You’re likely seeing the headlines — office CMBS delinquencies reaching record levels and lenders increasing pressure on certain properties.
From a brokerage standpoint, here’s what that really means:
We’re entering a phase where strategy, positioning, and execution matter more than ever.
Much of the financial stress is concentrated in older office assets with upcoming loan maturities, limited reinvestment, or high vacancy. In many cases, these properties weren’t repositioned early enough for today’s leasing environment.
For brokers, this environment requires:
▪️Honest valuation guidance
▪️Realistic lease-up timelines
▪️Creative solutions for challenged assets
▪️Strategic tenant targeting
Stress in the lending market doesn’t automatically mean collapse. It means assets will separate based on quality and strategy.
In North Houston and The Woodlands, office isn’t one story — submarket, building class, and sponsorship matter.
In this cycle, informed positioning will outperform passive ownership