Commercial Real Estate Insights Podcast
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Commercial Real Estate Crisis, Rising Rates, and Adaptive Reuse Strategies
In this episode, Steve Hamoen examines the commercial real estate crisis, focusing on how rising interest rates and the pandemic affect office occupancy. He discusses banks' challenges, investment opportunities in distressed assets, and the multifamily housing sector. Steve also highlights commercial investment growth in the Asia Pacific, sector performance, and geopolitical risks. The conversation covers positive momentum in the living sector, central banks' influence, Louisville's retail market trends, and new developments. It concludes with the revival of the Scottish investment market, Toys R Us' retail strategy shift, and the potential of adaptive reuse.
Key Points
- Interest rate hikes since 2021 have dramatically impacted commercial real estate values, creating refinancing challenges for property owners.
- The pandemic has significantly altered workplace dynamics, leading to high vacancy rates in older office buildings as companies downsize.
- Despite broad market challenges, industrial properties and multifamily housing in high-demand areas remain resilient, presenting opportunities for savvy investors.
Chapters
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| 0:36 | |
| 1:52 | |
| 2:55 | |
| 3:50 | |
| 5:30 | |
| 6:47 | |
| 8:01 | |
| 11:53 | |
| 14:39 | |
| 17:00 |
Transcript
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