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The higher rates "could send the market into a deep freeze."
There is a "logjam" in the CRE sales and financing markets.
Meanwhile single-tenant cap rates are expected to continue rising throughout 2023.
Last year investment sales totaled $10 billion.
Capital for retail and multifamily properties is still available.
Seventy-five percent of South Florida owners see a stable market ahead.
They are Atlanta, Nashville, and Dallas/Fort Worth.
Demand is expected to cool but rents remain a bright spot for the category.
Fast Casual category leaders include Wingstop and Shake Shack.
Year over year growth in March slowed to 3.1%.