Trailing four-quarter sales reached $14.8 billion, even without two of the year's largest platform deals.

Stronger-than-expected demand and fewer deliveries are pulling vacancy down sooner than projected.

Owners with maturing loans are trading rates near 4% for rates near 5.7%, and Newmark says the cost will weigh on property values.

Starts dropped 64% year over year in the third quarter while net absorption hit its highest level since late 2021.

Rising grocery and housing costs absorbed income gains in 2025, and higher energy prices and tariffs could make this year worse.

Low overall delinquency masks differences among property types as 156 securitized loans approach repayment deadlines.

Sticky inflation could push the Fed to take back its 75 basis points of 2025 cuts and then some.

Goldman Sachs sees AI's economic boost nearing a peak, while Apollo questions whether the benefits are reaching businesses beyond big tech.