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Impacts of Post-Covid Office Space Market on Owners, Tenants, and Lenders
Impacts of Post-Covid Office Space Market on Owners, Tenants, and Lenders
The post-Covid period has been marked by a sharp decline in the office space market. Demand is down, vacancies are up, and many landlords have been forced to lower rents below what they would have offered before the pandemic. However, many of these owners either bought or re-financed their properties relying on rent expectations that