Retail sales in the United States have more than doubled since the global financial crisis. Over that same stretch, the industry added very little net new retail space. That gap between what consumers spend and what landlords can offer is the definin…
READ »A little less than half of the world’s institutional quality real estate sits in the United States. For a pension plan in Canada, a sovereign wealth fund in the Middle East, or an insurance company in Japan, that makes the US very hard to leave out o…
READ »Total returns on US commercial real estate have now increased for roughly 8 consecutive quarters. Historically, once total returns turn positive after a downturn like the one we just came through, they tend to stay positive. For anyone with capital t…
READ »For most of my career, the commercial real estate cycle ran on a predictable clock. Roughly ten years of expansion, a correction, a period of repair, then the next expansion. You could underwrite against that rhythm and be close enough. That clock st…
READ »The commercial real estate landscape at midyear 2026 presents a highly dynamic environment where long term stability is driven by granular asset management rather than macro valuation tailwinds. While select property sectors show clear signs of opera…
READ »The real estate investment trust sector has expanded into a massive force within the commercial property landscape, currently managing approximately 4.5 trillion dollars in assets across the United States. Remarkably, one hundred and seventy million …
READ »While the broader commercial office sector has faced speculation and some negative headlines over the past few years, there are distinct segments within the asset class that behave entirely on their own baseline. Class A space is behaving differently tha…
READ »If you've spent any time looking at commercial real estate lately, you know that the lines separating our traditional asset classes are blurring. We used to look at the market through rigid, isolated silos: office, retail, industrial, and multifamily. Bu…
READ »If you have been keeping an eye on the headlines over the last few years, you’ve probably heard a repeating chorus of doom and gloom surrounding the office sector. We’ve watched large towers experience massive valuation drops and demand plummet after COV…
READ »I recently had the privilege of being the keynote speaker at the Georgia CPA Conference to an in-person and online audience of financial advisors and accountants. We also produced an episode of America’s Commercial Real Estate Show in front of t…
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