DC Commercial Real Estate Crisis: Dupont Circle Office Sells at 77% Discount, Reflecting Wider Market Turmoil; $8B in CMBS Loans, 18% Delinquency in October

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DC Commercial Real Estate in Crisis: Dupont Circle Office Building Sells at 77% Discount, Plunging $72M from 2016 Price. The $21M transaction is over $50M less than 2019, with the previous owner, a co-working company, defaulting on a $65M loan. Amidst reports of owners surrendering keys to lenders, the city is in the early stages of a concerning trend, casting a shadow over the future of its real estate landscape.

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