Barry Sternlicht says the loss of office values in recent years is in the trillions of dollars. The Starwood Capital Group head recently spoke of the “existential crisis” facing the American office ...
From late 2020 through 2022, the tri-county region became a magnet for out-of-state companies, prompting a leasing flurry, record rents and voracious investment sales appetite. The bonanza pushed up ...
The shakeout in the $20 trillion US commercial real estate market has long been delayed for a simple reason: No one could figure out just how much properties were worth. And, more crucially, few ...
While overall property values in Hamilton County soared in 2023, the value of many of Downtown's most prominent office towers headed in the opposite direction. From 2020 to 2023, eight of the 10 most ...
Things may have quieted down in the commercial real estate world, but offices are not in the clear. After all, interest rates are still high and remote work has mostly prevailed. And for those areas ...
Many office buildings in D.C. are now worth no more than the land they sit on. The values of older commercial buildings in D.C. have been falling over the last few years as the pandemic-induced remote ...
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