With lower occupancy rates and higher interest rates, commercial real estate is confronting significant challenges. And according to “Shark Tank” star Kevin O’Leary, a downturn in the sector could have repercussions beyond real estate. “Many of these are office spaces that are in subgrade markets,” O’Leary said in a recent interview with Fox Business. “But even in cities like Boston, you find lots of vacancies, you know, up to 40% of buildings. And the challenge is, in every other real estate cy
This post was originally published on this site be sure to check out more of their content.
