EBA Risk Management October Meeting – The Semi-Annual Market Update
What’s Next? How the Fed’s Rate Cut Will Impact CRE Markets and the Broader Economy
Date: Wednesday, October 16, 2024
Time: 12:00 PM ET/ 9:00 AM PT
ERIS’ Dave Colonna, Director, Lender Services, speaks with John H. Wright, Jr., MAI, Senior Managing Director, BBG, about the dynamics of recent trends and what they mean for commercial real estate (CRE).
In September the Federal Reserve slashed interest rates by 50 basis points in an effort to avoid an economic slowdown. While this was a welcome and much needed step, many questions remain. What impact will this have on commercial real estate? How aggressive will the Fed be when they meet again in November, December and next year? When can we expect to see transaction levels start to rise and prices begin to normalize?
John and Dave will discuss these questions and more as they navigate what the future could hold and look towards indicators for 2025.
About the Speakers:
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John H. Wright, Jr., MAI, Senior Managing Director, BBG Real Estate Services John serves as Senior Managing Director at BBG. He previously served as President of the full-service real estate appraisal and consulting firm of Aaron & Wright Incorporated. John has been involved in real estate appraising and consulting since 1983. His experience includes the preparation of narrative appraisal reports on virtually all types of commercial real estate, reviewing commercial appraisal reports, and consulting. John is based in Houston, TX. |
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David Colonna, Director of Lender Services, ERIS Dave joined ERIS in the summer of 2021 and serves as the Director of their Lender Services Group. He has supported the needs of both Environmental Professionals and Lenders for the past 20 years. Dave is based in Connecticut. |