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CRE Debt Market Sentiment

CRE Debt Market Sentiment: April 2025

Volatility is here, but so is capital.

The commercial real estate capital markets are navigating a volatile macro environment as tariff policy shocks ripple across the U.S. economy. Inflation expectations are being revised upward, lenders are recalibrating spreads, and equity investors are weighing risk with caution—but deals are still getting done. Liquidity remains firmly intact.

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