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The tactic didn’t eliminate interest rate pressure for many borrowers.
There’s strength overall ‘with stable vacancy rates and growing consumer spending.’
Chair Jerome Powell seems to be trying to reset market expectations.
That majority lacks fully satisfactory ratings from regulators.
Whether from increased traffic or charging revenue, EV chargers boost margins.
Investment conditions are improving for this asset class.
The sector continues to grind out bad news.
Starbucks is still a dominant presence, but competitors are offering landlords a better deal.
CMBS fixed-rate conduits hit 4.46% distress while Freddie Mac K-series securitizations don’t even crack 0.20%.
The chair says not to bet on fast rate reductions.