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CBRE says 23 MSF of office space will be removed in 2025—nearly double what’s being built. A pivotal year for US office real estate.

The number of $1M+ renter households has more than tripled since 2019.

BlackRock says CRE deal activity is rebounding, but with $625B in maturities and distress piling up, stability is far from guaranteed.

Despite big swings in individual markets, four major metros ended up with nearly identical permit totals.

Wall Street’s attention has shifted to the weakening housing sector, now seen as the most immediate threat to economic stability.