Executive Talks Commercial Market Flux
Mortgage Professional America, March 19, 2024–Fergal McAlinden
A prolonged shift in the commercial space is likely to see continued repricing across a variety of asset classes, cap rate expansion and fresh opportunities for commercial investors, according to a leading executive in the sector.
Greg Friedman, chief executive officer at real estate investment firm Peachtree Group, told Mortgage Professional America that while rate declines were almost certainly on the horizon this year, market observers shouldn’t expect a dramatic drop anytime soon.
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