In September, the delinquency rate of office loans converted into securities increased to 8.36%, the highest rate since November 2013.

KKR and Energy Capital Partners have agreed to invest a combined $50 billion in data-center and power-generation projects to support the development of artificial intelligence.

The vacancy rate is stabilizing at a near record level of 13.8%, up from 9.4% in the fourth quarter in 2019. Since the second quarter of 2020, U.S. office tenants have vacated close to 209 million square feet of space, the highest amount ever for a four-and-half-year period.

SoftBank and Apollo Global Management are in discussions for creating a fund worth more than $20 billion to invest in artificial intelligence infrastructure including chip manufacturers and data centers.

A lengthy stretch of scant new construction of retail real estate, combined with demand from expanding retailers, has reduced a longstanding property glut. Retail availability sits near record lows.

Median new-home prices were down on a monthly basis for much of the past year. The most recent decline of nearly 5% in August brought them to roughly $420,000. Prices for previously owned homes, meanwhile, have hit record highs.

Only 30% of the office loans worth more than $100 million that matured this year were paid back on time, with the rest either getting extensions or defaulting. By comparison, 70% of loans worth less than $10 million were paid back on time—a sign that lenders are much more comfortable issuing smaller mortgages for now.

Home insurance premiums for mortgage loans of more than $1.5 million jumped 130% between mid-2020 and mid-2024. For mortgages of between $400,000 and $800,000, home insurance premiums increased 12% over the same period.

The value of commercial real-estate loans in foreclosure nearly tripled between January and August this year to reach $19.2 billion.

Only 7% of large tech companies require employees to be in the office five days a week, compared with 33% for all U.S. companies.