MMM’s Justin Barry was recently featured in Scotsman Guide for his insights on the recent Federal Reserve rate cuts and the impacts on the commercial real estate industry.
"The Federal Reserve’s rate cut today offers what could be a boost for the [commercial] real estate industry, particularly after nearly two years of sluggish transaction volume. While everyone is cautiously optimistic about the policy shift towards cuts, it remains uncertain how quickly development and transaction volume will recover and what lasting impact the high-rate environment has had on the industry. Rate cuts are finally here, but the commercial real estate recovery could be more tortoise than hare, so we need to temper our excitement. What may end up having a larger impact than rate cuts on a clogged transactional environment in certain asset classes is commercial real estate lenders having the willingness to take action on distressed loans as opposed to continuing to kick the can down the road. Time will tell."
If you have any questions or would like additional information, contact Justin Barry.
