The 30-year fixed mortgage rate rose to 6.66% this week, marking its highest level in a year.

An analysis of 2023 data found that the wealthiest renters in New York City receive the largest discounts from rent stabilization. The top 25% of earners in rent-stabilized units save 33% compared with the median rent, while the lowest three income quartiles save between 15% and 22%.

Commercial real-estate mortgage loan originations in the first quarter were up more than 50% from a year earlier, driven in part by an 80% increase in loans from deposit-taking institutions.

Under the 21st Century ROAD to Housing Act, which passed into law last week despite President Trump’s refusal to sign it, investors who already own more than 350 family homes can’t buy any more from the existing housing stock. Eight large institutional investors were net sellers of more than 3,000 homes in the second quarter of this year, a fivefold increase in net-selling activity from the same period of last year.

In effort to soothe local opposition, architects plan data centers that resemble tech campuses or art museums, rather than bland boxes.

Brookfield is in exclusive talks to buy a 10% stake in Hudson Square Properties in a deal valuing the office complex at $3.5 billion. The deal would make Brookfield the long-term operating partner of the 13-building, 6.2 million-square-foot Manhattan portfolio.

Welltower spent more than $40 billion over six years to acquire tens of thousands of senior-housing units and now owns more than 2,500 senior-living communities, the most of anyone in the industry. Welltower’s market value has increased close to sevenfold to about $160 billion since 2020, making it the world’s largest publicly traded real-estate company.

Those who bought homes since 2022 now collectively pay an estimated $65 billion annually in avoidable mortgage costs. People with higher incomes and who are older are often the ones paying the steepest price.

Capital spending by five hyperscalers will be an estimated $741 billion this year, up nearly 75% from last year, fueling demand for resources. Economists expect the AI build-out to add to inflation over the next year.

The Trump administration’s Energy Department plans to offer $17.5 billion in low-interest loans for utilities to finance Westinghouse AP1000 nuclear reactors. The loans aim to speed up construction of 10 reactors in the U.S. by up to three years, with new AP1000s potentially online by 2035.