Refining Margins Widen and LNG Equipment Orders Land as WTI Settles Near $96
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. Houston transaction velocity has been concentrated in industrial and Class A multifamily in the energy corridor and inner loop. Office remains a basis play. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
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On the RET wire
- The seventh Houston story tracked on the wire in November 2026. All Houston coverage →
- Disclosed capital deal value tracked in November 2026: $2.7B across 8 reported transactions.
Computed from Real Estate Trail’s own tracked coverage
HOUSTON, Nov. 4, 2026 /PRNewswire/ -- Oil Market Daily News Commentary - U.S. crude futures covered a lot of ground on Tuesday and finished close to where they started. NYMEX WTI for December delivery traded between $…
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