🙋♂️ 𝐃𝐞𝐚𝐫 𝐞𝐓𝐨𝐫𝐢𝐚𝐧𝐬 𝐚𝐧𝐝 𝐅𝐨𝐥𝐥𝐨𝐰𝐞𝐫𝐬,
🏠 Another indication that the Commercial Real Estate crisis may be more severe than anticipated?
🏢 The Xerox building in Washington DC recently sold for $25 million.
💰 It was previously bought for $145 million just over a decade ago, in 2011.
📉 This represents an 83% LOSS!
🏙️ The purchaser intends to convert the property into an apartment building.
‼️ Headlines like these are becoming increasingly common on a daily basis.
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$XRX (Xerox Corp)$SPX500$NSDQ100$ZG (Zillow Group Inc)$GOOG (Alphabet)... Show More
