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Will it be a year of reckoning?
But, as one might expect, office is still hurting.
Buildings are a significant creator of greenhouse gas emissions.
If the 10-year hits 5% and keeps going, that would complicate a CRE recovery.
Still, many metros are far from recovery.
Rising inflation expectations make the FOMC take a step back.
Multifamily has done better than the industrial, office, and retail sectors.
Their use has been building for some time.
This is ‘mostly good news’ for landlords who need grocery anchor tenants.
But automotive has developed “strong immunity” to e-commerce disruption.