10-year treasury yields are higher despite the rate cut trajectory from the Fed, and while CRE prices have made some progress recently, some borrowers and lenders remain under pressure with property values still down from their peak and interest rates still elevated at this point in the rate cycle. For lenders that are taking the…

Consumer sentiment is shifting as inflation expectations stabilize and more consumers expect lower interest rates in the next 12 months, but after such a long period of economic uncertainty, confidence in the economy is more difficult to find. In the multifamily market, regional differences in apartment supply continue to impact rent growth, but investment activity…

Commercial real estate investment activity has not changed much since last month’s interest rate reduction from the Federal Reserve (nor has it had much time to adjust), but sales volumes will almost certainly improve in 2025, given the strong investment prospects for CRE assets at the start of a rate cutting cycle. For multifamily apartments,…