Inflation and interest rates are still choking CRE i-sales, excluding industrial

Commercial real estate investment in South Florida has soared since last year.  But don’t get excited yet. Most property types are feeling the weight of elevated inflation and interest rates.  “When you have those two things going on, the institutional markets are like, ‘We don’t have certainty. Pencils down,’” said Avison Young’s Michael Fay.  Deal volume in the tri-county region reached $9.3 billion in the first half of the year, a 19 percent increase over the same period last year, an uptick largely driven by industrial sales, according to an Avison Young report. The only other asset class that posted […]

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