In a time of economic whiplash, policy swings and market churn, we're launching a new series that unpacks what’s really moving commercial real estate right now. 

Introducing First Draft Live — a weekly livestream inspired by our popular daily newsletter, The First Draft. Every Friday at 12:30 pm ET, we’ll bring together industry leaders for a real-time conversation on the week’s most pressing story. No fluff — just sharp, timely insights on what’s driving CRE and what it means for your business right now.

The Bond Market’s Back In Charge — And It’s Coming for CRE

With the 10-year Treasury hovering near 5% and Trump’s $3T tax plan rattling the bond market, capital costs are surging — and CRE is feeling the heat. Who’s still lending, at what price and how are borrowers getting deals done in this new debt reality?

Join us Friday at 12:30 p.m. ET/ 9:30 a.m. PT for the first episode. We’ll break down spreads, liquidity, rising private credit and whether sentiment is outpacing reality. If the bond market can blow up Congress’s math, what’s it doing to yours?

Audience questions are welcome and will be fielded by our producer during the livestream. Can’t attend live? Register anyway — the recording will be available within 24 hours.

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