CoStar: Hoteliers say new US interest rate hike opens and closes doors
Peachtree Group CEO Greg Friedman says the Fed's 0.25-point rate hike raises borrowing costs but could lower long-term rates and add certainty for hotel financing.
How the Iran Conflict and the World Cup are Impacting Real Estate
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.
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