CRE360 Morning Pulse - October 7th, 2025

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Florida’s rental markets just hit a demand shock.
As immigration protections expire, submarkets like Doral are seeing tenants vanish — with vacancy hitting a 10-year high and rents collapsing. Meanwhile, institutional capital is reentering New York City hospitality, and the capital divide in CRE is deepening fast.
In today’s episode:
 • Immigration policy reshapes Florida’s rental fundamentals
 • Magna’s $490M Manhattan hotel sale marks a turning point for hospitality
 • CRE’s capital bifurcation widens — top-tier assets attract capital, others struggle
 • Plus: CRE360’s Take and forward-looking market outlook
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CRE360 Morning Pulse - October 7th, 2025
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