AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Financial Challenges in Commercial Real Estate Properties
The chapter delves into financial struggles faced by two commercial real estate properties - an office in Hollywood with occupancy decline post-WeWork lease expiry, and Capital Bank Plaza in Raleigh experiencing an appraised value drop. It also explores real estate loans in Raleigh and Chicago, leasing activities in Manhattan and Hudson Yards, impact of concessions on market rents, and a positive sale story of Sky Harbor Center in Phoenix.