2023 will resemble many actions like in the water cycle, circulation and volatility in weather and markets, evaporation in equity from higher interest rates and rising cap rates.  Capital will be available just as precipitation in the water cycle but how much dry powder will be the big question. Economic Overview: As the Federal Reserve […]

Commercial Real Estate Overview: As expected the Fed increased the Fed Funds Rate 50 basis points (pbs), for a combined 425 bps of tightening’s in 2022, it is now forecast the rate to go above 5% during 2023 with 3 more hikes likely. The Fed moderated its aggressive tightening while still signaling to the market […]

Commercial  Real Estate Overview Federal Reserve Chair Jerome Powell signaled that the central bank is likely to slow the pace of rate increases to 50 bps in December after this week’s 75 bps hike, according to Goldman Sachs Research. The funds rate is likely to rise to a higher peak than policymakers had previously projected. […]