With most of the results of the election in and another interest rate cut made by the Federal Reserve, CRE investors now have more clarity about what the future landscape could look like. Julie Baird, president of tax-deferred 1031 exchange firm, First American Exchange Company, which allows transactors to dispose of properties and reinvest, sees a buying opportunity emerging in the market.
But “trepidation” might remain for the rest of the year, she added.
“I think we'll start to see some stability in the market,” Baird told GlobeSt. “And as rates come down, there will be more opportunities.”
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