LIVE WEBINAR · NOVEMBER 4 · 2 PM ET
Q3 2026 CRE Market Update: What Changed, and What Comes Next
2026 did not unfold the way many expected.
At the start of the year, markets were anticipating lower interest rates, firmer property values, and a meaningful pickup in CRE lending and transaction activity. Then the backdrop changed. The war in Iran pushed oil prices higher, inflation reaccelerated, interest rates climbed and investor confidence weakened. By September, concerns about slower growth and persistent inflation had become much harder to ignore. For CRE, though, the story is more nuanced than the headlines suggest.
Office remains deeply divided, with some markets still seeing steep value declines while others are benefiting from AI-driven demand. Multifamily distress is rising in parts of the market as owners contend with slower rent growth, higher expenses, and maturing debt, yet other metros are beginning to stabilize. And throughout the year, liquidity has remained surprisingly strong, even as the cost of that capital has increased.
Join Dianne Crocker and Manus Clancy on Wednesday, November 4 for LightBox’s Q3 2026 CRE Market Update, a data-driven look at where the market stands heading into Q4 and 2027.
WHAT YOU'LL LEARN
Beyond the Headlines: Where CRE Opportunities and Risks Are Emerging
One of the clearest themes of 2026 is that CRE has become increasingly uber-local. National averages only go so far. One property can perform very differently from the one across the street, and asset-level fundamentals matter more in a market where borrowing costs are higher, distress is uneven, and price appreciation is no longer a given.
During this webinar, you’ll gain insights into:
- Exclusive LightBox data on property listings, transaction activity, and the year’s biggest deals
- Early signals from the LightBox CRE Activity Index
- Insight into which asset classes and metros are drawing the most attention
- A look at who is buying, lending, and deploying capital
- The top buyers of the year so far
- Perspective on where deal flow is strengthening and where risks are building
And because the outlook is anything but straightforward, Dianne and Manus will close with their view on Q4 and what to watch heading into 2027.
Whether you work in environmental due diligence, appraisal, lending, brokerage or investment, this is one market update you’ll want in hand before finalizing your 2027 forecast.
Meet your hosts
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Dianne Crocker
Research Director, LightBox
Dianne Crocker, Research Director at LightBox and co-host of The CRE Weekly Digest podcast, leads the generation, analysis, and reporting of the company’s full suite of market metrics. With more than 25 years’ experience in the CRE industry, she has analyzed the market through four cyclical downturns and regularly presents at leading industry conferences and webinars. Recent market keynotes include: 2026 EBA Annual Conference and 2024 Counselors of Real Estate New England Conference.
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Manus Clancy
Head of Data Strategy, LightBox
Manus Clancy, Head of Data Strategy at LightBox and co-host of The CRE Weekly Digest podcast, joined LightBox in 2024 to help develop even more cutting-edge tools for the commercial real estate industry. Using LightBox's proprietary data and an existing team of experienced data scientists and product specialists, Manus helps LightBox surface even more of its deep and impressive data sets. The result is expected to create more productivity gains for lenders, brokers, and money managers as well as improved portfolio management, lending, and risk mitigation outcomes.