How the Oil Bust is Crushing a Downtown of Office Towers by Wolf Richter • Jul 21, 2016 • 24 Comments Commercial real estate in Calgary, the epicenter of the Canadian oil bust with 1.2 million people, is collapsing at a breath-taking rate.
Ultimate Market Timer Sam Zell: “Know What the Problem Is?” by Wolf Richter • May 27, 2016 • 34 Comments Gets even gloomier, hammers ZIRP, starts selling.
Blackstone Deal Hammers San Francisco Commercial Real Estate by Wolf Richter • May 15, 2016 • 35 Comments Signs of a bust pile up.
Silicon Valley Commercial Property Boom Ends, Totally Exposed to Big-5: Apple, Google, Facebook, Amazon, LinkedIn by Wolf Richter • May 12, 2016 • 25 Comments This could get very ugly!
“Market is on Edge”: US Commercial Real Estate Bubble Pops, San Francisco Braces for Brutal Dive by Wolf Richter • May 6, 2016 • 51 Comments “All it takes is a couple of big tech companies folding and the floodgates open, causing the sublease market to blow up, rents to drop, and new construction to grind to a halt.”
It Starts: San Francisco Office Boom Deflates, but Fitch Says It’s “Unlikely to Collapse” this Time by Wolf Richter • Mar 22, 2016 • 27 Comments Other tech-heavy office markets too.
It Starts: Tech Trouble Mucks up Silicon Valley Real Estate Party by Wolf Richter • Jan 3, 2016 • 23 Comments Yahoo tries to “quietly” dump its Holy Grail property.
Bone-Chilling “Plateau” in Apartment Boom Resurfaces, Smartest Money Bails Out by Wolf Richter • Dec 17, 2015 • 25 Comments Last time a “plateau” was declared, the market crashed.
Industry Holds Breath for Craziest-Ever Commercial Property Boom to Implode by Wolf Richter • Dec 7, 2015 • 24 Comments “If this isn’t the peak, we’re probably close.”
Fed Trips over Commercial Real Estate Bubble, Sees “Early Signs” of “Search for Yield” by Wolf Richter • Nov 10, 2015 • 28 Comments Intoxicating boom and terrifying bust.