Carlyle Group's Rubenstein said a bright spot amid the office market distress is the opportunity to purchase assets from banks at steep discounts.
Office market indicators in Miami turned negative in the second quarter for the first time since the start of the pandemic.
The nonprofit would like to create a new hub for similar Bay Area organizations.
REIT BrightSpire Capital provided the financing and wants to sell the nonperforming loan.
Facebook's parent company's impairment costs in the third quarter alone totaled $413M.
Fewer office properties were sold in 2022 than in 2021, but for higher per SF prices.
A new coworking office in Houston also offers luxury car storage, and some offices come with a view of the parking garage.
Childcare is an increasingly common carrot to lure workers to their desks.
Speculation about the future of Twitter's headquarters has swirled around the on-again, off-again deal.
Though employers say they are getting more aggressive about calling workers back to the office, data shows usage is barely moving.
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