In today's episode, we explore the contrasting trends in the U.S. real estate market. The office sector grapples with rising tariffs and recession fears, leading to high vacancy rates and stalled construction. Meanwhile, the multifamily sector experiences a surge in demand, with record-breaking apartment absorption and rent growth. Join us as we delve into the factors driving these divergent paths and their implications for investors and local economies.

Sources:

https://www.commercialedge.com/blog/national-office-report/

https://www.marketplace.org/story/2025/04/14/the-office-real-estate-market-may-stall-on-tariff-uncertainty

https://www.helenadamsrealty.com/blog/state-of-the-company-april-2025--flourishing-in-a-fluctuating-market

https://fticommunications.com/whats-next-for-real-estate-in-2025/

https://www.statista.com/statistics/245054/us-vacancy-rate-forecast-for-commercial-property-by-type/

https://www.credaily.com/newsletters/tariffs-cloud-office-markets-long-awaited-comeback/

https://cssiservices.com/tariff-effect-real-estate/

https://www.wolfnest.com/blog/market-updates-april-2025

https://www.realestatenews.com/2025/04/17/buyers-back-off-sellers-face-reality-as-slowdown-continues

https://www.youtube.com/watch?v=TW3DV8yImY8

https://www.credaily.com/briefs/multifamily-sentiment-picks-up-in-q1-despite-uncertainty/

https://www.multihousingnews.com/multifamily-buyer-seller-sentiments-improved-decisively-in-q1/

https://www.graycapitalllc.com/midwest-multifamily-stability-increasingly-attractive/

https://eyeonhousing.org/2025/04/housing-starts-decline-amid-economic-uncertainty/

https://www.jpmorgan.com/insights/real-estate/commercial-term-lending/denver-multifamily-market-outlook

https://www.credaily.com/newsletters/multifamily-demand-defies-economic-headwinds-in-early-2025/

https://www.credaily.com/briefs/multifamily-resilience-continues-despite-economic-uncertainty/

https://www.wolfnest.com/blog/market-updates-april-2025

https://www.multifamilyexecutive.com/business-finance/business-trends/multifamily-demand-remains-robust-in-q1_o

https://www.lightboxre.com/insight/nine-figure-cre-deals-analysis-momentum-builds-across-property-types-in-march/