Lisa Pendergast, executive director of the CRE Finance Council, is calling on the Treasury Department and the Federal Reserve to pump between $250 billion and $300 billion into the $4.6 trillion commercial real estate market amid the coronavirus pandemic. So reports MarketWatch.

Commercial property transaction volume tumbled to $9.8 million in May, the lowest for a May since 2010, according to Real Capital Analytics. So reports GlobeSt.com.

Multifamily rents extended their nationwide decline in May despite what would typically be the height of prime leasing season, according to new research from commercial real estate data firm Yardi Matrix. So reports GlobeSt.com.