In the first episode of 2025, guest host Tina Lichens, General Manager of LightBox Capital Markets joins Manus Clancy and Dianne Crocker to kick off the new year with an encouraging look back at the final few weeks of 2024 and a forward-looking discussion of expectations for the New Year. Tina’s observation of an unexpected surge in property listings on the LightBox RCM® platform during the final weeks of 2024 dovetails with bullish sentiments from industry leaders as we head into 2025. Dianne shared an early look at responses from the LightBox Capital Markets Advisory Council’s Q4 survey results. Council members’ optimism is fueled in part by the dawn of a new chapter for the office sector but tempered by the year-end high in the 10-year Treasury yield and the likelihood of interest rates staying higher for longer. Listen as Tina, Manus, and Dianne share their predictions for interest rates, dealmaking, and lending for 2025, as well as their plans for industry conferences in early 2025, including Tina’s upcoming panel on innovative applications of AI in CRE. Listen to the end for a lighthearted recap of Manus’ epic food fail and a New Year’s resolution inspired by an unlikely culinary combination. Don’t miss this blend of market insights and fun to start the year off right!

Have question for the pod team? Send them to podcast@lightboxre.com.

01:00 Market Review: A Bumpy December Ends with Elevated 10-Year Treasury Yield

05:15 A Surprise on the Upside for Late December

07:00 Anecdotes from the Field for 2025 Expectations

13:40 Interest Rate Predictions: Higher for Longer

21:13 Transaction Velocity: Up by Double Digits YOY in 2025 As Floodgates Open

25:45 The “Noise” on Distress and What It’s Important

29:32 Early 2025 Conferences

32:38 New Year's Resolutions

The Bulls Are Beating the Bears in Early 2025