Higher Treasury yields are forcing commercial real estate investors to confront a tougher question than when borrowing costs will fall: Which deals work if they don’t? With economists surveyed by The Wall Street Journal expecting elevated rates through the rest of the decade, investors are reducing leverage, pushing for prices that support returns and seeking income growth they can generate themselves.
Bo Diamond Featured on Globe St.: CRE Investors Stop Counting on Lower Rates to Make Deals Work
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