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 ...

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 ...

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 ...

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 ...

Billionaire Starwood CEO Barry Sternlicht sees losses on office properties hitting $1 trillion, per Bloomberg. The billionaire slammed the Fed for leaving a "serious mess" in the real estate market.

Office buildings finally started trading hands this year after a long dry spell brought on by elevated interest rates and a gaping gulch between buyer and seller price expectations. While thousands of ...

The transformation of a sleek, granite-clad office tower on the edge of the 110 Freeway into deluxe apartments is about to begin, and developer Garrett Lee thinks the nearly 40-year-old building can ...

For decades, a four-story brick building in the Glenforest neighborhood of Raleigh, North Carolina, served as a call center for AT&T. But next month, it will open as a self-storage facility for people ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A continued trend of slipping ...

The declining value of Boston’s office buildings could mean the city will face a revenue shortfall of between $1.2 billion and $1.5 billion over the next five years One of the biggest unanswered ...

The assessed market value of the city’s buildings is still growing, according to a report from the state comptroller, leading to a modest increase in tax revenue. By Matthew Haag Even as office ...

Commercial property values in downtown Minneapolis have shrunk even more over the past year, according to a presentation given to the city’s budget committee by Minneapolis City Assessor Rebecca ...