Market: National

Commercial real estate loan originations rose to $4.4B in Q3, driven by multifamily’s 76% YoY surge.

Lennar is launching Millrose Properties, a $6B spinoff REIT focused on land holdings, to implement its new asset-light strategy.

US retail closures surged 70% in 2024, driven by e-commerce competition and rising costs.

U.S. banks are ramping up CRE loan modifications, especially smaller ones, as rising delinquencies and fading “extend-and-pretend” strategies hit a wall.

Miami retains its title as the nation’s hottest rental market, but surging Midwest metros like Suburban Chicago and Milwaukee are heating up.

Commercial real estate optimism is rising, especially in apartments and industrial.