Author: Rent Magazine Team
On June 11, 2025, Partner Real Estate was named one of the top-performing real estate teams in the country in the prestigious 2025 RealTrends Verified Rankings. The firm achieved the #1 position in California’s San Gabriel Valley, ranked #3 across California, and secured the #13 spot nationally, marking a significant milestone in its trajectory as a premier real estate powerhouse. Benchmark of Excellence in a Competitive Industry The RealTrends Verified Rankings, an authoritative benchmark for real estate performance in the U.S., evaluate brokerage teams based on transaction volume, sales success, and client satisfaction. Partner Real Estate’s stellar showing in the…
For the first time in a quarter-century, the United States is witnessing more office space being removed from the market through demolition or conversion than is being newly built. As of June 11, 2025, industry analysts and real estate experts are calling this a pivotal moment in the commercial real estate sector, one that underscores deep structural changes catalyzed by the rise of remote work and shifting urban needs. Office Conversions Outpace Construction According to commercial real estate services firm CBRE, 2025 is on track to see approximately 23.3 million square feet of office space removed through demolition or repurposing…
In a surprising shift within the Connecticut housing market, small towns are experiencing stronger real estate sales growth than the state’s larger urban centers. According to recent data released by Berkshire Hathaway HomeServices New England Properties, as of June 11, 2025, towns with fewer than 40 new listings in May saw a 1.7% increase in sales—more than double the 0.7% uptick recorded in cities and larger municipalities. Rural Revival Driven by Lifestyle Shifts The surge in small-town sales reflects broader lifestyle changes fueled by remote work, affordability concerns, and growing preferences for quieter, less congested communities. Towns like Windsor and…
On June 11, 2025, New York City witnessed a major shift in its housing policy landscape as the Fair Access to Rent Equity (FARE) Act officially took effect. Designed to curb the financial hurdles renters face when signing leases, the legislation places the responsibility of paying broker fees squarely on landlords in most residential leasing transactions. This move seeks to increase affordability and accessibility for renters across the city’s often unforgiving housing market. A Long-Awaited Reform for Renters Historically, broker fees in New York City have been a considerable financial burden for tenants, with charges often reaching thousands of dollars…
As technology continues to advance, the integration of smart home devices into rental properties is rapidly transforming the living experience for tenants across the United States. According to data released on June 10, 2025, by the Smart Home Market Index, landlords are increasingly turning to cutting-edge technology to make their properties more attractive to modern renters. From voice-controlled thermostats and smart security systems to energy-efficient lighting solutions, smart home devices are quickly becoming a standard feature in rental units, reshaping the way people live in and interact with their homes. The integration of these smart technologies is not only enhancing…
The rapid rise of property technology, commonly known as PropTech, is reshaping the rental market, revolutionizing the way tenants and landlords interact. As highlighted in a report from June 10, 2025, PropTech innovations are playing a pivotal role in streamlining property management, enhancing efficiency, and offering tenants and property owners a more seamless and enjoyable rental experience. By leveraging the power of digital platforms, automation, and artificial intelligence, the rental market is witnessing a major transformation that benefits both sides of the rental equation. One of the most significant advancements in PropTech is the development of digital platforms that automate…
The commercial real estate market in the United States is experiencing steady growth as businesses continue to recover and expand following the COVID-19 pandemic. According to reports released on June 10, 2025, leasing activity for office spaces and retail properties has significantly increased, particularly in suburban areas. This resurgence in demand reflects broader trends in the economy as businesses shift back to physical spaces while adjusting to the evolving demands of hybrid work models. One of the most significant changes in the commercial real estate sector is the resurgence of office space leasing. While remote work became the norm during…
The demand for rental properties in urban areas across the United States has seen a significant uptick as the nation’s economy gradually recovers from the effects of the COVID-19 pandemic. According to data released on June 10, 2025, by the National Association of Realtors (NAR), rental applications have surged in major metropolitan areas such as New York City, Los Angeles, and San Francisco. This resurgence is largely attributed to the changing dynamics of remote work, with many employees opting to return to city living after the initial shift to suburban and rural areas during the height of the pandemic. As…
On June 9, 2025, the city of Glendale, California, made a historic move by ending its contract with Immigration and Customs Enforcement (ICE) to hold detainees in local facilities. This shift reflects a growing resistance to federal immigration enforcement practices and prioritizes maintaining community trust. Glendale’s decision is seen as a step toward protecting civil rights and creating a more inclusive environment for its diverse immigrant population. However, the impact of this policy change may extend beyond law enforcement and civil rights—real estate professionals in the city are closely monitoring the potential ripple effects on the local housing market. As…
On June 9, 2025, Warner Bros. Discovery made a major announcement that it would split into two distinct entities. One company will concentrate on the booming streaming and entertainment studio sectors, while the other will focus on its established global networks such as CNN and TNT Sports. The move is being seen as a response to increasing shareholder concerns over executive compensation and operational inefficiencies. Warner Bros. Discovery hopes that this split will allow both companies to operate more efficiently and be better positioned for future growth. This decision to divide the company into two parts comes after months of…