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However, resilience remained in the asset class.
With much attention on office and multifamily, retail has stabilized and shows a path forward.
"We're still seeing it stay in Savannah and Charleston and Florida."
A look at industrial's fundamentals.
"When interest rates went up, the tide rolled out on real estate as a whole."
The newest GSE requirements raise the question of what comes next.
It doesn't apply to large multifamily properties.
The more property owners need to know what office tenants need.
The ratings are based on metro populations and the performance of multifamily, office, retail, and industrial.
Knowing how such things can happen should help inform CRE investors.