A mixed batch of news broke today, with real estate pain, crypto skepticism, and a major geopolitical shift all landing at once — bad for commercial real estate, murky for Bitcoin, and a big change for US-Israel relations.

Brookfield walked away from a $600 million luxury apartment tower in Los Angeles, handing the building back to its lender just a couple years after it opened. High interest rates wiped out the firm's equity in the project, another sign that commercial real estate is still cracking under the weight of borrowing costs.

Bitcoin and stocks have historically rallied after past midterm elections, but that pattern is being met with doubt this time. Crypto is currently on a downward slide and the broader stock market hasn't even had its expected pullback yet, making a repeat rally look less likely in the near term.

In the biggest geopolitical story, Trump announced the US will end its roughly $4 billion yearly aid package to Israel by the end of the year, reportedly at Netanyahu's own suggestion, framing Israel as now strong enough to stand on its own. Separately, a cannabis company agreed to buy Aurora Cannabis in a $561 million deal, and Americans are voting today in the 2026 midterms.

Outlook: Watch for more pressure on commercial real estate values and more volatility in Bitcoin, while US-Israel financial ties are set to formally change by year's end.