Contents
Trending
Top Stories
The Skeptic’s Corner
Weekly Roundup
Quote of the Week
Trending
Mueller and Others Show Growth Across All Asset Types.
The Q2 Mueller Market Report showed positive signs all around, as did the headlines…
Beyond the Rent: The economic signals multifamily leaders should watch this fall. - Multifamily Dive
Retail Leads as CRE Recovery Diverges Across Sectors, Markets. - Connect CRE
Hotel sales make leap in first half of the year. - The Real Deal
US Manufacturing Boom Favors 167 High-Conviction Hubs. - CRE Daily
Top Stories
The Impacts of the World Cup.
Now that the games are over, the actual economic impacts are being reported.
7 World Cup Lessons for Retail, Dining, and Real Estate. - The Anchor
Hotel executives champion events impact on 2026 performance while monitoring global headwinds. - CoStar
Goodbye FIFA, hello conventions: US hotels pivot from group play to group demand as fall nears. - Hospitality Net
Not all events created equal in terms of hotel demand, guest spend. - CoStar
Regulatory changes in multifamily.
Regulatory changes are one of the largest threats to real estate performance. What you need to know for multifamily.
The Changing Regulatory Landscape. - The Real Estate Espresso podcast
Renters Want Fee Transparency on Ancillary Services. - CRE Daily
Notable multifamily policy and legal moves from this summer. - Multifamily Dive
Proposed FTC Rule on Unfair or Deceptive Rental Housing Fee Practices. - Federal Register.
How ‘bout them debt and interest rates?
So much chatter about the Fed, Fannie, and the day of reckoning for maturing CRE loans.
The Maturity Wall Is Getting Taller. - CRED iQ
Shakeup At Fannie Mae. - The Real Estate Espresso podcast
Steepening Yield Curve Tests the Nerve of Real Estate Investors. - GlobeSt
Let’s Do the “Mini” Twist. - Connect CRE
CRE Distress Spreads Across Four Major Property Types. - CRE Daily
Billions in Performing Office Loans Near a Refinancing Reckoning. - Globe St
Economists See Stubborn Inflation Keeping CRE Rates Elevated. - CRE Daily
The Skeptic’s Corner
GPs are upping their game as fundraising stagnates with all types of angles. The latest pitch: move all the way up the capital stack and become a GP!
Is it just a natural progression for LPs looking to move up the capital stack? Because what’s better than owning a 4-unit? Common equity in a 400-unit! And what’s better than common equity? Pref equity! And what’s better than pref equity? Debt! And what’s better than debt? Fees!
But….if you’re an accredited investor and are regularly investing in syndications (successfully, I hope), why would you be financially motivated to collect acquisition fees?
To be clear, there is nothing wrong with being a GP - there would be no investments without GPs. And there’s nothing wrong with fees; businesses have expenses. But when an LP transitions to the uneviable position of a GP just for fees that is a very troubling motivation.
The reality is that real estate investments require long persistent work. No fee can compensate for what is required. I want a GP that is doing deals out of passion for the business. Because they do it for themselves. Because they would do it anyway - it’s not about the money. It’s a love of the game.
So if you’ve just graduated from the LP to GP training. Congratulations. I hope this is a passion project for you, and not just another way to sour a new batch of investors on an otherwise proven investment model.
Weekly Roundup
Market Place
Surge in July construction starts reflected megaproject volatility. - Construction Dive
Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply. - BisNow
First class flight: As air travel surges, airports spread out, spiff up to welcome more passengers. - CoStar
The Mormon Church Is Quietly Expanding Its Real Estate Empire Across the US. - Bloomberg
Multifamily
Rise48 Preps Investors for Pain. - The Promote
Multifamily Recovery Broadens Beyond Class A Assets. - CRE Daily
Expensive Markets, Concentrated Portfolios, and the Case for Owning Housing. - BAM Capital
Multifamily NOI Growth Weakened in 2025 Even as Expense Growth Cooled. - Trepp
Florida Multifamily Insurance Costs Reverse Course After Years of Outsized Growth. - Trepp
Prices fell in 197 markets. Rents didn’t. - REI Prime
Landlord Rental Performance Report: August 2026. - Chandan Economics
Rent Concessions Dip As Fewer Apartments Come Online. - BisNow
Multifamily new supply set to bottom out in 2027. - Multifamily Dive
Apartment Vacancy Drops as Demand Absorbs Construction Wave. - Globe St.
Big Banks Commit Billions to Boost US Housing Supply. - CRE Daily
The LIHTC Multifamily Expiration Wave Is Here. - Western Wealth Capital
Zillow: Rent-Buy Divide Widens Across Major US Markets. - CRE Daily
Capital Returns to Major Metros in Multifamily Recovery. - CRE Daily
Senior Housing
Investors scramble to buy luxury senior housing near Silicon Valley. - CoStar
Senior Housing Shortage Could Top 1M Units by 2035. - CRE Daily
Senior Housing Owners Hold Firm Even as Buyers Pay Up. - CRE Daily
Industrial
Office
2025 Placer.ai Office Index. - Commercial Property Executive
Office Vacancy Drops But Market Gaps Widen Across US. - CRE Daily
Medical Office Pulls Ahead as General Office Stalls. - CRE Daily
Retail
Retail Regains Its Footing as Demand Returns and Supply Stays Soft. - Connect CRE
Mall Traffic Rises as Shoppers Begin Staying Longer. - Globe St.
Hospitality
Investors Are Snapping Up Shabby Hotels and Whipping Them Into Shape. - The Wall Street Journal
U.S. hotel performance for July 2026. - Hospitality Net via CoStar
The Pricing-Power Divide: Why Luxury Is Leading the US Hotel Recovery. - Hospitality Net
Casinos Bet On Sports, Spas, And Dining To Win Gen Z. - CRE Daily
Q3 Traveler Insights: Demand returns as summer peaks. - Hospitality Net
Tripadvisor 2026 Mid-Year Experiences Trends Report. - Hospitality Net via TripAdvisor
HVS U.S. Market Pulse: August 2026. - Hospitality Net
As teleworking rates, office visits stabilize, weekday demand holds steady for hospitality. - CoStar
AI and Data Centers
Datacenter boom powers blockbuster PE deal count in Q2 2026. - PitchBook
The Data Center Index. - Sightline by Hamlet
Data Center Development Fuels Increasing Share of Industrial Demand. Connect CRE
Virginia weighs who should pay for power grid expansion as data centers multiply. - CoStar
Investor Education
SEC: 38 Entities Feigned Legitimacy as U.S. Advisers Through False Filings to Lure Retail Investors. - SEC
A Legendary Investor’s Advice for You and Your Portfolio: Stay Calm. - Bloomberg
Can passive PE investing enhance portfolio performance? - PitchBook
AI: a transformative industry and a rewarding investment are not the same thing. - Navigating Wealth podcast
Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal. - Wall Street Journal
Should You Keep, Refi, or Sell Your Rental Property? - Passive Pockets podcast
What Is a Triple-Net Lease? A Guide for CRE Investors. - LoopNet
Why Flashy Syndicators Keep Losing Investor Money. - The Best Ever CRE Show podcast
What Is a Hotel’s Fair Market Share and Why Does It Define Your Competitive Position? - Hospitality Net
Why Investors Love Self-Storage: The Basic Investment Case. - InvestClearly
GP Corner
Tribevest launches The Institute for Structured Capital - a GP training and certification program. - Best Ever
Google Ads, Systemic Nuances, and Owning a Domain ft. Kasim Aslam. - The Best Ever CRE Show podcast
The Limits of Funds of Funds, Part 2. - The Best Ever CRE Show podcast
Lessons from Turf to Real Estate Success. - The Best Ever CRE Show podcast
Lessons Learned From a Decade of Deal Sourcing in the Northeast. - Best Ever CRE
Quote of the Week
“Why are rent concessions proving sticky even as apartment demand is catching up to supply?”
-Jay Parsons
What did we miss?
Comment below on news and resources worth sharing.