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Billions in Dry Powder Poised to Hit CRE Market in Late 2025
NYC Tops Global List for Construction Costs
Apartment Demand Roars Back, But Rent Growth Still Cooled in Q225
BlackRock Moves Deeper Into Private Credit With Net Lease Acquisition
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Billions in Dry Powder Poised to Hit CRE Market in Late 2025

A record $350B in dry powder is waiting on the sidelines, with pressure to deploy mounting.

THE TAKEAWAY

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

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