News December 30, 2024

Top 2024 US Office Deals Show Survival Strategy in Brutal Market

Bloomberg reported that US office sales in 2024 showed a split market: owners of premium buildings attracted new investments, while others sold struggling properties at deep discounts. This mixed activity helped boost total office transactions through November by 17% compared to 2023, MSCI data shows. With distress mounting, alternative lenders and investors readied new capital. Commercial-property lender Madison Realty Capital closed a debt fund at $2.04 billion in equity commitments.

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