Distressed commercial real estate represents the largest structural reset in modern office market history. This fundamental transformation compresses a decade-long cycle into 24-36 months, driven by banking sector resolution, breakthrough adaptive reuse technologies, and unprecedented policy support creating generational investment opportunities across distressed debt, conversion development, and repositioned office acquisitions.
Learn MoreWatch NowMembers have exclusive access to all of the following in the month of December.
Want to understand the "Why Now" behind investing in Distressed Commercial Real Estate? Download our white paper, "Distressed CRE: Structural Reset, Once-in-a-Generation Opportunity."
DownloadWe're hosting conversations with leading investors and entrepreneurs deploying capital across Distressed CRE.
Learn moreIn the month of December, meetperry members have the opportunity to attend in-person events focused on Distressed CRE.
Learn moreInstitutional capital is flowing into Distressed CRE, but quality information remains scarce. Access our member-exclusive videos to gain essential insights.
Our investment team is taking you deep inside the Distressed Commercial Real Estate investing opportunity with exclusive access to leading investors and business owners in the space.
Join us on December 17, 2025
Join us for a conversation with Jon Bloomberg, Partner at LEFT LANE Development, as he shares his firm's strategy for generating outsized returns from commercial real estate dislocation. Bloomberg, who brings two decades of experience spanning institutional real estate and experiential hospitality, will discuss LEFT LANE's approach to acquiring historic office buildings in secondary markets at significant discounts to replacement cost and converting them into luxury hotels and multifamily properties.Drawing from his experience as founder of Bloc, Inc. and roles at Winston House and The Waterfront Venice, Bloomberg will explain the practical mechanics of Left Lane's adaptive reuse strategy: how to identify conversion candidates, structure acquisitions at discounts to replacement cost, and leverage Historic Tax Credits alongside government incentives to achieve an attractive basis.
Email meetperry Concierge$116 billion in distressed office assets face resolution as banks reduce charge-offs and Manhattan posts seven consecutive quarters of above-average leasing. With 23.5 million square feet converting to residential in New York City alone and policy support transforming economics, Distressed CRE represents a once-in-a-generation structural reset comparable to the S&L Crisis.