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Barry Sternlicht: Data centers are outpacing office buildings
CNBC Television· 2025-11-12 17:30
The supply has dropped dramatically in most of the major food groups in real estate. So apartment starts will construction will be down 65% next year. The back half of the year you're still finishing this wave of properties that was started in zero interest rate environment and nobody's sitting there proforms rents flatline.Most people thought rents would go up or continue a trend line up but they went negative in many markets. So there a lot of properties under under um have construction loans but they the ...
X @Bloomberg
Bloomberg· 2025-09-18 13:14
Tishman Speyer sold a Beverly Hills office building to Kilroy Realty for about $205 million, more than double the price it paid for the property a decade ago https://t.co/8e6zIRLO2t ...
X @Joe Consorti ⚡️
Joe Consorti ⚡️· 2025-08-13 15:25
Market Trends - Data center construction is about to surpass office construction for the first time in US history [1] - High rise office buildings in major US cities are selling for pennies on the dollar, indicating a significant decrease in value [1] Capital Transformation - Capital transformation from physical to digital real estate is underway, suggesting a shift in investment focus [1]