The office market is experiencing unprecedented challenges as available office space reaches an all-time high in the Q2-2023, totaling a staggering 70.3 million square feet ready for leasing.
Navigating the Shifting Landscape of U.S. Commercial Real Estate: A Comparison of Forecasts and Current Trends
In this comprehensive article, we delve deep into the unprecedented challenges the U.S. Commercial Real Estate (CRE) market faced due to the COVID-19 pandemic. We compare initial forecasts, what actually transpired, and what future trends we can anticipate. Join us as we explore the evolving landscape of the CRE market, highlighting both the struggles and resilience of this crucial sector.
Explore the impact of hybrid work trends on office spaces and the crucial role of new marketing technologies plays in adapting to these changes.
The first quarter of 2023 witnessed a slowdown in commercial real estate lending activity, largely impacted by stress in the banking system and financial market volatility. According to CBRE’s Lending Momentum Index, commercial loan closings declined significantly compared to the previous quarter and the same period the previous year. In this blog post, we will […]
Gain insights into the 2023 real estate market with our comprehensive outlook. Understand key economic factors, housing market predictions, and the commercial real estate landscape.