CRE360 Pulse

Good morning —A snapshot of commercial real-estate capital flows, highlighting surging data center land demand led by Amazon’s record Loudoun County acquisition and Google’s rapid hyperscale leasing. Distress in U.S. commercial real estate continues to climb, with office and multifamily facing growing pressure. Major events like Vornado’s trouble at 650 Madison Avenue underscore vulnerabilities in core office markets. The brief outlines implications for operators, lenders, and investors as speed, power access, and refinancing risk shape today’s landscape.