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06 Jul
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RISING STAR
NYC Tops Global List for Construction Costs

Construction costs in New York hit $534/SF—highest globally—as labor shortages and trade pressures tighten U.S. supply chains.
THE TAKEAWAY
Apartment Demand Roars Back, But Rent Growth Still Cooled in Q225

The US apartment market absorbed over 227K units in Q2, surpassing even the pandemic-era highs of 2021 and early 2022.
THE TAKEAWAY
BlackRock Moves Deeper Into Private Credit With Net Lease Acquisition

BlackRock’s latest acquisition brings $7.3B in net lease real estate under its belt as it strengthens its private credit platform.
THE TAKEAWAY
MSCI: Multifamily Faces Steepest Price Drop Since 2008

Multifamily real estate is under strain as price declines accelerate and rent growth fails to pick up—even during peak leasing season.
THE TAKEAWAY
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