President Donald Trump’s ever-changing trade policy has led pervasive uncertainty to take hold across the economy, with questions swirling about rising inflation and how the inevitable next set of tariffs will ripple across markets.
Federal Reserve Chair Jerome Powell, attempting to address the concerns of the market, resurrected a relic of the pandemic following the March meeting of the Federal Open Market Committee.

Inflation is getting worse and consumers aren’t happy about it, a pair of closely watched reports revealed Friday.
The core personal consumption expenditures price index, the Federal Reserve’s preferred inflation metric, was at a higher-than-expected 2.8% in February, up from 2.4% a month earlier. Consumer sentiment also fell 12% in the latest March reading, the third consecutive monthly decline, and consumer expectations of the future plunged 18%. 

The data center boom in the Southwest is drawing real estate developers eager to capitalize on surging demand. But navigating the market’s nuances and pitfalls — from securing power and water to overcoming land use challenges — isn’t easy, especially for new entrants.
“Nearly every large end user of data centers has planted their flag in Phoenix,” says Chad Riddle, civil and site development department manager with Colliers Engineering & Design. “You’ve got your Facebooks, Googles and Microsofts of the world — all the hyperscalers. They saw the opportunity and they put down their flags here.”
The Southwest continues to attract new…

A Polish video game company plans to quadruple its local headcount after receiving state tax breaks.
CD Projekt Red plans to hire 141 employees in Massachusetts over the next three years and make its Waltham office its North American hub, the Boston Business Journal reported.
The company, the creator of the Witcher and Cyberpunk 2077 games, currently has 42 full-time employees in the state after acquiring Massachusetts-based video game developer The Molasses Flood in 2021.
Along with the hiring, it plans to add another 9,100 SF of office space to its existing 14K SF location at 51 Sawyer Road in Waltham.
That 152K SF building is…

The nascent UK life sciences industry was already negotiating a slowdown in demand as diminished funding for companies chills the clamour for new space. 
Now the sector has another quandary to ponder: Artificial intelligence is quickly changing the way tenants use space, and that means the buildings being developed must change as well.

Microsoft has canceled leases or paused construction on several data centers in the U.S. and Europe as it taps the brakes on parts of its digital infrastructure expansion.

The Trump administration’s push to reduce spending is already having dramatic impacts on affordable housing developers across the country.
From executive orders targeting key sources of development funding to allowing some programs to run out of cash to dramatic staffing cuts, pressure points are building on the companies and organizations on the front lines of the housing crisis. 
“We use a mix of everything,” Desmonde Monroe, president and CEO of New York-based affordable developer The Monroe Group, told Bisnow. “If you take one away, it does hurt, because then we have to find that capital somewhere to close the gap.”

More than two years after then-Chicago Mayor Lori Lightfoot unveiled the LaSalle Street Reimagined initiative to breathe new life into old office space along the flagging corridor, the first approved office-to-residential project is underway.
Lagfin and R2 Cos. broke ground Thursday on 79 W. Monroe, a 117-unit project set for completion in the first half of next year.

Some rent-stabilized buildings have lost so much value that their owners literally can’t even give them away. But a key report released by the New York City Rent Guidelines Board on Thursday shows that the profit generated by buildings with regulated units has risen.

Collateralized loan obligation issuance tied to commercial real estate so far this year is on pace to trounce that seen in 2024.
Roughly $7.4B in commercial property-backed CLOs had been issued as of March 14, a 374% increase compared to the same period in 2024, Commercial Observer reported, citing Morningstar data. In all of 2024, just $8.7B in the same type of loan packages were issued.
New CLOs announced this month by Blackstone Mortgage Trust and TPG Real Estate Finance Trust indicate the trend is likely to continue as debt markets thaw.
BXMT announced it was launching its first CLO since 2021, a $1B…