US CRE Market Insights

July CPI drew conflicting interpretations, with Claudia Sahm calling it good news for disinflation that supports the Fed's hold under Kevin Warsh....

CBRE’s H1 2026 survey shows the all-property average cap rate remained essentially flat even as 10-year Treasury yields climbed above 4.6%.

-...

Bond markets may offer an attractive entry point for CRE investors as the selloff potentially peaks.

• US 10-year yields at 4.7% could ease toward...

CRE cap rates held steady in H1 2026 despite 10-year yields near 4.6%, with regional and asset-quality divergences driving pricing rather than broad...

Multifamily rent growth is splitting sharply by asset class. Stabilized Class A properties posted 1.9% annual gains while Class C rents fell...

Long-term Treasury rates remain too low even after in-line CPI and softer PPI data, with the recent rise reflecting yield curve normalization as the...

CRE capital markets are reopening with investment sales up 19% and debt originations surging 48% year-over-year through Q3 2025. Stabilized 10-year...

• Overall vacancy improved to 8.15% in Q2 as new deliveries absorbed most demand.
• Stabilized assets lagged, with vacancy rising 34 basis points...

CoStar's Phil Mobley describes a K-shaped office recovery where trophy properties see rising rents and occupancy while A-minus and B+ assets face the...

Cooling CPI at 3.4% overall and 2.5% core eases immediate rate-hike pressure on Warsh, yet his reduced forward guidance is already lifting long-term...

Newmark's CEO departure by year-end introduces brokerage leadership flux during uneven recovery.

• Berkshire's Taylor Morrison acquisition bets on...

National vacancy fell to 8.15% in Q2 as new supply was outpaced by absorption, yet stabilized vacancy rose 34 basis points year-over-year. Four- and...

US CRE's $225B expansion and 37.6% global share continue to lead worldwide markets, yet declining dominance , industrial overtaking office , and rising liquidity-driven competition now demand granular asset selection over broad sector bets.

A Quantitative Framework For Estimating CRE Cycles has been introduced by Oscar Aguilar, Rich Hill, and Armel Traore dit Nignan, providing a data-driven method to identify cycle phases for better investment timing and risk management.

Kevin Warsh's refusal to outline policy responses or engage on economic questions has fueled FOMC dissent and market confusion.

• Policy opacity:...

Hyperscalers are projected to issue $400 billion in debt next year despite 30-year yields at 5.20%, as AI capex hits $1.2 trillion.

• Their...

Seven of nine Howard Marks indicators read warm—including eager lenders, plentiful capital, and easy terms—placing CRE in a late-cycle environment...

Multifamily starts have dropped 52.8% from the Q3 2022 peak, with deliveries now following the same path.

• Quarterly deliveries fell 53.1% from...

Investor appetite for US commercial real estate remains robust in 2026, yet pricing data underscores selective capital deployment amid a K-shaped...

San Francisco posted the world's largest quarterly jump in prime office occupier costs, rising 8% in Q2 2026 as AI firms compete for scarce,...