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US office buildings are facing a 30% price drop as remote work continues to upend the sector, Morgan Stanley says

Mon, 02/12/2024 - 10:58

FILE PHOTO: A man walks past The Gherkin and other office buildings in the City of London, Britain November 13, 2018. REUTERS/Toby Melville/File Photo — FILE PHOTO: A man walks past The Gherkin and other office buildings in the City of London
Thomson Reuters

Real Estate, Markets, commercial-real-estate, commercial-real-estate-crash, commercial-real-estate-outlook, office-market, office-building-prices

The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht says

Tue, 01/30/2024 - 15:13

Barry Sternlicht — Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.
PATRICK T. FALLON/AFP via Getty Images

Real Estate, Markets, real-estate, office-market, loan-refinancing, work-from-home, barry-sternlicht

This year could be the breaking point for commercial real estate distress, research firm says

Tue, 01/23/2024 - 11:20

FILE PHOTO: People walk past office buildings at the central business district in Singapore in this April 14, 2015 REUTERS/Edgar Su/File Photo — FILE PHOTO: People walking past office buildings at the central business district in Singapore
Reuters

Real Estate, Markets, commercial-real-estate-crash, commercial-real-estate, commercial-real-estate-prices, property-prices, commerical-real-estate-debt

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