prospects for the office sector, tied to lower-than-average expectations for improving transaction activity, elevated vacancies, and more expensive borrowing costs. Regionally, respondents from North America and Asia Pacific expressed greater optimism for improved leasing conditions compared to those in ...
CEO of RXR, a closely-held Manhattan development firm. Loans that come due will have to be financed at higher interest rates, which will mean higher payments even as vacancy rates rise or remain high. Higher vacancies mean some buildings are worth less, so banks are less willing to touch t...
Record Vacancies, Subleasing in LA Office Market | GlobeSt Read More|Sun, 04 Dec 2022 21:42:01 Shared from Start: https://www.forbes.com/sites/forbesbusinesscouncil/2022/11/30/commercial-real-estate-development-is-an-exercise-in-risk-management/amp/ ...