HECM broker endorsements continue tepid pace in May
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
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
External link. Real Estate Trail does not republish source content.
More from the wire
Re:InvestorHub Launches the First AI-Powered Operating System Built for Real Estate Investors
Re:InvestorHub is now generally available, unifying deal analysis, pipeline management, rehab oversight, and AI coaching in one platform for real estate investors — with a free trial and limited-time Founding Member p…
Bonaventure Acquires Ownership Interest in Chevy Chase MF Development
Bonaventure has acquired an ownership interest in Crescent at Chevy Chase, a 111-home community at 3929 Landmark Court in Chevy Chase, Maryland, from Landmark Realty, Inc., the Chevy Chase-based firm that developed th…
JLL Arranges $5.7M Refinancing for Colorado Springs Shopping Center
REBNY: Construction Filings Drop Sharply in Q2
New York City developers filed plans for approximately 9.2 million square feet of new construction across 387 new building filings in the second quarter of 2026, representing declines of 56% and 33%, respectively, fro…
NAI Hiffman Secures Full-Building O’Hare Industrial Lease
NAI Hiffman represented Prologis in the full-building lease of a 120,985-square-foot distribution facility at 951 W. Thorndale Ave. in Bensenville, Illinois. NAI Hiffman Vice President Paddy Dwyer, Executive Vice Pres…
Banyan Street, Independencia Refi South Florida Office With $54M
Banyan Street Capital and Independencia Asset Management have nabbed $53.5 million to refinance an office complex in Doral, Fla. Wells Fargo provided the financing that backs the 290,000-square-foot Doral Center prope…