Commercial Real Estate & Business News – March 25, 2025

Phoenix is falling behind other U.S. cities when it comes to industrial construction as the Valley’s pipeline of new projects shrinks. Savannah, Georgia, had the most industrial real estate under construction during the first quarter of this year, followed by Dallas Fort-Worth, according to a new report from CommercialSearch…»

Rents have been on a decline in the top 50 metros for over a year, but low multifamily permitting activity is making way for higher rent prices, according to the Realtor.com February rent report. In fact, within the top 50 metros only 294,000 multifamily units were permitted in 2024, which is well below…»

U.S. commercial property lending rose last year, helped by a surge in loans from insurance companies. The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was 3.7% higher than at the end of 2023, according to the latest report from the Mortgage Bankers Association. The rise reflected…»

The momentum that young Americans once had in the housing market is now stalling, with new data from Redfin revealing that homeownership rates among Gen Z have remained flat in recent years. The report found that just over one-quarter (26.1%) of Gen Zers owned their home in 2024, a figure that has…»

It’s been a tough five years for office owners and investors. After Covid closures, the work-from-home and hybrid trends, followed by rising prices, elevated inflation and interest rates all caused pain. The good news is that the market may have hit bottom. Although not everywhere. But there’s been a…»