May 5, 2023
Post-COVID economics put strains on office real estate
Downtown real estate is looking increasingly undesirable in some major cities, even as some property owners are suing commercial tenants that fell behind on rent during the government-ordered shutdowns.
High interest rates, recession concerns and changes in the way offices work following the coronavirus pandemic are weighing on commercial real estate developers and landlords.
Downtown real estate is looking increasingly undesirable in some major cities, even as some property owners are suing commercial tenants that fell behind on rent during the government-ordered shutdowns.
In Los Angeles, the owners of two do...
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