The government shutdown impact on commercial real estate is proving to be deep and far-reaching, touching nearly every corner of the property market. While shutdowns often draw attention for their effect on residential sales and mortgage delays, the commercial sector faces a slower but more complex disruption—one that undermines investor confidence, financing, and long-term project [...]

The office market is beginning to show signs of life as vacancy rates shift into positive office absorption of square footage. Still, this recovery in office demand is not evenly distributed across the country. “Economic trends—whether it’s interest rates, job growth or inflation—have a direct impact on how businesses and investors approach commercial properties,” said [...]

Kennedy Wilson and Toll Brothers, Inc. announced Thursday that Kennedy Wilson will acquire Toll Brothers’ Apartment Living platform for $347 million. This landmark apartment deal will significantly boost Kennedy Wilson’s investment management platform and expand its rental housing operations, while enabling Toll Brothers to monetize a large portion of its apartment holdings. As part of [...]

A new analysis by the Sage Policy Group finds that real estate transfer taxes often create significant unintended consequences in U.S. cities where they’ve been implemented. Instead of generating stable revenue, the study concludes that these taxes can slow home sales, delay commercial projects, curb new housing construction, and ultimately fall billions short of revenue [...]

Fermi Inc., a data and energy real estate investment trust (REIT) co-founded by former U.S. Energy Secretary Rick Perry, is aiming for a $13.16 billion valuation in its upcoming initial public offering, according to its SEC filing. The Texas-based company recently unveiled plans for one of the world’s largest data center developments, designed to run [...]