LaSalle is expecting a high-impact second half of 2022, according to its Mid-Year Update. 

The firm provided the top 10 issues it believes could steer commercial real estate's direction, including those related to bonds, returns, capital flows, expenses, energy, construction and central banks.

GlobeSt.com on Tuesday highlighted LaSalle's top issue, cost of debt. Following are the others that made its list and LaSalle's assessment, as well as commentary from others in the industry.

  1. Rising corporate bond yields. Upward pressure on discount rates and exit cap rates. 

Jon Spelke, managing director of LFB Ventures in El Segundo, tells GlobeSt.com, "Cap rates will continue to follow interest rates upward trends to avoid negative leverage situations. 

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