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$220 Million Affordable Housing Tower Breaks Ground in Ann Arbor

$220 Million Affordable Housing Tower Breaks Ground in Ann Arbor

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

Related Midwest and the Ann Arbor Housing Commission have broken ground on The Adeline, a 20-story, 330-unit affordable housing development in downtown Ann Arbor, Michigan.The public-private project is being built at 350 S. Fifth Ave. on the former Ann Arbor YMCA...
LTC Properties Buys $160 Million of Senior Housing in Portfolio Shift

LTC Properties Buys $160 Million of Senior Housing in Portfolio Shift

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

LTC Properties has completed nearly $160 million in senior-housing acquisitions while disposing of more than $260 million of non-SHOP assets, accelerating a strategic shift in the real estate investment trust’s portfolio.The acquisitions add three senior-housing...
Manhattan Home Sales Rise 9% as Inventory Falls to Nine-Year Q3 Low

Manhattan Home Sales Rise 9% as Inventory Falls to Nine-Year Q3 Low

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

Manhattan home sales strengthened in the third quarter even as available inventory tightened and contract activity slowed, according to Corcoran’s Q3 2026 market report.Closed sales increased 9% from a year earlier to 3,625, the strongest third quarter since 2022 and...
Hines Names Adam Hines Co-CEO in Generational Leadership Transition

Hines Names Adam Hines Co-CEO in Generational Leadership Transition

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

Hines is moving to its next generation of leadership, naming Adam Hines co-CEO alongside Laura Hines-Pierce effective Jan. 1, 2027.Jeff Hines will move from co-CEO to chairman and step back from day-to-day management. David Steinbach will become the global real estate...
USDA and HUD Sign Agreement to Streamline Federal Housing Programs

USDA and HUD Sign Agreement to Streamline Federal Housing Programs

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

The U.S. Department of Agriculture and Department of Housing and Urban Development have signed a memorandum of understanding aimed at reducing overlapping federal requirements affecting housing development and homeownership.The agreement, announced Sept. 29,...
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