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    (Getty; Illustration by Kevin Rebong for The Real Deal)

    Investor home purchases plummet 30%

    Investors took a hard pivot away from home purchases in the third quarter, as rising borrowing costs appeared to reverse the sector’s record activity in a matter of months. Investor home purchases dropped 30.2...

    Investor home purchases plummet 30%
    JLL Income's Allan Swaringen (Getty, JLL)

    JLL really wants to be a single-family megalandlord

    JLL’s appetite for single-family housing is growing, as an entity of the firm struck yet another pact with Amherst...

    JLL really wants to be a single-family megalandlord
    (Getty)

    Housing starts continue to fall amid mortgage rate peak

    Inflation and a downturn in the housing market continue to hinder homebuilding across the country. Residential housing starts fell...

    Housing starts continue to fall amid mortgage rate peak
    Homeward CEO Tim Heyl (Homeward, Illustration by The Real Deal with Getty)

    Power buyer Homeward cuts another 25% of staff

    Power buyer Homeward enacted its second round of layoffs in three months, trimming staff by another 25 percent. Founder...

    Power buyer Homeward cuts another 25% of staff
    Haven Realty Capital's Sudha Reddy, JPMorgan Chase's Jamie Dimon and Bella View in Atlanta, GA (Getty, Haven Realty Capital, JPMorgan Chase)

    JPMorgan aims to acquire $1B in single-family rentals

    JPMorgan Chase is taking another look at single-family rentals, partnering with Haven Realty Capital on a joint venture. The...

    JPMorgan aims to acquire $1B in single-family rentals
    Target's Brian Cornell (Getty, Target)

    Target plans 150K sf stores in footprint expansion

    Target is changing its tune on its stores’ square footage, announcing plans to focus on large-format stores. New locations...

    Target plans 150K sf stores in footprint expansion
    Tishman Speyer's Andy Burke and 17 William Drive (Tishman Speyer)

    Tishman Speyer, Mitsui Fudosan debut $500M industrial JV

    Tishman Speyer and Mitsui Fudosan America are embarking on a significant joint venture in the industrial real estate sector....

    Tishman Speyer, Mitsui Fudosan debut $500M industrial JV
    Brivo's Steve Van Till (Brivo, Getty)
    New York

    Brivo lands $75M after failed SPAC deal with Cheras

    Months after its attempt to go public in a deal backed by the Chera family fell apart, Brivo is...

    Brivo lands $75M after failed SPAC deal with Cheras
    Opendoor's Eric Wu (Photo Illustration by The Real Deal with Getty Images, Opendoor)

    Opendoor slashes 18% of staff

    Opendoor is slashing nearly a fifth of its workforce. The San Francisco-based iBuyer is laying off approximately 18 percent of its employees, chief executive officer Eric Wu announced in a blog post on Wednesday....

    Opendoor slashes 18% of staff

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