The 10 year treasury yield is above the key psychological and technical level of 3%. Factors include continued US economic growth seemingly unaffected by trade disputes, ECB discussing an end to their longtime bond buying program, and supply demand dynamics.
David Pascale, Senior Vice President at George Smith Partners, joined RealCrowd on a podcast to discuss how the Federal Funds Rate impacts real estate.
Mr. Pascale joined George Smith Partners more than two decades ago, leaving behind a successful career in intellectual property rights management. Mr. Pascale has directly overseen the placement of nearly $4 billion capital into commercial real estate. He has an expertise in virtually every aspect of commercial real estate debt placement with distinct specializations in CMBS, bridge loans, credit tenant leases. He has worked extensively on retail, multifamily, hotel, office, and mixed use transactions. With a background in law, Mr. Pascale also brings loan document expertise and is able to explain and negotiate deal points and structure. Click here to listen to the podcast or read the full transcript.