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U.S. ECONOMIC MACRO COMMENTARY & INSIGHTS

The Market Tightened for Warsh. Now What?

July 31, 2026
  • Markets priced the hike even though the Fed didn’t deliver one.
  • Warsh argued higher yields already did some of the Fed’s work.
  • Softer inflation data buys time, but not unlimited credibility

Markets came into Wednesday’s FOMC meeting focused on one question: why didn’t the Fed raise rates? Warsh seemed focused on a different one entirely: how much tightening had already occurred since the last meeting? 

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yield curve change since june 1

Source: Bloomberg

2026 Multifamily Investor Sentiment Survey

In December 2025, we surveyed over 250 of our trusted clients from various companies, with most holding senior-level titles, for our second annual Multifamily Investor Sentiment Survey. Our goal is to provide a comprehensive view of current market sentiments to our clients, and we plan to share our findings in our detailed report.

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2026 Multifamily
Powerhouse Poll

In Berkadia’s Annual Multifamily Powerhouse Poll, we surveyed over 200 investment sales advisors and mortgage bankers to offer their unique perspectives on the state of the commercial real estate (CRE) industry.

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Berkadia’s Multifamily Investment Sales Market Share Hits Record High

Berkadia climbs to No. 4 in Real Estate Alert’s Top Brokers of Multifamily Properties in the first half of 2026  New York, New York – August 6, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today its multifamily investment sales volume increased nearly 38%, driving its market share to 9.6%, among brokers of multifamily…

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MacArthur Park, Augusta, GA | Sold by Berkadia 2026

Berkadia Negotiates $40.6M Multifamily Property Sale in Augusta, Georgia Charleston, South Carolina – August 6, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Director Christian DiCroce, Senior Managing Directors Jim Sewell and Dave Lansbury, and Managing…

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Berkadia FHA/HUD Secures Over $1B in Financing in the First Half of 2026

New York, New York – August 5, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that the FHA/HUD platform completed over $1 billion in financing in the first half of 2026.   The platform’s H1 2026 production includes 33 multifamily transactions totaling $896.1 million, and LEAN healthcare transactions totaling 8 deals worth $128…

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