Office

The issue, says Brookfield, isn't too much stock for demand, but not enough.

In 2022, almost 140 million people commuted to work, while 20 million worked from home.

More than 20% of the 1,700 office properties sold since January 2023 changed hands at a loss.

Newport Beach-based REIT must raise $100M in new equity or debt by July 15.

Increased use of AI may be a growing factor.

Such partnerships can help salvage investments and drive long-term growth.

Social media platform offered 150K SF SoMa building for sublease in March.

For all the emphasis corporate executives are placing on bringing people back into the office, it may not be enough.