Sep
16
Rate Increases Will Be ‘Healthy’ for CRE
ByNetwork with the nation’s top CRE dealmakers at RealShare APARTMENTS in Los Angeles on Oct 21-22,RealShare INDUSTRIAL in Atlanta on Nov 3-4, RealShare NEW LEASE WEST in Los Angeles on Nov 11-12 andRealShare HEALTHCARE REAL ESTATE in Scottsdale, AZ on Dec 2-3.
Dickerman expects the industry to “power right through” increases.NEW YORK CITY—Depending on whom you ask, Federal Reserve watchers have been equally adamant in recent weeks that Wednesday’s meeting of the Federal Open Market Committee will or will not lead to the first of what is likely to be a series of incremental boosts in interest rates. They’ve also been certain—again, depending on who’s doing the talking—that the time has come for the Fed to begin raising rates, or alternately that now is not the time. As far as commercial real estate is concerned, the prospect of a rate hike brings no small amount of trepidation, especially with the Fed’s 0% rate in effect for nearly seven years now…
