A Correction in US Commercial Real Estate

November 11, 2022

Article by:  Jim Costello

• The U.S. market for offices has slowed, with sellers hesitant to take a loss and buyers sitting on the sidelines.
• Bringing volume back to long-term-average levels would require a drop in prices to pique buyer interest, our analysis shows.
• To return to normal levels relative to corporate bonds, office cap rates may need to go up 140 basis points.

Read the full article:  http://bit.ly/3E09kNx