Kevin Fagan

Office investments were supposed to be dead by now. 2020 was supposedly the great exodus, where on-site workers were freed of their commutes, small talk, and trips to the water cooler. We were sold a future where remote work was the only option, where everyone had an at-home standing desk, and nobody needed to wear pants. But, this didn't last long, as companies slowly started taking steps to get workers back into the office, making owners of the offices wealthy once again.But, with so many companies trying flexible schedules, prioritizing work from home, and renewing their video conferencing subscriptions, will office space still be the same as it was just a few years ago? On this month’s BiggerNews, we brought on Kevin Fagan, Senior Director and Head of CRE Economic Analysis at Moody’s Analytics, to give us the scoop on office investing and commercial real estate in 2022.Kevin’s team works diligently going through the data behind office investments, highlighting whether or not leases are renewed, how rents are being affected, and if office buildings are truly being abandoned. He brings some good news not only for office space investors, but for real estate investors as a whole, showing that this niche won’t be going away anytime soon. With coworking and residential conversions on the rise, office building investments could be a far smarter move than most investors would assume.In This Episode We Cover:How office space investing fared through the pandemic and how far occupancy rates fellComparing today’s office investing environment to 2008’s and the stark differences between the twoOffice occupancy forecasting and when the data predicts a full recoveryHow unemployment rates will affect office investors and whether or not employers will force workers back into the officeThe best real estate markets to invest in office space and which big metros to definitely avoidThe benefits of office investing compared to residential real estate and why this low-turnover niche is worth itAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDave’s BiggerPockets ProfileDave’s InstagramInvesting in Office Buildings—A Beginner’s GuideThe Coming Collapse of Downtown Office Real EstateConnect with Kevin:Kevin's LinkedInClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-682Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin Fagan, a Chronicle reporter, discusses a nonprofit program that matches up strangers to prevent displacement in San Francisco. Topics include the benefits and challenges of finding roommates, the unique interior decor of a successful match, and the prevention of homelessness through roommate matching.

Kevin Fagan, senior commercial real estate economist at Moody's Analytics, draws on CMBS and banking-focused CRE analysis. He discusses why office recovery is uneven, multifamily faces supply-driven strains, and retail shows a quiet comeback. The conversation highlights price dispersion across property types and how maturities, workouts, and capital shifts shape near-term risks.