Subject: Research (RES)

Commercial Real Estate Direct Staff Report Freddie Mac's multifamily business generated $30.6 billion of volume during last year's final quarter, taking its full-year volume to $77.6 billion, a 17.6% increase from the $66 billion of volume it produced in 2024. ...

Commercial Real Estate Direct Staff Report The Philadelphia area office market recorded 113,422 square feet of negative absorption last year, according to Newmark, marking the area's fifth straight year of negative absorption. The chronic negative absorption, or the vacancy of ...

Simon Property Group, which owns 178 mall and outlet properties, was quite busy last year addressing debt maturities, completing $9 billion of deals, including $7 billion of mortgage refinancings and extensions.

Commercial Real Estate Direct Staff Report Fannie Mae funded $26.1 billion of multifamily loans during the final quarter of 2025, bringing full-year volume to $74 billion. The annual volume is a 34% increase from 2024, when the housing-finance agency funded ...

National monthly multifamily rents averaged $2,204/unit last year, growing by just 0.2% from the previous year, according to CBRE. It marked the third straight year of muted rent growth, following the 2021 and 2022 rent booms.

A total of $5.36 billion of CMBS loans were newly classified as being more than 30 days late with their payments last month. That more than offset the reclassification of another $2.64 billion of previously delinquent loans to performing and ...

Commercial Real Estate Direct Staff Report Leasing activity in the Houston office market slowed last quarter to 1.7 million square feet from 1.9 million sf in the third quarter, according to Cushman & Wakefield. For all of last year, 7.97 ...

The small-capitalization property sector appears to be firming up, with sales volumes increasing across the board last year. Cap rates have increased as well, except for industrial properties.

Commercial Real Estate Direct Staff Report Last year, 402,175 apartment units were delivered across the country, according to Cushman & Wakefield. At the same time, 355,628 units were absorbed, marking the fourth year in a row in which deliveries outpaced ...

Data center REITs underperformed equity REITs in general last year, an indication that while the sector has been all the rage, uncertainty prevails. That would appear, at first glance, to be counterintuitive.