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REAL ESTATE SHOW
Your source for expert insights on commercial real estate. Tune in each week as industry leaders, economists, and market experts break down the latest trends, forecasts, and strategies to help you stay ahead.
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CRE 2026 Insights: Evaluating REIT Performance, Sector Dynamics, and Structural Advantages
The REIT sector now manages about $4.5 trillion in U.S. assets, and roughly 170 million Americans live in households invested in these structures. So when I sat down with Edward Pierzak, PhD, Senior VP of Research at Nareit, on America's Commercial Real Estate Show, the goal was simple: figure out where listed real estate actually stands at midyear 2026, headlines aside.
The short version is that REITs have been resilient. They absorbed the 2025 tariff friction and the early-2026 geopolitical volatility without the sustained pullbacks that marked past cycles, and they kept outperforming the broader equity indices as the year went on.
Two valuation gaps are driving the current opportunity. As the tech rally lost steam, capital rotated back into stable, income-producing sectors, closing the public pricing gap. The bigger dislocation is between public REIT stocks and private appraised values, which have sat effectively flat for nearly three years at cap rate levels last seen in late 2021. Those static private marks no longer reflect the actual economics, which opens real arbitrage for sophisticated public managers.
Office is the clearest example of why the broad-brush narrative fails. Office is not dead. It is bifurcated. The newer, amenity-rich, well-located buildings, the kind REITs tend to own, are performing well, and office is the only traditional property type where active managers currently hold a deliberate overweight.
Unlocking Stability in the Office Market: The Resiliency of Government Leased Real Estate
While the office sector has faced negative headlines, government leased buildings continue to perform on their own baseline. Michael Bull, CCIM shares insights from his conversation with Easterly Government Properties CEO Darrell Crate on why these assets stay stable, what DOGE actually meant for lease cancellations, and how state leases compare to federal GSA deals.
The Great CRE Convergence: Navigating the New Playbook for Real Assets
The old playbook of siloed asset classes is fading fast. Michael Bull sits down with PwC's Tim Bodner to unpack why real estate, infrastructure, and technology are converging, what higher for longer rates actually mean for deal discipline, and why AI is set to reshape how the industry operates rather than replace the people running it.
Client Real Estate Strategies
The commercial real estate headlines don't always tell the full story. For business owners, investors, and their advisors, that gap is where the opportunity lives.
At a recent keynote at the Georgia CPA Conference, Michael Bull, CCIM shared several strategies generating real results in today's market — from office users building equity instead of paying rent, to sellers leaving millions on the table by bundling real estate into a business sale.
Navigating the New Frontier of CRE Market Analysis: A Look at IntelliSite and Custom AI Integration
If you've worked in commercial real estate for any length of time, you know STDB. What you might not know is that it's been completely reimagined.
STDB has officially relaunched as IntelliSite, and the upgrade is substantial. Built on Esri and ArcGIS technology, the platform now combines advanced GIS mapping, void analysis, and a built-in AI assistant that lets you query complex demographic data in plain English.
For brokers, investors, and advisors looking to move from data overload to clear, visual market intelligence, it's worth a closer look.
Foreign Investment Trends in U.S. Commercial Real Estate (2026 Outlook)
Foreign investment in U.S. commercial real estate is holding strong as we head into 2026, with global investors continuing to view the U.S. as a safe and stable place to deploy capital. This outlook explores investor sentiment, top risks like regulation and energy availability, and where capital is flowing across multifamily, industrial, and office sectors. It also highlights key markets—including Atlanta—and how shifting demographics, pricing adjustments, and evolving strategies in debt and equity are shaping new opportunities for international investors.
The Future of the U.S. Office Market: Trends, Pricing, and Outlook for 2026 with Phil Mobley
The U.S. office market is entering a new phase—one defined by pricing discovery, shifting demand, and renewed investor interest. In this deep dive, Phil Mobley breaks down the latest trends in transaction volume, vacancy rates, and office valuations, while sharing what to expect heading into 2026. Whether you're an investor, broker, or occupier, this analysis provides the clarity you need to navigate today’s evolving commercial real estate landscape.
Retail Real Estate in 2026: Transaction Volume, Cap Rates, and Investment Trends with Jim Costello
Retail real estate is seeing renewed growth in 2026, with rising transaction volume, stabilizing cap rates, and strong investor interest. Shopping centers are leading the way as limited supply and improving fundamentals drive opportunity, while economic factors continue to shape the outlook.
Emerging New Real Estate Cycle with Josh Pristaw
Discover why industry leaders believe commercial real estate is entering a new cycle in 2026. Insights on industrial, housing, healthcare, debt markets, and investment strategy with Josh Pristaw of Clarion Partners.
Real Estate Economic Outlook with Ryan Severino
Explore the 2026 economic outlook for commercial real estate with economist Ryan Severino. Insights on interest rates, housing, AI, data centers, labor markets, and CRE investment trends.
Student Housing: Resilient Performance in a Cycling Market with Brent Little
Student housing continues to outperform traditional multifamily, even in a cycling market. Brent Little of Fountain Residential Partners shares insights on enrollment growth, rent performance, construction costs, capital markets, and why student housing remains a resilient investment.
NAIOP CRE Sentiment Index 2025 Signals Renewed Optimism in Commercial Real Estate
The NAIOP CRE Sentiment Index 2025 points to a meaningful rebound in commercial real estate confidence. In this episode of America’s Commercial Real Estate Show, NAIOP President and CEO Marc Selvitelli breaks down what’s driving improved sentiment—from interest rate cuts and capital markets to development activity, office recovery, and policy certainty shaping the year ahead.
Is the U.S. Office Market Finally Turning a Corner? Q3 Data Signals a Potential Inflection Point
The U.S. office market may be nearing an inflection point. New CoStar data shows positive absorption, stabilizing vacancy, and rising transaction volume—here’s what it means for investors and occupiers.
2026 Top 10 Issues Affecting Commercial Real Estate: What Investors and Developers Need to Know
Each year, America’s Commercial Real Estate Show delivers deep market intelligence that helps investors, developers, lenders, and advisors navigate an ever-changing landscape. Hosted by Commercial Broker Michael Bull, CCIM, the show recently welcomed John Hentschel, CRE, Global Chair of the Counselors of Real Estate (CRE®), to discuss the 2026 Top 10 Issues Affecting Real Estate—one of the most respected outlooks in the industry.
Has the Next CRE Cycle Begun? What to Expect in 2026 with Xander Snyder
Has the next commercial real estate cycle begun—or are we still waiting for the bottom?
After a prolonged slowdown marked by rising interest rates, reduced transaction volume, and growing distress in certain sectors, the commercial real estate market may be entering a turning point. In this episode of America’s Commercial Real Estate Show, Michael Bull speaks with Xander Snyder, Senior Commercial Real Estate Economist at First American, about where we are in the cycle today and what investors should expect heading into 2026.
2026 Commercial Real Estate Outlook: Strategies for Business Owners, Investors, Lenders, and Brokers
As we close one year and step into another, it’s the perfect time to step back, assess the market, and refine strategies for the year ahead.