On-time rent payments hit 83.2% in August, adding to signs that the prolonged collection slump is easing.
Multifamily borrowers have more places to find debt, but refinancing troubled deals is getting increasingly expensive.
CRE rates remain cheaper than a year ago, but quarter-to-quarter relief has nearly disappeared.
Deal volume is rising, pricing gaps are narrowing, and investors are finding opportunity in smaller industrial and retail assets.
A Treasury buyback boost sent long-term yields lower, offering a potential glimmer of relief for CRE financing.
The multifamily rent slowdown may be ending as growth accelerates across more U.S. metros.
Dallas lost its six-year reign atop the CRE rankings as Northern Virginia rode the data center boom to No. 1.
CRE lenders modified $2.36B in loans over three months, with multifamily emerging as the biggest source of workout activity.
Higher yields haven't broken CRE pricing, but they're making the road back to a normal transaction market considerably longer.
New apartment supply is soaking up demand and pulling national vacancy lower, but stabilized properties are still fighting for renters.
