Office investing means owning office buildings and leasing space to business tenants for rental income.
Log in to followI manage buildings rather than own them, and I get asked this by owners often enough that I want to see how the room splits. Office has pulled apart into two markets. Newer well l…
I've been comparing two structures on the same kind of asset and they produce completely different risks rather than different returns. Structure one is all cash. A 78,000 sf buil…
Two office LP packages on my desk and the entire difference in outcome is a rent growth assumption I can't verify. Deal A is a prime building, 210,000 sf, 88 percent leased, in-pl…
I've been reading passive office offerings for about four months now, slowly, and something is bugging me. Almost all of them run a five year business plan. Buy at a discount to w…
Something like $1.5 trillion of commercial mortgage debt comes due through the end of 2026 and a heavy share of it sits on office. Office delinquency on securitized loans hit an a…
Two office deals landed in my inbox this month and both decks quote the same national numbers. Vacancy near 18 to 19 percent. Office CMBS delinquency at 12.34 percent in early 202…
Reading a deck on a 1980s eight story, 140,000 sf, 54 percent leased, and the downside case doesn't end in a loss because of a line that says "residential conversion, $185/sf all…