'Why Would I Throw Good Money After Bad?' Uptick Of Office Loan Defaults Is Likely On The Way
After more than two years of hardship, some ownership groups may choose to hand the keys back to the bank.
After more than two years of hardship, some ownership groups may choose to hand the keys back to the bank.
With a burst in companies seeking smaller office spaces, experts expect absorption to remain flat for 2023.
Companies again targeted Labor Day as an inflection point for remote workers' return, but it remains too soon to tell whether a real comeback is in store.
Avison Young's Mark Rose, Project Destined's Cedric Bobo and Roosevelt University's 's Collete English Dixon talk diversity in commercial real estate.
Despite more than 40M SF of industrial space in the pipeline, skyrocketing interest rates and supply chain issues may tamp down deliveries.
MHP closed $132M for a Ward 8 affordable housing community, a nonprofit sold its Arlington headquarters, a major D.C. hospital project topped out and more.
MetLife Investment Management acquired Burlington BioCenter, a fully leased life sciences property that was converted from offices, for $103M.
Things probably won't get better until late in the year at the earliest, panelists at Bisnow's Chicago Women Leading Real Estate event said.
Investment sales slowed across asset classes in NYC, with more distress expected to show up later this year, Avison Young data shows.
In 2022, there were $16.2B worth of investment sales across 315 sales in Manhattan.
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