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Washington Becomes Third State to Enact Statewide Rent Control
Small Markets Outpace Big Cities in Early 2025
CMBS Delinquencies Edge Higher in March as Maturity Pressures Build
Manhattan’s Class B Office Market Faces Tightening Supply
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Washington Becomes Third State to Enact Statewide Rent Control

Washington joins California and Oregon in setting rent limits, fueling a national rent control movement.

THE TAKEAWAY

Small Markets Outpace Big Cities in Early 2025

Large-market, high-dollar property deals saw a 0.5% decline in Q125, while smaller, lower-priced transactions rose 2.6%.

THE TAKEAWAY

CMBS Delinquencies Edge Higher in March as Maturity Pressures Build

After a short-lived reprieve, CMBS delinquency rates are back on the upswing, with multifamily loans and looming maturity defaults leading the charge.

THE TAKEAWAY

Manhattan’s Class B Office Market Faces Tightening Supply

While Manhattan’s flashy Class A towers remain packed, a surge in leasing is now targeting older, less glitzy Class B buildings.

THE TAKEAWAY

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