The TreppWire Podcast: A Commercial Real Estate Show 370. Unwrapping Commercial Real Estate Property Types in 2025: Market Surprises, Year-End Takeaways & More
Dec 24, 2025
Dive into the fascinating world of commercial real estate as insights unfold on the theme of bifurcation shaping 2025. Discover surprising market momentum in New York and San Francisco, fueled by tech giants and changing dynamics. Chicago's uncertain prospects illustrate a mixed bag. Unearth contrasting trends in retail with thriving grocery-anchored centers amid widespread closures. Meanwhile, explore the multifamily market's supply challenges and the lodging sector's evolving recovery as the hosts wish listeners a joyful holiday season!
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Bifurcation Is The Dominant Market Theme
- CRE in 2025 is highly bifurcated with clear pockets of strength and localized distress.
- Refinancing risk and capital-market math, not just occupancy, are driving many sector problems.
Watch NOI Growth And Market-Clearing Pace
- Watch which sectors can produce durable NOI growth versus those treading water.
- Monitor the pace of market clearing around valuations and refinancing to judge risk.
Creative Capital Structures Will Multiply
- Expect increased creativity in capital structures and business plans in 2026 as stress grows.
- Life insurers and conservative lenders may hold large urban office loans, delaying forced sales.