CRE Daily’s Post

Consumers feel terrible. Retail CRE still looks surprisingly healthy. According to Trepp, Inc., retail NOI remains stable despite record-low consumer sentiment readings. The disconnect: 1️⃣ Sentiment: Near historic lows 2️⃣ Retail sales: Still holding up 3️⃣ Median NOI: Up roughly 1% 4️⃣ Weak assets: Distress stays concentrated The real warning signs are showing up at the property level, not in headline surveys. 👉 Get the full analysis in the comments.