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Analysis

This CEO Explains to Congress How to Help CRE

The suggested strategies would help shore up liquidity and steady demand.

In congressional testimony this week, Real Estate Roundtable CEO Jeffrey DeBoer addressed issues facing commercial real estate. As part, he offered the organization’s suggestions on “removing regulatory hurdles” to aid the industry.

“Uncertainties surrounding office and other spaces uses following the pandemic, combined with higher operating costs and interest rates induced by inflation, created a perfect storm of significant challenges that linger for the industry,” he said. In some markets, a lack of liquidity is the largest hurdle. In others, demand uncertainty and changing usage patterns are providing the greatest stress.

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Erik Sherman

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