Higher Rates, Real Opportunities: Greg Friedman on CRE in 2026
Elevated rates and refinancing pressure are reshaping commercial real estate in 2026. Greg Friedman explains why today’s stress is balance sheet driven, not asset driven.
"It was a highly competitive year for lenders on our list, and we gave props to those who kept the market ticking over with their multiple irons in the fire and several different ways to finance borrowers irrespective of market conditions. Whether they were offering a suite of products, playing up and down capital stacks, buying loan pools or securities, or launching new partnerships, our top lenders are those that offered continuity, reliability, certainty of execution, critical expertise and a wee bit of scrappiness.” — Commercial Observer
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