Boston Wins Top Bond Rating as Questions Surround Downtown Property Values
Both Moody’s Analytics and S&P Global said office tower values could fall further, but many homeowners can afford to pick up the slack in city property tax collections.
Both Moody’s Analytics and S&P Global said office tower values could fall further, but many homeowners can afford to pick up the slack in city property tax collections.
Things are starting to look up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed and struggling to pay rent.
The distribution of COVID-19 vaccines is fueling optimism that Americans will increasingly return to the ways they used to shop, travel and work before the pandemic.
Office rents are expected to decline by 14.3 percent in Greater Boston while retail rents drop 9.7 percent in 2020 as the two property sectors absorb the effects of the COVID-19 pandemic, according to a research report.