Higher Interest Rates Spark Commercial Real Estate Dispersion

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“We believe we are in the early innings of a new real estate cycle, driven by the structural reset resulting from higher interest rates. At this point, it’s old news that higher interest rates have changed the valuation of commercial real estate. What DK’s research indicates, however, is that higher rates are likely to lead to greater dispersion across the commercial real estate universe.” In an exclusive interview with Institutional Real Estate, Inc. (IREI), Josh Morris, Partner and Global Head of Real Estate at Davidson Kempner, discusses how sector and regional dispersion are creating opportunity. Read the full article below. 

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