📝CRE360 Take:
CBRE’s Q2 2025 capital markets report highlights a turning point: U.S. investment volume reached $96 billion, up 13% year-over-year. Lending conditions have steadied, helping more deals close and giving investors renewed confidence.

Still, CRE360 sees gaps. Recovery is concentrated in prime assets, while secondary markets remain starved for debt. Sellers remain slow to adjust pricing and refinancing hurdles linger into 2026. The report also avoids discussing distress — a critical part of today’s landscape.

Signal for investors: watch, don’t rush. Favor multifamily and industrial, where liquidity is returning, but remain selective. Office remains high-risk until financing fully loosens. The rebound is real, but it’s not across the board yet.

Publisher Credit:
Full report: CBRE — Q2 2025 U.S. Capital Markets Figures