Are Interest Rates on the Move?

The Fed’s Board of Governors has held off raising interest rates for now.

CHICAGO—Throughout much of 2015, the real estate world was filled with discussions on when and by how much the Fed would push up interest rates. A lot of this talk subsided after Janet Yellen and her colleagues took a pass when they had another opportunity to boost rates, but the question still hangs over many of the decisions people have to make every day. And at DLA Piper’s Global Real Estate Summit, held yesterday in Chicago, a group of leading bankers and capital providers spoke to hundreds of attendees on what they could expect in the next few years.

Ross L. Smotrich, managing director-research for Barclays Capital Inc., moderated the discussion, and began by asking the panelists whether the era of record low interest rates had ended.