Greg Friedman on Interest Rates and Housing Affordability
Greg Friedman sat down with Cheddar to discuss how rising interest rates are impacting housing affordability, market dynamics and investor sentiment across real estate.
Greg Friedman joined Schwab Network to talk about how the commercial real estate business is repricing itself as yields remain elevated due to the U.S.-Iran war.
He tells investors in the space to brace for pain on the balance sheet, though it likely creates new opportunities long-term. Greg adds that data centers now make up 1% of commercial real estate, a number set to accelerate and create new headwinds for properties.
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