While Manhattan’s flashy Class A towers remain packed, a surge in leasing is now targeting older, less glitzy Class B buildings.
While some commercial real estate sectors showed faint signs of life, the Fed's latest Beige Book warns that growing trade policy uncertainty could stall progress.
Tens of thousands of Americans could lose their homes as a critical pandemic-era housing assistance program runs out of money.
Sunbelt areas are seeing elevated vacancies and downward pressure on rents, while slower-growth, high-barrier markets remain more stable.
Despite record capital inflows, Blackstone's real estate profits faltered in Q1, as geopolitical tensions and investor caution dragged on deal activity.
The company continues to show restraint in speculative building, reflecting caution in a sector facing oversupply pressure.
Developers who built during the 2023–2024 boom now benefit from completing projects before a fresh round of tariffs drives up material costs.
Over 138,000 units were absorbed in Q125—the highest ever for a first quarter—with nearly 460,000 units projected to be absorbed in 2025.
A strong first-quarter leasing surge may be short-lived as trade tensions and recession fears chill office demand.
