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The Office Market Just Had Its Best and Worst Quarter at the Same Time
Bank CRE Reserves Are Falling — But the Timing Could Not Be Worse
Apartment Construction Has Literally Disappeared in 16 Major Markets
Texas BTR Is Tightening While the Rest of the Country Softens
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

The Office Market Just Had Its Best and Worst Quarter at the Same Time
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.

THE TAKEAWAY

Bank CRE Reserves Are Falling — But the Timing Could Not Be Worse
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.

THE TAKEAWAY

Apartment Construction Has Literally Disappeared in 16 Major Markets
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…

THE TAKEAWAY

Texas BTR Is Tightening While the Rest of the Country Softens
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.

THE TAKEAWAY

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