Real Estate News 06/03/2025

Today’s News Synopsis:

In The News:

Forbes  – “Multifamily Real Estate: How AI Is Powering Smarter Investments And Asset Management” (06-02-25)

“If you’re not using AI to power your multifamily real estate investments and operations in 2025, it’s not too late to start“

Reuters – “Trump says US to retain oversight, guarantees in Fannie Mae, Freddie Mac spinoff“ (05-28-2025)

“U.S. President Donald Trump said on Tuesday that the U.S. government will retain its mortgage guarantees and oversight role for Fannie Mae , opens new tab and Freddie Mac , opens new tab as he works to take the U.S. mortgage finance firms public. “I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as President,” Trump said in a post, opens new tab on Truth Social.”

CNBC – “More office space is being removed than added for the first time in at least 25 years“ (06-02-25)

“More office space is set to be removed than added this year, shrinking the overall office footprint.”

Yahoo Finance – “Trump tariff promises have a familiar refrain: Deals in the ‘not-too-distant future’“ (06-03-25)

“Another week in Washington has seen more promises from the Trump administration of imminent trade deals, with a fresh suggestion Monday of a possible pact with India “in the not-too-distant future.””

Redfin – “New Apartments Are Sitting Vacant for Months, Giving Renters Power to Negotiate Concessions”(05-30-25)

“49% of newly built apartments completed in the fourth quarter of 2024 were rented within three months—the fifth consecutive quarter with an absorption rate below 50%.”