Data Centers & Power Crunch: CBRE says global data-center vacancy fell to record lows in 2026 even as construction surges, with the U.S. (Northern Virginia, Atlanta, Dallas-Fort Worth, Chicago) adding major new capacity—highlighting how AI demand is outpacing supply. AI Infrastructure Dealmaking: Chevron signed a 20-year natural-gas power agreement with Microsoft for its Pecos, Texas AI data-center campus, targeting up to 2.67 GW and scaling from 2028. Commercial Lending & Fraud Risk: Pennymac’s Policy Pulse flags how verification letters, AI compliance, retention rules, and decisioning tools are reshaping mortgage operations amid fix-and-flip trend shifts. CRE Financing Simplified: South End Capital rolled out a no-doc commercial real estate loan program (up to $500k with one-page application). Housing Policy & Homelessness: HUD’s Continuum of Care overhaul could shift New York City funding away from long-term housing toward short-term programs, with providers warning it may push households back to shelters or streets. Local Housing Approvals: Maui County Council approved first reading for Hoʻonani Village, a ~1,600-unit workforce housing plan on former sugarcane land near Kahului Airport. Construction Disruption: MoDOT plans a westbound I-64 lane change to access westbound I-70 starting June 25. Land Use & Border Wall Fight: A New Mexico diocese is challenging federal efforts to seize land for a border wall at Mount Cristo Rey. Energy Policy: The Interior Department paid Invenergy $765M to terminate offshore wind leases, continuing a pattern of settlements to unwind renewable projects. Homebuyer Affordability Angle: A report notes Americans are increasingly using secondhand housing as exchange-rate pressure and foreign demand shift markets.