COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

The advent of the Department of Government Efficiency (DOGE) and looming budget cuts cast a cloud of uncertainty over local real estate markets that rely heavily on demand from federal employees.

On-time rental payments in independently operated units dropped meaningfully in June 2025 — offering a stark warning about the financial health of renter households in a high-uncertainty economic environment.

CPI rose just 0.1% in May, indicating that disinflationary momentum persists despite concerns about potential cost pressures from tariffs.