Is the CRE sector's torrent of troubles on its way to becoming a distant memory? Maybe not immediately, but there are signs that the current is changing direction and leaving the shoals of the past behind.
August was a month that confronted CRE players with conflicting economic signals, an uncertain labor market and concerns about consumer spending.
But the sector is heading into a strong September and a fourth-quarter following the Fed's announcement of its planned rate cuts, according to Lightbox's monthly CRE Activity Index for August, which measures shifts in property listings, valuations and environmental due diligence.
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