2026 CRE Debt Maturities$875BMBA Q1 Investment Sales$112.6B ▲18% YoYAvison Young Office Vacancy18.6%CBRE Q1 2026 Multifamily Vacancy4.8%▼20bps QoQCBRE Industrial Vacancy7.5%CoStar Retail Vacancy4.4%CoStar 10-Yr Treasury4.67%U.S. Treasury CMBS Delinquency7.55% ▲41bpsTrepp Office CMBS Default11.71% — Record HighTrepp Avg CRE Cap Rate6.44%Avison Young Outstanding CRE Debt$5.0TMBA 2026 Investment Forecast$562B ▲16%CBRE Retail Asking Rents$24.59/SF ▲2.4% YoYCBRE Multifamily Cap Rate5.8%CBRE

Meet Our team

Steve Philipp

AI Expert

Stephen Philipp serves as RePrime’s AI Implementation Specialist, where he leads the introduction and deployment of advanced technology to expand, strengthen, and scale the firm’s internal systems. He is responsible for AI research, data infrastructure, automation, communications, and workflow design—ensuring that RePrime operates with speed, precision, and intelligence across every stage of the investment lifecycle. His work bridges strategy and execution, turning emerging technology into practical tools that drive real operational advantage.

With a background in managing and operating multiple businesses, Stephen brings a strong operator’s mindset to everything he builds. He combines hands-on business experience with cutting-edge technology to streamline processes, reduce friction, and create systems that actually get used. At RePrime, he works closely with leadership to design scalable internal flows that support deal sourcing, analysis, communication, and long-term growth—positioning the firm at the forefront of AI-driven real estate operations.

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