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Law Firm Willkie Farr & Gallagher Doubles Down on Midtown Manhattan with 368K SF Expansion

Midtown Manhattan’s beleaguered office market has seen vacancy rates hover near 20%, with sublease space piling up and rents under pressure. Yet 787 Seventh Avenue—a 1.2m sq ft, Class A tower owned by CommonWealth Partners—stands out as a magnet for prestige tenants. Willkie Farr …

Vinay Lochav | 21 May 2026

"Humans over houses": Charis Moreno on why industry noise shouldn’t distract agents from what matters

Key HighlightsNextHome Inc.’s ChiefRevenueOfficer, Charis Moreno, urges real-estate agents to prioritise human connections over transactional metrics.Moreno’s “Humans over houses” philosophy challenges agents to stay focused amid unpredictable marketVolatilityand industry distractions.The approach gained traction on social platforms like Instagram and X, sparking debates on agent-client …

Vinay Lochav | 21 May 2026

HUD pushes states to slash fees, simplify codes and speed up permits

The U.S. Department of Housing and Urban Development (HUD) has issued a sweeping call for states to dismantle what it calls a “regulatory tax” on homebuilding. In its latest report, HUD argues that fees—ranging from impact charges to permit surcharges—alongside byzantine building codes and …

Vinay Lochav | 21 May 2026

CIBC and Citizens Bank Commit $108m to Fairfax Apartment Build

Canadian Imperial Bank of Commerce (TSX: CM) and Citizens Bank, a unit of Citizens Financial Group Inc. (NYSE: CFG), have jointly committed $108m in construction financing for a Fairfax apartment complex—signalling renewed confidence in Washington, DC’s beleaguered rental market. The facility, announced on 20 …

Vinay Lochav | 21 May 2026

Peachtree Supplies $45m C-PACE Loan to Fuel Florida’s Senior Housing Boom

The $45m C-PACE (Commercial Property Assessed Clean Energy and Resilience) loan extended by Peachtree Group to the Fellowship Wildlight project in Yulee, Florida, is more than a financing transaction—it is a bet on the state’s demographic future. With Florida’s 65-and-over population expected to swell …

Vinay Lochav | 21 May 2026

The return of ‘legacy gold’: CENTURY 21 Real Estate embraces its iconic past while betting on Compass tech

Century 21 Real Estate (C21) is a global real-estate franchisor known for its gold blazers and gridiron-style brokerage model. Unlike pure-play platforms such as Compass Inc. (NYSE: CMPS), C21 operates as a franchisor with more than 14,000 offices worldwide, generatingRevenueprimarily throughFranchisefees and technology licensing. …

Vinay Lochav | 21 May 2026

Road to Housing Act clears House hurdle, carving out build-to-rent from investor ban

A legislative pivot for America’s rental housing crunch

Vinay Lochav | 21 May 2026

Why agents will ignore your expensive AI tool — and how to fix it

Enterprise agents are languishing in pilot purgatory—not because the underlying models are deficient, but because frontline staff refuse to rely on them. ICMI’s 2026 analysis—based on surveys of 1,200 contact-centre agents—finds that 67% of respondents admit they “work around” AI tools rather than incorporate …

Vinay Lochav | 21 May 2026

Axiom Retail’s Lea Clay Park On Flattening Rents, Filling Shuttered Drugstores

Retail rent growth has lost its upward momentum—at least for now. According to Lea Clay Park, founder and chief executive of Axiom Retail, the market has entered a phase of “flattening rents,” where annual increases hover near zero in many submarkets. Yet beneath this …

Vinay Lochav | 21 May 2026

Illinois’s new home-equity rules draw applause—and signal a wider regulatory shift

Illinois’s new rulebook—the first comprehensive state-level framework for home-equity investment products—was hailed on May 20th by the Coalition for Home Equity Partnership (CHEP), an industry body that counts HomeFundIt, Unison HomeOwnership Investors and Point as members. The framework sets operating standards for shared-equity arrangements, …

Vinay Lochav | 21 May 2026
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