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  • The CRE picture sharpens as delayed government data lands



    04 Dec 2025

    The latest wave of delayed government data is finally in, and it’s helping the CRE community reestablish a clearer view of the economy heading into 2026. Join Omar and Cole as they interpret new banking, retail, PPI, and sentiment indicators, translating them into implications for capital availability, demand, and development pipelines.


    Resources mentioned:

    FDIC Quarterly Banking Profile

    US Bureau of Labor and Statistics Producer Price Index

    US Census Bureau Advance Retail Trade Report

    Federal Reserve Beige Book

    The Conference Board US Consumer Confidence Index

    GDP Now

    US commercial real estate transaction analysis - Q3 2025

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    Key moments

    • 01:12 Quarterly Banking Profile insights

    • 05:49 Commercial real estate lending trends

    • 10:36 Retail sales and economic indicators

    • 13:02 Producer Price Index analysis

    • 15:07 Federal Reserve's Beige Book highlights

    • 22:42 Consumer Confidence and GDP Now

    • 28:11 Upcoming data releases and final thoughts


    Your hosts

    People - Omar Eltorai's Profile
    Omar Eltorai

    Senior Director of Research

    Altus Group

    Cole Perry's Profile
    Cole Perry

    Associate Director of Research

    Altus Group

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    Disclaimer


    This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice or services of Altus Group, its affiliates and its related entities (collectively “Altus Group”). You should not act upon the information contained in this publication without obtaining specific professional advice.

    A number of factors may influence the performance of the commercial real estate market, including regulatory conditions and economic factors such as interest rate fluctuations, inflation, changing investor sentiment, and shifts in tenant demand or occupancy trends. We strongly recommend that you consult with a qualified professional to assess how these and other market dynamics may impact your investment strategy, underwriting assumptions, asset valuations, and overall portfolio performance.

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