How will the End of the Iran War Impact Commercial Real Estate?

The past almost-four months of the Iran war has injected some amount of business uncertainty into the commercial real estate arena. While we are in no way out of the woods yet, if this cease fire holds and both sides work torwards a mutually-benificial resololution  the war has had and will continue to have an impact on our CRE industry. The inflation rate has increased, leading to the Fed’s holding interest rates steady and it is possible they could rise during the next session or two if inflation continues to rise. It may take many months for the energy sector to return to pre-war levels, and the higher cost of fuel means most of our costs will continue to increase. Construction costs are not expected to come down, financing will still be costly, but businesses holding off plans due to Mideast war concerns may now start to move forward. There was also the threat of Iran causing serious and long-lasting damage to our allies oil infrastructure, and this threat has disapated.