The inflation numbers that appeared on Friday—a 1 percentage point jump in May bringing the 2022 annualized rate to 8.6% from 8.3% in April—were "stunningly high," as one investment analyst told Business Insider.
There are many implications for all industries, including commercial real estate. As inflation rises, so do many costs. There is one aspect of operations in particular that is worth considering: the need for strong cash management.
"I think this is an area that's been difficult to get visualization and action around," Anne Hollander, CEO of Lobby CRE, a Thirty Capital company, tells GlobeSt.com. "It is a very old story with new and faster technology around it. Historically, we all knew it was an issue, but it hasn't been adopted [widely] in real estate."
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