Commercial Real Estate & Business News – April 8, 2025

Apartment rents across the United States are expected to accelerate at a quicker clip in the second quarter as demand remains solid and the number of units completed continues to slow. Nationally, year-over-year multifamily asking rents grew 1.1% this year through March, according to a report from Apartments.com, owned by CoStar Group…»

Apartment demand during the first quarter was well ahead of average, boosting sector fundamentals back into a more normal range, according to a RealPage analysis. The report noted that the recent generational apartment supply wave began to ebb slightly during the first quarter, which indicates that the impact of high supply will start...»

Fresh data from Colliers and MSCI reveals a positive February for commercial real estate sales, with overall volume up 30% year-over-year at $24.4 billion. Year-over-year price changes for office, industrial, retail, and multifamily (leaving out hospitality) were up 1%. On volume growth, every category was positive except industrial, which was flat at $5 billion…»

The Trump administration’s sweeping tariffs threaten to increase costs for building data centers needed to support artificial intelligence, a move some technology and real estate industry analysts said could disrupt a surge in development. A 25% tariff on steel and aluminum — materials used in these digital hubs — took…»

Arizona job growth was down over the year in January and February, according to an analysis. Arizona added 4,300 seasonally-adjusted jobs over the month in February, up from a revised increase of 1,700 in January. The preliminary estimate for January was an increase of 7,400. The state seasonally-adjusted unemployment rate…»