April 2, 2024
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CRE: Higher interest rates impair sales transactions, Hayes report finds

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By Staff Report Hayes Commercial Group released its fourth quarter 2023 market report and cited higher interest rates as a key reason for a 43% decrease in sales transactions. The commercial real estate firm found that there were 71 sales during 2023, the lowest count since 2011 and that the South Coast was especially hit,…

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