Distressed Office Price Discovery 2026
What market-clearing prices are emerging for distressed office in 2026, and what do those prices actually mean for underwriting?
Research section
Risk, Distress & Repricing
Signals on distress, repricing, volatility, office conversion pressure, and defensive underwriting.
10 visible articles
CRE Credit Stress Snapshot Q1 2026
Where is CRE credit stress concentrated as of Q1 2026, and what does the cross-lender delinquency and distress picture mean for underwriters and investors?
BOVs as Percent of Loan Balance by Vintage and Asset Class
What do broker opinions of value (BOVs) and adjacent valuation marks imply about collateral value as a percentage of loan balance, by loan vintage, time period, and asset class?
CMBS and Special Servicing Stress Q1 2026
The 20 Times Square ground-lease loan returning to special servicing after a missed maturity is a useful reminder that gateway retail / hospitality-adjacent collateral can remain…
Office Conversion Mechanics and Economics 2026
What actually makes office conversion work in 2026, and how should underwriters distinguish between residential conversion, mixed-use reinvention, and other adaptive-reuse paths?
Office Debt Markets 2026
What does the 2026 debt market actually mean for office underwriting, and how should borrowers or buyers separate financeable office from recapitalization-only office?
California CRE — Corporate Exodus and Distress Resolution 2026
What do KB Home's Los Angeles departure and the Oakland PACE-loan REO sale actually say about California CRE in 2026, and how should the Brooklyn bankruptcy sale be used as a benc…
National Office Capital Allocation 2026
Where and how should institutional capital allocate to office real estate in 2026?
Miami and South Florida CRE Capital Allocation 2026
The May 2026 Miami-Dade office rent article strengthens the allocation case for very selective office exposure, not broad office beta. The useful signal is that 830 Brickell, Miam…
Greenway Plaza Houston Office District Acquisition 2026
What does Interra Capital Group's acquisition of the 4.5 million SF Greenway Plaza office district reveal about the Houston office market, distressed portfolio pricing, and the op…