{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"CRE 360 Signal™","title":"Capital is replacing ownership in commercial real estate.","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/efd6e725\"></iframe>","width":"100%","height":180,"duration":96,"description":"Capital—not ownership—is driving commercial real estate right now.This episode breaks down how Ares Management is moving into credit for control, why Goldman Sachs is offloading office risk through structured loans, and what rising CMBS special servicing really signals about distress.At the same time, Prologis slowing development shows even industrial is shifting from growth to discipline.The takeaway: control is no longer acquired—it’s structured.","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}