over $370 million in contract volume, reflecting strong demand in the high-end condo segment.

The article details several commercial real estate transactions and leases in Florida, highlighting MDVIP's move to a mixed-use project in Boca Raton, the leasing activities at 401 Las Olas in Fort Lauderdale including office and retail tenants, and new retail and office leases in Miami such as Timeluxe at Miami Worldcenter, Jetset Pilates in Wynwood, and Madame Olivia in Midtown Miami. The developments include office renovations, new apartment projects, and retail expansions within mixed-use complexes.

The Trump administration is appealing a court order requiring it to release funding for the $16 billion Gateway Tunnel project under the Hudson River, which aims to provide additional rail access to Pennsylvania Station and alleviate congestion in the existing North River Tunnel. The funding freeze led to layoffs of 1,000 workers, prompting legal action and union protests. New York and New Jersey governments are involved in efforts to resume construction, emphasizing the project's importance for regional transportation and economic growth.

Turner & Townsend, a professional services firm, has signed a 12-year lease for 24,394 square feet at SL Green Realty's 100 Park Avenue office building in New York City, relocating from 285 Madison Avenue. The lease was negotiated by CBRE and Cushman & Wakefield. Other recent leases at the same building include Brixmor Operating Partnership renewing 18,655 square feet and Alvarez & Marsal leasing 220,221 square feet. The building is a 36-story office tower located between East 40th and East 41st streets.

The article discusses the nomination of Kevin Warsh as the Federal Reserve chair by President Donald Trump and the potential impact of his monetary policy on the commercial real estate (CRE) industry. Warsh's past record shows mixed signals on interest rate policies, with a history of both supporting and criticizing quantitative easing. His approach to unwinding the Fed's balance sheet, particularly mortgage-backed securities and Treasurys, could affect residential mortgage rates and multifamily markets. The article highlights the importance of Fed independence, the Basel III capital proposal's implications for CRE lending, and the potential effects of interest rate changes on construction financing and investment sales, especially in multifamily and condo sectors. The nomination faces some political opposition but is expected to be confirmed, with Warsh's pragmatic and data-dependent stance seen as beneficial for CRE market stability and growth.

The article highlights several high-value real estate transactions in Florida, including a $36.3 million oceanfront teardown in Palm Beach, a $50.5 million low-income apartment complex in Weston, two office properties sold for $34.5 million in Deerfield Beach, a $24.6 million penthouse condo in Miami, and a $21.5 million waterfront mansion in Fort Lauderdale. It also notes a nationwide surge in affordable housing construction, with Seattle leading in new units built from 2020 to 2024.

The article discusses the growing political and public opposition to data center developments across the United States, highlighting concerns over environmental impact, water and electricity usage, noise, and limited job creation. It details specific large-scale projects, such as those in Alabama and Texas, and notes the increasing regulatory and zoning challenges faced by developers. Despite opposition, data centers remain critical infrastructure for AI and cloud computing, with ongoing debates about their economic benefits versus environmental and community costs. The article also covers the role of incentives, tax revenues, and community investments linked to data center projects, and predicts that data center development will continue to be a contentious political issue.

Sijo Vadakkan, a high-volume Austin Realtor, is diversifying from residential brokerage into hotel development through his company Trinity Texas Hospitality, with two limited-service hotel projects underway in Austin and McKinney, Texas, totaling about $44 million. The Austin hotel near Samsung's semiconductor plant is valued at $26 million, while the $18 million McKinney hotel will be a dual-branded La Quinta and Hawthorn Suites. Facing slower residential sales, Vadakkan aims for more stable income streams and is also planning future hotel and low-income housing developments in the Austin area.

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A £750M rented residential portfolio called Project Vanguard, consisting of 15 buildings with 2,079 apartments in London and Chelmsford, is being sold by the housing association Notting Hill Genesis. Major buyers including Blackstone, Kennedy Wilson, and Morgan Stanley are bidding for the portfolio amid a trend of housing associations selling market-rent residential assets to raise cash and retrofit properties. The sector faces limited new development due to rising construction costs, interest rates, and regulatory backlogs, driving up rents on existing build-to-rent properties.

Two Roads Development is engaged in litigation with holdout owners of the Biscayne 21 condo building in Miami, Florida, over redevelopment plans and condo association control. The building, constructed in 1964, is currently vacant and uninhabitable due to deferred maintenance. Two Roads seeks court relief to terminate the condo association and possibly force a sale to facilitate redevelopment. Additionally, notable real estate transactions in Florida include a $76.7 million oceanfront mansion sale in Palm Beach and a $50.5 million sale of a low-income apartment complex in Weston. Florida also seized illegal nicotine vapes to protect minors.

The article discusses the impact of California's builder's remedy law, which allows developers to bypass local zoning restrictions to build larger housing projects when local jurisdictions fail to meet state-mandated housing supply goals. It highlights a recent court ruling in Los Gatos that forces the city to process applications for significantly taller apartment buildings, potentially reshaping local skylines. The law is also influencing developments in other California cities like Pacifica, Davis, and San Francisco, where housing mandates and zoning changes are creating tensions and legal challenges. The builder's remedy law aims to increase housing supply but also raises concerns about developer ambitions and local control.

The article discusses the growing interest and consolidation in the funeral home real estate sector driven by the aging U.S. population and increasing death rates. Private equity firms and large operators like Service Corporation International are acquiring funeral homes, cemeteries, and crematories, investing heavily in real estate and renovations to meet changing consumer demands. Despite challenges such as stigmatization, costly remediation, and community ties, the sector is attracting institutional capital through sale-leaseback deals and equity partnerships. Expansion is occurring in multiple states, with operators balancing growth and respect for legacy businesses.

The article discusses leadership changes and financial results at Rexford Industrial, highlighting executive compensation adjustments and strategic shifts under new CEO Laura Clark. It also covers political contributions from California real estate developers to gubernatorial candidates, and recent real estate developments including a large multi-family community in Los Angeles, a luxury condominium project in Malibu, and a significant apartment portfolio acquisition involving properties in Los Angeles, Seattle, and Hoboken, New Jersey. The impact of Los Angeles' Measure ULA tax on commercial real estate transactions is also noted.

The article discusses the political dynamics in Texas, focusing on Taylor Rehmet's unexpected win in a state senate runoff in Tarrant County and the implications for casino gambling legislation supported by Miriam Adelson. It also highlights the value of historic homes in Texas, the ongoing troubled commercial real estate debt exceeding $800 million in the Texas Triangle, including a major mixed-use project foreclosure in Dallas, and Camden Property Trust's potential exit from California by listing a $1.5 billion apartment portfolio. Additionally, Texas is noted as a buyer-friendly housing market with a majority of homes selling below asking price in major cities.

The article discusses recent significant activities and trends in the U.S. commercial real estate market, highlighting major transactions, leadership changes, and capital movements. Key deals include J.P. Morgan Chase expanding its office space in Manhattan, refinancing of Wynwood Plaza in Miami, and potential record cap rates for office properties in West Palm Beach. Brookfield Asset Management's acquisition of a California industrial REIT and refinancing of a large multifamily project in Queens are noted. The article also covers earnings reports from major firms like AvalonBay and Simon Property Group, and addresses concerns about foreign investment amid U.S. political uncertainties, with optimism about the Sun Belt multifamily market's growth prospects.

The article discusses significant leadership changes and strategic shifts in both residential and commercial real estate sectors as 2026 progresses, highlighting major company mergers, executive departures, and new appointments. It covers trends such as the rise of data centers driven by AI demand, a decline in multifamily mortgage fraud, and notable property transactions including a West Palm Beach condo buyout and a Billionaires Row office building listing. The piece also touches on legal issues, foreclosure events, and ambitious urban development projects, reflecting ongoing consolidation, succession, and evolving market dynamics in real estate.

The federal government plans to terminate the agreement with the federal investor catalyst hub in Cambridge, Massachusetts, which was established to accelerate health research and innovation through the Advanced Research Projects Agency for Health (ARPA-H). The hub has provided significant funding to Massachusetts entities and supports initiatives like the Sprint for Women's health. The decision has drawn criticism from Massachusetts lawmakers and Governor Maura Healey, who argue it wastes taxpayer money and undermines health research efforts. The Biden administration had chosen Cambridge for the hub in 2023, with other hubs in Washington, D.C., and Dallas. The government is reportedly evaluating hub vendors, and the Dallas hub may also be at risk.

Los Angeles mayoral candidate Nithya Raman has proposed amendments to Measure ULA, a real estate transfer tax affecting high-value property sales, including a 15-year exemption for new multifamily, commercial, and mixed-use construction and a carveout for natural disaster-impacted properties. The measure, which has raised over $1 billion since 2023, has been criticized for stalling housing and commercial development. Raman's stance reflects ongoing debates in the city's real estate and political landscape ahead of the June primary election.

The article discusses the ongoing debates and political dynamics surrounding Measure ULA in Los Angeles, which imposes a tax on high-value property sales, and the city's efforts to revitalize Downtown Los Angeles amid contrasting views on crime and vacancy rates. It also covers recent shifts in residential real estate brokerage teams in the Los Angeles area, highlighting notable agent movements among firms such as The Agency, Hilton Hilton, and Coldwell Banker Realty.

Marc Reinisch's Rushmore Properties affiliate faces foreclosure on a Gold Coast retail property at 100 East Walton Street in Chicago due to a significant drop in value and occupancy. The property's appraisal fell from $20.3 million in 2015 to $11.8 million in 2025, with occupancy declining from 86% to 67%, leading to insufficient income to cover debt payments. Despite efforts to sell the property, offers did not meet the asking price, and the loan matured without repayment, prompting foreclosure proceedings by LNR Partners while negotiations continue.

Michael Shvo’s Mandarin Oriental Residences on Fifth Avenue in New York are undergoing a sales reset with a new brokerage team and significant price reductions after sluggish sales since its 2021 launch. The luxury 65-unit condominium project has sold only about a third of its inventory, prompting a shift from bulk disposition to individual sales. The project, converted from the former Gucci headquarters, features hotel-branded amenities and is Mandarin Oriental’s first East Coast residential property. Additionally, Empire State Realty Trust listed a 540,000-square-foot office building on Billionaires Row in New York for $350 million, and a major affordable housing development, One45, is planned in Harlem following the eviction of the National Action Network. The article also touches on legal and criminal cases related to New York real estate but focuses primarily on condominium and office property developments in the state.

Samuel Hertz filed for bankruptcy on three rent-stabilized apartment buildings in Brooklyn, New York, due to financial losses caused by the 2019 Housing Stability and Tenant Protection Act, the pandemic, and rising operating costs. Despite conservative financing and efforts to subsidize operations, the properties continue to lose money monthly, leading to foreclosure actions by the lender ConnectOne Bank. The situation highlights the challenges of owning rent-stabilized multi-family properties under current regulations and market conditions.

The article details the federal sex trafficking trial of the Alexander brothers in Manhattan, focusing on testimonies from women alleging they were drugged and raped by the brothers during trips to the Hamptons and a party cruise. The defense challenges the credibility of the accusers, highlighting inconsistencies in their accounts. The case involves discussions of drug use, social media exchanges, and travel arrangements paid for by the brothers. The trial includes cross-examinations that question the victims' memories and actions surrounding the alleged assaults.

The article discusses New York City's proposed rules to implement the 485x tax abatement program aimed at supporting large rental housing projects, which require paying a minimum construction wage. Developers have expressed concerns about the onerous notification timeline, wage definitions, and the risk of losing benefits after violations. The proposal has sparked debate between developers, construction industry groups, and the comptroller's office. Additionally, the article highlights recent real estate transactions in New York, including a high-value condo sale and a mixed-use building sale, as well as political updates in New York and New Jersey.

In New York City, 197 real estate transactions totaling $299 million were recorded in 24 hours, including notable condo sales on the Upper West Side and mixed-use property deals in Soho. Key residential sales included high-value condos and penthouses with multiple bedrooms and baths, while commercial transactions featured mixed-use buildings with retail and residential units. Nationwide, affordable housing construction surged by 73% from 2020 to 2024, with Seattle leading in new affordable apartment completions.

Miami's industrial real estate market is experiencing a significant increase in sublease listings, particularly from companies in the housing industry such as those selling building materials, due to a slowdown in home construction. The sublease space in Miami reached 3.4 million square feet by the end of 2025, a record high compared to previous years. This surge has provided relief to tenants facing high rents, although filling sublease space remains challenging due to specific lease timelines. Despite rising vacancies and ongoing new construction, experts expect the market to gradually absorb the available space, with some older facilities becoming obsolete.

Retail space owners in New York City experienced mixed results in 2025, with prime shopping districts like SoHo and Fifth Avenue seeing rising rents despite the impact of tariffs increasing costs for small businesses. While luxury retail corridors showed strong rent growth and low availability, many other Manhattan neighborhoods faced declining rents and high vacancies, particularly affecting local mom-and-pop stores. The overall retail sector remains healthy due to continued consumer spending in essential and luxury categories, but economic challenges and tariff-related cost increases pose risks to smaller retailers' profitability and long-term viability.

Denver's commercial real estate market faces challenges with high office vacancy and loan delinquencies, but ongoing conversion projects and major developments like new stadiums and expansions offer hope for recovery. Efforts focus on repurposing obsolete office spaces and improving connectivity between neighborhoods and downtown. Population growth is slowing, and affordability remains a key issue to attract residents and businesses. Power availability and perceptions of expense and unpredictability also impact investment. The city aims to enhance affordability and maintain job and population growth to support its real estate market.

The article discusses the massive increase in capital expenditures by major tech companies like Amazon, Google, and Microsoft on data centers and AI infrastructure in 2026. Despite the surge in spending, investors are concerned about the return on investment and whether this spending translates into proportional revenue growth. Amazon's AWS growth lags behind competitors, while Google shows stronger cloud revenue growth linked to its AI investments. Microsoft also faces scrutiny as its Azure growth slows despite increased spending. The focus is on data centers as critical assets for AI capacity expansion and cloud services.

A 4.7-acre site in Woodland Hills, California, has been acquired by Wellpointe Incorporated to develop a fully affordable mixed-use housing project, replacing previous plans for market-rate residential and luxury hotel developments. The project aligns with the Warner Center 2035 Specific Plan to transform the area into a vibrant entertainment and residential district, with additional developments including Rams Village and a Toll Brothers housing project incorporating affordable units. The focus is on delivering high-density, quality affordable housing and complementary social infrastructure.