Pillar III · Reports · Forthcoming Q3 2026
One metro. One quarter. Everything that matters.
A quarterly market report on a single top-25 US metro — job formation, permitting, transaction volume, cap-rate spreads, capital-markets activity, and the lender programs active in the geography. Rotating coverage, ~30 pages each.
What each issue covers
~30pp
Tight, dense, no padding. Designed to be read once and cited from often.
6 segments
Demand, supply, transactions, cap rates, capital markets, regulatory.
$39
$49 per issue. Subscriptions reduce per-issue cost.
Who this is for
Originators
Know what's happening in the metro before quoting. Where transaction volume actually is, where credit is competitive, where the agency flow is concentrated.
Sponsors
Pressure-test the market thesis on a deal. Where demand is real vs. narrative; where supply is about to land vs. underperforming.
LP allocators
Evaluate sponsor market memos. Read the same metro through the same editorial lens every quarter; spot the sponsor whose narrative diverges from the data.
Lender credit
Underwriting committee reference. A shared market read across the portfolio reduces the analyst's time defending each individual deal memo from scratch.
Issue outline
I. Demand
Job formation by sector, wage growth, household formation, population growth. Where the demand is, where it's slowing, where it's accelerating.
II. Supply
Permitting trends, starts, completions, deliveries by asset class. How much new supply is being absorbed and what's about to land.
III. Transactions
Volume by asset class, $/unit and $/sf trends, buyer mix (institutional vs. private), distressed vs. healthy.
IV. Cap Rates
Asset-class cap rates and spreads. IRR-adjusted, spread to Treasuries, trailing-12 change. Geography-vs-national differential.
V. Capital Markets
Origination volume by lender type, agency flow, distressed activity, active programs and their parameters. The lender landscape in the metro at quarter-end.
VI. Regulatory + Outlook
Local zoning, tax assessment, rent regulation, and other jurisdiction-specific items that affect transaction posture.
FAQ
Which metro per quarter?
Coverage rotates across the top-25 US metros by transaction volume. The annual subscription covers four metros per year — sequence announced at the start of each calendar year.
Annual subscription pricing?
$149 for the quarterly Top-25 Metro subscription (4 issues at $39 each). $499 annual for full Reports library access (16+ issues). Subscribers to the Dispatch get founders' pricing.
Is the data licensed?
Yes. Each issue includes a license for internal use within the purchasing firm. Republication or redistribution requires written consent.
Refund policy?
30 days, no questions, no forms. Email support@valoreregistry.com.
Pricing
Single issue $49
Founders' price (first 14 days) $39
Quarterly subscription (4 issues) $149
PDF, ~30 pages per issue. Internal-use license per purchasing firm. Informational only — not investment advice. Material from the report should be verified against the source datasets before use in transaction documents.