Cuts Looking Like Faith Rather Than Data-Driven

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.

The start of 2026 has brought no shortage of uncertainty, from geopolitical headlines to shifting economic policy signals. In the latest episode of Peachtree Point of View, host Greg Friedman, CEO of Peachtree Group, speaks with Mark Zandi, Chief Economist at Moody's Analytics, to assess where the economy and commercial real estate are headed and how investors should position themselves.

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.”