Average monthly apartment rents in the U.S. edged higher in January, extending the modest rebound that began in December following several months of no growth or rent declines in the second half of 2025.
A consortium of real estate investors has put shovels in the ground at a long‑vacant site in Edmonton as the group moves ahead with plans to build 183 apartments in two six‑storey buildings in the first phase of a mixed‑use project that will add new rental supply to a fast‑growing market.
The massive transformation of one of Montreal’s most storied former industrial sites is two weeks from completing heavy demolition. Daniel Arbour, vice president of major projects at project partner Mach Group, describes the landscape of the former Molson Brewery as a “war zone” of industrial remnants.
Apartment developer StreetLights Residential, in partnership with the U.S. subsidiary of one of Japan's largest real estate firms, is getting ready to begin construction on a 20-story high-end apartment tower in Dallas.
CoStar adjusted its U.S. multifamily forecast to reflect that stronger near-term rent growth last quarter is now expected to be offset by a modestly softer outlook for renter demand in the second half of 2026, resulting in the elevated vacancy rate declining at a slower projected pace.
A real estate investment trust sold a 319-unit apartment complex located in a Virginia suburb of Washington, D.C., as the multifamily market of the metropolitan area has possibly entered a slowdown.
Birge & Held Asset Management purchased The Reserve at Williams Glen, a 268-unit multifamily community in Zionsville, Indiana, from Buckingham Management Company for an undisclosed amount.
Zagreb-based investment firm Prosperus Growth Sedam has received approval from the Zagreb Stock Exchange to acquire the remaining 1.1 million shares in Croatian hotel operator Medora Hoteli i Ljetovalista, or Medora Hotels & Resorts.
Winter Storm Fern wreaked havoc on U.S. hotel performance in the week of Jan. 25-31 as revenue per available room fell 4% on declining occupancy (-2.4 percentage points) and unresponsive average daily rate (+0.2%).
Cain International and UK housebuilder Olympian Homes have received Gateway 2 approval for a living development in Haymarket, Bristol, at St James House.
JLL appointed David Kristjanson as global life sciences industry lead within its project and development services group. The brokerage said Kristjanson will advise clients on location, design and related matters in regard to biotech facility projects. JLL said it is increasing services in the property category as the life science industry undergoes its most significant realignment since the original biotech boom of the 1970s and 1980s.
Property firm Ediston has unveiled plans to redevelop Glasgow's Egyptian Halls into a 70-bedroom apartment hotel with a food market after being appointed by the council as the preferred bidder.
On Sunday, the NFL's Seattle Seahawks face the New England Patriots in Super Bowl LX, marking a repeat of the Super Bowl matchup of 2015. This year, the Seahawks and the Patriots each come into the big game after a regular season record of 14-3.
