If the well-off pull back, the economy could quickly fall into a recession.

In the next 10 years, people over 80 will increase by 50%.

Cap rates climb for most property types in Q4 CMBS lending.

Some 31% of hard maturity CMBS loans may face distress sales or alternative financing.

After a rougher second half of 2024, any change for the better is welcome.

CRE charge-offs will continue but most banks should be able to absorb the losses.

The number of starts in 2024 was the 11th year in a row topping one million.

Worries grow about rising inflation, high unemployment, and slow economic growth.