H
igher interest rates have significantly impacted the commercial real estate market in recent years. While mortgage rate fluctuations often dominate headlines in residential real estate, the effects of rising rates are also being felt in the commercial sector.

    Commercial property owners and developers face increased borrowing costs, making it more challenging to secure financing for new projects or refinance existing debt. This shift has led some investors to reassess their strategies and consider alternative investment opportunities.

    The ripple effect of higher interest rates is being felt throughout the market, with potential buyers and sellers adjusting their expectations accordingly. As a result, commercial real estate transactions may slow down in the short term, but long-term prospects remain uncertain.