The commercial real estate market has been in turmoil over the past two years, experiencing a significant downturn. The market has seen a 40% drawdown since early 2022. The severity of this decline has been so extreme that it has been likened to “blood in the streets,” a phrase often used to describe a market that has been heavily sold off and is potentially ripe for savvy investors to step in.
Understanding the current state of commercial real estate
The decimation of the commercial real estate market can be attributed to two primary factors. The first is the rise of remote work, which has decreased demand for office space. As more
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