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Strong apartment absorption, a slowing supply pipeline and improved debt availability are strengthening the multifamily investment case, though rent growth remains sharply uneven.
A review found that many lease terminations were rescinded, already underway or still active, while DOGE did not account for relocation and potential termination costs.
Commercial and multifamily mortgage originations rose 16% year-over-year in the second quarter, led by strong gains in office and retail lending and a sharp increase in bank and CMBS activity.