Office-to-multifamily conversions are gaining traction due to discounted property values and persistent tenant underutilization. National office vacancy rates remain elevated at 17.7%, with ...

The decline of office values could match or exceed 2008-era depreciation, Fitch Ratings said. If office real estate were to recover, it would be a more protracted rebound. The delinquency rate of ...

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 ...

It’s not easy to watch $64M evaporate. But that’s what Doug Donatelli did last month when he and his partners decided that selling a downtown D.C. office building for $36M that they had bought for ...

Office property values face further losses ahead and a recovery even longer than after the Global Financial Crisis, according to Fitch Ratings. The slide in office values will “lead to permanent ...

Four and a half years after the pandemic sent workers home, the office property bill is finally coming due. The market for office buildings — already reeling from higher vacancy rates amid the rise in ...

The ailing office market is headed for $1 trillion of losses, billionaire and Starwood Capital CEO Barry Sternlicht said. Per Bloomberg, Sternlicht said at the Global Alts conference in Miami Beach ...

Downtown office values continued their plunge in 2025, and there's still no bottom in sight for the market. Why it matters: If you're a homeowner, this means office landlords are paying less in ...

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 ...

Plummeting commercial real estate values prompted by the shift to remote work are causing a trickle-down financial crunch on cities, schools, park districts and other public operations that depend on ...

A new report paints a dire picture of commercial real estate in Boston and its implications for the city's future. Emptying offices, the durability of remote work and persistently high interest rates ...

The plunge in US office values could match or exceed 2008's real estate fallout, as prices have yet to bottom out, Fitch Ratings wrote in a note on Wednesday. Office values have dropped an estimated ...