President Biden plans to ease the affordable housing shortage by pushing local governments to change zoning regulations, reports Reuters. U.S. schools are expected to be fully open for in-person instruction by September, according to new comments...

Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.

Retail, lodging/resort and apartment REITs posted the biggest gains in the first quarter.