Commercial Real Estate

Miami – October 29, 2026 -- Admire Capital, the developer led by Founder and CEO Diana Ulis, now has projects in four South Florida neighborhoods, including an 83-residence Ritz-Carlton branded condominium in Fort Lauderdale. The portfolio spans a single-family home in Coconut Grove, a commercial and retail property in Wynwood, a waterfront home on Miami Beach's Sunset Island I and the Fort Lauderdale tower.

Fort Lauderdale tower places 83 residences on a 1.5-acre site

The Ritz-Carlton Residences Fort Lauderdale Beach will comprise two 13-story towers at 551 Bayshore Drive, between the Atlantic Ocean and the Intracoastal Waterway. Garcia Stromberg designed the project, Dan Fink Studio is handling interiors, and residents will receive The Ritz-Carlton's branded residential services.

DALLAS – October 29, 2026 -- United Real Estate has launched VPR | United, a Gulf Coast brokerage covering communities from Mobile, Alabama to Orange Beach, Gulf Shores and Destin, Florida, citing a 26% population increase in the Destin area between 2020 and 2024.

Atlanta's largest brokerage leads the expansion

Virtual Properties Realty is leading the move. The United Real Estate company was Atlanta's largest residential brokerage by homes sold in 2025, according to the Atlanta Business Chronicle. Jamie Mertz is Principal Broker of VPR | United.

Population data underpins the demand case

The Fort Walton Beach-Destin-Crestview MSA grew 26% from 2020 to 2024, according to the Florida Office of Economic & Demographic Research. The U.S. Census Bureau reports that the Daphne-Fairhope-Foley MSA expanded from 182,000 residents in 2010 to more than 260,000 today.

Düsseldorf – October 29, 2026 -- Landlords who have rented to the same tenants for at least 20 years collect an average net rent of €8.29 per square meter, against €16.20 on a new contract, roughly half. The figures come from the Vermieterspiegel 2026, published by property software provider immocloud with scientific support from EBS University for Business and Law. The study analyzed anonymized data from running leases in twelve large German cities.

Portals and rent indices miss the existing-lease gap

Property portals show only asking rents. The official rent index (Mietspiegel) covers only rents agreed or changed in the past six years. Neither source records what tenants in long-running contracts actually pay.

immocloud CEO Bastian Bauwens said many private landlords set rents without a reliable benchmark. He said the company can measure existing-stock rents because it manages more than 550,000 units.

CHARLOTTE – October 29, 2026 -- Quarterra has appointed Jeb Cox, whose career spans nearly 14,000 apartment homes and more than $2.1 billion in capitalization, as Managing Director of Development, Texas.

Cox takes charge of the full development cycle across Texas

Cox will oversee new multifamily development initiatives statewide and lead a divisional team through every project phase. Those phases are land sourcing, entitlements, capitalization, design and construction execution, optimizing marketability and operability, lease-up and disposition.

Cox brings nearly 20 years of institutional multifamily experience

Cox has spent nearly 20 years leading development of institutional-quality multifamily communities. He spent more than a decade at Mill Creek Residential before joining Quarterra, and previously served at Trammell Crow Residential and Creekstone Partners.

ATHENS – October 29, 2026 -- Greece Sotheby's International Realty has published closed-transaction data for the Ionian prime market, covering €200.8 million of completed sales on Corfu, Paxos, Lefkada and Kefalonia since 2018, including six sales above €10 million. The report, titled The Prime and Super-Prime Ionian Property Market, relies on sales the firm brokered itself rather than on asking prices.

Corfu accounts for €138.3 million of the firm's Ionian sales, five of them above €10 million

The Corfu record includes the island's two highest residential sales: a Kassiopi property sold in 2024 for more than €15 million and a Nissaki property sold in 2026 for between €14 million and €15 million. On Paxos, the firm completed the three highest prices ever paid on the island, the first just above €5 million. It also holds the highest-value sale on both Lefkada and Kefalonia. Its Private Office closed the Lefkada deal, at around €11 million, in 2024.

Austin – October 29, 2026 -- Summit Hotel Properties, Inc. (NYSE: INN) declared a third-quarter common dividend of $0.08 per share, an annualized yield of 4.6% based on the October 26, 2026 closing share price.

The same $0.08 amount applies per common unit of limited partnership interest in Summit Hotel OP, LP, the company's operating partnership. The quarter ended September 30, 2026.

Summit's board declares dividends on two preferred stock series

The board declared $0.390625 per share on the 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending November 30, 2026. It also declared $0.3671875 per share on the 5.875% Series F Cumulative Redeemable Preferred Stock for the same period.

Rancho Cucamonga – October 28, 2026 -- Standard & Poor's Global Ratings (S&P) has affirmed nonprofit affordable housing developer National CORE's A+ credit rating for a fourth consecutive year, citing EBITDA that nearly doubled year over year and operating margins above 20%.

S&P points to revenue growth that outpaced expenses

S&P's rating rationale lists six strengths: very strong management and governance, including stable leadership and a three-year strategic plan; revenue growth that materially outpaced expenses; operating margins above 20%; a growing fee-managed portfolio; a geographically diverse portfolio; and extremely strong liquidity.

National CORE became only the second nonprofit affordable housing developer in the U.S. to secure an A+ rating from S&P in 2021. The following year it issued $100 million in social bonds, opening a new source of capital for housing acquisition, development and rehabilitation.

DANIA BEACH – October 28, 2026 -- FirstService Residential, which describes itself as North America's leading residential property management company, has released the Los Angeles episode of its Skyline Sessions series, featuring four executives from development, architecture, design and property management.

Four industry leaders anchor the Los Angeles episode

The panel includes Mike Leipart, co-founder and managing principal at Redeavor; Yu-Ming Wei, AIA, principal at HED; Tiffany Hannah, executive vice president of High-Rise at FirstService Residential California; and Sebastian Salvadó, creative director and partner at RIOS.

Skyline Sessions covers luxury high-rise communities across North America. Each episode focuses on a single market and examines the trends, challenges and changing resident expectations shaping luxury residential living there.

United States – October 23, 2026 -- Home affordability remains strained in the third quarter of 2026 as mortgage rates rise, even with lower prices and stronger wage growth, according to ATTOM's Q3 2026 Home Affordability Report.

Rate increases outweigh price and wage gains in ATTOM's Q3 2026 affordability data

The report finds that higher mortgage rates are offsetting two factors that would normally ease buyer pressure: lower home prices and stronger wage growth.

ATTOM tracks flipping returns and foreclosure starts across metros and states

ATTOM's Q2 2026 U.S. Home Flipping Report ranks the 10 metros with the largest annual increases in home-flipping return on investment. Its August 2026 U.S. Foreclosure Market Report lists the 10 states with the largest annual increases in foreclosure starts.

Los Angeles – October 22, 2026 -- Property ID Corporation has launched Entitlements Home Disclosure through NakedHouse.ai, a report that puts zoning-based development rights into the real estate transaction at the time of listing.

Report covers expansion limits, accessory units and permitted uses

The report examines allowable expansion, additional accessory dwelling units, building-height limits, setbacks and permitted uses. Property ID says these details can materially affect how buyers evaluate a property, yet they are often missing when a purchase decision begins. Finding them has traditionally required lengthy research, visits to government offices and a working knowledge of zoning regulations.