Election 2024 outlook: Lenders zero in on rate stability, housing policy

Partner Sandy Jacobson was quoted in "Election 2024 outlook: Lenders zero in on rate stability, housing policy," which was published in PERE Credit by Shihao Feng.

The article discusses the key issues in the 2024 Election for commercial real estate lenders and borrowers, including future rate cuts, changes around rent regulation guidelines, and the impact of zoning on industrial development. For most experts interviewed, interest rates continue to be a top concern.

Sandy said, "If you look over the history of economics, a recession doesn’t hit, or a downturn in the economy doesn’t hit because of an election. It’s mainly the underwriting and the numbers that people will look at. . . . Players are itching to get back into the market and do deals, and we need someone to take that first step, make that first deal. As soon as there is one deal that happens, my guess is that there will be many that follow."

The full article is available on PERE Credit (subscription required).