U.S. Office Market: Capital Markets and the New Playbook for Office CRE

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 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 […]

Navigating a Bifurcated Market

The U.S. office market is undergoing a fundamental transformation, having entered a period of selective recovery defined by a profound and widening bifurcation. While national market fundamentals still reflect persistent challenges from economic uncertainty and evolving workplace trends, the sector is no longer in freefall. 

U.S. Office Market: A Supply Drought and the Rise of Adaptive Reuse

While the U.S. office market grapples with high vacancy rates, a significant stabilizing force is emerging from the supply side: a dramatic reduction in new construction coupled with a surge in adaptive reuse projects. This dual trend is actively reshaping urban landscapes, addressing the housing crisis, and paving the way for a more sustainable future […]