Is the office market truly dead — or is it one of the best buying opportunities in commercial real estate? Michael Bull talks with Travis King, CEO of Realm, about why family offices are actively acquiring office buildings as the market begins to turn.

On this weeks show we discuss office demand trends, submarket selection, all-equity investing, leasing strategies, and why modern, well-located office assets may outperform as new supply remains limited. Get real-world insight into where smart capital is moving in the office sector heading into 2026.

The conversation also explores:

• Why office is not “dead” — but highly fragmented

• Where Class A office is outperforming B and C assets

• How low new supply and rising absorption could accelerate recovery

• Why family offices are moving before institutional capital returns

• The risks and rewards of buying vacant office buildings today

If you invest in, finance, lease, or advise on commercial real estate, this episode offers a clear-eyed, data-driven look at where the office market may be headed in 2026.

 

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

 

 

 

CRE Counselors of Real Estate Global Chair John Hentschel, CRE joins broker and show host Michael Bull, CCIM to reveal the Top Issues Affecting Real Estate. This highly anticipated annual report highlights the trends, risks, and opportunities shaping property use, development, and investment decisions today.

From shifting capital markets to demographic forces and emerging technologies, this episode delivers expert insight to help commercial real estate professionals make smarter, more informed decisions in the year ahead.

A must-listen for investors, developers, brokers, lenders, advisors, and anyone tracking the future of real estate.

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

Perfect for commercial real estate investors, capital markets professionals, and anyone watching global real estate trends.

 

Commercial real estate sentiment is rising fast — and the latest NAIOP Sentiment Index shows a major shift. In this episode, Marc Selvitelli, CEO & President of NAIOP, joins Michael Bull to break down the newest CRE Sentiment Index results and what they reveal about the year ahead.

Discover why sentiment jumped to its second-highest reading since 2016, what’s driving renewed optimism about interest rates, capital markets, and development conditions, and why construction costs, approvals, and material pricing are finally stabilizing.

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

Perfect for commercial real estate investors, capital markets professionals, and anyone watching global real estate trends.

 

What do 850 global real estate investors across 13 countries really think about the year ahead? In this episode, John D’Angelo of Deloitte joins Michael Bull of Bull Realty – TCN Worldwide to break down the new 2026 Deloitte Global Real Estate Sentiment Survey, revealing how investor attitudes have shifted year over year.

You’ll hear the biggest surprises in this year’s findings — including increased allocations to real estate, growing interest in U.S. markets, and eye-opening responses around maturing debt. John and Michael also discuss how investors are navigating equity costs, debt availability, interest rates, maturities, sector allocations, and cross-border investment in today’s environment.

Is sentiment more positive or less positive than last year? They answer that right away, along with the key insights shaping global CRE strategies for 2026.

 

Read the report here: https://www.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/commercial-real-estate-outlook.html

 

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

Perfect for commercial real estate investors, capital markets professionals, and anyone watching global real estate trends.

 

Is the office sector finally turning into one of the biggest opportunities in commercial real estate? In this episode, Michael Bull sits down with Michael Mandel and Alison Baumann from CompStak to dig into the data behind the U.S. office market.

Discover what’s really happening with vacancy rates, leasing trends, tenant behavior, and rent growth, and why smart investors are watching office more closely than ever. The CompStak team breaks down national and local patterns, emerging bright spots, and where the numbers reveal early signs of recovery.

If you invest, develop, broker, or finance commercial real estate, this is the office market update you’ve been waiting for.

 

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

In this episode of America's Commercial Real Estate Show, host Michael Bull sits down with Alison Bedard, the new CEO of CREW Network, to discuss the vital role this organization plays in the commercial real estate industry. With over 14,000 members across 85 markets, CREW is dedicated to accelerating success for women in commercial real estate and fostering a diverse network of professionals. The conversation also dives into the current state of the office market, exploring how the landscape has shifted post-COVID. Alison discusses trends in tenant preferences, the importance of creating appealing work environments, and the evolving needs of occupiers as they navigate a new era of office usage. With a focus on talent retention and the necessity for adaptable office spaces, this episode provides valuable perspectives for anyone involved in commercial real estate.

 

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

PwC’s Andrew Alperstein joins Michael Bull to unpack the 47th annual Emerging Trends report undertaken jointly by PwC and the Urban Land Institute (ULI), revealing why Dallas took the #1 spot and how "niche" sectors are becoming essential.

 

In this episode, host Michael Bull sits down with Andrew Alperstein, Partner at PwC, to break down the highly anticipated Emerging Trends in Real Estate 2026 report. They discuss this year’s theme, "Navigating the Fog," which reflects the current uncertainty surrounding interest rates, inflation, and policy changes. Despite a slight dip in sentiment compared to the previous year, the conversation highlights resilient markets—including a surprising resurgence in the Northeast—and identifies high-growth sectors like data centers and senior housing. Tune in to discover where the opportunities lie in the new cycle and how investors are adapting to a "higher for longer" interest rate environment.

 

Key Topics Covered

• Navigating the Fog: Why market sentiment has dipped slightly due to uncertainty around rates, inflation, and policy, despite a generally positive long-term outlook.
• The Interest Rate Reality: Expectations for the 10-year Treasury to remain in the 4% to 4.25% range and how investors are adjusting their underwriting.
• Top 10 Markets to Watch: A breakdown of the top cities for investment, featuring Dallas at #1, followed by a strong showing from Jersey City, Miami, and Brooklyn.
• Data Centers: The #1 ranked sector and the challenges of power, water, and massive deal sizes.
• Senior Housing: How the "Silver Tsunami" of aging Baby Boomers is driving demand.
• Self-Storage: New trends in "condo storage" and lifestyle usage.
• Student Housing: The bifurcation between big state schools and smaller institutions.
• The State of Office: A look at the flight to quality, the stabilization of construction costs, and why some investors are finding opportunities in distress.
• Macro Trends: The shift from "niche to essential" assets and the impact of labor availability and insurance costs on development.

 

Timestamps

• 00:00 – Intro and overview of the 47th Annual Emerging Trends Report.

• 02:30 – "Navigating the Fog": Current market sentiment and economic uncertainty.

• 05:00 – Where are we in the cycle? Interest rates and the 10-year Treasury outlook.

• 08:00 – Top Markets Revealed: Why Dallas, Jersey City, and Miami topped the list.

• 11:30 – Top Sectors: The dominance of Data Centers and operational challenges.

• 13:15 – Senior Housing & Medical Office: Demographics driving demand.

• 15:00 – Self-Storage: Evolution of the sector beyond simple moving storage.

• 17:00 – Student Housing: Enrollment cliffs and market winners.

• 20:00 – The Office Sector: Record rents in top assets vs. obsolete inventory.

• 28:00 – Inflation, Construction Costs, and Labor Shortages.

• 34:00 – Closing thoughts and how to access the full report.

 

If you enjoyed this deep dive into the 2026 market forecast, please subscribe to the show and leave us a review! Don't forget to visit PwC.com to download the full Emerging Trends report discussed in today's episode.

 

TCN Worldwide Real Estate Services - A global network of over 1,500 leading commercial real estate professionals delivering integrated, expert sales, leasing, management and consulting services across 200 U.S. and global markets. https://www.tcnworldwide.com/

 

Bull Realty, TCN Worldwide - Commercial Real Estate Asset & Occupancy Solutions in Atlanta and throughout the Southeast U.S. https://www.bullrealty.com/

 

Commercial Agent Success Strategies - Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/

Are we at the start of a new commercial real estate cycle? Host Michael Bull, CCIM and Xander Snyder, Senior CRE Economist at First American, break down where the market stands in 2025. They explore price corrections, interest rates, buyer trends, and where the next big opportunities lie. Learn what makes this cycle different—and why smart investors are already positioning for recovery.

Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/

Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/

Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestate

 

As a huge servicer of commercial loans, Trimont gets a firsthand view of of the market, and they've brought Atlanta Fed's former commercial real estate guru, Brian Bailey, onto their team. Brian joins Michael Bull to share his expertise and insight on interest rates, loan delinquencies, jobs, inflation, and expectations moving forward.

Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/

Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/

Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestate

 

While office performance is specific to each building and submarket, the sector overall is experiencing a rise in transaction volume. Is new supply impacting performance values? Are users and investors buying today getting in at the perfect time? Tune in to hear office investment broker and Bull Realty CEO Michael Bull interview CoStar's National Director of Office Analytics Phil Mobley on the future of office. 

Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/

Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/

Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestate

 

This week, Michael Bull, CCIM, is joined by Xander Snyder, a real estate economist and data science expert from First American Financial Corporation, to explore the transformative impact of artificial intelligence on the commercial real estate industry. Xander shares insights on how AI can enhance investment due diligence, streamline operational efficiency, and improve market research, while also highlighting potential risks such as data inaccuracies and job displacement. Tune in to learn how AI applications are reshaping the landscape of commercial real estate, and what industry professionals need to consider as they integrate these powerful tools into their workflows.

Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/

Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/

Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestate