The table is set for a recovery in commercial real estate, with both debt and equity sides positioned for a stronger footing, according to Steve Altebrando, first vice president, portfolio oversight at the CIM Group. Several factors support that view, including the recent declines in short-term interest rates, stabilization of long-term rates and constrained new supply. Macro uncertainty, including questions around inflation, global demand and the Federal Reserve’s path, has contributed to a more mixed outlook for corporate credit. Altebrando notes that in this environment, multi‑strategy funds can be an attractive option for balancing the sometimes-competing objectives of income and return generation with capital preservation. To lear
