Real Estate

.Linkhome Holdings launched Linkhome AI Ads on Dec 1 2025, an AI‑driven advertising platform for homebuilders, lenders, agents, insurers and related services. It introduced a performance‑based “Pay for Closing” model where agents incur no upfront fees and Linkhome takes a negotiated share of the commission only after a buyer closes, illustrating roughly $4,930 revenue per closed referral (based on a median $410,800 home price). Management expects advertising and performance‑based revenue to grow.

Extra Space Storage Inc. (EXR) declared a fourth-quarter 2025 dividend of $1.62 per share on its common stock, payable December 31, 2025, to shareholders of record on December 15, 2025. As of September 30, 2025, Extra Space Storage, a leading self-storage REIT, owned or operated 4,238 properties comprising approximately 2.9 million units and 326.9 million square feet of rentable space. The company is the largest operator in the U.S. self-storage market, offering varied storage solutions across the United States.

Fidelity National Financial (FNF) will distribute approximately 16 million shares (12%) of F&G Annuities & Life (FG) common stock to FNF shareholders on December 31, 2025, for shareholders of record on December 17, 2025. The distribution is intended to unlock shareholder value and increase market liquidity for FG shares. FNF anticipates distributing approximately six shares of FG for every 100 shares of FNF held. Fractional shares will be paid in cash. The distribution is expected to be a taxable dividend. No shareholder action is required.

The escalating demand for data is driving a new real estate frontier: “powered land.” Beyond traditional data centers, securing land with guaranteed access to substantial electrical capacity is now paramount. Hines estimates an additional 40,000 acres are needed to support projected growth. This has led to a focus on power infrastructure and entitlements, turning power rights into investable assets. Tech giants and energy producers are increasingly competing for powered land, reflecting energy security’s critical role in the digital economy. Investors are recognizing that enabling computation, not just building square footage, is key, with firms deploying capital to secure strategic sites globally.

Zillow has launched a real estate application within ChatGPT, allowing users to search for properties using conversational AI. Users can ask questions about housing options, explore listings with photos and pricing, and seamlessly transition to Zillow’s platform for viewings, agent connections, and financing. This integration streamlines initial property discovery by leveraging Zillow’s data and AI capabilities within the popular ChatGPT interface. The app supports various listing types and plans to incorporate new construction and 3D tours.

Walker & Dunlop expands its EMEA Capital Markets team with the hire of Aaron Knight as Senior Managing Director and co-head. Based in London, Knight will focus on sourcing debt and equity capital across diverse asset classes, including traditional and alternative investments. His expertise will drive Walker & Dunlop’s growth in the evolving European real estate market. This strategic move underscores Walker & Dunlop’s commitment to building a strong presence in the EMEA region.

Opendoor is undergoing a major transformation led by co-founder Keith Rabois and new CEO Kaz Nejatian, following investor pressure and leadership changes. Rabois plans to streamline operations, reduce headcount significantly from 1,400 to around 200, and reinstate in-person work. These changes aim to address profitability concerns and refocus the company’s strategy. While the initial market reaction was positive, analysts remain cautious about the underlying fundamentals and persistent cash burn. The company’s future depends on successful implementation of the turnaround plan.

Toll Brothers (NYSE:TOL) is opening a new phase of luxury single-family homes in San Antonio’s Shavano Highlands. Homes on 90-foot-wide lots range from 3,198 to over 5,184 square feet, with 4-5 bedrooms, 3.5-6.5 bathrooms, and 3-4 car garages. Prices start at $1 million. The gated community offers access to Salado Creek Greenway trails and is served by the Northside Independent School District. The high price point might limit the buyer pool.

Opendoor (OPEN) shares surged 50% after appointing Kaz Nejatian as CEO and Keith Rabois as Chairman, boosting investor confidence. The stock, up over 400% year-to-date, hit a 52-week high. The leadership change, following the previous CEO’s resignation due to investor pressure, is seen as a potential turnaround. Hedge fund manager Eric Jackson has actively supported Opendoor’s resurgence. Analysts are monitoring Opendoor’s ability to scale and manage inventory risk for long-term success.

Opendoor appointed Kaz Nejatian as CEO, replacing Carrie Wheeler, while co-founder Keith Rabois becomes chairman. The news triggered a 30% stock surge after hours, rebounding from a record low. Rabois and Eric Jackson had publicly criticized Wheeler’s leadership. The leadership change follows a period of high volatility, including a potential Nasdaq delisting and subsequent “meme stock” surge. Nejatian’s experience at Shopify is expected to benefit Opendoor’s platform. The company aims for sustained profitability in the challenging iBuying real estate market.