A pronouncement last week by Philadelphia Federal Reserve President Charles Plosser that higher interest rates might be coming sooner than anyone expected stoked some fears among commercial real estate players. In a speech on Tuesday, Plosser suggested rates could rise in the third quarter because the Federal Reserve is hitting some of its key metrics for improvement, such as a dropping unemployment rate, earlier than expected.
Start your Real Estate Finance Intelligence service today for full access
Not ready to subscribe? Register today for a free trial.
Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
© 2014 Institutional Investor LLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,
Cookies before using the site.