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Real Estate

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

Marshalls's Brooklyn gamble: Can discount retail thrive in a luxury hub?

Marshalls’s decision to plant a 31,470-square-foot flagship in Liberty Bklyn—a $1.5bn mixed-use complex anchored by high-end brands—reflects a calculated bet on the enduring appeal of off-price retail. The store, which opened on April 23, occupies ground-floor space leased for a decade from Madison Capital, …

Vinay Lochav | 21 May 2026

Kirkland & Ellis’s Manhattan Expansion Signals Office Market’s Shifting Fortunes

Elecor Properties’ 900 Third Avenue—completed in 2017 at a cost of $1.2bn—has carved out a reputation as one of Midtown East’s most sought-after office towers. Its 1.2m sq ft of Class A space, LEED Platinum certification, and proximity to Grand Central Terminal have made …

Vinay Lochav | 21 May 2026

Lenders wrestle with the nuances of modern credit score pricing

Mortgage lenders are caught in a quiet revolution—one that is reshaping how creditworthiness is priced. The Federal Housing Finance Agency’s (FHFA) decision to adopt VantageScore 4.0 for loans backed by Fannie Mae andFreddie Machas thrust two rival credit scoring systems into the spotlight: VantageScore …

Vinay Lochav | 21 May 2026

NAHB at 37: The US Housing Market Is Not Recovering, It Is Stabilising at a Low Level

The National Association of Home Builders' Housing Market Index is a sentiment survey of builders regarding current and expected sales conditions and traffic from prospective buyers. A reading above 50 indicates more builders view conditions as good than poor; a reading of 37 means …

Nitish Kishor | 20 May 2026

Saks Global's Fire Sale: The Luxury Retail Bankruptcy That Could Kill the Business It Saves

The Saks Global bankruptcy is a predictable outcome of a financial engineering exercise that prioritised deal completion over commercial logic. The combination of Saks Fifth Avenue and Neiman Marcus, two luxury department stores with overlapping customer bases and competing real estate portfolios, was financed …

Nitish Kishor | 20 May 2026

Dollar Stores on a Tear: But Gas Prices Could Spoil the Party

Dollar stores have been among the most successful retail format innovations of the past two decades, building market share by offering extreme convenience through ubiquitous small-format stores that bring basic consumer goods within a short drive or walk of millions of American households. Dollar …

Nitish Kishor | 20 May 2026
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