AGP Executive Report
Last update: 6 hours agoData Center Power Buildout: Blackstone is committing $5.34bn to fund five behind-the-meter natural gas projects with Williams, taking a 49% stake to supply electricity for North American data centers—another sign real estate demand is being pulled by AI infrastructure. Housing Affordability (US): Habitat for Humanity Seattle-King & Kittitas Counties completed Liberty Commons, a 58-home, transit-oriented affordable condominium development in Columbia City, aiming to scale homeownership in one of Seattle’s priciest areas. Real Estate Tech M&A: RealPage has finished its acquisition of Cherre to expand AI-driven property and portfolio analytics, linking property-level data with broader institutional insights. Foreign Judgment Enforcement (Mexico): Cabo Platinum moved to enforce a $30.2m Nevada judgment in Los Cabos, potentially targeting real property there if recognition is granted. Security & Property Risk (Spain): Burglars attempted to break into Lamine Yamal’s Barcelona-area home shortly after Spain’s World Cup semifinal win, with police reviewing security footage. Global Macro Pressure: The IMF cut its 2026 global growth forecast to 3% and blamed higher energy costs tied to Iran-related conflict—an economic headwind that can feed into housing and investment sentiment.
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