Iacono Talks Debt Ceiling with Real Estate Capital
Crescit Capital Strategies CEO Joe Iacono recently spoke with Real Estate Capital’s Sam Rowan on what a debt ceiling extension deal would mean for the commercial real estate debt and equity markets. Read the full story here.
“Commercial real estate will benefit from a resolution, as will other markets if a deal is made. If a default does happen, [the sector] will be subject to further instability in the capital markets and the leasing markets until a resolution is reached. Thus, financing, trading and occupancy may suffer,” Iacono stated.