In the realm of commercial real estate financing, much has changed over the past year in some respects, while in other respects the current environment is largely the same as it was 12 months ago. Connect CRE in March of 2023 quoted T.R. Hazelrigg IV, president and co-founder of Avatar Financial Group, on the cumulative impact of the Federal Reserve’s series of rate hikes. Ahead of this year’s Connect Los Angeles event, scheduled for May 1 and featuring Hazelrigg on the ‘Financing with Debt” panel, we asked him for an update.