Iacono Says Despite MF Market Improvements, Fed Needs to Drop Rates Another .50 BPS or more
Crescit Capital Strategies CEO Joseph Iacono recently spoke with Multi-Housing News about MF investment. He contends that while the market is starting to improve, with operational costs on the rise, we are unlikely to see any significant transactional momentum until or unless the Fed reduces interest rates by at least another .50 bps.