560 billion reasons the US CRE market is finding its footing
About this episode
The episode discusses the recent trends and data in the US commercial real estate market, highlighting key sectors and insights from industry experts.
The CRE transaction market posted its first annual property count increase since 2021, industrial dollar volume surged 54%, and office may finally be finding a floor. In this episode of CRE Exchange, hosts Omar Eltorai and Cole Perry break down Q4 and full-year 2025 transaction data, pricing trends across major sectors and MSAs, and what the numbers say about where the market is heading. Featuring a special conversation with Phil Tily, Alex Jaffe, and Mike Amthor from Altus Group's advisory practice on valuation and performance trends across the ODCE Index. Key moments 01:28 Key stat of the day and macro backdrop 05:50 Q4 and full year transactions 09:12 Velocity and pricing trends 12:36 Subsector and deal size comparisons 14:13 Geographic winners and losers 19:15 Biggest surprises in 2025 21:48 Sector shockers: retail, industrial, office 27:21 ODCE data and Q4 returns 31:46 Apartments trends and outlook 35:20 Industrial markets and SoCal repricing 40:56 Office stabilization and green Shoots 46:58 Retail resilience and mark-to-market Resources mentioned Phil Tily: https://www.linkedin.com/in/phil-tily-7b9a9027/ Mike Amthor:  …
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