When will interest rates finally cool off? Here’s what one commercial lender predicts for 2024.

The historically low interest rates of the early pandemic years are firmly in the rearview mirror. The Fed’s decision to raise rates a whopping 11 times between 2022 and 2023 has created a lending environment that has many borrowers feeling uneasy about how to navigate deals in the year ahead. 

Dan Schairbaum, leader of Dykema’s Real Estate Practice Group, sits down with Dave Skaff, head of Old National Bank’s commercial real estate division, to dust off the crystal ball and try to forecast what to expect from the Fed in the coming months, how it will affect dealmaking, and key lending trends you need to know about. 

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