With the significant run-up of interest rates, persistent recession fears and a regional bank crisis triggering a lending clampdown, commercial real estate developers and investors face economic headwinds that show few signs of easing soon. Against that backdrop, Kip Sowden and his son, Graham Sowden, see both opportunities and threats for Dallas-based real estate development and investment firm RREAF Holdings, which focuses on multifamily, hospitality, and more recently, RV park acquisition and redevelopment.
RREAF Holdings CEO: ‘Banks are pulling out of the commercial real estate space’
