Today’s News 8-7-2025

Commercial and multifamily mortgage loan originations were 66% higher year-over-year in the second quarter of 2025 and up 48% from Q1, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. A rise in originations for office, healthcare and industrial properties led to an overall increase in lending volume. MBA reported a 140% Y-O-Y increase in dollar volume of office property loans, a 77% increase for healthcare properties, a…»

As we pass the midpoint of 2025, both the office and retail real estate sectors are showing signs of stabilization, albeit with distinct paths and pressures. While investor caution remains, strategic acquisitions and resilient demand are helping both asset classes find their footing in a recalibrated market. Office: Uneven Recovery, Opportunistic Buying: The office sector continues to navigate a slow and uneven recovery. With tech demand remaining muted outside of AI-related requirements in select gateway…»

Home Depot found a tenant to take over its massive 1.3 million square-foot warehouse in Goodyear that it put up for sublease last year, according to data from CoStar/Homes.com. The sublessor is a third-party logistics firm, CEVA Logistics, according to permitting documents filed with the city of Goodyear. The facility – Elwood Logistics Center – located at 16155 West Elwood Street – has 3,866 square feet of office space, 233 dock doors, 691 trailer parking stalls and 40-foot clear height. In 2021, Home Depot…»

A Minnesota-based affordable housing developer is doubling down on projects on the outskirts of the Valley, with three projects in the works that will bring more than 750 new units of affordable housing. Dominium, a developer with several large projects around the Phoenix area, acquired sites in Surprise, Casa Grande and Buckeye for new rental developments. The development in Surprise, called Allasso Ranch, will be located at Happy Valley Road and 147th Avenue. The project kicked off construction in June and the…»

The national market is cooling overall, but the pace and severity of the slowdown varies widely across regions, according to the latest Realtor.com July Housing Trends Report. The South and West are shifting decisively in favor of buyers, with rising inventory, deeper price cuts, and longer time on market. In contrast, conditions in the Northeast and Midwest remain much tighter. Nationally, active listings rose for the 21st straight month, homes took seven days longer to sell than last year, and 33 of the 50 largest metros…»