Bill’s Commentary:

“Yet, the stock markets worldwide are at or close to all time highs. Which market reflects the reality on the ground?”

Triple Net Investor said, “I don’t know what’s crazier…this headline or seeing office properties drop 80-90% in just a few years.”  

“Absolutely Crazy”: Vacant LA Office Tower To Be Torn Down For Just 30 New EV Charging Stations

Kyle Bass, the founder of Dallas-based Hayman Capital Management, explained last year that the office tower segment of the commercial real estate sector is in such dire straights that towers need to be demolished as demand isn’t returning. He also mentioned converting these towers into residential apartments may not be feasible in some cases. 

Read more here…

One thought on “

Leave a comment