US Commercial Real Estate Faces Steepest Decline in 50 Years, Dallas Remains Top Spot for CRE Investment

The US commercial real estate market is experiencing one of the steepest declines in decades, surpassing previous rate-hike cycles, according to the International Monetary Fund. Meanwhile, Dallas-Fort Worth maintains its position as the top spot for commercial property transactions in the US, despite a significant drop in annual transaction volume. Additionally, Dallas-Fort Worth leads the country in office construction, defying the national trend of oversupply. Plus, the Florida Department of Revenue allows tax savings for donators of homes and commercial property to charities.

Sources:
https://www.rprealtyplus.com/allied/us-commercial-real-estate-steepest-price-decline-in-50-years-113795.html
https://www.bisnow.com/dallas-ft-worth/news/commercial-real-estate/dallas-holds-top-spot-for-us-cre-investment-in-2023-despite-plummeting-transaction-volume-122548
https://www.dallasnews.com/business/real-estate/2024/01/24/dallas-fort-worth-leads-country-in-office-construction/
https://www.einnews.com/pr_news/683663301/florida-department-of-revenue-allows-donators-of-homes-and-commercial-property-to-charities-to-save-on-taxes