NYC Housing Plan Backlash: A New York business leader warned that Mayor Zohran Mamdani’s proposal for 200,000 new affordable, rent-stabilized units could push developers and capital away, citing wage mandates and the threat of city action that could lead to property transfers to nonprofits. Residential Security Tech: Fast Guard Security Services launched a rapid background verification system for apartment buildings, condos, and HOAs, aiming to reduce unauthorized access and related legal risk. Local Housing Approvals (Ontario): Norfolk council gave final zoning approval for a Delhi, Ontario infill project of 56 homes and for revised plans tied to a Simcoe sand/gravel pit, while Waterford residents get a chance to comment on a scaled-down apartment proposal. Office-to-Residential Conversion: Declaration Partners and JBG SMITH plan to convert Arlington’s 2200 Crystal Drive into a 195-unit multifamily community, betting on continued demand for housing near National Landing. Sunbelt Development Push: S2 Capital launched a new development platform for multifamily and industrial projects, naming Carl Starry president of development amid expectations of a supply gap. Tokenized Real Estate Marketplace: Sabai Protocol rolled out Sabai Property to help developers sell tokenized, fractional-style offerings with digital onboarding and online payments. Healthcare CRE Finance: Greystone provided a $35M bridge-to-HUD refinance for a 102-unit assisted living portfolio in Southern California. AI in Hospitality: Worldie AI’s digital concierge is set to launch at Magic Moment Resort & Kids Club in Florida to capture more direct bookings. Market Pressure Watch (South Africa): TransUnion South Africa said households are already stretched, so the SARB rate decision may affect affordability, rental growth, and buyer demand.