Affordable housing presents a paradox. The National Low Income Housing Coalition estimates the nationwide shortage at 7.1 million affordable units, with the majority of states having 40 or fewer homes available per 100 extremely low-income renters. Yet despite this high demand, new affordable product is increasingly difficult to build. Add up the potential impact of tariffs, high capital costs and an uncertain regulatory landscape, and affordable development becomes even hard to pencil out....

Suburban office properties and parks are generally weathering the office sector’s heightened vacancy rates, slumping property valuations and lagging sales volumes reasonably well in comparison to most of their downtown counterparts. The average suburban office vacancy rate was 17.1 percent in the fourth quarter of 2024, 50 basis points below the national average of 17.6 percent, according to Colliers’ quarterly office market report. CBD vacancy stood at 100 basis points above the national...