UCLA Anderson Forecast reposted this
New office development has come to a halt across California and survey respondents from the Summer 2024 Allen Matkins/UCLA Anderson Forecast CA CRE Survey expect they will be required to hold more equity in their projects over the next three years, but there is cautious optimism for vacancy rates in existing space. Anthony Burney, partner and chair, San Francisco Real Estate Practice, dives into the outlook for the office sector. 🔗Read the report: https://hubs.li/Q02JT_5j0 #CommercialRealEstate #CRE #Office