Sector: CMBS Market

After a post-pandemic slowdown, e-commerce is back on a steady growth trajectory, driving renewed demand for industrial space.

Midtown Manhattan’s Rockefeller Center is pursuing a $3.5B refinancing deal, seen as a potential bellwether for the overall office market’s direction.

Multifamily activity is rebounding as lower debt costs and higher cap rates attract sidelined capital, per Marcus & Millichap’s Q3 report.

Chicago’s rising appeal as a rental market is putting pressure on Miami, traditionally a dominant player.

After a steep decline in property prices, lower borrowing costs are drawing investors back to commercial real estate, hinting that the market may be reaching its bottom.

Commercial real estate investors believe we’re at a cycle bottom and that asset values have either already bottomed out or will before the end of 2024.