CRE Journal: 7/22/2025

Top Stories

• Slowing Construction Sets Up “Multifamily Reset” as Demand Stays Strong

• Boomers Now Hold Nearly 40% of U.S. Housing Wealth

• Apartment Concessions Shrink in Reach but Deepen in Value

• Housing Headwind Threatens U.S. Economic Outlook, Moody’s Warns

Retail

• Peppertree Plaza Retail Center Sells for $6.7M in Fresno, CA

• Strategic Partnerships Drive Growth in Pearland’s Retail Corridor

• Retail Tenant Highlights: Outback Steakhouse, State Bank of India and More

Office

• Return-to-Office Rebounds: June Sees Busiest Office Visits Post-Pandemic

• Fintech Company Expands HQ at World Trade Center, NYC

• Law Firm Announces Downtown Office Plans

Industrial

• Tortilla Chips Manufacturing Plant Breaks Ground East of Austin7

• Mapletree Makes Major Industrial Acquisition, Targeting East Coast Assets9

• Lincoln Property Company Expands Vegas Operations After Major Acquisition

Multifamily

• Hamilton Zanze Acquires Two Garden-Style Communities in Reno Metro (776 Units)

• Jonathan Rose Closes $660M Affordable Fund, Largest in Firm’s History

• Invesco, Bozzuto Launch $1B JV with Orlando Buy

• PGIM Real Estate Provides $132M Financing for Boston Multifamily

• Brett Kahn Joins Clarion Partners as Head of Multifamily Asset Management

Industry Insights

• New Construction Inventory at 9.8-Month Supply, Puts Buyers in Strong Position

• Fee Transparency Critical for Multifamily Operators

• Magic Mortgage Rate That Will Push Americans to Buy? New Survey Reveals

• Current National Average: 30-Year Fixed-Rate Mortgage at 6.74%

Events

• 5 Commercial Real Estate Events You Should Attend in 2025/2026

• California YIMBY’s Sponsored Housing Bills Advance

Meme of the Day

Video of the Day

Quote of the Day

"Success usually comes to those who are too busy to be looking for it." — Henry David Thoreau

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Till next time,

Daniel