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Latest Newsletter
Loan Standards Stabilize, But Credit Demand Slips in Q2
Banks are easing up on aggressive tightening, but businesses and borrowers aren’t rushing to take on new debt.
September 12, 2025

The New Magic Number for NYC Developers is 99
NYC developers are shrinking projects to avoid costly wage rules under the new 485-x tax program.
September 11, 2025

Falling Lumber Costs Could Spell Trouble for the Broader Economy
Lumber prices have dropped 24% since early August, hitting their lowest level in a year.
September 10, 2025

CRE Financing Stalled as Rate Cuts Remain Elusive
Investors are still sitting out as policy shifts, election politics, and market volatility keep deal flow muted.
September 9, 2025

Office and Retail Rebound Buoy CRE Credit Ratings—For Now
Despite a sluggish economy, credit ratings in commercial real estate remain surprisingly resilient—thanks in part to a rebound in office and retail leasing.
September 8, 2025

Beige Book Shows Economy in Pause, CRE Still Searching for Momentum
The U.S. economy cooled this summer, as businesses and consumers across most regions pulled back amid rising prices, labor shifts, and growing uncertainty.
September 5, 2025