The San Francisco Office Tower was worth $300 million four years ago, but is now for sale, with some estimating it will sell for 80% less, as reported in The Wall Street Journal (and by the way, it’s mostly empty). Meanwhile, in Dallas, nearly 6 million square feet of office space is under construction, amid a corporate project surge, as mentioned in The Dallas Morning News.
Headlines such as these serve as examples of the ongoing fluctuations in real estate markets. For beginning and veteran investors, there are always risk levels to factor in when making decisions. Some properties are more likely to generate a safe return, while others have a less certain forecast. (And keep in mind, what is a disadvantage for some might be an advantage for others!)
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