‘Alarmist’ prediction of urban doom loop proves true across country

If you want an example of just how crazy office tower valuations have become, look no further than Burnett Plaza, the tallest building in bustling Fort Worth, Texas. The massive 40-story structure was purchased via foreclosure auction for $12.3 million in May. Three years ago, the same building was sold for about $137.5 million. In […]

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