With financing conditions stabilizing and bid-ask spreads narrowing late in the year, momentum is building for a stronger transaction environment in 2026.The takeaway: Hotels are emerging as one of the most attractive commercial real estate sectors heading into the next cycle — particularly for investors who understand operations, capital structure, and value creation.

In my opinion the job creation touted by these tech companies is a lie.

Master construction and due diligence to control value creation.

They’re generally high-quality assets but may require light operational improvements or lease-up efforts.Key characteristics:Minor deferred maintenanceShorter lease termsSlightly higher management intensityModest value-creation opportunitiesExamples:A well-maintained suburban apartment complex with light upgrades neededA high-quality mixed-use property in a secondary market needing lease optimizationWhy investors use core-plus:Core-plus investments offer a balance between income stability and growth, allowing investors to enhance value without taking on full redevelopment risk.Value-Add Investments (Active Management & Forced Appreciation)Value-add investments require significant improvements—either physical renovations or operational changes—to unlock higher rents and increased value.Key characteristics:Higher vacancy or mismanagementCapital expenditures requiredMore exposure to market cyclesGreater upside potentialExamples:A poorly managed multifamily property requiring unit renovations to drive rent growthAn industrial warehouse needing operational upgrades or repositioning near last-mile logistics hubsWhy investors use value-add:For investors willing to be hands-on, value-add creates forced appreciation—not just market appreciation—often leading to strong IRRs and refinance opportunities.Opportunistic Investments (High Risk, High Reward)Opportunistic investments represent the highest risk—and highest potential return—category.

It has seen sustained population growth, diversified job creation and strong housing demand which together support both rent growth and long-term appreciation.

Texas continued to lead the charge, with Dallas, Austin, and Houston benefiting from sustained population growth, job creation, and pro-development policies.

There’s a lot more due diligence necessary with the documentation of an existing note which intimidates investors who can originate a note and just turn the document creation over to their attorney.  

One market you might want to look into is Columbus, Ohio since the macroeconomics here are on fire with huge population growth, tons of job creation, and massive companies moving in like Intel, Amazon, Google, Facebook, Honda, Microsoft, LG, and more.

Thus requiring a lot split or a creation of a second lot.

You can't use the equity to grow your portfolio now.Transfer Now: This is a wealth creation move.