Interest Rate Changes
A publicly traded real estate investment trust and its developer partner successfully refinanced the Marriott Dallas Uptown hotel following a wave of loan maturities that put a squeeze on the hospitality sector. M&D Commercial Group previously published a market report indicating some $1.5 trillion in CRE debt was expected to mature by the end of…
Interesting times for the Dallas real estate market as several neighborhoods are seeing homes sell fast for thousands more than they would have just 18 months ago. But with the Federal Reserve toying with interest rate changes, will next month’s forecast be far less optimistic than the June breakdown from Local Market Monitor? “Low Risk”…
