Banks are likely to spend the next several years reducing CRE exposures.

E-commerce, supply chain needs continue to drive industrial demand.

The median home payment reached the lowest level this year at $2,534.

High yields have climbed for marginal buildings despite thin office sales volume.

New deliveries, though, continue to accelerate.

Lower rates could spur household formation that will impact the retail and industrial sectors.

This represents the biggest credit crunch for homebuilders in more than a decade.

Older office stock has lost the equivalent of Manhattan in absorption since COVID-19.