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CRE Distress Hits $116B as Office Debt Crunch Spreads
Commercial and Multifamily Mortgage Debt Continues Climbing in Q125
Multifamily Starts Sink to Lowest Point Since Fall 2024
Invesco Sees CRE Values Rising in 2025 Despite Tariff Turbulence
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

CRE Distress Hits $116B as Office Debt Crunch Spreads

Debt pressures and lender exits are stacking up fast, with the commercial real estate market bracing for more pain.

THE TAKEAWAY

Commercial and Multifamily Mortgage Debt Continues Climbing in Q125

CRE debt rose $46.8B in Q125, hitting a new high of $4.81T, says MBA.

THE TAKEAWAY

Multifamily Starts Sink to Lowest Point Since Fall 2024

Multifamily construction dropped 30% in May, but permits tell a different story.

THE TAKEAWAY

Invesco Sees CRE Values Rising in 2025 Despite Tariff Turbulence

A calmer credit environment may set the stage for moderate property value gains—even with policy noise in the background.

THE TAKEAWAY

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