WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?
Allwork
AUGUST 22, 2023
percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” In the first half of 2023, the delinquency rate rose from 2.75% to 4%. This raises questions for U.S. real estate as well as U.S. commercial banks. “In the second quarter of the year, average vacancy rates hit 31.6 real estate, U.S.
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