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Public Info posted an update 2 years, 9 months ago
The new normal for Commercial Real Estate (CRE):
Properties are selling for less than half of what they were worth just 5 years ago.
A downtown Los Angeles office building that sold for $92.5 million in 2018 just sold for $44.7 million.
2 days ago, the Aon Center, Los Angeles'… pic.twitter.com/7rmoZKJYer
— The Kobeissi Letter (@KobeissiLetter) December 27, 2023
