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The tactic didn’t eliminate interest rate pressure for many borrowers.
Everyone is concerned about high capital costs and economic uncertainty.
But transaction activity may take several quarters to bounce back.
Chair Jerome Powell seems to be trying to reset market expectations.
That majority lacks fully satisfactory ratings from regulators.
He also discussed the state of investment going into 2025.
People will need to navigate a complex mix of implications.
Cushman & Wakefield’s Bruce Mosler speaks on the CRE market trends.
Smaller institutions have less infrastructure and leaner teams.
Overall negative returns in 2023 are giving institutions second thoughts.