Sunbelt

Domestic migration slipped into the negative for the first time in decades.

Leasing may be cooling, but pre-leased builds are gaining serious momentum.

Leasing may be cooling, but pre-leased builds are gaining serious momentum.

With rent inflation down to 3.8%, the Fed has one less reason to rush rate cuts.

The overall special servicing rate rose by 27 bps MoM, marking the third consecutive monthly increase and a 225 bps surge YoY.

Owner-occupier deals—once a minor share of the office market—have surged since 2022. By 2024, these deals made up nearly 30% of office acquisitions.