CRE’s Jenga Market: Why Commercial Real Estate Keeps Defying Gravity

CRE’s Jenga Market: Why Commercial Real Estate Keeps Defying Gravity

May 8, 2026 · 38 min · Season 1 · Episode 96

About this episode

The episode discusses the resilience of the commercial real estate market amidst various economic challenges.

Commercial real estate keeps pushing forward, even as the macro environment grows more unstable. Stocks are hovering near record highs, the 10-year Treasury remains elevated, oil prices are climbing, and geopolitical tensions continue to weigh on the markets. Yet CRE activity continues to surprise to the upside. In Episode 96, Manus Clancy and Dianne Crocker unpack why the market feels increasingly like a game of Jenga. Every week seems to remove another support block from the economy, ...

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