Multifamily Dive: Fed Cuts Rates by 25bps
Interra Realty Senior Managing Partner Brad Feldman recently provided some insight in a discussion regarding the Fed’s recent decision to lower rates:
Multifamily executives welcomed the Fed’s actions. However, apartment buyers also like certainty, and in this moment of volatility, with a new presidential administration arriving in two months, that’s hard to come by.
“With ambiguity around rates and how quickly cuts may come, some investors are sitting on the sidelines,” said Brad Feldman, senior managing partner of Chicago-based brokerage firm Interra Realty.