Jan
16
Rising Borrowing Costs Spell Trouble for Commercial Real Estate
ByThe last time yields were this close to interest rates was near the market’s previous peak in 2007
An important indicator in the U.S. commercial real-estate market is signaling that a decadelong bull run is on shaky ground heading into the new year.
The gap between long-term borrowing rates and what some types of commercial properties on average yield is the narrowest it has been since 2008, according to data firm Trepp LLC…
Rising Borrowing Costs Spell Trouble for Commercial Real Estate