CRE’s mid-year market pulse: Rates, risks, and real assets
We share the key macroeconomic signals and policy decisions affecting commercial real estate as we move into the second half of 2025. From declining retail sales and builder sentiment to insights from the latest FOMC meeting, we explore how economic headwinds are influencing CRE strategy, pricing gaps, and transaction volume. Tune in for analysis on capital access, operational priorities, the evolving definition of real assets, and takeaways from the recent CREFC Annual Conference. Key Moments:01:16 Economic indicators: Retail sales05:02 Economic indicators: Housing data10:26 FOMC meeting highlights14:26 Summary of Economic Projections15:15 Major themes: Higher for longer16:20 Major themes: Price vs. value17:23 Major themes: Operations and cash flow18:38 Major themes: Lumpy transactions20:59 Major themes: Real asset merge24:23 CREFC Annual Conference Insights31:12 Upcoming Episodes and Data Releases Resources Mentioned:Advance retail sales: https://www.census.gov/retail/sales.html NAHB Housing Market Index: https://www.nahb.org/News-and-Economics/Housing-Economics/Indices/Housing-Market-Index FOMC Summary of Economic Projections: https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250618.htm CREFC Annual Conference 2025 – Key takeaways: https://www.altusgroup.com/insights/crefc-annual-conference-2025-key-takeaways/ Email us - altusresearch@altusgroup.comThanks for listening to the “CRE Exchange” podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property