Airbnb has launched the Airbnb Housing Accelerator, a new program pledging $250 million in last-dollar financing to unlock $5 billion in homebuilding capital. The scheme targets stalled housing developments, starting with a $6.4 million investment for 201 affordable units in Austin, Texas. Alongside capital deployment, Airbnb is supporting local policy reforms, launching a global housing index and establishing a $5 million innovation prize.
Global real estate manager Starlight Investments has secured £680 million in total capital commitments for its Starlight UK BTR Fund II and related investment vehicles. The capital will finance the acquisition and construction of more than 6,000 build-to-rent homes across the UK. Backed by international institutional investors and Homes England's National Housing Bank, the vehicle has already deployed funds into three major housing schemes.
Ayala Land is expanding its residential pipeline by introducing new lot offerings across master-planned estates in South and Central Luzon. Driven by end-user demand and normalised inventory levels, the launch spans new phases in Nuvali, Laguna and Lipa, Batangas, along with a fresh development in Tarlac's Cresendo estate. The projects benefit from regional economic activity and major infrastructure links, including CALAX and the North-South Commuter Railway.
UAE developer Arada has expanded into Queensland with plans for an AED5 billion twin-tower residential development in Broadbeach on the Gold Coast. Marking its first project outside New South Wales, the scheme will deliver 952 homes ahead of the 2032 Olympic and Paralympic Games. Arada’s subsidiary, Roberts Co, will handle construction.
Huong Viet Properties has teamed up with 32 strategic partners to launch Palm River, a new apartment subdivision within the 30.6-hectare Palm City development in eastern Ho Chi Minh City. Built on a 1.9-hectare plot with 60 percent green space, the complex comprises four 36-story towers. Construction began in June 2026, with handover scheduled for the first quarter of 2029.
Greystone Capital Advisors has arranged a $103 million bridge loan for Vantage Communities Inc. to refinance three residential developments in Central Texas. The floating-rate debt covers 864 Class A units across the Austin and San Antonio areas. Provided by Benefit Street Partners, the interest-only facility features an initial three-year term with extension options to support the portfolio through full property stabilisation.
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