Features

Bed Bath & Beyond to acquire real estate platform for $53M

Bed Bath & Beyond has entered into a definitive agreement to acquire Fathom Holdings Inc., a national technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings, in an all-stock transaction valuing Fathom at approximately $53.38 million. The acquisition accelerates Bed Bath & Beyond's vision to create the nation's first end-to-end homeownership platform by uniting Homeownership Transactions, Omnichannel Commerce and Home Services into a single homeowner ecosystem. Fathom's brands include Fathom Realty, the No. 17 U.S. brokerage by sales volume in 2025 with more than $15.7 billion in transaction volume, along with Encompass Lending, Verus Title, intelliAgent and Real Results. The combined platform is expected to provide Fathom with immediate access to millions of Bed Bath & Beyond customers at key moments in the homeownership journey, creating a seamless connection between home buying, financing, and furnishing, with the transaction expected to close in the second half of 2026. 

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Bass Pro Shops acquires top Florida fishing resort

Article 30: Bass Pro Shops Acquires Historic Cheeca Lodge & Spa in Islamorada

Summary:
Bass Pro Shops has acquired the Cheeca Lodge & Spa in Islamorada, Florida, a 27-acre, 254-room luxury hospitality location situated on the Overseas Highway between Key Largo and Key West, with JLL handling the transaction between Northwood Investors and Bass Pro Shops. Bass Pro Shops agreed to pay more than $300 million for the historic property, which opened in 1946 and has hosted legendary figures including former Presidents George H.W. Bush and Harry Truman, author Ernest Hemingway, and baseball Hall of Famer Ted Williams. Northwood Hospitality will continue to operate the resort, which has been expanded over the past 15 years with 43 premium oceanfront suites, 11 luxury casitas, a 10,000 square foot conference center, three restaurants, a Jack Nicklaus-designed 9-hole golf course, and a 525-foot fishing pier. Bass Pro Shops' acquisition reinforces the company's commitment to nature-based hospitality while uniting Cheeca Lodge with the nearby World Wide Sportsman Store & Marina to create a seaside adventure destination in the heart of the Florida Keys.

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U.S. Retail Supply Is Tightening, But Few Developers Plan To Build New Product

Only 64.2 million square feet of new retail space was under construction nationwide during the first quarter of 2026, a decline of roughly 8% from 70 million square feet in Q1 2025 and well below the 10-year average of 90 million square feet, according to CoStar Group data. The pullback in construction reflects a difficult development environment as sharp rises in land prices, construction costs, and interest rates over recent years have pushed required rents well above prevailing market levels for many retail formats. Beyond cost pressures, developers remain cautious following years of heightened supply risk awareness, while competition for sites from higher-density residential, industrial, and mixed-use projects further constrains retail development opportunities, particularly in infill locations. Despite tight construction pipelines, retail transaction volume reached $15.3 billion in Q1 2026, up 5% year-over-year, with national vacancy at 4.4% and institutional investors expanding allocations to the sector as retailers favor measured, capital-disciplined expansion strategies.

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