Homebuilder group opposes Senate housing bill  

March 5, 2026 / no comments

A provision in a piece of Senate legislation is rattling a powerful homebuilder organization.  The National Association of Home Builders came out against a provision in the Senate’s ROAD to Housing Act, Bloomberg reported. It’s unclear if that opposition will have a material impact on the bill’s prospects, as it cleared a procedural hurdle on Wednesday with a 90-8 vote. The provision is attached to President Donald Trump’s push to ban institutional investors from the single-family housing market. The ban was added to the Senate’s bill at the behest of the White House, according to Sen. Tim Scott. Trump’s executive […]

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TPG Extends Loan On 900K SF Life Sciences Portfolio

March 5, 2026 / no comments

U.S. private equity firm TPG has triggered a second one-year extension on the loan secured against a €310M (£270M) portfolio of European life sciences properties, and it bought a significant portfolio in the medical real estate sector.
The maturity of a €189M senior loan has been extended to February 2027, a notice to investors who had bought CMBS bonds secured against the loan were told earlier this week. That is the last time the loan can be extended without bondholder consent. 
There is also a €76M junior loan secured against the portfolio. The loans were first extended in 2022, at which point the…

NYCHA has a squatter problem

March 5, 2026 / no comments

Hundreds of vacant New York City Housing Authority apartments intended for tenants instead became crash pads for squatters, sometimes doubling as bases for drug dealing and other crimes. More than 600 empty NYCHA units were illegally occupied between 2022 and 2025 as the authority’s inventory of vacant apartments ballooned, according to a report from the city’s Department of Investigation. The lapse came as roughly 165,000 households sit on the public housing waiting list, The City reported. The watchdog found NYCHA often didn’t verify whether supposedly vacant apartments were actually empty. Between January 2022 and May 2025, the number of units […]

This article originally appeared on The Real Deal. Click here to read the full story.

Uber expands again at Silverstein’s 3 WTC

March 5, 2026 / no comments

Uber is headed for an XL space at Silverstein Properties’ 3 World Trade Center. The ride-sharing service is poised to expand by 86,000 square feet at the Financial District tower via sublease, the Commercial Observer reported. The expansion was disclosed in a monthly office report from CBRE, which noted the deal has yet to be finalized. Should it cross the finish line, however, Uber’s footprint at the building will expand to 438,000 square feet, nearly a fifth of the property’s 2.5 million square feet of rentable space. It was only a year ago when Uber took an additional 44,000 square […]

This article originally appeared on The Real Deal. Click here to read the full story.