Thursday, May 28, 2026
On Tap Today
Permit surge: Florida counties cut permit review times from weeks to hours using AI to help them review and comment on building permits.
Management buyout: London startup Dwelly is raising $200 million to buy property managers and automate operations with AI.
Inference investments: A Miami private equity firm bets big on the next phase of AI infrastructure.
Today’s multifamily outlook webinar: Explore data and trends shaping multifamily rents, investment, and housing markets in H2 2026. Sign up
| The S&P closed at a fresh record of 7,519.12 Tuesday, led by Micron's 19% surge past $1 trillion in market cap. Brent dropped to $95, its lowest in over a month, on continued Iran deal optimism. But the overnight picture has gotten more complicated: Iran accused the U.S. of violating the ceasefire by striking targets near the Strait of Hormuz, and a Reuters poll of 47 strategists published this morning forecasts the S&P ending 2026 at just 7,620, only 1.3% above current levels. Nine of 13 respondents said a correction in the next three months is more likely than not. Conference Board consumer confidence fell to 93.1, with respondents citing gas prices and inflation. Futures markets are now pricing in a potential Fed rate hike later in 2026. For CRE, the Reuters poll captures the tension perfectly: equities have already priced in a peace deal, strong earnings, and soft-landing economics, but none of those are guaranteed. The S&P is trading at what the Street thinks is fair value right now, and any disappointment on the Iran deal, inflation, or consumer spending could trigger the correction that most strategists now expect. |
Development
Florida’s permitting system is being pushed to its limits by population growth, housing demand, aging buildings, and storms that can turn paperwork delays into months of displacement. In a state where rebuilding quickly can determine when families return home, permitting has become more than a government process. It is now critical infrastructure.
That pressure is making Florida a proving ground for AI-powered permitting. Swiftbuild.ai has already helped jurisdictions like Hernando County clear thousands of applications and cut average review times from weeks to hours, showing how much speed can be unlocked when software is paired with real workflow reform.
But the bigger lesson is not just that AI can read codes faster than people. It is that local governments and developers both have to rethink how they use it. The jurisdictions seeing the best results are breaking down departmental silos, while developers are learning that AI-written applications only help when they are accurate, reviewed carefully, and disclosed honestly.
Presented by Calix
Multifamily isn’t single family at larger scale nor is it equivalent to a large office setting. It’s a different networking problem all together. You’re supporting hundreds of units, shared amenities, constant move-ins/move-outs, and a fast growing number of connected devices per unit in close proximity to each other. That’s where a purpose-built solution is needed.
With the changing reality of resident expectations and devices, solutions that aren’t intentionally designed for multi-family can result in resident frustrations: devices that drop, roam unpredictably, or “switch” between networks inside their unit, creating tickets that look like resident error but are really network design friction. A purpose built multifamily solution is engineered to keep residents’ devices stable and predictable, even as the device mix changes (work laptops, smart TVs, speakers, thermostats, cameras, consoles – and whatever comes next). That’s how you protect resident experience while lowering operational noise.
Flash Poll
What’s the most common “device pain” you hear from residents?
Property Management Rollups Attract Hundreds of Millions in AI-Driven Capital
Private Equity Bets $1 Billion on AI-Ready Data Center Buildout
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