Has the dramatic post-election upward movement of interest rates on the 10-year Treasury affected commercial real estate pricing? It has, but “modestly,” although greater impact may yet occur, CBRE Group said Friday.
In a study, CBRE examined 189 transactions valued at a total of more than $10 billion that have either closed since this past November or are in negotiation. The study focused most closely on the 116 deals that either have closed or have a non-refundable deposit and are proceeding to closing.
Read more...What the Jump in 10-Year Rates Did to Pricing | GlobeSt.com
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