CRE is the fourth largest asset class in the U.S.

The assumption of expanding growth has taken some hits.

The inflation increase and the big job numbers don't bode well for more rate cuts.

A reversal in macroeconomic trends and policies is always possible.

He is concerned about immigration issues and government debt.

However, conditions aren’t out of the woods yet, says Trepp.

The country plans to reduce Chinese imports and align more with North America.

These properties face major challenges moving forward.