Fed’s Interest Rate Hike Pause Gets Commercial Real Estate Excited About 2024
Commercial Observer, Dec. 29, 2023–Andrew Coen
Christmas came early for the commercial real estate industry on Dec. 13. That’s when the Federal Reserve signaled its hawkish strategy of fighting inflation with higher interest rates was likely finished, and that lower interest rates are in store for 2024.
Cheaper borrowing costs could unleash a wave of dealmaking in the new year.
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