OLYMPIC VALLEY, CA—The commercial real estate market is an evolving landscape, shaped by economic factors, market trends, and investor sentiment. One crucial element that has been on the minds of industry players in recent months is the rising interest rate environment. At the recent GlobeSt. Women of Influence conference, a CRE State of the Industry Panel convened, bringing together key industry influencers from every link in the value chain. The panelists engaged in a candid discussion about the current state of the CRE market, transactional shifts, and the impact of rising interest rates on their respective sectors.

Moderated by Ashlee Cabeal, CFO of Hamilton Zanze, the panelists provided valuable insights on how the changing interest rate environment has affected their businesses and the broader industry.

Julie Baird shared her perspective on the impact of rising interest rates on the exchange market. From a deal volume standpoint, she noted a dramatic impact, witnessing a slow decline that eventually reached a plateau. However, despite the decrease in deal volume, First American Exchange Company's revenue experienced an increase. This trend suggests that the interest rate environment has been favorable for the company's operations. The ability to maintain revenue growth amidst declining deal volume indicates their resilience in navigating market fluctuations.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.