Willy was joined once again by Dr. Peter Linneman for the Most Insightful Hour in CRE, recorded at the 2026 Dominium Capital Partner Summit. With interest rates at 25-year highs and oil-driven inflation adding new uncertainty, what should commercial real estate investors do now? Willy and Peter unpacked why Peter believes rates will eventually come down, what owners facing near-term maturities should consider, and why disappearing concessions could signal a turning point for multifamily. They also explored the extraordinary flow of capital into data centers and why Peter believes the sector could eventually become overbuilt, the outlook for office, today’s shortage of equity capital, and where Peter would invest $100 million in commercial real estate right now. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Peter Linneman,  Leading Economist, Professor Emeritus, The Wharton School of Business Part 27

Walker Webcast

[SPEAKER_00] Walker and Dunlop brings you insights for life, unique perspectives from impactful leaders. This is the Walker Webcast with Willy Walker.

[SPEAKER_03] Good afternoon and welcome to another Walker Webcast. It is my great pleasure to have my friend, I'd call him my colleague, my guru, my professor, Dr. Peter Linneman,

[SPEAKER_03] joining me again. I end in Fort Worth, Texas at the Dominium annual LP meeting and it is a real joy to be here with our partners at Dominium and seeing all of their investors in many of the projects that Walker and Dunlop and Dominium have worked on together. And so, Peter, a lot has happened. The last three weeks have been incredibly tumultuous in the real estate capital markets.

[SPEAKER_03] My phone has been inundated with Walker and Dunlop customers calling me and saying, can we get you on a call with our team to figure out where are rates going? Where's the market going? And should I be running to refinance a property today? Should I be selling a property? Should I be concerned about being able to get out of this property a year or two from now?

[SPEAKER_03] And my feeling for years has been that for the last three years, we've been into what I've called the hope trade, the waiting and hoping that inflation would come out of the system, that the president would replace the Fed chair with a potentially new Fed chair who would start to cut rates in line with what the president has been calling for for quite some time,

Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business Part 27

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business Part 27

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.