Malls, Construction, & JOLTS | Economic Update – November 4

Interest Rate Hike On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...

Commercial Real Estate will Weather Ian’s Aftermath

Opportunities exist on Gulf Coast, despite widespread hurricane devastation    It was the deadliest hurricane to strike Florida since 1935. Hurricane Ian was a Category 4 storm that came ashore on the Gulf Coast near the end of September, taking well over 100...