Office

Over 12M SF of facilities changed hands, up 22% YoY, with the average price per SF rising 31% to $117.

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

Construction costs in New York hit $534/SF—highest globally—as labor shortages and trade pressures tighten U.S. supply chains.

The US apartment market absorbed over 227K units in Q2, surpassing even the pandemic-era highs of 2021 and early 2022.

BlackRock’s latest acquisition brings $7.3B in net lease real estate under its belt as it strengthens its private credit platform.

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