Commercial real estate listings: Crunch, international market and Woody's come to Glen Lea Centre
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
External link. Real Estate Trail does not republish source content.
More from the wire
KBRA expands CMBS surveillance offering with Benchmark 2025-V18 report
KBRA expands CMBS surveillance access through premium subscription report
KBRA affirms ratings on GSMS 2019-GSA1 CMBS deal
Is Prop 45 a Quick Fix to California’s Slow Construction Pace?
The Golden State’s perpetual morass when it comes to quick development has been generating all the wrong kinds of headlines. In addition to the growing issues with housing production and affordability, it seems like a…