AGP Executive Report
Last update: 11 hours agoDubai Residential: Casa Vista says the first phase of its AQUORA development sold out before its unveiling; a second phase is now on offer, with handover planned for 2028. Homeowners Turn Landlords: More U.S. owners are keeping low-rate homes and renting them out when they move. But Fannie Mae rules require documented rental income and cash reserves to qualify. Market Outlook: Singapore home prices are forecast to rise 2%–4% in 2027, with added supply and selective demand expected to moderate growth. Development: Windhoek approved a 107-lot township amid rising housing demand, while a $50 million industrial park with two warehouses is planned near Virginia’s Richmond airport. Property Distress: A Kansas judge ordered a sheriff’s sale of Mission Gateway after its owner defaulted on a $46.24 million loan and failed to pay taxes; Bangor Mall was condemned amid mounting debt and lawsuits. Housing & Regulation: Community Preservation Partners acquired a 117-unit Georgia apartment complex for rehabilitation, aiming to preserve below-market rents. A judge also vacated the March 2027 trial date in Washington, D.C.’s rent price-fixing case against RealPage and landlords.
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