Deconstruct - Episodes Tagged with “Interest Rates”

BGO's Chief Economist on The Fed's Next Move

The Real Deal — Mon, 24 Jun 2024 05:00:00 -0400

Don't expect interest rates to drop back to zero. But your floating-rate loan may be a bit less painful by year's end. The Real Deal's Deconstruct chatted with BGO's Chief Economist Ryan Severino about when rate cuts will come, the data that shows a cooling economy and what risks the Federal Reserve runs if it cuts too little, too late.

The Syndicator's Dilemma: A Multifamily Boom Goes Bust

The Real Deal — Mon, 30 Oct 2023 05:00:00 -0400

Two years back, when money was still cheap, a new crop of investors was getting in on the red-hot multifamily market. Syndicators — investors who pool money to buy properties — turned to floating-rate debt to quickly close on deals when demand was at its peak. After a year and a half of rate hikes, many of those fledgling investors are now grappling with distress. Nuvo Capital Partners' Brian Underdahl discusses the catalysts behind that boom and how his firm is working with borrowers to save troubled deals.

As Equity REITs Flounder, Fundrise CEO is Bullish on Credit

The Real Deal — Mon, 06 Mar 2023 06:00:00 -0500

For the past year, public real estate investment trusts that own or manage office buildings, hotels and multifamily have traded at steep discounts as investors feared rising rates would take a whack to profits and property values. Amid that downturn, Ben Miller, CEO of investment platform Fundrise, has set his sights to credit. Tune in for the lowdown on why Miller sees opportunity in debt and which asset classes he’s eyeing once equities markets recover.

The Myths of Multifamily’s Sun Belt Bust

The Real Deal — Mon, 27 Feb 2023 08:15:00 -0500

What goes up must come down, right? That’s one of the myths that has followed the Sun Belt’s multifamily market for decades, says Real Page Chief Economist Jay Parsons. It’s the idea of a boom and bust cycle, wherein strong periods of investment give way to supply levels that overserve demand. In practice, though, the Sun Belt has proved itself a market as or more resilient than many coastal cities. Here’s the rundown on why 2023 will likely be no different.

A Peek at CRE in 2023

The Real Deal — Mon, 19 Dec 2022 06:00:00 -0500

It's the end of the year as we know it, and investors feel — uncertain. Rate hikes have slowed deals in the second half of 2022 and Fed Chair Jay Powell said there's more pain to come. But how long will all the available dry powder stagnate on the sidelines? Deconstruct breaks down 2023 forecasts for multifamily, retail, industrial and office and chats with Moody's Senior Economist Thomas LaSalvia about when the deal dam might break.