CRE Holding Pattern Continues With Fed’s Sixth Straight Interest Rate Increase
With the Federal Reserve announcing its most recent quarter-point rate hike, our Head of Commercial Real Estate Strategies David Schwarz spoke with Andrew Coen from Commercial Observer about the potential impact on real estate.
“The bid ask remains pretty wide between what buyers want to transact at and what sellers are willing to trade for…with a 25 basis point hike, this exploration of value will continue.”