Daily News 8-25-2026

Delinquency rates for mortgages backed by commercial properties decreased during the second quarter of 2026. This is according to the Mortgage Bankers Association’s latest commercial real estate finance loan performance survey. Commercial mortgage loan performance improved during the second quarter, with delinquency rates declining across most major property types and capital sources. While office and lodging properties continue to face challenges and CMBS delinquency rates remain elevated relative to other lenders, the overall decline…»

After a soft first quarter, the retail sector regained positive momentum in Q2 as tenant demand returned, vacancies remained stable and new construction stayed limited. According to second-quarter reports from CBRE, Colliers, Cushman & Wakefield, JLL and Lee & Associates, the combination is creating a favorable setup for landlords and investors, even as retailers contend with increasingly selective consumers. Absorption. Retail demand returned in the second quarter, reversing the Q1 negative absorption created, in part, by multiple move-outs…»

U.S. industrial construction activity continued to moderate through June. Developers completed 135.5 million square feet across 616 properties nationwide, down 12 percent from the 153.6 million square feet delivered during the first half of last year. Compared to the same period in 2024, delivery volume fell almost 47 percent. However, activity was more concentrated in the markets at the top of the ranking. The 10 metros below accounted for 59.8 million square feet across 255 properties, about 44 percent of all industrial space delivered nationwide. Their combined…»

Phoenix-based Vestar has its eyes on another parcel of state-owned land where it wants to build a new retail project. It applied for a roughly 20-acre site at the southwest corner of Black Mountain Boulevard and Deer Valley Drive in the Desert Ridge area. The property is going up for auction November 5 with a $6,850,000 starting bid. The starting bid accounts for several roadwork improvements that the winning bidder will be required to undertake at the intersection, such as constructing additional turn lanes. That work will cost around $2,336,107, and was subtracted from the starting bid…»

In 77% of the Phoenix area’s ZIP codes, sellers listed their homes in July for less than they did last year. Why it matters: Some home buyers could be getting better deals than they did last year when mortgage rates were at comparable levels. By the numbers: Realtor.com’s July Market Hotness Index, based on listing views and time on the market, ranks Phoenix in the bottom third of the metro areas it tracks. On the supply side: Phoenix area homes are sitting on the market for 66.5 days — 9.5 days above the national average. But that’s three days shorter than last year…»