Mark’s Power Play: The Hike Landed. Now the Wall Arrives.
October 22, 2026.
Last month, I observed that liquidity was returning to the market, but conviction remained constrained. The Fed’s next move was still an open question. It no longer is.
Mark’s Power Play: Capital Is Back at the Table. Conviction Still Has to Earn Its Seat.
September 29, 2026.
For much of the last two years, commercial real estate capital markets were defined by scarcity. That dynamic has shifted. Banks are again competing for stabilized deals, life companies are expanding allocations, and transaction volume reached $233.6 billion in the first half of 2026, up nearly 15% year-over-year.