Rebecca Picciotto

New York

Housing Reporter at The Wall Street Journal

politics reporter @cnbc | bylines also @wsj @northjersey

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Articles

Toledo Tops Housing Market Rankings, Battle of Home Buyers vs. Investors Making Ohio City a ‘Gold Mine’

2 weeks ago | wsj.com | Rebecca Picciotto

April 26, 2025 5:30 am ETThe struggle to find a cheap house in America is transforming some places with lower-priced homes into battlefields, pitting Wall Street landlords and other investor-owners against traditional buyers. That clash is helping boost home values in Toledo, Ohio, catapulting it to the top of The Wall Street Journal/Realtor.com Housing Market Ranking this quarter.
Slumping Housing Starts, Builder Earnings Signal Soft New Home Market

3 weeks ago | wsj.com | Rebecca Picciotto

Home-building giant D.R. Horton also signaled that the market for new homes is shaping up worse than anticipated. The company on Thursday missed earnings expectations and cut its full-year guidance, citing a slower selling season than it had hoped for. Stubbornly high home prices and mortgage rates have kept home buyers on the sidelines for months, forcing many builders to offer incentives and discounts to close their contracts.
Apartment Developers Who Overbuilt Luck Out With Tariffs

4 weeks ago | wsj.com | Rebecca Picciotto

April 15, 2025 5:30 am ETMultifamily owners are slogging through a historic glut of new supply. The biggest wave of apartment construction in 40 years has pressured rent prices, forcing landlords to offer months of free rent and other incentives to fill their units. Now, with the cost of imported materials poised to soar and construction labor getting harder to find, this crush of overbuilding suddenly looks like a lucky break for the multifamily industry. Copyright ©2025 Dow Jones & Company, Inc.
Apartment Developers Who Overbuilt Luck Out With Tariffs

4 weeks ago | wsj.com | Rebecca Picciotto

Multifamily owners are slogging through a historic glut of new supply. The biggest wave of apartment construction in 40 years has pressured rent prices, forcing landlords to offer months of free rent and other incentives to fill their units. Now, with the cost of imported materials poised to soar and construction labor getting harder to find, this crush of overbuilding suddenly looks like a lucky break for the multifamily industry.
Big Office Landlord Made $4 Million in Previously Undisclosed Payouts to Its CEO

1 month ago | wsj.com | Rebecca Picciotto

Paramount Group recently revealed funds used for chief executive’s jet company and his personal accounting servicesParamount Group, a big New York City and San Francisco office landlord, made at least $4 million in previously undisclosed payments for its CEO’s personal expenses and business interests, according to recent securities filings.
Major U.S. Landlord Morgan Properties Drawn to the Midwest by Apartment Shortage - WSJ

1 month ago | wsj.com | Rebecca Picciotto

Morgan Properties pays $501 million for more than 3,000 units, lured by the lack of supply and signs of job growth in the regionMorgan Properties, the country’s largest privately held apartment landlord, has agreed to pay $501 million for 11 multifamily properties across the Midwest, the latest wager that the region’s lack of supply provides fertile ground for rent hikes.
A Week in the Life of a Home Builder Tariff-Proofing the Business

1 month ago | wsj.com | Rebecca Picciotto

Neal Communities prepares for pricing changes while trying to keep costs downPat Neal and his team at home builder Neal Communities are bracing for President Trump’s potential tariffs. They have spent months trying to anticipate and prepare for the fallout. About 7% of the goods used in residential construction are imported, primarily from Canada, Mexico and China, which face Trump’s tariff threats.
特朗普想用联邦土地建房，计划可能是什么样？

1 month ago | cn.wsj.com | Rebecca Picciotto

特朗普(Trump)政府正在组建工作组，以确定哪些联邦土地适合建造平价房屋。此举标志着特朗普政府朝着其承诺迈出了第一步，即通过将土地转让或租赁给地方政府释放大片联邦土地，以缓解美国住房短缺问题。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How the Four Seasons Hit a Marketing Jackpot With HBO’s ‘The White Lotus’

1 month ago | kanebridgenews.com | Joe Flint |Rebecca Picciotto

Hotel operator’s risky partnership with a show that features murder and mayhem pays off with rising inquiries and occupancy rates.
How the Four Seasons Hit a Marketing Jackpot With HBO’s ‘The White Lotus’

2 months ago | wsj.com | Joe Flint |Rebecca Picciotto

Your browser does not support HTML5 video. 0:00Playing0:23 / 7:02Some brands would be wary of becoming the site of a grisly murder. But not Four Seasons, one of the world’s most exclusive hotel operators. Three of its resorts have played starring roles in each of the three seasons of “The White Lotus,” HBO’s twisted take on wealth, class, privilege and five-star hotels.