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Hines [Real Estate - North America]

2023 REAL ESTATE TOP 150 RANKING: 17

No Need to Call the Bottom – Examining Fund Vintage in the US

Screenshot 2024-11-05 at 17.13.46

Rising financing costs since the Fed began to institute a series of rate hikes in March 2022 have put downward pressure on commercial real estate values. Indeed, the 11.9% annual decline in property values in the NCREIF Property Index (NPI) in 2023 was slightly worse than the annual losses suffered ...

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