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The loan will help transition to the office into a larger multifamily space.

The moves increases the company's property portfolio by 19 percent, in terms of square feet.

New York leads the way, followed by Houston.

Hotel, healthcare, and industrial saw increases while retail, office, and multifamily dropped.

Even the industry might be thankful in the final view.

Some companies find office space cannot accommodate employees on high-attendance days.

Utilization continues to face challenges as hybrid work has become the new norm.

Owners have an opportunity to add benefits such as security, storage yards and other improvements.