Corporate landlords own 90.2% of New York City’s multifamily housing stock, while Individuals own the other 9.8%.

Retail leasing by service-oriented tenants outpaced goods-based retail leasing for the first time ever, a reversal driven in large part by a proliferation of salons, spas and fitness studios. Service-based tenants leased just over 50% of total retail square footage in 2025. Fifteen years ago, service tenants accounted for only 40% of total leasing.

Gen Z’s retail-spending growth is outpacing all other generations with the generation’s global annual retail spending expected to exceed $12 trillion by 2030. The cohort also spends a greater proportion of their discretionary dollars in physical stores than older generations.

Exxon Mobil plans to move its legal home to Texas from New Jersey, joining other companies that have flocked to the Lone Star state in search of a more business-friendly environment.

The U.S. Senate is aiming to restrict the industry that builds homes to rent them. Senators recently inserted a new provision in their latest housing legislation that would require large single-family home investors to sell their newly built rental properties to individuals within seven years of completing them.

Housing supply currently sits at 7.6 months. Anything over six months typically cues a buyer’s market, giving shoppers more leverage to negotiate for concessions.

Homebuyers need to earn at least $111,252 per year to afford the median-priced home, based on December data. That’s still well above the median household income of just over $86,000, but it’s down from $115,870 in 2024 and $120,609 in 2023.

Total issuance of CMBS reached roughly $125.6 billion in 2025, up about 21% from the prior year and the highest annual volume since before the financial crisis.

More than half of the roughly $100 billion of commercial real-estate loans packaged into securities and coming due this year are unlikely to repay at maturity. That compares with a maturity payoff rate of about 75% in 2024 and 2025 and more than 80% in 2023.

The delinquency rate for office loans in commercial mortgage-backed securities climbed to a record 12.34% in January, the highest level since 2000.