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The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. Last fall, Julie Whelan, CBRE’s global head of ...
There have been several signs in the past couple of years that commercial real estate was headed toward a major downfall. Office vacancy rates reached a 30-year high around 18% in 2023. Companies ...
Sooner or later, commercial real estate’s day of reckoning had to come. Following an era of “cheap money” that stretched all the way back to the 2008 housing crash and Great Financial Crisis ...
2020s commercial real estate distress. 2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most ...
A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
It's been 30 years since commercial real estate market was this bad—and that represents a generational entry point for investment, according to a top developer. ... CBS News. Wendy's offers $3 ...
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