Delinquency rates for mortgages backed by commercial properties increased to 4.02% during the first quarter of 2026, up from 3.86% in the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), the share of loans that were delinquent...
Maine Gov. Janet Mills vetoed legislation that would have created the nation’s first moratorium on the construction of large new data centers. Reuters reports that Mills, a Democrat in the final months of her term as governor, rejected a bill that would have halted...
Lake Mary, Florida-headquartered LPT Realty announced the addition of Partner Real Estate, a Southern California-based real estate organization. Led by founder and Managing Partner Rudy Lira Kusuma, Partner Real Estate produced more than $5 billion in closed...
Water Tower Place, the mixed-use development consisting of 758,000-square-foot shopping mall in a 74-story skyscraper on Chicago’s Magnificent Mile, announced plans for a $170 million redevelopment. The property, which first opened in 1976, will be reconfigured with a...
Groupe HD, a Quebec-based real estate investment, development, construction, and management firm, has announced plans for a new residential project in downtown Montreal on the site of the former YWCA building. According to the company, the project includes the...
The Tampa Bay Rays demand $1 billion for their new stadium, two pairs of regional realtors’ groups merge, and starter homes lose their appeal. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 20-24. Miss: Cough Up $1...
