The past year brought adverse economic and capital market impacts to the commercial real estate market. According to a year-end report from Deloitte Inc., CRE sector respondents point to the cost of capital and capital availability as the weakest among real estate fundamentals. About half of respondents expect the cost of capital (50%) and capital availability (49%) to worsen through 2024, up from 38% and 40%, respectively, last year. However, Regency Centers, one of the largest retail real estate…