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Latest Newsletter
ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty
Empire State Realty Trust has found a buyer for 250 West 57th Street, and the name attached to the deal says a lot about where Midtown office pricing stands right now.
CRE Is Recovering. A War and a Stubborn Fed Are Slowing It Down.
Commercial property values ticked up in March, but a war-driven Treasury surge is keeping the recovery on a very short leash.
The Office Market Just Had Its Best and Worst Quarter at the Same Time
Leasing is surging to post-pandemic highs while vacancy just hit a record — and both things are true at the same time.
Bank CRE Reserves Are Falling — But the Timing Could Not Be Worse
Just as lenders were starting to breathe easier on commercial real estate, the macro environment decided to make things interesting again.
Apartment Construction Has Literally Disappeared in 16 Major Markets
In 16 major U.S. apartment markets, there isn’t a single unit under construction — and in some of them, that’s starting to look less like a problem and more like an opportunity.
Texas BTR Is Tightening While the Rest of the Country Softens
While the national build-to-rent market works through its supply hangover, Texas is running a different playbook entirely.

