Schwab Network: CRE's 'Slow' Rebound and Recovery Winners & Losers
Greg Friedman was featured on Schwab Network discussing CRE's slow recovery, liquidity returning to housing, multifamily as a winner, and mid-term hotels facing near-term headwinds.
Schwab Network – Greg Friedman joins Nicole Petallides at the NYSE site with a deep-dive into the high rate environment facing investors right now. When looking at the 10-year Treasury rate which is "more than double pre-2022 average," Greg believes its reshaping valuations and refinancing dynamics. In the real estate realm, he sees uneven performance saying "90% of office vacancies are in just 30% of office buildings."
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