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Median Home Price Surge Locks Out Nine in Ten Utah Renters

Utah's median home price hit $520,000 in Q1 2026, requiring $146,800 in income and locking out 91% of renters from homeownership. The post Median Home Price Surge Locks Out Nine in Ten Utah Renters appeared first on Propmodo.

Owner Commits $650 Million to Transform Stadium Into Convention Magnet

Tepper increases Bank of America Stadium investment to $650 million in $1.3 billion renovation aimed at boosting Charlotte's convention and events competitiveness through 2030. The post Owner Commits $650 Million to Transform Stadium Into Convention ...

Tishman Speyer Seeks $100 Million Abatement for Hudson Yards Office

New York City considers $100 million tax abatement for Tishman Speyer's $2.7 billion Hudson Yards office tower, testing Mayor Mamdani's economic priorities. The post Tishman Speyer Seeks $100 Million Abatement for Hudson Yards Office appeared first o...

Cold Storage Giant Sues Over Rooftop Solar Fire at Los Angeles Warehouse

Lineage seeks over $1 billion from Altus Power and Pearce Services, alleging rooftop solar panels caused a Los Angeles warehouse fire. The post Cold Storage Giant Sues Over Rooftop Solar Fire at Los Angeles Warehouse appeared first on Propmodo.

Affordable Housing Leads Nashville’s Stadium District, Reversing Industry Norms

Nashville's $2.2 billion stadium district starts with affordable housing, flipping the typical megaproject playbook and locking in units for 99 years. The post Affordable Housing Leads Nashville’s Stadium District, Reversing Industry Norms appe...

Philadelphia REIT Assembles 44,000-Unit Platform With Midwest Addition

Independence Realty Trust and Centerspace merge in $8.1 billion all-stock deal to create 44,354-unit multifamily REIT across 17 states. The post Philadelphia REIT Assembles 44,000-Unit Platform With Midwest Addition appeared first on Propmodo.

Hard hats and a movie at Samueli’s $5B OCVibe project

Scott Frick suited up in a neon vest, boots, a hard hat — and in SoCal fashion, the operations boss at the multi-billion-dollar OCVibe mega-development in Anaheim wore shades instead of safety glasses. It was 95 degrees (felt like 100) as we hopped...

Nature vs. nurture: Malibu’s wonders outweigh regulatory handholding for some

For some in Malibu, glimpses of dolphins and birds from an oceanfront deck trump permitting delays and the constant push-pull with the elements. This past week’s sinkhole that sucked in Nicolas Cage’s Malibu driveway not only re-opened the conver...

LA County dishes out $220M for affordable housing projects

Los Angeles County is doling out more than $200 million in grants to support nearly two dozen residential projects across the county. The Los Angeles County Affordable Housing Solutions Agency has issued its first social bond aimed to stimulate...

TA Realty buys Anaheim apartments for $148M as local multifamily vacancy rises

TA Realty is adding to its Southern California multifamily holdings with its latest nine-figure purchase in Orange County. Boston-based TA Realty acquired the Zia apartment complex at 1600 West Lincoln Avenue in Anaheim for $147.5 million, Bisnow rep...

$325M Irvine office sale nears all-time record for Orange County

Broadcom is buying an Irvine office property that set an Orange County record when it last sold. The semiconductor and infrastructure software company bought two five-story office buildings it occupies, at 15101 and 15191 Alton Parkway, for $32...

Arcadia officials sign off on more resi, retail near Metro

In the wake of Senate Bill 79 going into effect earlier this summer, cities across California — despite some hesitation — are leaning on transit oriented development projects. The City of Arcadia approved a proposal for a mixed-use project ...