TL;DR
Commercial real estate faces a $480 billion value drop in 2024, following a $590 billion loss in 2023. The office market is expected to worsen in 2024, with a delinquency rate topping 6%.
It’s been a rough-and-tumble year for commercial real estate. Here are some items looking back at 2023, ahead to 2024, and at what’s happening right now.
Investor Appetite for Retail Real Estate Is Heating Up Again
The Office Market Had It Hard in 2023. Next Year Looks Worse.
Net Lease Outlook: What to Expect in 2024
Market Outlook 2024
2024 Forecast: CRE Values To Plummet by $480 Billion Following 2023’s $590 Billion Loss
Trepp: CMBS Delinquency Rate Dips in November, But Office Delinquency Rate Tops 6%
Hybrid Work Shift Leaves Office Buildings Empty with Few Easy Options
How Calgary Is Converting Empty Office Buildings into Housing
WeWork: What Does Its Fall Indicate About the Co-working Business Model?
Office Space Trends
Report: 52% of Companies Requiring Employees in the Office 1 to 4 Days a Week
“Coffee Badging”: When Employees Check in at the Office, Then Go Home To Work
Despite Tough Times, Commercial Property Pros Find Reasons To Be Thankful
Financial Stability Oversight Council Says CRE Is a Big Financial Risk
Economic Uncertainty
Small Business Optimism Plummets Amid Growing Economic Uncertainty
Some Optimistic Capital Market Predictions for 2024
Get Started in Franchising
Franchise Rankings & Awards
Franchise Sales & Development
Featured Franchise Stories
Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media.
1201 New York Avenue NW, Suite 300A Washington, DC 20005 PH. (408) 402-5681
Franchisee Financing & Lending
Site Selection & Real Estate
Supply Chain & Procurement
Annual Franchise Development Report
Multi-Unit Franchising Conference
Franchise Growth & Marketing Conference
Franchise Leadership & Development Conference
Multi-Unit Franchisee Magazine
Franchise Update Magazine
Franchise Update Franchisor Report
Franchising Express Report
International Franchise Report
Multi-Unit Franchisee Report
The multi-unit franchise opportunities listed above are not related to or endorsed by Multi-Unit Franchisee or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on December 21, 2023. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.