{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Bisnow Reports ","title":"First Draft Live: Director of Real Estate Economics for MSCI, Jim Costello  — Did CRE Call The Recovery Too Early?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/f80dbd21\"></iframe>","width":"100%","height":180,"duration":2391,"description":"The 10-year Treasury rising past 4.5% has taken the wind out of real estate’s recovery sails. Momentum gained in Q1 is already reversing as the war in Iran pushes on inflation. MSCI Chief Economist of Real Estate Research Jim Costello said the volatile bond market is “a new wrench thrown into the works.” And while he believes the CRE recovery is still underway, it’s tenuous.“[Investors] need to do more scenario planning these days, because that’s how you can deal with the growing uncertainty in the market,” he said.","thumbnail_url":"https://img.transistorcdn.com/ttezZO5D1A8oYeP639GpAgfiRSaO6vDT1ZNnLXkD28U/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xNGE1/MWI5NWQ0ZDU5YmFm/ZDdhOTRlZTE0NGJl/MTIyYi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}