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Jonathan Price Financial Expert | What Happened to WeWork?

Allwork

Guest Episode Video Transcript Jonathan Price Financial Expert Jonathan Price is an experienced commentator and authority in the coworking sector, having advised on its financing and valuation for over two decades. Jonathan Price [00:01:31] It’s very kind of you, Jo.

AT&T 218
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It’s Time To Rethink Office Valuation Models

Allwork

occupancy rates are at the highest ever level, with overall occupancy at 83% and nearly half (42%) of spaces reporting 90% occupancy. conventional office vacancy has jumped 65% in the last three years. Valuation and financing has historically been driven by traditional securitized long-term leases.

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2023 Financial Forecast: How to Prepare for the Year Ahead

Success

Back in June, scientists reported that Earth had its shortest day since the 1960s, making its full axis turn milliseconds faster than expected. Now, for the good news: Although there’s bound to be factors that are beyond your control, feeling more confident about your finances can help you navigate whatever comes your way.

2023 306
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Offices In The US Are Half-Empty, Which May Impact Banks

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The commercial real estate market has taken a huge hit in the past few months, with US prices plummeting by a staggering 15% from their previous high in March. Hybrid and remote work continues to be a dominant force in America, leaving building owners with the challenge of reduced rental income.

2008 210
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Commercial real estate lending hits ten year low

Workplace Insight

New lending for commercial real estate fell 33 per cent last year to its lowest level since 2013, according to the latest bi-annual report from Bayes Business School, (formerly Cass). Other key findings from the report, which covers data up to December 2023, include: All lender groups were affected by the decline in lending appetite.

Finance 59
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Workplace Stress Is Crushing Young Employees

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Gen-Z appears to be the most stressed cohort of workers; a recent BBC report revealed that a staggering 91% of 18-24-year-olds are stressed (compared to 84% of employees overall). Now, a more recent BBC report highlights the issue again, and focuses specifically on why Gen-Z, more than any other generation, is so prone to workplace stress.

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WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?

Allwork

MSCI Real Assets reported $64 billion of distressed CRE loans at the end of Q1 2023, with another $155 billion said to be “in the pipeline.” Driving both the high vacancy rate and the consequent rise in distressed CRE debt is the reluctance of American workers to return to pre-Covid patterns of working.