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As the retail apocalypse ends, the office Armageddon begins, says Toby Cobb, co-founder of the national real estate investment trust. 
aerial view of Lower Manhattan. New York
Owners of office buildings where the flexible space provider is a major tenant are in a predicament, whether or not the business survives.
The Philadelphia-based investment management company is assembling a portfolio of class A offices. 
A rising number of New York office deals are providing clearer pricing metrics for lenders and borrowers.
KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.
Private credit manager picks up substantial exposure to New York City offices in the deal.
The Boston-based manager’s head of research cites higher borrowing costs as a continued concern for the market.  
Sean Fulp, vice-chair and head of office capital markets for the Southwest at Colliers, believes technological and workforce changes mean previous business plans are no longer viable.
A rendering of the planned multifamily tower at 55 Broad Street in New York.
The 30-story office tower at 55 Broad Street will be redeveloped into a 571-unit luxury apartment building.
The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.
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