We’re not here to spread alarm but to unravel the intricate web of challenges and transformations reshaping the commercial real estate sector. Join us for an in-depth exploration of what’s causing the downtown commercial real estate Armageddon and what it means for the future of these urban landscapes.

In this episode, Adam Scott, CFP® discusses the current real estate environment and potential challenges in the market. As the conversation weaves through these market dynamics, Adam reflects on the broader implications for companies. With a substantial amount of empty office space ranging from 50% to possibly 70%, businesses are confronted with the need to renegotiate leases in a landscape where real estate owners grapple with mounting challenges. He also touches on mortgage rates, decreasing demand, and increasing apartment building supply.

Adam discusses: 

• Current real estate environment and potential challenges in the market
  
• The importance of thorough calculations and understanding carrying costs in real estate investments
  
• How his wife lost money through a failing real estate investment
  
• The challenges of financing commercial real estate properties
  
• And more
  

Connect with Adam Scott CFP®: 

• LinkedIn: Adam Scott
  
• LinkedIn: WellAcre Wealth
  
• WellAcreWealth.com
  
• Phone: 310-220-4946