Day: February 16, 2021
Day: February 16, 2021
February 16, 2021
KBS, Newport Beach, Calif., completed three refinances totaling $527 million for assets in Chicago, San Jose and Charlotte, N.C.
February 16, 2021
The threat of shorter office lease terms has been looming over the commercial real estate industry for several years. Companies first braced for the potential impact of new standards from the International Accounting Standards Board (IASB) recognizing all leases on the balance sheet, which took effect in January 2019. Then, the office leasing world was hit with additional challenges from COVID-19 as many companies opted to work from home and re-evaluated the role of their physical office space.
