$875B in CRE loans are coming due — and everyone's calling it a wall of distress. They're wrong. It's not a flood, it's a filter, and the market is sorting winners from losers faster than ever.

In this episode:

• The maturity wall as a filter — retail leads at +2.2%, office splits by metro

• Blackstone buys the Hyatt Regency San Francisco — $279M, ~$340K per key

• 3PL industrial leasing surges across LA's infill core

• Medical office goes core-defensive — the $7.2B Remedy / Kayne Anderson platform

• Self-storage stops building — new supply down to 2.4% of stock

• The data-center bottleneck flips from demand to power

CRE 360 Signal — your daily commercial real estate brief. Read the full breakdowns in today's newsletter.