Real Estate

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$162.5 Million Acquisition Expands Senior Affordable Housing in Southern California

Eagle Partners, backed by Red Stone Equity Partners and JPMorgan Chase, closed a $162.5 million acquisition of The Hendrix and Hadley Apartments in Escondido, North San Diego County — 551 units of age-restricted (55+) affordable housing. The deal, Eagle's second preservation transaction, keeps the properties in the affordable housing pipeline rather than converting them to market-rate units. The apartments offer one- and two-bedroom residences near retail, healthcare, and community services.

The Golden Hour · Monday, March 23, 2026

Investors Still Account for 32% of U.S. Home Purchases — But Big Institutions Are Selling

Real estate investors purchased 32% of all single-family homes sold in Q4 2025, according to BatchData's Investor Pulse Report released March 23. While down slightly from 34% in Q3, this marks the third consecutive quarter above 30% — meaning nearly one in three homes sold went to an investor rather than an owner-occupant. Notably, large institutional investors (those owning 1,000+ homes) continued as net sellers for the eighth straight quarter, while smaller investors holding 1-5 properties now own 92% of all investor-held homes.

The Golden Hour · Monday, March 23, 2026

59% of Americans Fear AI Will Worsen Housing Affordability, Redfin Survey Finds

A new Redfin survey released March 23 reveals that 59% of Americans believe AI will eliminate jobs and make homeownership harder to afford, while only 30% expect AI to strengthen the economy. The concern spans party lines — 63% of Democrats and 57% of Republicans share the worry — representing rare bipartisan alignment. Additionally, 65% of respondents worry that tariffs will drive inflation and keep interest rates elevated, further constraining housing affordability.

The Golden Hour · Monday, March 23, 2026