In a conference session that focused on capital markets, panelists warned attendees at GlobeSt Net Lease Spring to prepare for the likelihood that the Fed's medicine for inflation may not come in small, easier-to-swallow doses.
"Interest rates go down slowly, but they go up quickly, and that's what's going to happen. You're going to see these big steps, two 50-basis-point increases this year," Ralph Cram, president of Envoy Net Lease Partners, said.
Larger interest rate hikes will shock the net lease market, Cram predicted.
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