After several years of sluggish performance, commercial real estate may be shaping up as a value opportunity—especially as stock markets look frothy and investors question whether AI enthusiasm has gone too far. How CRE lost momentum: Institutional capital, once the primary driver of the CRE market, has largely remained on the sidelines. Even after five…

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Movements in bond yields are now the dominant force behind commercial real estate pricing—often outweighing the influence of GDP growth or inflation, especially in markets with tight cap rates. Bond yields as the main driver: Oxford Economics research shows that changes in yields exert a much stronger pull on valuations than traditional macro factors. For…

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Commercial mortgage-backed securities (CMBS) delinquency rates climbed to 7.03% in April — the highest reading since early 2021. By the numbers: Trepp reports a 38-basis-point increase from March and a nearly 200-basis-point jump year-over-year, bringing the total balance of delinquent loans to $41.9 billion. While 91.62% of loans remain current, early-stage delinquencies and non-performing balloon…

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