Open any newspaper these days and you will inevitably find an article about the demise of commercial real estate. Please note that the author is probably speaking only to the market for large office buildings. There's no question that vacancy rates at large office buildings are increasing; more and more large office building owners are defaulting on their loans; and when tenants who are currently paying for unoccupied office spaces do not renew their leases, this problem will expound. Meanwhile, the markets for retail, industrial and multifamily remain quite healthy. Contact REC to have a detailed discussion with us about acquisition opportunities across all asset types. Perhaps your opportunity to invest in commercial real estate lies within the office market's current challenges.
Open any newspaper these days and you will inevitably find an article about the demise of commercial real estate. Please note that the author is probably speaking only to the market for large office buildings. There's no question that vacancy rates at large office buildings are increasing; more and more large office building owners are defaulting on their loans; and when tenants who are currently paying for unoccupied office spaces do not renew their leases, this problem will expound. Meanwhile, the markets for retail, industrial and multifamily remain quite healthy. Contact REC to have a detailed discussion with us about acquisition opportunities across all asset types. Perhaps your opportunity to invest in commercial real estate lies within the office market's current challenges.