It’s Inevitable: Expect a Slowdown in Commercial Deals After Latest Interest Rate Hike

Real Estate Journals, Sept. 26, 2022–Dan Rafter
In its efforts to curb rising inflation, the Federal Reserve on Sept. 21 raised its benchmark interest rate by three-quarters of a percentage point. The Fed also said that it plans to boost this rate in the future to fight inflation.
This move, of course, sent another ripple of concern through the commercial real estate industry, with CRE professionals wondering how many commercial deals the higher interest rates might scuttle.