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Given the embargoes on Black participation in America’s real estate markets, it would be easy to assume Black history in CRE.
BK Partners has listed for sale a 1.56-acre tract at 800 E. Brooklyn Village Ave. that is targeted for office development.
While the rise of remote work has slammed the office market, high interest rates have pushed commercial real estate to the brink of a massive default.
Business leaders across the commercial real estate landscape offer weary assessments on whether capital markets will recover from 2023.
There was some optimism at a recent Commercial Observer gathering in Beverly Hills, but then the national economic climate showed up.