Office lending will remain difficult into 2024

by Sara Havlena

November 13, 2023
10:34 am

Office will continue to be the toughest property to finance going into 2024. The overall tightness in the credit markets will be even more pronounced for office assets. Transactions with big price readjustments and fresh equity will see available financing, although with conservative terms. There has been some return to the office directives from many companies but expect them to reduce rent expenses if the current economic headwinds persist. More

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Sara Havlena

Havlena is the editor-in-chief of Crittenden Real Estate magazine and The Crittenden Report: Real Estate Financing, Retail Tenants Report and the Multifamily Report and their respective websites. She has been an editor with Crittenden since 2007 and worked on a variety of real estate publications during her time at the company covering a wide range of topics from restaurant expansion to real estate developers. She has been the lead reporter and editor of Crittenden’s flagship publication, The Crittenden Report, since 2011. She has a degree in Print Journalism from Cal State Fullerton, and resides in Orange County, Calif.

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Office lending will remain difficult into 2024

Sara Havlena

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