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.
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.