Legal & Regulatory

Of the total, $1.7 billion is a civil fine and more than $2 billion is redress to consumers.

Some of the developments relate directly to CRE.

'Having a multiyear runway with few changes on the radar screen has favored commercial real estate.'

Data privacy becomes a bigger issue in CRE and the organization wants Congress, not just the FTC, to be involved.

A four-hour minimum of daily nursing care would add $10B/year to operators' costs.

Between demographics, trends, and success in ballot initiatives, expect renters' interests to command increasing interest from politicians.

Affordable housing proposals saw varying degrees of success in the midterm elections.

Direct action and potential power shifts in states mean many in CRE could face an impact.