News
Two Apartment Giants Merge to Form $52 Billion Rental Housing Operator
1+ hour, 16+ min ago (386+ words) Propmodo Equity Residential and Avalon Bay Communities announced a definitive agreement to combine in an all-stock merger of equals. Avalon Bay shareholders will receive 2. 793 shares of Equity Residential common stock for each share owned, resulting in Avalon Bay shareholders owning…...
House Strips Build-To-Rent Sell-Off Mandate From Housing Bill
19+ hour, 37+ min ago (228+ words) Propmodo The House passed a revised housing bill Wednesday by a 396-13 vote, removing a provision that would have required developers to sell newly constructed single-family rental homes within seven years of completion. The Senate version included that seven-year mandate, which…...
Why the World's Top Data Center Market Is Now in Texas
19+ hour, 57+ min ago (1259+ words) Travis Barrington is the co-founder and CEO of Propmodo, a media and research platform exploring how innovation is reshaping the built environment. Before launching Propmodo, he founded CRE. tech, one of the first companies dedicated to exploring the intersection of…...
Wildfire Smoke Is Becoming a Building Technology Problem
1+ day, 1+ hour ago (792+ words) Franco Faraudo has an MBA in entrepreneurship and has worked with a wide spectrum of technology and real estate organizations on their branding and content strategy. He has worked in real estate as an agent, manager, and investor. He writes…...
The End of Extend and Pretend
2+ day, 21+ hour ago (919+ words) Franco Faraudo has an MBA in entrepreneurship and has worked with a wide spectrum of technology and real estate organizations on their branding and content strategy. He has worked in real estate as an agent, manager, and investor. He writes…...
Quarterra's Apartment Sales Show Lennar's New Multifamily Strategy
2+ day, 23+ hour ago (456+ words) Propmodo Quarterra is marketing a 3, 746-unit apartment portfolio spread across seven states, continuing a steady stream of asset sales that has reshaped the company over the past two years. The portfolio includes 10 relatively new properties in markets including California, Texas,…...
Tech Companies Turn Washington Offices Into Public Engagement Hubs
2+ day, 23+ hour ago (292+ words) Propmodo Open AI opened a 14, 500-square-foot office on the fifth floor of the Gallup Building at 901 F Street NW in Washington on Wednesday. Chan Park, the company's head of global affairs, said fewer than a quarter of the square feet…...
Why 2027 Will Be the Biggest Year for Office Conversions on Record
3+ day, 17+ hour ago (1321+ words) Travis Barrington is the co-founder and CEO of Propmodo, a media and research platform exploring how innovation is reshaping the built environment. Before launching Propmodo, he founded CRE. tech, one of the first companies dedicated to exploring the intersection of…...
New York Property Owners Shoulder Half of City's Local Tax Take
3+ day, 18+ hour ago (217+ words) Propmodo Real estate taxes delivered $39. 6 billion to New York City coffers in fiscal 2025, a record that represented nearly half of all locally generated tax revenue. That total rose from $37 billion the prior year, with nearly 90 percent coming from the Real…...
San Jose's Bank of Italy Tower Begins a Second Life as Housing
4+ day, 1+ hour ago (562+ words) Choose from our free and paid membership options to get access to exclusive content, data, and insights. Address: 12 South First Street, San Jose, CA The conversion represents the kind of adaptive reuse project cities across the country increasingly say they…...