---
title: "What's Trending in Real Estate, November 2023"
url: https://burnaze.com/article/cafc24af-c8fe-477b-b932-d10f37e19289
source: "Franchising.com"
original_url: https://www.franchising.com/articles/whats_trending_in_real_estate_november_2023.html
author: "Eddy Goldberg"
category: "Real estate"
industry: "Business Services"
segment: "Real estate"
published: 2023-11-20T08:00:00.000Z
modified: 2026-10-31T20:05:40.156Z
image: https://imgs.franchising.com/art/articles/8104_plate.jpg
---

# What's Trending in Real Estate, November 2023

**TL;DR:** WeWork has filed for bankruptcy and the CMBS delinquency rate has hit a new post-Covid peak. Suburban growth is creating new opportunities for franchise brands, particularly in the food hall sector.

*By Eddy Goldberg, originally published in Franchising.com on 2023-11-20. [Read the original](https://www.franchising.com/articles/whats_trending_in_real_estate_november_2023.html).*

## Key facts

- WeWork files for bankruptcy
- CMBS delinquency rate hits new post-Covid peak
- Suburban growth creates new opportunities for franchise brands

## Story

The Big Picture: 10 Global Trends To Watch in 2024

## Commercial Real Estate Trends

Commercial Real Estate: Construction Loans Decline as Lenders Continue To Cut Back

CRE in 2023: Lenders Issue Record Number of Foreclosure Notices for High-Risk Property Loans

CMBS Delinquency Rate Moves Higher Again in October 2023, Hits New Post-Covid Peak

## New Opportunities Emerging

Food Halls: Suburban Growth from Hybrid Work Means New Opportunities for Franchise Brands

Strip Malls: Competition for Prime Retail Sites Heats Up

Return to Office: Tougher RTO Policies Are No Remedy for Half-Empty Buildings

## Office Market Challenges

Converting Empty Offices to Apartments Runs into Challenges

WeWork, Once Valued at $47 Billion, Files for Bankruptcy

Adam Neumann Wounded WeWork. An Office Market Bust Finished It Off

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## Entities

- Franchising.com (publication)
- franchise opportunities (topic)
- Eddy Goldberg (person)
- Real Estate (sector)
- Franchise Update Media (publication)
- commercial real estate (topic)
- bankruptcy (topic)
- WeWork (company)
- suburban growth (topic)
- Adam Neumann (person)
- office market challenges (topic)

---
Originally reported by Eddy Goldberg, Franchising.com (https://www.franchising.com/articles/whats_trending_in_real_estate_november_2023.html). Summarized by Burnaze (https://burnaze.com/article/cafc24af-c8fe-477b-b932-d10f37e19289).