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Macro Finance

Boston Tower Owner Buys It Again at 68% Discount After Default

Bloomberg Markets·October 28, 2026·1 min read

A real estate investment firm bought a Boston office tower at a foreclosure auction for one-third the price it paid in 2019, a 68% discount. The purchase highlights how far building values have fallen since the pandemic, reflecting broader distress in the commercial property market.

Read at Bloomberg Markets
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