{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"CRE 360 Signal™","title":"CRE360 Morning Pulse - September 26th","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/2ae2409f\"></iframe>","width":"100%","height":180,"duration":143,"description":"In today’s CRE360 Signal Daily Brief — Friday, September 26, 2025 — we cover the Fed’s rate cut and what it means for commercial real estate finance. CMBS issuance is back, with spreads tightening and coupons dropping to 6.5%, reopening refinancing windows. We also break down Milestone Group’s $1.1B multifamily fund targeting Sun Belt apartments, Starbucks’ $1B restructuring with store closures, and distress in NYC’s rent-stabilized housing sector.🛠 CRE360 Take: Capital is flowing again, but discipline is still the rule. Smart operators will seize today’s debt window without forgetting the underwriting guardrails.🔭 Outlook: Watch for further Fed cuts, more multifamily fundraising, and office rescue funds setting the floor for values.Research-driven. AI-backed. Built for operators.","thumbnail_url":"https://img.transistorcdn.com/Gp9aKks1akyffRH-phq075dczwHSemY1VwcauB2X6Lg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NzBm/MDFhNjQ4ZGE1MzU4/M2ViOTkwMTUzZTM3/ZTdkYy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}