Jeff Erxleben shares the silver lining of the 2023 capital market with Connect CRE
DALLAS (Jan. 29, 2024) — As capital markets enter 2024, commercial real estate experts shared their thoughts on what happened in 2023 and what they expect for 2024 in Connect CRE’s article, “Capital markets: The rearview mirror and the road ahead.”
As part of the article, President of Debt + Equity Jeff Erxleben shared a silver lining of last year’s volatile markets.
When lender interest rates fell in the fourth quarter of 2023 and provided less-costly refinance activities, Erxleben said “borrowers that were in a position to move quickly could lock in rates that were 50 to 75 basis points below where they had been most of the year.”
How might that carry into 2024? What else will happen in 2024?
Read the full article to get those answers and more.
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