In this podcast episode, we explore the resurgence of the commercial real estate market, largely influenced by a change in the Federal Reserve's interest rate policy, which has impacted capital costs and liquidity. We discuss how different sectors, particularly retail and multifamily housing, are performing, while also delving into the specific challenges facing the office sector. Additionally, the episode examines the ongoing housing crisis characterized by a shortage of homes and cautious sentiments from builders. We also consider the rising energy demands from the growing AI industry, which introduces further challenges for the real estate landscape.
