A $300 million office tower in San Francisco is expected to sell for $60 million, 80% less than what it was worth 4 years ago.
— The Kobeissi Letter (@KobeissiLetter) April 28, 2023
San Fransisco now has a 30% office vacancy rate, the highest in history.
The commercial real estate crisis is real. pic.twitter.com/7gMOgKIFHt
The concept of even comprehending this blows our minds…
https://www.msn.com/en-us/news/technology/new-james-webb-space-telescope-image-shows-45-000-galaxies-in-unprecedented-de...