Trouble continues to mount in the office real estate sector: 'you can’t get a loan today…there’s no liquidity in the marketplace'
Trouble continues to mount in the office real estate sector: 'you can’t get a loan today…there’s no liquidity in the marketplace'
fortune.com Trouble continues to mount in the office real estate sector: 'you can’t get a loan today…there’s no liquidity in the marketplace'
How one company is shifting its real estate portfolio to weather the office space storm, although the company admits that office-to-residential conversions won't be easy.
![Trouble continues to mount in the office real estate sector: 'you can’t get a loan today…there’s no liquidity in the marketplace'](https://lemdro.id/pictrs/image/f758f1b7-f30b-442b-9c70-9a118e17c1f2.jpeg?format=webp&thumbnail=256)
“For an office building, you can’t get a loan today…there’s no liquidity in the marketplace,” Gottlieb told Fortune. And with interest rates being higher, it’s eating away at a lot of the cash flow, Gottlieb said, calling it a “very trying time.”
In his view, the difference with this office real estate downturn as compared to previous downturns is that office owners are wondering if demand will ever return.
0
comments