Middle Market Investors Don’t Mind Rising Rates

LOS ANGELES—Middle market investors aren’t concerned about the incoming administration or the potential for rising interest rates next year, according to Rich Johns, a broker at Keller Williams Commercial. Johns focuses on high-net worth and private investors in the $5 million to $10 million range, and from his experience working with these investors daily, they are not concerned about the new administration or rising rates in the next year.

“It is a small topic, and I don’t really see [the new administration] being a game changer for these investors,” Johns tells GlobeSt.com. “These are investors that look at each transaction on a case-by-case basis to determine if there is an ability to raise rents, renovate and update, and if it is going to be a profitable investment going forward. The new president isn’t necessarily going to affect what those investors do for one building from a purchase standpoint.”