Multifamily has done better than the industrial, office, and retail sectors.

Their use has been building for some time.

This is ‘mostly good news’ for landlords who need grocery anchor tenants.

But automotive has developed “strong immunity” to e-commerce disruption.

However, except for smaller banks, the rate of new modifications is slowing.

The company expects 150 closures in the next three years and to add more smaller format locations.

But is that the wisest move?

Much of the direct effect on CRE is from local regulation, but there are potential national impacts too.