As we’re moving through the Summer months, the theme remains the same, banks are still on a lending hiatus and debt funds are inundated with requests.
While the consensus was that the Fed would press pause on future rate hikes, it seems that we should be bracing ourselves for more increases as employment and wages are persistently higher than expected. Despite the road ahead looking bumpy for CRE, we continue to be optimistic as both debt (non-traditional) and equity are aggressively looking to transact as more opportunities arise.
