Rates didn’t drop. Capital didn’t return. And 2025 hasn’t been the rebound year the C-suite was betting on.
In our Halftime special report, Bisnow went deep with 40 top executives, the real decision-makers behind the biggest global portfolios, to get their unfiltered take on a market still stuck in gridlock.
What we got back wasn’t spin — it was strategy. Industrial giants are shifting to NNN to dodge volatility. Office buyers are quietly re-entering D.C. and NYC. Retail deal timelines are stretching in L.A. and London. Lenders in Miami, Dublin and Dallas are rewriting the rules.
And across the board, developers are tearing up budgets, shelving projects or trying to be the first to capitalize on dislocation.
Tariffs, stubborn inflation, political chaos, a frozen bid-ask gap — it’s all in here.
If you're in CRE, this isn’t just a good read. It could be your new playbook.
—Mark F. Bonner, Bisnow Editor-in-Chief |