The debt markets are still in full-phase digestion mode, although it's clear the financial markets and CRE debt markets are in a better place today than they were compared to even 30 days ago, according to Cushman & Wakefield's Global Head of Investor Insights, Abby Corbett.
Speaking on a recent news analysis video by her firm, along with providing analysis, Corbett said that a lot of the improvement can be credited to the Fed's dovish shift in messaging back in December.
"We've also seen a noteworthy contraction in CMBS debt spreads, which has helped create some much-needed momentum and greater diversity in debt sources," she said.
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