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Fed's Rate Action is Mainly Positive

NEW YORK CITY—"Most investors have anticipated this, and have baked it into their strategies," Cushman & Wakefield's Steven Kohn tells GlobeSt.com. Hear from Kohn and other commercial real estate experts about what comes next.

By Paul Bubny | Updated on December 20, 2015

NEW YORK CITY—It’s no longer news that the Federal Reserve has increased the federal funds rate by one quarter of a percentage point, and has signaled that this initial move will be the first step in a gradual normalization of interest rates from the 0% to 0.25% range they have maintained since 2008. But the implications of this historic move are still being sorted out.

To help readers get a handle on what the future is likely to hold, GlobeSt.com asked three commercial real estate experts in capital markets and the economy to share their thoughts. Excerpts of their comments appear below.

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