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Discover how real market data compares to mid-year sentiment and what it reveals about CRE strategy in 2025.Key takeaways

Multifamily led fundraising, capturing 48% of capital raised and 40% of total returns across asset classes.

Residential projects surged 7X in Q4 from Q1.

The Southeast led fundraising and returns, securing 42% of capital raised and 40% of nationwide returns.

Investment returns were geographically concentrated within 10 states throughout 2025.

