When the Federal Reserve last month raised interest rates by three-quarters of a percentage point, it ranked as the agency’s most aggressive such hike since 1994. The Fed made this move to combat inflation. But commercial real estate pros worry that rising interest rates could scuttle deals that were set to close but might no longer make sense now that rates are high. How has this impacted commercial real estate deals so far? It’s still early, but CRE pros say they are keeping a close watch on deals in progress.
How many deals will rising interest rates wipe away? CRE pros in wait-and-see mode
