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Fed cuts rates, signaling caution ahead for real estate investors

The Federal Reserve’s decision on Wednesday to again cut its benchmark interest rate, this time by 25 basis points, sends a message to commercial real estate investors that the bank is proceeding cautiously, one industry pro said. “The Fed clearly has some concerns that they’re responding to,” said Sam Chandan, associate dean at New York University’s Schack Institute. The Fed cut rates to a range between 1.75 and 2.00 percent, a widely anticipated move. The […]

The Real Deal New York

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