Hospitality

Stronger absorption, resilient population growth, and upcoming debt maturities are reshaping the investment landscape.

Midtown’s tight supply and soaring rents are sending more office tenants Downtown, fueling Lower Manhattan’s strongest leasing momentum in years.

Four properties account for more than one-third of 2026 office CMBS issuance.

CRE investors want to deploy capital, but higher rates and stubborn pricing are keeping many on the sidelines.

Lower rents aren’t translating into affordability as renter incomes fall and housing costs rise.

Most September CMBS maturities are still current, but $688M in performing debt is flashing warning signs.