CoStar: Hotel Leaders Weigh Inflation and 2027 Outlook
Peachtree Group CEO Greg Friedman says AI-driven capital flows, high interest rates and policy uncertainty challenge hotel refinancing despite strong fundamentals.
Bloomberg Radio | Greg Friedman discussed the fragile state of the commercial real estate market, with transaction volumes down 50% due to higher interest rates. Over the next 12 months, $1 trillion in commercial real estate loans will mature, offering opportunities for well-capitalized buyers. The conversation also highlighted the growing importance of private credit,which now makes up 10% of the commercial real estate ecosystem, providing stability. Additionally, there was a mention of the bifurcation in the office sector, with better-quality buildings showing recovery.