It’s no secret the commercial real estate market is hurting, especially following Federal Reserve Chair Jerome Powell’s meteoric escalation of interest rates. According to Knowles Gallant Timmons Partners Jon Gallant and Jared Hodges, there are many challenges and uncertainty in this different market, and “right now is a great time to do nothing.”
Gallant and Hodges outline the latest developments in capital markets and how to navigate this tricky real estate market at time when capital is so expensive.
When it comes to financing a real estate acquisition or new development, buyers have two difficult problems that are universally new in the present market: Capital is scarce and capital is expensive.
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