Commercial Real Estate Outlook for 2024, Foreign Investment Declines

A transition point for commercial real estate in 2024 as challenges and opportunities arise. Foreign investors cooling on U.S. commercial real estate. Plus, a Colorado bill proposes turning office buildings into apartments for a tax credit. Also, controversy surrounds a zoning board's denial of a request to decrease commercial space in a mixed-use building.

Sources:
https://seekingalpha.com/article/4669201-commercial-real-estate-in-2024-transition-point
https://www.marketplace.org/2024/02/09/foreign-investors-are-cooling-on-u-s-commercial-real-estate/
https://coloradonewsline.com/2024/02/09/offices-apartments-tax-credit-colorado/
https://www.amherstindy.org/2024/02/09/zba-denies-archipelagos-request-to-decrease-commercial-space-at-mixed-use-building-planned-for-atkins-corner/

Outline:
(00:00:00) Introduction
(00:00:44) Commercial Real Estate In 2024: A Transition Point
(00:02:56) Foreign investors are cooling on U.S. commercial real estate
(00:05:08) Turn office buildings into apartments and get a tax credit, Colorado bill proposes
(00:08:05) ZBA Denies Archipelago’s Request to Decrease Commercial Space at Mixed-Use Building Planned for Atkins Corner