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Multifamily investors are navigating a market defined by ongoing price discovery, refinancing pressures and shifting capital flows. In an IREI interview, Bret Hewett, head of acquisitions for ACRE's equity platform, outlines how narrowing bid-ask spreads and loan maturities are influencing deal activity, why many of ACRE’s opportunities today are driven by capital structure stress rather than weak fundamentals, and how investors are approaching underwriting in markets facing different supply dynamics. He also discusses where recapitalizations, joint ventures and structured equity are emerging as key entry points in the current cycle.

Public and private capital are reshaping the United Kingdom healthcare real estate market, with listed REITs playing an increasingly active role in driving investment activity. In an interview with IREI, Caryn Donahue, director – head of healthcare and senior housing, operational capital markets Savills, and Tom Atherton, strategy and market intelligence manager at the firm, discuss the factors behind rising cross-border investment, the role of private-pay dynamics and supply constraints, and how opportunities and risk-return profiles differ across care homes, hospitals and primary care.

Institutional investors worldwide are recalibrating their investment approaches as three powerful megatrends — artificial intelligence (AI), energy transition and deglobalization — reshape the global economic landscape, according to preview results from Nuveen’s sixth annual EQuilibrium Global Institutional Investor Survey.

Europe’s office market is defined by intensifying demand for best in class space and a growing imbalance between supply and occupier demands, according to Cushman & Wakefield’s latest EMEA Offices Update.

The National Fair Housing Alliance (NFHA) has released a statement expressing deep concern regarding two executive orders issued by the Trump Administration last week that claim to promote access to mortgage credit and remove regulatory barriers to spur the development of affordable homes. These orders will remove critical mortgage protections responsible for fairness and do little to nothing to boost the supply of affordable housing.  

U.S. equity REITs experienced a significant surge in capital-raising activities in February 2026, reaching their highest level in five months, according to S&P Global Market Intelligence. The total capital raised amounted to $7.11 billion, marking a 209 percent increase from January and a 259.3 percent rise from the previous year. This growth was primarily driven by debt offerings. \ Key highlights from the analysis include:

The oldest Americans held 26 percent of America’s $48 trillion in real estate wealth as of third quarter 2025, the most recent period for which data is available, according to Redfin.

Artificial intelligence (AI)-driven data center investment is scaling rapidly, but how that growth translates into durable revenue remains uncertain. Dan Dreher, solutions strategist at L&G – Asset Management, America, in an interview with IREI, examines how demand, capital and risk may evolve as the sector moves through a full cycle. He also outlines where pressures could emerge across financing structures and what will ultimately determine whether today’s expansion proves sustainable.

U.S. sale leaseback transaction activity rebounded in 2025, driven by improving M&A markets and renewed corporate demand for alternative sources of capital, according to SLB Capital Advisors.

The Asia Pacific Loan Market Association (APLMA) has released a whitepaper titled Network effects: How data centre financing is reshaping loan markets in Asia Pacific, sponsored by Fitch Ratings and Latham & Watkins LLP. The paper is the first thematic whitepaper produced by the APLMA, examining the current state of the data centre financing market, unique challenges and features of the financing market in Asia Pacific (APAC), along with the key trends and opportunities for loan market participants.

In the latest edition of The Chief Economist, Ryan Severino, chief economist at BGO, describes the current U.S. economy as an “almost” economy — one that appears healthy on the surface but behaves differently from past cycles.

Affinius Capital’s 2026 North American House View, From Static to Signal: The Path to Lift-Off, suggests the commercial real estate market is beginning to transition out of the prolonged period of capital markets gridlock as pricing adjustments largely work their way through the system.

Rolling four-quarter transaction reached more than $24 billion by year-end 2025 – the highest level since second quarter 2015, which reached $26 billion, according to JLL.

The global hotel market is entering a period of performance divergence across assets, markets and operators, introducing new investment opportunities as capital markets improve. That divergence is becoming more pronounced in 2026, driven by factors including post-pandemic recovery patterns, the return of business travel and a slowdown in international travel.

Federated Hermes has released a report by Vincent Nobel, head of asset-based lending, examining how real estate credit underwriting can better assess risk beyond traditional financial metrics. The report argues that commonly used measures such as loan-to-value ratios, debt yield and interest coverage ratios, while useful, can present an incomplete picture of risk when evaluated in isolation.

Australian farmland delivered a total annualized return of 8.73 percent since the Index's inception in January 2015, comprising an income return of 4.40 percent and capital growth of 4.22 percent, according to the latest Australian Farmland Index for fourth quarter 2025 compiled by the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV). On a quarter-on-quarter basis, income returns of 0.19 percent combined with capital growth of 0.65 percent to produce to a total return of 0.85 percent.

In the fourth quarter 2025, commercial real estate markets began to experience normalizing liquidity conditions across several key indicators, according to the latest reading of the Madison Real Estate Liquidity Index (MRELI) from Madison International Realty.

Investment bidding intensity in the commercial real estate market is holding steady and buyer interest remains competitive across property types, even with the supply of investment opportunities increasing.

Real estate deal value rose 10 percent in 2025, reaching $842 billion, though overall transaction count remained flat, according to New McKinsey research.  This growth is being driven by larger, more concentrated bets rather than broad-based activity, which signals a structural shift in how capital is flowing into the sector.

French Sociétés Civiles de Placement Immobilier (SCPIs) were behind 12 percent of overseas investment into the U.K. commercial property market in 2025, says CoStar, deploying £1.1 billion ($1.5 billion) – an 85 percent year‑over‑year increase and the highest total in three years.