Outlooks

Lower interest rates provided a tailwind for commercial real estate markets in Q3, and particularly for CRE debt markets.

A sharp global economic slowdown, heightened trade uncertainty, plunging interest rates and wilting business sentiment. These and other factors complicate the investment landscape.

In this report, Robert Hoffman outlines his expectations for positive, primarily income-driven returns for HY bonds and senior secured loans this year.

Solid fundamentals supporting the CRE market are driving price growth – but at a slower pace than in years past.

Corporate credit markets delivered solid returns until equities sank and the yield curve inverted in May. Now they appear poised to provide positive returns through year-end.

The unknowns facing our economy, along with a tight labor market and deteriorating business sentiment, are slowing growth and may amplify volatility.