REPORT: Office Values Unlikely To Recover Before 2040

Office values are expected to fall by 35% in the next two years and won't recover before 2040, according to a report from Capital Economics.

Office REIT Takes $20M Hit After Refinancing Debt With 9.25% Interest, Double Previous Rate

The interest rate on Piedmont's $400M loan is double that of the debt it is paying off, and the increased cost led the REIT to lower its earnings guidance.

The Inside Story Of A Massive Global Company’s Dramatic Office Downsizing

Sustainability is a key factor for Clifford Chance in choosing to take a new office in London.

'We Are Buying As Much Office As We Can Swallow': One Shark Is Circling Chicago’s Depressed Office Market

Capri Investment Group's Quintin Primo is on the hunt for distressed office properties at discounted prices. Other investors may look to follow his lead.

$4.7B Of Loans Linked To Denver Office Properties Set To Mature Next Year

Denver’s office market, like so many others across the country, has struggled in the pandemic’s wake.

Goldman Sachs 'Reminding' Employees Of 5-Day In-Office Policy

The firm first asked employees to return to the office five days a week in May 2022, but managers have reportedly grown frustrated with employees' reluctance.

With Federal Office Buildings 'Mostly Empty,' Pressure Grows To Cut Space Faster

New reports have revealed how much federal office space is sitting empty, and members of Congress are calling on the administration to take swifter action.

Nightingale Facing Foreclosure At Yet Another Office Property

Nightingale stopped meeting its obligations earlier this year, and East West Bank has now sold the debt to Klosed Properties and the Namdar Group.

Washington Property Co. Defaults On $35M Silver Spring Office Loan

Washington Property Co. has owned the 14-story, 242K SF office building on Georgia Avenue since 1998.

Apollo Looks To Foreclose On D.C. Office Building Where WeWork Closed

The $95M loan has been assigned to substitute trustees.