Relief Meets Reality: Fed Cuts Rates, But Powell Says A Potential Pause Is Ahead
The Federal Reserve cut interest rates for the second time in as many months, easing monetary policy just as commercial real estate markets snap back to life. But Chairman Jerome Powell said members of the central bank had widely different views on what to do moving forward. Wednesday’s widely expected decision offers a bit of clarity as the government shutdown drags into its fifth week and the White House digs in on the trade war that kicked off…»
Blackstone Sees Renewed CRE Momentum as Deal Flow Rebounds
Blackstone’s deal momentum is building as the world’s largest alternative asset manager sees improving investor sentiment and a more favorable capital environment in commercial real estate. “This is an exciting time for the firm and our investors,” Blackstone CEO Jon Gray said during the company’s third-quarter 2025 earnings call on October 23. “The deal dam is finally breaking, and we have a bunch of secular tailwinds driving us forward as well.” According to…»
NCREIF Property Index Posts Fourth Consecutive Quarter of Positive Returns
The National Council of Real Estate Investment Fiduciaries (NCREIF) said the NCREIF Property Index (NPI) posted a quarterly return of 1.22% for the third quarter of 2025, essentially unchanged from 1.23% in Q2. However, the index has now stayed in positive territory for four consecutive quarters, with the four-quarter total return at 4.72%. The positive 1.22% quarterly total return represented 1.16% of income and 0.06% of property appreciation. NPI property…»
A Different Way to Tackle Data Center Demand
The current level of data center demand has brought the industry to a never-before seen dynamism. The state of the market means that any data center, whether it’s an older or smaller site or a newer mega-scale facility, is likely to sell quickly, Amy Polvado, chairwoman of the U.S. PropTech Council and founder & CEO of Facilimax, told Commercial Property Executive. “There was an older government office for sale in Austin that…»
New York developer plans $100M apartment tower in downtown Phoenix Warehouse District
New York-based Gallium LLC and Denver-based Elevate Cos. are working to develop a $100 million luxury apartment community in the Warehouse District of downtown Phoenix. The seven-story building at 602 E. Grant Street would be built near the new Phoenix Suns headquarters and Phoenix Mercury training facility and across the street from Arizona State University School of Art’s Grant Street Studios. While Gallium has…»