Hot inflation, soft growth, and a CRE market caught in the middle

About this episode

Cole Perry and Omar Eltorai discuss macroeconomic data and its implications for the commercial real estate market.

Cole Perry and Omar Eltorai dig into the latest macro data and benchmark today's landscape against some uncomfortable historical parallels. Drawing on three major economist surveys covering more than 100 forecasters, they also map out where there's consensus, where there's divergence, and what it all means for CRE performance and capital markets. Key moments: 00:48 Stat of the day: Commercial real estate pricing through the 1970s 02:29 70’s déjà vu 06:31 Hot PPI inflation 08:40 Fed holds rates 13:33 Housing sales slide 16:21 Wholesale inventories 18:56 Economist surveys outlook 26:19 Upcoming data and events 27:02 Catch us at the ARES conference Resources mentioned: Producer Price Index – February 2026 - https://www.bls.gov/news.release/archives/ppi_03182026.htm FOMC Rate Decision – March 18, 2026 - https://www.federalreserve.gov/newsevents/pressreleases/monetary20260318a.htm FOMC Summary of Economic Projections – March 18, 2026 - https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260318.htm New Residential Sales – January 2026 -https://www.census.gov/construction/nrs/current/index.html Advance Economic Indicators (Wholesale Inventories) – January 2026…

People in this episode

Host: Cole Perry

Guest: Omar Eltorai

Topics covered

• inflation
• commercial real estate
• economic forecasts
• capital markets
• historical parallels

Keywords

• inflation
• CRE performance
• economic surveys
• PPI
• housing sales

Mentioned in this episode

Organizations: Altus Group

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