Description

• Reverse & Build-to-Suit Exchanges remain critical as quality inventory stays constrained
• Larger, more complex deals are returning, requiring earlier planning and coordination
• Capital migration continues out of larger states like New York and California
  toward landlord-friendly Southeast markets
• Passive replacement demand grows, led by fractional ownership and management-free structures
• Asset class dynamics matter—industrial, multifamily, retail resilience, office dispositions, and selective hospitality opportunities
• Estate-planning-driven sales increase as partnerships and long-term owners reposition capital