THIS WEEK... 

The longest government shutdown in U.S. history is already leaving a lasting mark on CRE.

Multifamily originations are frozen as a skeleton staff at HUD can’t process loans or complete inspections. Air travel reductions are slamming into already weak hotel room rates, taking a bite out of balance sheets. The supply chain is cracking as backlogs in certifications and cargo clearances have stranded goods in ports. Housing and food aid are in peril, putting the stability of millions of Americans at risk.

Roughly $14B could be wiped from the U.S. economy forever.And the foundation of investor sentiment has shaken. Confidence, freshly returning to commercial real estate, will not flip back on when the government reopens. The undermining of sentiment will stymie investment and slice into risk underwriting.

Join us on Friday as we unpack what effects of the shutdown will be a blip and what will leave scars.

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Every Friday at 12:30 p.m. ET, we go live with industry experts for a sharp, timely conversation on the week’s most impactful topic — inspired by our daily newsletter, The First Draft. Whether it’s CRE capital trends, policy changes, or sector-specific activity, we break down what it means for your business right now.

We’ve hosted some of the industry's top voices — and there's more to come. Bring your questions, join the conversation, or catch the replay within 24 hours if you can't attend live.

Interested in speaking? Contact Director of Global Production Elizabeth Baker at liz.baker@bisnow.com.