Real Estate
Commercial property, housing, developers, and mortgages.
Port of Galveston cruise terminal earns LEED Silver certification
The Port of Galveston says Cruise Terminal 16 has earned LEED Silver certification after converting about 85% of a former warehouse, adding another sustainability milestone to its cruise expansion.
Spurs to hold public meetings on planned downtown arena and sports district
Spurs Sports & Entertainment will begin 10 community meetings on July 13 to gather public input on its planned downtown arena and surrounding sports district, even as key deal terms and land acquisition remain unresolved.
California strips Bay Area city of local housing control over delays with massive development
California housing officials have ruled Brisbane out of compliance with state housing law after missed Baylands rezoning deadlines, exposing the city to Builder’s Remedy pressure and possible state funding consequences.
Barclays buys Canary Wharf HQ for £750mn
Barclays has agreed to buy One Churchill Place, its Canary Wharf headquarters, from Canary Wharf Group for £750 million. The deal gives the bank a 999-year lease and long-term control of the building it has occupied since 2005.
D.C. unveils sweeping master plan for Commanders stadium and RFK campus
Washington, D.C. has released a master plan for the RFK campus that centers on a new Commanders stadium and a mixed-use neighborhood with thousands of homes, public space and riverfront access.
UK mortgage approvals fall to 2.5-year low as Burnham speech lifts markets
Andy Burnham’s Manchester speech steadied markets, with UK borrowing costs dipping and sterling rising, while Bank of England figures showed mortgage approvals falling to a 2.5-year low.
Paris northern-suburb residents struggle to cope with extreme indoor heat
Residents in public housing in La Courneuve and Saint-Denis, north of Paris, say a June heatwave has made indoor temperatures unbearable because many buildings lack shutters and have poor maintenance. Le Monde reported elderly tenants, children and vulnerable patients struggling with the heat, while landlords say shutter installation is not planned until autumn.
Proposed $69.5M Branford rehab hospital gets positive hearing
Encompass Health’s proposed $69.5 million inpatient rehabilitation hospital in Branford drew a generally favorable local hearing on June 24, but planners continued the application until July 9 for more information on sidewalks and EV charging. The project still needs state approval before construction can begin.
Toowoomba's $150m water plant pitch that could unlock 33,000 homes
Toowoomba Regional Council has submitted a $150 million request to Queensland's Residential Activation Fund for a new Southern Water Treatment Plant at Westbrook, with another $45 million to come from ratepayers. Reporting says the plant could unlock about 33,000 dwellings across the region and ease pressure on Mt Kynoch, but the state has not yet decided the bid.
'It's like a furnace': French struggle with heat-trap homes as climate inequality grows
France's record June heatwave is exposing how badly insulated homes can become dangerous heat traps, with low-income renters, schools and public services under strain.
Construction starts on long-planned South End affordable housing
Construction has started on Twelve03, the first building at Charlotte’s long-delayed Centre South project in South End. The 329-unit midrise is part of a mixed-use redevelopment tied to affordable housing, with completion expected in late 2028.
After nearly two decades, Manchester Parkade redevelopment begins. 'It's been a long time.'
Construction has begun on Silk City Commons, an $80 million, 232-unit mixed-use redevelopment of Manchester's former Broad Street Parkade site after nearly two decades of planning, setbacks and legal disputes.
Newtown finalizes 99-year Fairfield Hills lease for housing redevelopment
Newtown has finalized a 99-year lease with WinnCompanies to redevelop Shelton House and Kent House at Fairfield Hills into housing with some commercial space. The town says the deal could save more than $10 million in demolition costs, add tax revenue and move a long-delayed reuse plan into financing and planning review.
Segro rejects £12.6bn takeover bid from US data centre rival Prologis
Segro has rejected an all-share £12.6 billion takeover approach from Prologis, saying the US logistics giant’s 925p-a-share proposal materially undervalued the UK landlord. Prologis made the approach on June 16 and Segro’s board rejected it on June 23, according to reporting published on June 24. UK takeover rules give Prologis until July 22 to announce a firm offer or withdraw.
France's succession of scorching spells reignites the battle for window shutters in major cities
Repeated June heatwaves have revived the fight over shutters and exterior blinds in French cities, especially Paris, where heritage rules can block cooling upgrades residents say are necessary for livability.
Dee Why RSL submits $120m seniors-housing expansion plan
Dee Why RSL has lodged a $120 million proposal to expand its Oceangrove seniors living village in Dee Why with two new towers adding 103 units. The plan would require changes to local height limits and follows a 2024 rezoning push that drew about 90 submissions.
Lakesview Robina: 2,500 homes approved after affordable housing axed
Queensland has approved the Lakesview Robina development on the Gold Coast, clearing the way for about 2,500 homes after the project’s affordable-housing component was removed. Reporting says the original plan included 550 affordable homes, but the developer amended the application after late-May discussions with the state government. Deputy Premier Jarrod Bleijie defended the decision as a supply-first move, while the opposition criticised the loss of low-cost housing.
First Cathedral plans 146 housing units, daycare, new facilities in Bloomfield
The First Cathedral is moving ahead with a four-phase redevelopment of its Bloomfield campus that could add up to 146 housing units, a daycare and expanded church facilities. The first phase, 101 affordable apartments, is scheduled for Town Plan and Zoning Commission review on June 25.
Obama Presidential Center opens on Chicago's South Side amid displacement concerns
The Obama Presidential Center opened to the public in Chicago on Juneteenth after a June 18 dedication ceremony. The $850 million South Side campus is being celebrated as a civic landmark, while some residents and advocates warn it could accelerate gentrification and displacement.
Project Marvel update: City to finalize $91M in land purchases soon
San Antonio staff told City Council the city expects to finalize about $91 million in land acquisitions tied to Project Marvel, including a July Hemisfair closing and a separate negotiation for the former Institute of Texan Cultures site.
Obama Presidential Center subcontractors say they are owed millions ahead of grand opening
Subcontractors on the Obama Presidential Center project say they are owed millions as the Chicago campus prepares to open this week. The Obama Foundation says it paid the general contractor, Lakeside Alliance, and disputes direct payment problems, while the allegations raise fresh questions about the project’s close.
Manistee planners clear path for housing, warehouse uses on former industrial parcel
Manistee planners unanimously approved an amendment to a special-use permit at 170 Glocheski Drive, allowing MRK Investment Properties to separate a 2.88-acre southern parcel for possible warehouse and future residential development.
Construction begins on 150 apartments along Connecticut River in East Hartford
Construction has started on a 150-unit riverfront apartment project in East Hartford backed by state financing, bank debt and an eight-year tax agreement. The $47.5 million development is expected to open its first building for leasing in about a year.
Mortgage Rates Today, June 10, 2026: 30-Year Rates Fall to 6.55%
U.S. mortgage rates eased on June 10, 2026, with the 30-year fixed average at 6.55% and the 15-year fixed at 5.93%, according to Bankrate and WSJ Buyside. The move follows a stronger May jobs report and continued inflation pressure that have kept borrowing costs in the mid-6% range.