Commercial Real Estate’s New Rate Reality ft. John Chang

Matt Faircloth talks to John Chang, he lays out the forces pushing Treasury yields higher inflation, tariffs, immigration policy, Middle East conflict, swelling U.S. debt, and a thinner buyer pool for Treasuries and connects them directly to commercial debt costs that are now pushing into the high sixes, sevens, and even eight percent range. Matt pressure-tests the math on cash flow and value-add deals, showing why strategies that worked at 3% debt are breaking at today’s rates.

They also explain why the next wave of construction is slowing fast, why young adults living with family represent pent-up demand, and why the opportunity may be hiding in the gap between today’s fear and tomorrow’s supply crunch. Matt adds an operator’s perspective on distress, niche markets, and why buyers who stay active now may find better deals than anyone expects.

John Chang

Senior Vice President, National Director Research & Advisory Services of Marcus & Millichap

Based in: Phoenix, Arizona

Where to find them:

https://www.linkedin.com/in/johnchang/

https://www.marcusmillichap.com

For more information, visit https://superhuman.com/.

Podcast production done by⁠ ⁠Outlier Audio⁠.

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