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CNBC Analyzes Trends in the CRE Sector

Published on November 7, 2025

Commercial real estate (CRE) dealmaking in 2025 has slowed, with the dollar value of deals growing only 5% from Q3 2024, according to Moody’s data. While office and retail sectors are making a comeback, deal value in the hotel sector was down 30% in September 2025 compared to September 2024. 

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