It's much easier to find an empty office than it is to find a positive trend in the office sector, according to the CommercialEdge National Office Report for December.

Loan defaults are set to rise, demand is down, expenses are up, and values have dropped.

The report generated by Yardi showed that nearly $150 billion of office loans are maturing by the end of next year, and more than $300 billion will mature by the end of 2026.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Office
Midwest
Northeast
Southeast
West