With global upheaval from tightening monetary policy, rising interest rates, and persistent geopolitical uncertainty, the world of commercial real estate is now more than ever characterized by have’s and have not’s. Transactions and pricing trends seem to be in limbo as expectations about funding costs vary between buyers, sellers, and other players in capital markets. Income drivers like rents and vacancies appear to still be going strong – at least for some property types – but are we just waiting for the next shoe to fall? And what are our expectations about a recession occurring in the near term?
Join us for an interactive discussion about places, property types, space markets, capital markets, and all things CRE and the economy. As usual, John Toohig of Raymond James will keep it real and ask Moody’s Analytics’s Head of CRE Economics Victor Calanog, what’s really going on, what’s likely to happen, and whether or not we should be worried – or remain somewhat optimistic – about 2023.
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