Market Commentary | December 15, 2021
Investor fears and anticipations were confirmed when the U.S. Bureau of Labor Statistics announced that the November 2021 Consumer Price Index rose 6.8% from the prior year period, the largest 12-month increase since June 1982. Ex food and energy, all prices were up 4.9%.
Market Commentary | November 8, 2021
Market Commentary | November 8, 2021 Over the last few months, two topics have dominated economic/investment debate: the pace and strength of economic recovery and surging inflation. After just a half hour’s television broadcast, the topic count was reduced to only...The Recapitalization of the Commercial Real Estate Sector Continues and Markets Evolve
In September we highlighted some examples of the refinancing/recapitalization frenzy that was occurring all across the REIT sector. The trend continues.
The Recapitalization of the Commercial Real Estate Sector Has Begun
Back in March, in a herculean effort to create liquidity, the Federal Reserve pledged a multi-trillion dollar expansion of its balance sheet through the purchase of a broad swath of securities. In September Chair Jay Powell declared that interest rates would stay at or near zero through 2023.