For more than two years commercial real estate slogged through the uncertainty caused by the COVID-19 pandemic.

Its various phases affected subsectors differently. Industrial, multifamily and data centers never missed a beat. Retail and hospitality suffered greatly at first, then bounced back. Office still faces major questions as companies wrestle with what hybrid work looks like.

The industry has a lot to feel good about. Initial worries about a wave of distressed real estate turned out to be unfounded. Fundamentals stayed strong. And in some cases, rents and valuations recovered and then hit new highs.

So now the new challenge is inflation and rising interest rates. In this Midyear Special Issue, dozens of CRE organizations have contributed insights about various property sectors and the state of the industry. Many take the questions of inflation and rising rates head on — and offer predictions about what investors should expect.

We hope you enjoy this exclusive collection of pieces covering the full gamut of the industry...