Sooner or later, commercial real estate’s day of reckoning had to come. Following an era of “cheap money” that stretched all the way back to the 2008 housing crash and Great Financial Crisis, fueling an “everything bubble” that coincided with an age of “superstar cities” and their mega-valuable office buildings, […]

Between significant tech layoffs and continuing economic headwinds, it was fitting that one of the last major commercial real estate moves of the year in San Francisco was an office building being listed for sale at a massive discount.  The 20-story office tower at 33 New Montgomery St. is being […]