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Happening Now
Market Week : April 17, 2023
Investors spent much of last week contemplating the impact of the latest inflation data and the first batch of first-quarter bank earnings.
A Closer Look at Commercial Real Estate | Weekly Market Commentary | April 17, 2023
The commercial real estate (CRE) market has recently captured the spotlight after being flagged as the next potential shoe to drop following last month’s banking turmoil. While rising rates have weighed on financing costs and the recent bank failures will make lending more restrictive, the postpandemic world has produced structural changes that will likely weigh on the sector, especially within the retail and office segments. Banks, especially smaller cap regionals, are most exposed to CRE if credit cracks continue to widen.
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