office market

Bank of America has downgraded six players in the Commercial Real Estate (CRE) mortgage REIT sector, citing interest rate headwinds and weakening fundamentals that spell a “rocky road ahead” for the industry. Eric Dray, CFA, a research analyst at Bank of America, conveyed in a note to...

The listing prices of struggling office properties remain prohibitively high and must fall by nearly half to make their conversion into multifamily homes economically viable. Those stark findings came from Goldman Sachs economists Elsie Peng and Vinay Viswanathan, who shed light on the deep impact...