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Core Inflation Data Keeps Fed Neutral, Mortgage Rates Pinned Near 6.5%

Core inflation came in below forecasts at 2.9%, keeping the Fed on hold and 30-year mortgage rates near 6.5% despite headline CPI hitting 4.2%. The post Core Inflation Data Keeps Fed Neutral, Mortgage Rates Pinned Near 6.5% appeared first on Propmodo...

Institutional Capital Pours Into Small Investor Lending With $717 Million Deal

Figure acquires Kiavi for $717 million as institutional capital expands into fix-and-flip and small landlord lending markets. The post Institutional Capital Pours Into Small Investor Lending With $717 Million Deal appeared first on Propmodo.

Why the Hotel and Residential Building Hybrid Is Having a Moment

TOOR Hotel Toronto pairs boutique hospitality with The 203 Residences, showing how hotel-branded rental housing is reshaping luxury urban living. The post Why the Hotel and Residential Building Hybrid Is Having a Moment appeared first on Propmodo.

California Transit Density Law Opens Door to 1.5 Million New Units

California's SB 79 allows buildings up to nine stories near transit stops starting July, unlocking zoning for 1.5 million units across eight counties. The post California Transit Density Law Opens Door to 1.5 Million New Units appeared first on Propm...

AI Tenant Demand Drives Manhattan Toward Strongest Leasing Year in Two Decades

AI firms are driving Manhattan toward its best office leasing year since 2000, with first-quarter absorption surpassing all of 2024. The post AI Tenant Demand Drives Manhattan Toward Strongest Leasing Year in Two Decades appeared first on Propmodo.

White House Keeps Fannie and Freddie Privatization Alive Despite Leadership Shuffle

Trump confirms Fannie Mae and Freddie Mac IPO remains under consideration despite naming FHFA director to temporary intelligence role. The post White House Keeps Fannie and Freddie Privatization Alive Despite Leadership Shuffle appeared first on Prop...

LA city’s top construction permits: Week ending June 9, 2026

🏆 The largest new development to secure permits last week was in Encino, where plans were filed to build a nearly 46,000-square-foot affordable housing complex at 11033 West Hartsook Street. The six-story project will feature 59 apartments and inc...

Canoga Park developer nearly doubles unit count, slashes height for affordable project

A property owner in Canoga Park is looking to nearly double the number of units proposed for a commercial development off Sherman Way. Matt Towfighian of Warner Mega Properties submitted a revised application to the Los Angeles Department of Ci...

Jane Kim leads CA insurance chief race, boasts $30K in real estate donations

Finishing first in the primary for state insurance commissioner, Jane Kim — who formerly sat on the San Francisco Board of Supervisors — is at the center of a race that typically flies under the radar, but carries implications for real estate dev...

Newport Beach financier arrested for $100M federal bank fraud

An Orange County financier has been arrested by federal agents on accusations of bank fraud tied to loans secured by real estate. Mahender Makhijani was arrested on Wednesday at his mansion at 57 Montecito Drive in Newport Beach’s tony Corona...

Continental sells El Segundo campus for $42M to Bay Club

The Bay Club Company is growing its real estate holdings across California with its latest acquisition in the Los Angeles area. The athletic club completed its purchase of a two-building campus at 2250 Park Place in El Segundo for $42 million, ...

Will Becerra, Hilton bring real estate backers to November runoff?

The Los Angeles real estate industry’s top choice for California governor didn’t make it past election night — Matt Mahan conceded after earning just 4 percent of the vote — but another industry favorite made it to the November runoff: Steve ...