Housing Politics: Spain’s PM Pedro Sánchez called a snap election for Nov. 29 after parliament rejected emergency housing measures, as mass protests over affordability and evictions—sparked by the televised removal of an 87-year-old from her Madrid home—kept pressure on his minority government. CRE Lending & Refinancing: The commercial real estate maturity wall is looming, with lenders facing heavy 2026 maturities (MBA estimates $875B, 17% of outstanding balances), pushing more scrutiny beyond “extend and pretend.” Data Centers & Regulation: North American data center site selection has shifted from “find power” to a three-front fight over grid cost responsibility, water transparency, and local land-use accountability as states tighten oversight. Industrial Deals: CIP Real Estate keeps buying small-bay industrial/flex, adding the $60.65M Walnut Tech Business Center (92% leased) and topping $200M in acquisitions in three months. Risk & Compliance in Real Estate Services: Neighborhood Intelligence (formerly Bed Bath & Beyond) and Fathom Holdings mutually scrapped their merger over valuation concerns, while exploring collaboration instead. Global Mobility & Tax Planning: Family offices and advisers at Hubbis discussed how second residences/citizenship plans must be coordinated across residence, tax status, and next-generation mobility. Market Watch: Bloom Energy surged on momentum tied to data center power demand, and McDonald’s is rolling out neighborhood-level AI pricing that could reshape local retail economics.