CRE in May 2026: Capital is back, but selectively
Investment volume is improving, and lending is expected to rebound meaningfully in 2026. But capital is still choosing assets carefully, which means location, quality, and execution matter more than ever. For owners and brokers, the market is not “hot” across the board. It’s a search for the right product.
What that means: assets that can be upgraded, re-leased, or repositioned have a real advantage.
Leasing is now a construction conversation
Office remains under pressure in many markets, while tenants are trading up into better space when they move. That makes tenant improvements, spec suites, amenity upgrades, and selective repositioning part of the leasing strategy. Brokers are increasingly selling a package, not just a space.
What that means: speed to market can decide whether a deal gets signed.
Owners are fighting two battles at once
Refinancing pressure is still here, especially where debt came due from the low‑rate era. Construction costs are still elevated, so owners have to protect capital while still making assets competitive. Waiting often costs more than acting, especially when vacancies or roll-over are creating lost income.
What that means: smart phasing and realistic budgets are now part of value preservation.
The real advantage is execution
- Align scope, budget, and timing early.
- Make the space easier to market, approve, and deliver.
- Give brokers confidence in the story they’re selling.
- Help owners protect value while staying competitive.
- Keep asset goals, leasing goals, and construction goals moving together.
What that means: Bingham helps turn that coordination into forward momentum on TI, repositioning, and occupied renovations. For more information on how we can speed up your TI timelines, contact our team to discuss your upcoming project.