Sector: Real Estate Investment

As office vacancy rates hit record highs and property values plummet, developers are turning empty office buildings into much-needed residential spaces.

Over 500K apartment units are projected for 2025—the highest since 2008—with NYC leading deliveries at 35K units.

NYC just greenlit a $5 billion plan to build 80,000 homes, tackling its worst housing crisis in 50 years with sweeping rezoning and infrastructure investments.

Commercial real estate activity has plummeted, hitting its lowest levels since 2011, with no clear bottom in sight.

Distressed CRE sales aren’t as bad as most expected, causing opportunistic and distressed funds to flag while direct lending thrives.

FHFA ups Fannie Mae and Freddie Mac loan caps by 4% for 2025 to boost rental housing support.