Denver Capital Markets Unfazed By Interest Rate Uncertainty
Interest rates might not be going up next month, but they will sometime. That uncertainty still can't put a dent in lending volume for deals here in Denver, Ballard Spahr partner Joey Lubinski tells us. That's why we're excited to have Joey and other top experts at our Bisnow Denver Capital Markets Summit on May 19 starting at 7am at the Four Seasons Denver.
Joey says the Denver market continues to see "robust deal flow," even in the face of anticipated interest rates increases later this year. "While the potential for rate increases seems to be motivating some buyers and borrowers to act more quickly, at this point we aren't expecting changes in rates to materially affect the typical year-end uptick in deals," he notes.
Put differently, Joey says, while rates are always a material consideration for buyers and borrowers, the prospect of higher rates isn't itself driving the timing of deals in the marketplace.
Join us for our Bisnow Denver Capital Markets Summit on May 19 starting at 7:30am at the Four Seasons Denver; we'll feature execs from Equity West Partners, Essex Financial Group, Genworth Financial, Great-West Life, Ladder Captial, Sage Hospitality and more. (Sign up here.)