Office

The loan will help transition to the office into a larger multifamily space.

Some companies find office space cannot accommodate employees on high-attendance days.

Utilization continues to face challenges as hybrid work has become the new norm.

Retail space is also in the plans.

Multifamily CMBS delinquency was also up, but retail and lodging rates were down.

However, even if correct, they say it could take another two years to get closer to normal.

Attitudes about office amenities vary by generation.

Office space continues to lag while multifamily development bounces back, according to a new Lee & Associates report.