CRE’s Calm in the Chaos—Positive Bank Signals, Robust Year-End Deal Surge, and 2026 Momentum

While macro markets meander amid geopolitical noise, political pressure on the Fed, and mixed signals from Wall Street, commercial real estate is telling a very different story. In Episode 80 of The CRE Weekly Digest by LightBox, Manus Clancy and Dianne Crocker break down a week where CRE played the role of the calm, steady grandmother in an otherwise jittery economy.  

Drawing on fresh LightBox data and the latest 2026 outlooks, the conversation explores why lender confidence remains intact, why capital is still moving in CRE, and what December’s surge in big-ticket deals says about pricing clarity and investor appetite. Highlights include the 44% jump in deals over $100M, rising buyer engagement across multifamily and office listings, and growing expectations for CMBS issuance in 2026. 

The episode also hits standout stories across retail, office, and development, from necessity-based retail wins and a Miami office trade to a $326M hotel-to-resi conversion in New York City. The takeaway? It’s still a market of winners and laggards—but momentum, liquidity, and confidence are clearly building in the early days of 2026.  

00:43 Macro Markets Meander, CRE Stays Steady 
03:30 2026 Outlooks: Capital Is Ready and Lending Is Open 
08:05 Data Dive: December Deal Volume Surges 
11:35 Did You Know: Buyer Interest Is Rising 
15:45 Retail Headlines: What’s Working and Why 
20:45 Development Watch: Conversions and Housing Momentum 
26:55 Office and Industrial Deals Making Headlines

Have questions for the pod team? Send them to Podcast@LightBoxRE.com. 

www.lightboxre.com