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And tenants aren't having easy credit times either, says the Fed.
Healthcare Realty will provide properties to seed the JV while KKR provides an equity contribution.
That's going to make waiting for any eventual interest cuts harder.
If true, ironically it would likely mean more rate cuts and cheaper financing.
The holdback had raised fears that servicers would start making surprise decisions that affect returns in deals.
Quick service restaurants are showing relative steady investment volume and cap rates.
Lower productivity can translate into higher product costs and, therefore, more inflation.
The inventory-to-sales ratio is about 3.0% below the 2019 pre-pandemic image.
CalSTRS' problem suggests that CRE owners may have issues nailing down data from their tenants.
Unemployment rate rises to 3.9% and wages come in softer than expectations.