Banking, real estate leaders: Office woes likely to persist into 2024
DENVER — It might take another year or two for the office real estate market to crater, but investors are making preparations to pounce on deals as soon as it does.
While there are opportunities ahead for savvy deal-makers, the ongoing woes are creating a challenge for landlords and bankers, experts said during a panel discussion at the Colorado Business Economic Outlook Forum held Monday in Denver.
Participants included Real Capital Solutions CEO Marcel Arsenault, Koelbel & Co. chief operating officer Carl Koelbel, Quarterra city president Chris Gillies and U.S. Bank senior vice president James Payne.
“Office is a four-letter word now,” Arsenault…
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