
The Impact of Placemaking, Politics, and Tech on Commercial Real Estate Investment in the New Year
The Federal Reserve cut interest rates for the first time since the 2008 financial crisis. The cut, and several others expected to come in the next few months, are intended to reduce risk on a global scale, but economists are unsure how it will affect lending in the future.
Cost of building materials continues to rise, space is limited, and rent rates are soaring. What factors are impacting risk and how are lenders responding to high construction costs in Seattle? Is lending slowing down? How are rent hikes affecting the state of debt?
Despite high rents, vacancies in industrial and office developments are at an all time low in the Puget Sound. Are outside-market influences at play?