10Y UST4.96%30Y MTG6.95%+2.81%SOFR3.87%+0.52%VNQ$91.45-2.52%XLRE$41.84-1.76%FED FUNDS3.88%
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Walker Webcast: Amherst’s Sean Dobson on Housing: Rates, SFR and the “Cleavers”

Via Connect CRE · September 23, 2026
Compiled by Real Estate Trail Editorial · September 23, 2026

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

Excerpt from Connect CRE:
Amherst CEO Sean Dobson said there are plenty of reasons for caution in today’s housing market. The good news: He isn’t seeing a repeat of the Great Financial Crisis (GFC). Dobson spoke with Walker & Dunlop Chairman a…
Read the full article at Connect CRE

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