Weekly Update, August 25, 2023 - Interest rates to continue rising, the end of side letters?, multifamily rollercoaster
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In today's commercial real estate news update with guest Dave Saxe of Calvera partners, we cover these topics and articles: Today’s news from the Federal Reserve - more rate hikes to come. https://www.reuters.com/markets/us/fed-registers-gains-powell-may-take-lay-low-approach-2023-08-25/ https://apnews.com/article/inflation-federal-reserve-rates-economy-jackson-hole-9a720711618c0cfd851b51b0786af4f0 https://www.investmentnews.com/its-time-to-start-looking-at-private-real-estate-again-241004 SEC regulatory change for private equity: the end of side letters? https://www.ft.com/content/2d304e88-f99e-4b3f-bc39-0debd937675b https://crowdfundingattorney.com/2023/08/24/sec-adopts-final-rules-for-private-advisers-and-stresses-fiduciary-obligations/ Multifamily rollercoaster continues. https://therealdeal.com/texas/2023/08/23/when-will-texas-multifamily-go-back-to-normal/   https://therealdeal.com/la/2023/08/23/veritas-feels-rate-pain-on-la-multifamily-portfolio/ https://www.globest.com/2023/08/22/default-imminent-on-384m-loan-for-nema-san-francisco-tower/
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