Commercial real estate continues to face a growing number of challenges, from inflation to geopolitical events to the Fed’s ‘higher for longer’ interest rate outlook. All these factors have an impact on sales volume, pricing, debt, and refinancing. So where does distress manifest from in the commercial real estate world? Overall, commercial real estate fundamentals, …
The industrial real estate market has proved to be one of the more resilient major commercial property types, both during and after the pandemic. Inflation-adjusted retail goods sales and truck tonnage are at high levels, and containerized imports at U.S. seaports are posting seasonally adjusted all-time highs. The T-12 figure of 12.6 percent rent growth …
Media headlines of bank failures, the Federal Reserve’s continued interest rate hikes, a coming wave of distressed real estate, and the threat of an impending recession have caused uncertainty, and the amplification of a doom and gloom market outlook that creates unnecessary anxiety. This anxiety has spilled over to the consumer as 79 percent of …
Announcements by the Fed regarding monetary policy changes, bank failures, and elevated interest rates have caused many commercial developers and investors to pause and reevaluate their paths going forward. Excluding the office sector, market fundamentals of occupancy and rent growth have been good in most property sectors. However, the current market is full of uncertainty …
Over the past month, we’ve faced with a heated presidential election, an administration transition and a second wave of the COVID-19 pandemic. Government’s reaction has been to test more people and restrict movement in an attempt the contain the virus until vaccines can be approved and distributed. At the start of the fourth quarter 2020, …
The COVID-19 business shutdown was rapid as it spread over the national and local economies throwing them into a recession in the second quarter 2020. Recessions are typically market resets, but this was an external shock to the system. It poses the question: will a slow and gradual return back to normal be different? So, …