Investors purchased 204 distressed office buildings nationwide last year, up from 133 sales in 2024. Sales of these properties, which were auctioned out of bankruptcies or sold through foreclosures and lender seizure, came to $5.2 billion. In the first two months of this year, sales volume of distressed offices was $808 million, up 24.5% from the same period last year.
About 2.2% of rental listings on Zillow in November had previously been listed for sale. That’s the highest level since late 2022 when mortgage rates surged above 7%.
As many apparel tenants are shrinking their stores’ footprints, E-commerce sales accounted for 16.4% of total retail sales last year. This compares with about 8% in 2016.
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.
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.
