Episode Details

Omar Eltorai sits down with Mike Amthor, who leads US Performance Evaluation Analytics, and Cole Perry, Associate Director of US Research at Altus Group, to compare the Q2 2026 NCREIF ODCE Index against the Investment and Transactions Quarterly (ITQ) report. Two separate data sets, but a cohesive story: values continue a light upward trend driven by cash flow fundamentals, while transaction dollar volume climbs even as deal count still lags year-over-year. The conversation covers a capital movement from multifamily into industrial, cross-validated strength in storage and medical office, and a caveat on the office recovery narrative.

Key moments

• 01:55 ODCE Index explained
• 03:27 ITQ data overview
• 04:41 Q2 ODCE headlines
• 06:24 Q2 transactions headlines
• 08:04 Valuations vs deals
• 10:57 ODCE sector trends
• 13:39 Transaction sector trends
• 15:49 Storage and medical office
• 18:50 Market spotlights
• 23:43 New ITQ Metrics
• 28:08 Client pulse and outlook

Resources mentioned

• Mike Amthor – https://www.linkedin.com/in/michael-amthor-40865154/
• Cole Perry - https://www.linkedin.com/in/coleperry1/
• Altus ODCE Index results webinar – https://www.altusgroup.com/webinars/ncreif-odce-index-quarterly-analysis
• Altus US CRE Investment and Transactions Quarterly report - https://www.altusgroup.com/featured-insights/cre-transactions/