Shorter Leases = More Difficult Underwriting 

Credit: World Construction Today

Economic News 

Shorter Leases = More Difficult Underwriting 

Among the ongoing debates and difficulties facing the future of the office market in what wake of the ongoing pandemic, many tenants are opting for shorter lease terms to maintain options in determining their office footprints down the road. This is creating challenges for investors and lenders when it comes to underwriting deals. Uncertainty about the future was a key contributor to office property sales’ 40 percent drop over the course of 2020. (Source) 

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