Following two years of relatively stable and historically low interest rates, the commercial real estate industry now finds itself in the throes of a challenging market for closing transactions. In this episode, hosts Jay Wardlaw and Dan Evans and guests Ron Gart and Tobi Pinsky take a look at the current environment through a finance lens, including:
• transaction lifecycles as cap rates increase and prices decrease in most sectors
• if certain areas – construction, retail, multifamily – have been hit harder than others
• the market’s effect on the scope of recourse carve-outs
