CoStar News: Hoteliers Welcome Fed's Second Rate Cut of the Year
CoStar News - The Federal Reserve cut interest rates Thursday (10/23/25), as many expected, but Fed Chairman Jerome Powell warned that a December cut “is not a foregone conclusion.”
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.