In our latest roundup, AI cuts disaster infrastructure losses, multifamily drives increase in CRE delinquency rates, commercial services firms lead in office and industrial leasing activity, and more!
- AI applications such as predictive maintenance and digital twins could prevent 15% of projected natural disaster losses to power grids, water systems and transportation infrastructure. (Robyn Griggs Lawrence, Construction Dive)
- U.S. hotel growth forecast has been downgraded amid continued underperformance and elevated macroeconomic concerns. (Noelle Mateer, Hotel Dive)
- Multifamily was the only major commercial real estate sector to post increases in delinquency and servicing rates in July. (Leslie Shaver, Multifamily Dive)
- Technology has been stepping in to address the needs of tenants, landlords and large multifamily operators, and now AI is turning that slow progress into a rental revolution. (Diana Olick, CNBC)
- Data center availability plummeted in North America during the first half of the year, with colocation vacancy rates dropping to an historic low of 2.3%. (Matt Ashare, CIO Dive)
- Commercial services firms saw success in office and industrial leasing activity, while major building control and automation companies worked through tariff impacts. (Joe Burns, Facilities Dive)