Office

Data from Trepp shows $6.2B in office properties traded hands in January 2025 alone—an 80% increase YoY.

Multifamily lending accounted for more than half of 2024’s CRE mortgage activity.

Washington joins California and Oregon in setting rent limits, fueling a national rent control movement.

Large-market, high-dollar property deals saw a 0.5% decline in Q125, while smaller, lower-priced transactions rose 2.6%.

After a short-lived reprieve, CMBS delinquency rates are back on the upswing, with multifamily loans and looming maturity defaults leading the charge.

While Manhattan’s flashy Class A towers remain packed, a surge in leasing is now targeting older, less glitzy Class B buildings.