Commercial Real Estate (CRE) Market Trends - October 2025 saw the first year-over-year negative growth in CRE deal volume since the post-Fed rate hike recovery began [1] - This slowdown reflects a stalemate between buyers and sellers due to persistently high interest rates and economic uncertainty [3] - October 2025 CRE sales still reached $244 billion, approximately 70% of October 2019 sales [3] Property Sector Performance - Industrial and multifamily properties led the top 50 deals [4] - Hotels were the only sector to improve in deal volume, with 6% growth after a negative Q3 [4] - Multifamily properties experienced the biggest pullback in October, down 27% year-over-year [5] - Despite the pullback, multifamily buildings mostly traded at a premium to previous sales [6] Notable Transactions - The New York Edition Hotel at 5 Madison Avenue was sold for $2312 million by Abu Dhabi Investment Authority to the Kamang Company [4] - This sale highlights the increased value of office-to-hotel conversions due to the pandemic-related office shakeout [5]
CNBC Property Play: CRE deal volume drops
CNBC Television·2025-12-09 14:00