The End of Office Space as We Know It
Our team at Lever Capital Partners has been providing commercial real estate financing for a few clients in the co-working space. As the average interest rate for commercial real estate loans keeps creeping up, our office owners are looking for additional ways to boost their NOI. Over the last couple of years we’ve been hired by firms that are trying to emulate WeWork in markets where they already have a strong office presence. The ability to get a commercial building loan is getting easier as WeWork co-working expands into smaller markets.
– Adam Horowitz, Principal of Lever Capital Partners and President of the Real Estate Capital Alliance