AGP Executive Report
Last update: 8 hours agoMixed-Use Development: Johns Creek’s 43-acre Medley has opened its first phase, with 340 rental homes, 133 townhomes, retail, restaurants and offices. A second phase will add 408 apartments, planned for 2027. Affordability: Just 19% of California households can afford a median-priced existing home, with an income of $228,000 required. Across the 50 largest U.S. metros, renting a starter home still costs less than buying, though the gap is narrowing. Investment: Essex paid $205.3 million cash for Hayward’s 476-unit Lincoln Landing, well above the East Bay’s average price per apartment this year. Dubai recorded Dh625 billion in real estate transactions in the first 10 months of 2026. Commercial Property: A private equity firm reportedly repurchased a Boston tower at a 68% discount after defaulting on its mortgage. Buyer Protections: Chandigarh’s consumer commission ordered attachment of a Zirakpur project to recover about ₹14.5 lakh after a builder failed to hand over a booked flat.
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