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Story summary
- In October 2025, commercial real estate transaction volume declined for the first time since early 2024, with Moody's data showing $24.4 billion in sales, about 70% of October 2019 levels.
- Despite the decline, total sales volume remains higher than last year.
- Industrial and multifamily led transactions, while hotels grew 6%.
- Abu Dhabi Investment Authority (ADIA) sold the New York Edition hotel for $231.2 million to Kam Sang Company.
