Stockdale Capital Partners’ Dan Michaels on what the fundamentals are really telling us about CRE right now

Dan Michaels, managing partner at Stockdale Capital Partners, discusses the current state of market fundamentals across the major CRE asset classes and where he is seeing the most resilience, specific markets or submarkets where the fundamentals are telling a different story than the broader narrative, where he sees the greatest opportunity and where is he exercising the most caution when it comes to supply and demand dynamics heading into the next 12 to 24 months and more. (06/2026)