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Feb 17, 2026
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LONG
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"Industrial has been sort of the darling for the last 20 years. It's still doing very well because of the growth of Amazon and online distribution." E-commerce penetration continues to drive demand for logistics and warehousing space, keeping fundamentals strong despite broader CRE wobbles. Long Industrial REITs. Slowdown in consumer goods consumption. |
CNBC
Property Play: Scenes from a CRE finance conf...
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Feb 17, 2026
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LONG
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"Today, this place [large convention hotel] is operating, I'm assuming, extremely well." Post-pandemic recovery in group travel and conventions has fully materialized, restoring profitability to large-scale hospitality assets. Long major hospitality chains/REITs focused on business and convention travel. Corporate travel budget cuts in a recession. |
CNBC
Property Play: Scenes from a CRE finance conf...
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Feb 17, 2026
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WATCH
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"We're seeing some of the AI companies start to take serious space out in San Francisco and there's a very significant bid on San Francisco office today where 18 months ago there was no bid." The "Office is Dead" narrative is fracturing. AI clusters are creating localized demand shocks in previously abandoned markets like SF, suggesting a bottom may be in for specific high-quality assets. Watch for distressed entry points in office REITs with West Coast exposure. Delinquencies are still at 12.3%; broader office market remains broken outside of AI hubs. |
CNBC
Property Play: Scenes from a CRE finance conf...
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