Start your day with
CRE’s top news in your inbox.

Inbox

ESRT’s Offices Fill to 91.9% While Its Observatory Keeps Sinking

Blackstone’s $309B Real Estate Empire Faces a High-Stakes Reset

Texas Foreclosure Volume Drops Below $600M After October’s Billion-Dollar Spike

Buyers Press for Deeper Discounts as Higher Financing Costs Bite

The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

ESRT’s Offices Fill to 91.9% While Its Observatory Keeps Sinking

Empire State Realty Trust’s offices are filling up, but its famous tower’s observatory keeps dragging on earnings.

THE TAKEAWAY

Blackstone’s $309B Real Estate Empire Faces a High-Stakes Reset

A leadership reset lands as Blackstone’s property returns cool and its growth leans on AI.

THE TAKEAWAY

Texas Foreclosure Volume Drops Below $600M After October’s Billion-Dollar Spike

Texas’s distress pipeline cooled in November, with flagged loans dropping back below $600M after October’s billion-dollar run.

THE TAKEAWAY

Buyers Press for Deeper Discounts as Higher Financing Costs Bite

Higher rates are reopening the gap between what buyers offer and sellers will take.

THE TAKEAWAY

Daily News in 5 Minutes or Less

Be the smartest
CRE

Owner
Investor
Developer
Broker
Lender
Operator

in the room.

Get the latest news and trends that shape the future of commercial real estate delivered to your inbox every morning in 5-minutes or less.

Join 65,000+ professionals, developers, and investors from:

Everything you need to
know to start your day

The news is important, but if you’re a busy real estate professional like most, you don’t have time to skim through dozens of dry (and ad-filled) media outlets.

What readers are saying:

With my first cup of coffee, I start my day by reading CRE Daily. Together they get my brain working.

Jay M. Blackstone

CRE Daily is a great quick-hit read for anything important that happened yesterday, and I find the analysis quite insightful and unbiased.

John B. John Burns Research & Consulting

I’ve been an avid reader of CRE Daily for some time now, and it’s become an indispensable part of my day.

Logan F. FTW Investments

I find CRE Daily to be a stimulating read every morning, sparking ideas for articles and information to share with clients consistently.

Doug B. Greysteel

As a professional tracking commercial real estate trends for clients, I find CRE Daily invaluable. It’s well-organized, clear, and my daily go-to resource.

Rod S. The Massimo Group

CRE Daily puts in smart brevity format what takes me days to get from all the CRE emails and articles I attempt to read.

Diann C. Quick & Company Commercial Realty

I really appreciate the concise updates on investing and ROI insights in your newsletter, perfect for my busy schedule.

Cedric K. Bayview Partners

I am a multifamily developer in Connecticut. This daily information is invaluable. I own property in four states. Huge help in decision-making,

Bill C. Multifamily Developer

Whenever you can read something honest, especially regarding current events in the commercial real estate world, that is a win-win for everyone.

Anthony M. Private Investor

CRE daily always brings good stuff. I like to start my morning with it. It helps me keep a pulse on the CRE market. Thanks for the work you all put into it.

Paul W. Hill Country Select Homes

Love this newsletter! Look forward to reading it every morning it is published.

Seth W. Smith-CRE

I like the honest, blunt facts. Wish there was some ray of sunshine, but that will come when this real estate winter turns to spring. Thanks for keeping my head in the game!

David S. Multifamily Investor

It is packed full of good articles regarding the actual condition of the CRE market, value declines, and implications for banks. Perfect reading to start each workday!

David B. Bentley-Wing Properties, Inc.

I read CRE Daily regularly. Love the Sunday edition. It is always relative, educational, and keeps me current.

Bobbie M. Phoenix West Commercial

It’s such an awesome newsletter….your writers know the CRE market, no BS. Solid information. A great asset for real estate professionals like myself.

Michael M. Burke Leighton Group

It is very informative and relevant to the current market activities. Love the variety of CRE content provided daily. Best newsletter I receive.

Edward S. Trinity Real Estate Investors

I look forward to reading CRE Daily every morning. Over the last year, you have created a unique publication enjoyed by so many in the CRE community!

John M. Private Investor

You guys do an amazing job. The CRE Daily is something I look forward to every day. Useful and up-to-date breaking CRE news. Keep it up!

Joe T. Tage Capital

CRE Daily is my daily source for commercial real estate news, consistently providing articles of interest to me, my contacts, and clients.

Mark Fowler SIOR – Leasing/Investment Sales of Office/Industrial CRE

I’m a huge fan of both the newsletter and the No Cap podcast. I’ve been following along since college and the first year in commercial real estate, and I feel like you’ve given me a lot of exposure.

Ethan Stratman Kiser Group