Why GMP Beats Lump-Sum When Labor Is the Sticky Inflation Risk
FHFA-sets-2026-multifamily-caps-88b-each
CRE360 Editorial Desk·Dec 2, 2025
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Development
CRE 360 Signal editorial tag
14 published items
Newsletters
Who's Still Building
The only ground-up that pencils today solved its hardest constraint before breaking ground — land and entitlement via public-private partnership, power via joint venture.
The Gap Beneath the Number
Construction input prices are climbing twice as fast as the bids builders are winning — moving the tariff off the owner's budget and onto the contractor's balance sheet, and turning the cheapest bid into a solvency question.
The Glut Ends Early
Apartment demand outpaced new supply for the first time since 2022 — and the pipeline just hit a 2013 low.
🟡U.S. Apartment Construction Pipeline Shrinks to Lowest Level Since 2015
A sharp pullback in development sets up a 2026–27 supply drought.
Signals
Tariffs Push CRE Build Costs Higher
Steel, aluminum, and copper tariffs lift construction budgets +4.6%, delaying starts and straining project feasibility.
Omid Shahbazian·Oct 1, 2025
Georgia Daycare Net Lease Closes in 42 Days
Net-leased childcare centers attract repeat buyers with yield premiums and long leases, even as borrowing costs remain high.
Omid Shahbazian·Sep 30, 2025
CRE Deal Flow Holds Firm Despite Summer Dip
August saw steady $100M+ deals and active mid-market trades, signaling disciplined but ongoing liquidity in U.S. CRE.
Omid Shahbazian·Sep 30, 2025
⚫️Luxury Retailers Expand Footprints Despite Tariffs and Tourism Slump
High-end brands continue to secure scarce trophy retail locations, sustaining rent growth even as international tourism lags.
Omid Shahbazian·Sep 10, 2025
⚫️U.S. Apartment Construction Pipeline Shrinks to Lowest Level Since 2015
The under-construction pipeline has fallen ~60% from the 2023 peak to ~543k units, setting up a 2026–27 supply drought after 2025’s final wave of deliveries. Date: 09/2025. Source: RealPage Market Analytics (Q2 2025).
Omid Shahbazian·Sep 8, 2025
CRE Lending Thaws: Multifamily & Industrial Refinancing Hits $720M in NY
Selective lending continues for top-tier multifamily and industrial assets as bank hapoalim and starwood provide $720M in strategic NYC refinancing amid challenging CRE market.
Omid Shahbazian·Sep 3, 2025
Texas Housing Reforms Poised To Unlock Supply: Small-Lot Preemption, Commercial-to-Resi, and Protest Curb
SB 15, SB 840, and HB 24 reshape zoning, conversions, and neighbor protests; most provisions take effect September 1, 2025.
Omid Shahbazian·Sep 3, 2025
⚫️U.S. Apartment Construction Falls to a Decade Low
Source: RealPage, CRE Daily Recap
Omid Shahbazian·Aug 12, 2025
⚫️Seniors Housing REITs Buying Below Replacement Cost
Date: Aug 9, 2025 | Sources: CRE Daily; Seniors Housing Business
Omid Shahbazian·Aug 9, 2025