San Francisco is terrible but Portland's real estate office market is downright scary

The iconic American Bank Building near the courthouse recently sold for $13.6 million which equates to a shocking ~$75 a SF 🤯

The last time the building changed hands was in 2014, at $45.1…

Triple Net Investor Working hypothesis: the magnitude of CRE collapse in a city is proportional to how progressive that city is. Thoughts?