Erika Morphy

The average conduit loan still looks familiar on paper. The leverage number has hardly moved. Yet beneath the headline 57.6% loan‑to‑value ratio, the economics of new CMBS debt have shifted decisively against marginal borrowers, as rising debt service cov... See more

Cold storage is entering a split-screen phase: rents and capital flows are consolidating around a relatively small but growing universe of modern, user-driven facilities, even as vacancy rises and legacy assets are quietly pushed to the margins. In Newmar... See more

U.S. sale-leaseback volume turned a corner in 2025, with dollar activity climbing sharply on the back of revived M&A markets and a late‑year surge in larger deals, according to new data from SLB Capital Advisors. Late‑year surge resets the tone SLB Ca... See more

Deadlines aren't the headline story in 1031 exchanges; what truly matters is how investors leverage those rigid timelines to their advantage through "parking" structures, backup strategies, and long‑range planning that make each exchange one move in a lar... See more

Record negative rent growth in the single‑family rental sector is no longer a hypothetical risk factor—it is now in the data. In the latest Zelman & Associates single-family rental survey, rent growth printed at negative 1.1 percent, the weakest readi... See more