10Y UST4.96%-1.00%30Y MTG6.95%+2.81%SOFR3.87%+0.52%VNQ$91.99-1.95%XLRE$42.11-1.13%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Commercial Observer · New York · Land

The C-PACE Opportunity for Ground-Leased Properties

Via Commercial Observer · September 23, 2026
Compiled by Real Estate Trail Editorial · September 23, 2026

Why this matters

Land continues to behave as the highest-conviction long-duration bet in CRE. In supply-constrained luxury markets, replacement-cost-positive entitlements remain scarce; in growth-corridor exurbs, sponsors with patient capital are accumulating positions ahead of the next residential or industrial pipeline. New York continues to bifurcate sharply: trophy office leasing at record rents, commodity Class B in conversion discussions or court-supervised processes. Rent-stabilized multifamily remains supply-constrained and tightly held. The trade is a basis call, not an income call, and continues to attract family-office and high-net-worth capital that can hold through the cycle.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Commercial Observer:
Ground leases underlie some of the country’s most valuable commercial real estate. They are common in high-value markets such as Manhattan and are frequently used when land is owned by a university, public authority,…
Read the full article at Commercial Observer

External link. Real Estate Trail does not republish source content.

Related coverageNew York · Land