Foreclosures deferred by COVID-related policies that temporarily reduced risk are now showing up.

New inventory and active national pipeline lowest in the past decade.

The sharp rise in borrowing costs, however, has challenged deal-making.

Among all CRE property types, the industrial sector has the lowest share of potentially troubled loans.

In-place rents rose 7.6% year over year.

Nationally, net absorption continued to post losses in Q4 2023, driven most strongly by the West and East.

The two-tenths percentage rise snaps a six-month downward streak.

It's coming off a year when total investment volume was at its lowest point in 12 years.