David Pascale is mentioned in the National Real Estate Investor story, “Another Interest Rate Cut Will Help Hold Up CRE Values, But Was It Needed?”
CRE cap rates are expected to remain unchanged, but investors looking for financing should benefit from lower rates.
The Fed signaled that no further cuts would be coming this year unless the U.S. economy experiences a significant slowdown. At the same time, the Fed is “not going to raise rates unless they see signs of heavy inflation, so the chance of another Fed rate increase is very minimal,” according to David Pascale, senior vice president with George Smith Partners, a Los Angeles-based commercial real estate capital markets advisory firm.
Click here for the full article: https://www.nreionline.com/finance-investment/another-interest-rate-cut-will-help-hold-cre-values-was-it-needed