CoStar News: Hoteliers Welcome Fed's Second Rate Cut of the Year
CoStar News - The Federal Reserve cut interest rates Thursday (10/23/25), as many expected, but Fed Chairman Jerome Powell warned that a December cut “is not a foregone conclusion.”
Greg Friedman joined Schwab Network to discuss the outlook for commercial real estate and what investors should be watching in the months ahead. While Treasury yields holding near 4.4% continue to create challenges for the sector, Greg noted that a move above 5% could further unsettle the market. Despite those headwinds, he highlighted private credit as a stabilizing force that can help support commercial real estate investment activity.