COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

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.

In this briefing, we explore how multifamily growth has unfolded across the urban spectrum over the past 10 years — and why the space between suburban and urban markets deserves a closer look.

On-time rental payments in independently operated units fell again in July 2025 — another warning sign that the financial health of renter households is under stress.

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

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

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.

In this deep dive, we identify which US metro areas are best positioned for robust rent growth over the next year.

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.