Harris Lukashok, our Head of Origination provided his thoughts on commercial real estate private credit providers waiting for any changes to US interest rates. “Today is more about what the Federal Reserve is saying about expectations for multiple rate cuts, if any, for the rest of the year…the prevailing market indicators reflect that there will be no action today. We are not waiting for the magic moment to happen for real estate and credit world.”
Read the full article here: https://www.perecredit.com/term-sheet-feds-rate-signals-psps-1bn-wharf-refi-brookfields-real-estate-succession/