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Austin Is the Nation’s Best City for Renters in 2026
One in Four Maturing Multifamily Loans Now Fall Short at Refinancing
Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI
BXP’s $2B Midtown Office Tower Reaches Major Milestone
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Austin Is the Nation’s Best City for Renters in 2026
Austin Is the Nation’s Best City for Renters in 2026

Falling rents and a strong job market make Austin the country’s top city for renters, even as owners wait for demand to catch up to supply.

THE TAKEAWAY

One in Four Maturing Multifamily Loans Now Fall Short at Refinancing
One in Four Maturing Multifamily Loans Now Fall Short at Refinancing

Higher rates are quietly reopening the equity gap apartment borrowers thought they had closed.

THE TAKEAWAY

Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI
Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI

The private equity giant is treating computing capacity as its next great asset class.

THE TAKEAWAY

BXP’s $2B Midtown Office Tower Reaches Major Milestone
BXP’s $2B Midtown Office Tower Reaches Major Milestone

A major REIT is advancing a half-leased Midtown trophy tower into a market starved for new space.

THE TAKEAWAY

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