Insomnia Cookies' Eighth Annual PJ Party Returns with Free Cookies and a Dream Dorm Giveaway
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
Guests who show up in PJs can score a free warm Classic cookie at every Insomnia Cookies bakery in the U.S. and Canada on Sept. 15 More than 170 campus bakeries will feature expanded celebrations, while one college st…
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