Grind to ’29: Opportunity in CRE’s Capital Reset
Over three years, CRE endured the painful phase: values reset, deals slowed and lenders pulled back. That was Survive to ’25. Now the market enters Grind to ’29.
Greg Friedman covers how the Iran conflict is pressuring commercial real estate values. He also highlights the risks of loans maturing, as many are coming due between now and 2027, but were created when rates were much lower. “There’s really going to be a need for new liquidity,” he says, anticipating forced selling and refinancing. Greg also covers demand around the World Cup, which he expects to be a big driver for hotels.