Commercial property owners got what they wanted in September in the form of a 50-basis-point interest rate cut, courtesy of the Federal Reserve. But despite the long-awaited reduction in the base rate, long-term commercial borrowing rates are up, keeping the brakes on the market's rebound. Home mortgage rates are rising and commercial debt rates are stagnant, hovering around 4% at the end of October. 
Investors are split on whether now is the time to enter the market, torn between market fundamentals like capitalization rates that have started to compress in some asset classes and a rate cut that hasn't trickled into commercial debt underwriting.“We haven't seen [long-term rates] move because people don't really… Read the full story here. | 
