£240M City Office And £104M Loan Sold At Steep Discounts
City offices are starting to trade at big discounts.
City offices are starting to trade at big discounts.
Reston and Herndon have a host of old office properties that could be redeveloped to add housing, especially with new Metro stations and a comprehensive plan.
New Miami-based owners bought Ameris Center at a 10% discount to the previous purchase price.
Modern offices can explore a retail-oriented approach to design to entice employees to come back. This may involve showcasing their branding.
Denver’s office market, like most others in the U.S., has struggled since the pandemic began because of the popularity of remote and hybrid work options.
While still niche, the trend has the potential to accelerate as more office debt matures.
A hotel developer plans to spend $33M to turn the former XTO building into a Residence Inn.
Boston Pinnacle Properties secured $5.1M in financing for its office-to-residential conversion project at 281 Franklin St.
As offices sit vacant, developers are seeing new opportunities to solve the country's lack of healthcare facilities. Find out how these conversions happen.
A combination of factors, including falling attendance, have contributed to disappointing earnings results from movie chains.
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