Thomson Reuters StreetEvents via Yahoo
Q1 2024 Granite Point Mortgage Trust Inc Earnings Call
... fundamental shifts such as the work-from-home trends and higher costs such as materials and labor, impacting properties that require some level of capital expenditure year began with a more upbeat sentiment in the commercial real estate market, fueled by expectations of six to seven interest rate cuts by the Fed over the course of 2024 and an anticipated rebound in real estate transaction activity, which along with pent-up capital demand, contributed to a tightening of credit spreads and a strong pickup in CMBS issuance $0.11 and higher than expected inflation readings...
49 minutes ago