Amid rising interest rates and inflation, Bryan Cave Leighton Paisner's real estate finance team anticipates challenges ahead for clients and increasing demand to address them.

Interest rate increases have resulted in additional difficulty in the refinancing of deals, particularly on matured loans. Bob Stupar, a new BCLP partner in Atlanta, said the increase in interest rates has resulted in a slowdown of loan deal flow.

"It's not creating any systemic ways of defaults, but we think they will be coming and I think they will be [hitting] certain types of asset classes first, such as office," Stupar said.