Industry News

Federal Reserve Shifts Tone and Overnight Rate in September The Federal Reserve announced on Wednesday a 50-basis point cut to the federal funds rate, bringing the overnight rate to the 4.75%-5.00% range. While the Fed has successfully reduced the pace of inflation since Core PCE growth peaked in 2022, the Federal Reserve’s preferred inflation measure […]

New Commercial Real Estate Legislation in 2024 Key Changes Impacting Property Owners, Investors, Renters, and Developers Commercial real estate is facing several significant changes as new or proposed laws come into effect across the United States. These legislative updates have the potential to affect anywhere from property owners and investors to renters and developers. Here […]

Will CRE Let Interest Rate History Repeat Itself? The federal funds rate reached 7% for the first time in 1969. “The first day that I stepped into a real estate office in the early 1970s, interest rates had hit 7% for the first time that anybody could remember,” Curtis Kaufman, a Matthews™ Capital Markets advisor, […]

North Hollywood Multifamily Market Report North Hollywood Market Overview This annual market report extensively explores the transactional and investment dynamics within the North Hollywood, Valley Village, and Valley Glen submarkets. Analyzing the multifamily transactions of 2023 allows investors to discern the evolving market landscape, enabling better preparation for 2024. This North Hollywood report aims to […]

2024 CRE Predictions It is widely acknowledged that 2023 posed significant challenges for the commercial real estate sector. The persistent increase in Fed rate hikes, bank failures, and a notable deceleration in leasing activity have given rise to apprehension about the trajectory of CRE as the new year approaches. Whether you are an experienced investor, […]

The ALDI Acquisition of Winn-Dixie & Harveys Supermarket Reshaping the Grocery Landscape The grocery industry is constantly changing as various grocers compete for  dominance, and staying innovative is crucial for survival. A notable development that has grabbed the attention of the industry is ALDI’s announcement has revealed its intentions to purchase the Winn-Dixie and Harveys […]

September FOMC Meeting Notes After pausing rate hikes in September, the Fed indicated that one more hike should be expected before year-end. The target interest rate stayed at 5.25%-5.5%, the highest in decades.   In the released minutes of September’s meeting, much of the conversation was spotted with uncertainty. The majority did agree that more […]

FDIC Markets $33B of Signature Bank CRE Loans The Federal Deposit Insurance Corporation (FDIC) has made a significant move in the financial markets by initiating the sale of a substantial CRE loan portfolio. This action comes in the wake of the failure of Signature Bank in New York earlier this year. Acting as a receiver, […]

Interview With Joanna Rotonde Manfro: Pioneering Success in CRE What motivated you to pursue a career in CRE, and how did you begin your journey? Real estate has been in my family for three generations. My grandfather was in excavation and worked on major developments in the outer boroughs of NYC in the 60s and […]