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CRE Braces for Interest Rate Hike No. 6

By January 6, 2023June 12th, 2023No Comments

While the industry may be well-prepared, questions remain about the market’s stability.

On Nov. 2, as part of its continued effort to combat inflation, the Federal Reserve will raise the baseline interest rate by yet another 75 basis points, its sixth increase this year, following hikes of the exact same margin in July and September.

With the borrowing costs increasing and inflation at its steepest in 40 years, nearly all commercial real estate sectors, types and markets are feeling or will experience their effects in some form or another, from borrowing costs and capital markets to the development and construction of new properties. Experts across the industry offer their latest insights.

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