Commercial Real Estate & Business News 6-4-2025

After several years of deep distress, the beleaguered U.S. office market has reached an inflection point. This year, office conversions and demolitions will exceed new construction for the first time in at least 25 years. Simply put, more office space is being removed than added, shrinking the overall office footprint, according to exclusive new data…»

After years of pandemic-induced turmoil and mounting pressure on commercial real estate lending, banks are cautiously returning to the market—but the path back is anything but straightforward. The landscape they left behind has shifted dramatically, and the question now is whether banks can reclaim their former dominance and how long…»

Historically high inflation has put a strain on municipal budgets, with the rising costs of labor, goods and services, and materials. In general, local governments made it through the COVID-19 pandemic relatively well, with the help of billions of dollars in federal aid. The economic aftermath, however, continues. And some cities continue to struggle…»

This morning, the Eller College of Management hosted its annual Breakfast with the Economists presented by JP Morgan Chase. Held at the Westin La Paloma Resort, the event featured keynote speakers George W. Hammond, PhD, research professor and director of the Eller Economic and Business Research Center, and Anthony Chan, former chief…»

National Association of Realtors® Chief Economist Lawrence Yun has said that he believes home sales will pick up in the second half of the year and that national median home prices will grow 3% in 2025. Speaking at the Realtors Legislative Meetings in Washington, DC, on Tuesday, Yun argued that overall home prices will continue to grow…»