Commercial Real Estate: A Reset, Not a Replay

Published on November 4, 2026

One concern raised by the recent backup in rates is whether CRE is about to relive the stress of 2023, when depressed post-pandemic office demand coincided with rising rates and a regional bank crisis, including Silicon Valley Bank and First Republic Bank. The selloff in public REITs suggests investors are repricing property values for a higher-rate world.

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Economic Growth Alone Won’t Solve the US Debt Problem

November 4, 2026
The significance of federal debt breaching the 100%-of-GDP threshold is debatable, but if debt keeps rising relative to the economy there is surely a point at which it becomes problematic for the US. In one sense it already has: net interest on the debt accounted for 14% of federal spending during the fiscal year that ended in September, and more than half the $2 trillion deficit.

Ex-UBS Team Creates $3.6B RIA With Elevation Point Backing

November 4, 2026
A Fort Worth team left UBS with $3.61 billion in assets to launch Cleros Wealth Partners, with backing from Elevation Point and custody through Goldman Sachs.