Cap rates: they’re stuck, they’re weird, and they’re making commercial real estate sloooow. In this episode of In the CRE Vault with Mike and Marc, the guys dive into the upside-down world where interest rates are high, cap rates are low, and some companies are tossing around “projected” or “blended” cap rates that assume buildings are full — even when they’re half empty.

But not Mike and Marc. They keep it real, sharing sharp advice on how to navigate today’s market without falling for the fluff.

Oh, and there’s an update on Mike’s baby city chickens — because obviously, no episode is complete without a little backyard farm drama.

Tune in for laughs, lessons, and the inside scoop on why this cap rate puzzle matters for everyone watching the CRE space.

Remember when you could build out an office without needing a second mortgage? Yeah, us too. In this episode of In the CRE Vault with Mike and Marc, the guys tackle the slow but not-so-sad state of the office market — where costs are up, patience is thin, and co-workers won’t stop talking about their weekends. From rising buildout expenses to the “flight to quality” trend, Mike and Marc break down why companies are still chasing those Class A spaces with fancy lobbies, solid Wi-Fi, and maybe even a kombucha tap. The market might not be booming, but it’s definitely evolving — and no, it’s not all doom and gloom.

Tune in for laughs, logic, and just a hint of nostalgia for the good ol’ days when drywall didn’t cost the same as a used car.

Retail’s holding steady, and so are Mike’s chickens — both thriving in their own way. In this episode of In the CRE Vault with Mike and Marc, the guys dive into the current retail real estate market, breaking down what’s hot, what’s holding, and what’s hilariously unexpected.

From strip centers to street-front gems, they unpack why retail is still kicking strong in a world of online everything. You’ll hear about steady rates, demand, and why this market might be one of the resilient performers in CRE right now.

Oh — and yes, there’s more poultry talk. Turns out chickens are surprisingly good at pecking out retail trends (or at least entertaining Mike while he does).

Pull up a chair, pop in your earbuds, and get ready for another round of laughs, insights, and a fresh perspective on the Midwest retail scene.