The market shows early signs of stabilization, but there were increases in delinquency and special servicing rates.

Cautious optimism for 2025 has given way to uncertainty fueled by tariffs and escalating global trade tensions.

The bill, if passed and signed into law, would let developers borrow more than four times the current per-unit top amounts.

The latest example is KKR's Real Asset division.

However, retail rent dynamics vary greatly by market and approach.

Expected ship traffic into U.S. ports has fallen sharply.

Many predictions are running between September and December.

CMBS issuance increased 21.7% from the previous quarter.