Capital Markets

Borrowers with loans approaching maturity in the short term should prepare to refinance in a high-rate environment.

That shouldn’t be a surprise. With the number of changes coursing through the economy and incoming policy yet to be implemented, they don’t know what will happen.

Many in finance and CRE assumed virtually all banks were crushed under the weight of commercial real estate loans that plunged in value. Maybe they were wrong.

Things are moving more slowly than many think for many different reasons.

The starting point is ‘much, much, much better’ than during the disaster of the Great Recession.

While vacancy growth slows as the construction pipeline contracts, tenant demand may be making a comeback as certain markets reset. 

Higher yields for the 10-year have a more obvious negative effect.

They see how quickly things can change, something CRE markets should remember.