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Interest rate hikes have been taking a toll on commercial real estate, especially as interest rate caps become expensive enough to kill deals. Grant Cardone, CEO of Cardone Capital, told GlobeSt.com a month ago, “In the last 18 days, I had about a billion dollars of real estate I was trying to buy [fall through]” because of the financing realities.
But what’s happened since? More of the same, when it comes to financial conditions, and it’s frustrating for many.
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New York metro area will deliver 28,000 while Dallas-Fort Worth will develop 23,500 new units.
Erik Sherman |
You don’t want to wish ill on anyone, but it can be comforting to realize that if the economy goes bad, you might receive some benefit.
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While all signs point to a deceleration in the manufacturing sector, industrial appears to be holding steady.
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The commercial real estate industry is navigating changing dynamics with the rise of hybrid working environments and greater demand for digitally-enabled buildings and spaces. But delivering on this demand brings increasing amounts of complexity. Download this eBook for key considerations when evaluating a digital infrastructure.
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White Paper
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2022 Domestic Migration Trends
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Report
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There are three major trends converging to shape new renter dynamics: The Great Resignation, The Occupancy Fallacy, and The Renter Research Revolution. Download this report to explore these trends and learn how to thrive in this new era.
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