For two years, frozen capital markets and stubbornly high rates kept institutional investors on the sidelines. Last month, Affinius Capital ended that wait — closing a $3.5B take-private of Veris Residential, one of the largest multifamily transactions since the rate cycle turned. Partner and Executive Managing Director Ryan Krauch joins First Draft Live to examine what that deal signals about where CRE pricing has landed, how institutional capital is starting to move again and what the dealmakers who stayed active through the freeze saw that others missed. From Northeast multifamily to data centers and industrial, Affinius is deploying across sectors. Krauch will explain the macro read driving that strategy — and what it means for a market still working through extend-and-pretend, distress and a rate environment that refuses to resolve cleanly.

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First Draft Live returns for Season 2, bringing with it a continued commitment to compelling conversations with commercial real estate’s leading voices. Inspired by our daily newsletter, The First Draft, Bisnow’s Editor-in-Chief / Chief Content Officer Mark Bonner takes viewers behind the scenes on what’s shaping everything from capital trends and policy changes to sector-specific activity, in discussion with the people making it happen.

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. Past episodes can be found here.

Interested in speaking? Contact our Vice President of Production, Elizabeth Baker, at liz.baker@bisnow.com.