CRE vet who advised on $8 billion of deals says 30% of of...

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·2 years ago
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CRE vet who advised on $8 billion of deals says 30% of office buildings are ‘basically worth nothing’ and ‘just have to be torn down’
fortune.com

CRE vet who advised on $8 billion of deals says 30% of office buildings are ‘basically worth nothing’ and ‘just have to be torn down’

“It’s the most adaptable that survives,” says housing analyst Fred Cordova, who sees a lot of demolition ahead.

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