We dig into the Fed’s recent meeting minutes, Q1 GDP revisions, consumer confidence trends, and the latest FDIC banking data. From inflation signals and trade tensions to CRE lending slowdowns and cooling construction activity, the episode connects the dots between the broader economy and the decisions facing market participants in 2025. Whether you're watching the labor market, pricing strategies, or borrower behavior, you’ll want to press play on this pulse check.

Key Moments:

01:28 FOMC Minutes and market reactions

04:04 GDP numbers and economic projections

09:15 Personal income, outlays, and consumer confidence

13:55 Manufacturing and construction data

19:47 FDIC Quarterly Banking Profile insights

26:14 Upcoming reports and announcements

Resources Mentioned:

Q1 2025 US CRE Investment and Transactions Quarterly report - https://www.altusgroup.com/featured-insights/cre-transactions/

US CRE Transaction Analysis – Q1 2025 - https://www.altusgroup.com/insights/us-cre-transactions/

Multifamily sentiment rebounds as the US housing market rebalances - https://www.altusgroup.com/insights/multifamily-sentiment-rebounds-as-us-housing-market-rebalances/

FOMC Minutes - https://www.federalreserve.gov/monetarypolicy/fomcminutes20250507.htm

OECD Economic Outlook - https://www.oecd.org/en/topics/economic-outlook.html

PCE index - https://www.bea.gov/data/personal-consumption-expenditures-price-index

Conference Board Consumer Confidence Survey - https://www.conference-board.org/topics/consumer-confidence

US Census Bureau Construction spending - https://www.census.gov/construction/c30/c30index.html

FDIC Quarterly Banking Profile - https://www.fdic.gov/quarterly-banking-profile

Email us - altusresearch@altusgroup.com

Thanks 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

What do 33,000+ CRE transactions tell us about the Q1 2025 market?

Cole Perry and Omar Eltorai walk through Altus Group’s Q1 2025 US CRE Investment and Transactions Quarterly report providing analysis of the numbers sector by sector and highlighting trends worth watching.

From tentative recovery signs for office and multifamily to regional variations in retail, this episode puts a lens on where the market stands and what questions CRE investors should be asking.

Key Moments:

00:49 - Q1 2025 US CRE Investment and Transactions Quarterly report overview

01:57 - Transaction volume and pricing trends

12:47 - Detailed analysis by property sector

18:16 - Key takeaways

22:81 – Biggest surprises

25:47 - Report Access Information

Resources Mentioned:

Q1 2025 US CRE Investment and Transactions Quarterly report - https://www.altusgroup.com/featured-insights/cre-transactions/

Email us - altusresearch@altusgroup.com

Thanks 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

Marc Hershberg, Managing Partner and CEO at Topaz Capital, joins us to unpack the real story behind Florida’s multifamily market. While headlines tend to spotlight Florida’s coastal glamour, Marc takes us beyond the beach by highlighting why inland markets, workforce housing, and Class B assets are where the smart money is headed. We discuss the strategic importance of inland geography, the philosophy of "market-first, deal-second", the risks of climate-driven insurance volatility, and how foreign capital is approaching the Sunshine State.

Tune in for a grounded, forward-looking conversation you won't want to miss.

Key Moments:

00:58 Mark Hershberg's early real estate journey

02:33 Launching Topaz Capital: Opportunities and challenges

05:32 Topaz Capital's current operations and strategy

08:43 Investment focus: Workforce housing in Florida

11:10 Recent deals and investment strategies

13:00 The 1031 Exchange platform

15:08 Florida's multifamily market: Risks and opportunities

25:29 Foreign investment and local knowledge

28:01 Using data analytics for investment decisions

29:09 Outlook for multifamily investments

Resources Mentioned:

Marc Hershberg - https://www.linkedin.com/in/marchershberg/

Topaz Capital Group - https://topazcg.com/

Email us - altusresearch@altusgroup.com

Thanks 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