CRE is doing better in cities where tech dominates
In smaller U.S. metros, big tech can mean the difference between boom and bust for commercial real estate.
Exceptional office leasing performance, driven by tech companies who have continued to pay on time even though they’re employees are working remotely, has driven the average occupancy rate up to 95 percent and the overall CMBS loan delinquency rate down to 1.3 percent — the lowest among secondar…
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