COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

A monthly summary of commercial real estate insights and analysis from Chandan Economics and our partners.

In July 2025, the White House passed its key tax and spending package, US trade talks grew more complex, and housing strains sharpened focus on Fed rate policy.

Geopolitical risks are primarily tied to U.S. commercial real estate through market volatility, energy prices, and the rising cost of U.S. debt.

June 2025 was marked by an acute rise in geopolitical tensions and Congress's efforts to advance President Trump's tax and spending bill. Nonetheless, critical signals from the US housing market and renewed concerns around risks to commercial property debt drew heightened scrutiny from CRE investors.