CRE INTELLIGENCE

While Part 1 focused on market dynamics, Part 2 delves into the crucial financial and infrastructurequestions: Who controls the assets, who holds the debt, and what is the true cost of bringing specializedlife sciences space online?

The U.S. life sciences real estate sector is undergoing a profoundtransformation. The market is characterized by a fundamental split: oversupplyin traditional R&D space coupled with soaring, policy-driven demand forspecialized Biomanufacturing facilities. The convergence of falling demand (due to the VC Reset) and surging speculative supplyhas created this imbalance, forcing a sharp re-evaluation of assets across […]

The single greatest financial challenge for the office market is the looming “debt cliff.” As shown in thechart below, a significant volume of office loans are set to mature from 2025 to 2027. This represents aperfect storm for many owners, as much of this debt was originated in a low-interest-rate environment. When borrowers attempt to […]

The New Era of Hybrid Work and the ‘Flight to Experience’ The evolution of the U.S. office market is not solely a supply-side story. On the demandside, hybrid work has firmly established itself as the “new normal,” fundamentally changing how companies view and use office space. This shift has given rise to a new tenant […]