Asieh Mansour, Senior Advisor to The Townsend Group, and Townsend’s Prashant Tewari explore the implications for the economy and commercial real estate markets of Donald Trump’s Tax Cuts and Jobs Act of 2017.

Some believe that higher rates will lead to lower valuations, while others believe that an improving economy and rising inflation are beneficial to the asset class. Townsend’s Prashant Tewari takes a thorough analysis of periods of rising interest rates and points to three factors that need to be considered to determine how real estate will perform.