Learn about the evolution of CRE CLO post-2008 crisis, controversies around luxury construction projects, distressed properties, and refinancing challenges. Discover the differences between CRE CLOs and CMBS deals, and how investors are protected in CRE CLOs.

New York Community Bank reported a surprise loss in the fourth quarter, took an axe to its dividend and socked away over $500 million for commercial real estate losses. The bank's stock sunk to a 23-year low and other regional lenders fell in response. Is NYCB a red flag or a one-off for CRE distress in the banking space? Deconstruct digs in.

Not many commercial brokers branch out to start their own brokerages. But in 2015, Kyle Matthews did. Today, his Nashville-based firm Matthews Real Estate has done more than $50 billion in deals and about 650 agents. Most of what Matthews is focused on is advising clients — helping buyers and sellers sort out investments and identify pockets of opportunity. At a time when some asset classes (hint: multifamily and office) are struggling across the Sun Belt, Matthews thinks there's never been a better time for brokers to take on this role. The Real Deal's Deconstruct chatted with Matthews about how values dropping presents an opportunity for buyers and what he's predicting across the Sun Belt in 2024.

Heading into 2024, rate cuts and investment opportunities are discussed, with a focus on the transitional year. The speaker highlights the wall of maturities and the potential in cold storage. The chapter also covers distress in San Francisco and a $900 million apartment complex foreclosure auction. Being a secondary investor in commercial real estate transactions is explained, as well as opportunities in the evolving office market and the impact of bank collapse on commercial real estate loans.

Pull back the cover of The Real Deal's January issue and you'll find NIMBY vs. YIMBY battles unfolding across the country. Deconstruct talks with TRD senior reporters and bureau chiefs to unpack what's driving development and blocking construction in New York, South Florida, Los Angeles, Austin and Chicago.

Imagine a scenario where you, a developer, could pick a site on a map and discover exactly what you could build there. No more hiring experts, contacting the city, finding ways to match zoning requirements. Deepblocks, run by Olivia Ramos, is trying to do exactly that and more, using artificial intelligence. Deconstruct sat down with Ramos at The Real Deal's annual Miami Forum last November to chat about the firm, concerns around AI and how its applications are spreading across the real estate industry.

The Real Deal dubbed New York’s last legislative session the “housing session that wasn’t.” Developers desperate for a 421a tax abatement replacement went home empty handed. Tenant advocates saw no movement on the renter protection good cause eviction. Could 2024 be different? Alicia Glen, housing expert and deputy mayor for housing and economic development under the De Blasio Administration, thinks so. “I do feel there is a path forward,” Glen said. “We just need leadership to drive the deal.”

Live at The Real Deal's Miami Forum, the founders of Kaizen AI, Jay Shah and Kashyup Shah, discuss their platform that uses AI to optimize building designs for profitability and environmental impact. They share examples of successful projects and address the challenge of convincing developers of AI's value.

Discussion on impact of legislation prohibiting hedge funds from purchasing single-family homes. Tracking vacant apartments in NYC and GVA's foreclosure trouble. Challenges in real estate investment and the state of NY's investment sales market. Decline in annualized sales due to rising interest rates. Understanding seller's motivation and cultivating relationships in NYC investment sales. Multifamily market and transaction volume decline due to interest rates and affordable housing deals delay

"It's the case of the haves and the have nots." Real estate investment firm Ivanhoé Cambridge is facing the same issues as every other investment firm: how do you correctly manage an office portfolio right now? For the firm's head of office and life sciences investments, Jonathan Pearce, it's all about separating assets into buckets: the good ones worth throwing new cash on, and the ones underperforming. Deconstruct chatted with Pearce about how he’s thinking about investing in office right now, opportunities for preferred and mezzanine financing and how it helps to have the support of a hundred-billion-dollar-plus parent company.