Credit: A man walks past a building with office space for rent in Washington, DC, on March 6, 2024. The popularity of remote work in the US has emptied office buildings, a cause for worry as their value falls and owners risk losses on property loans, in turn weighing on smaller banks. "There are some institutions that will face stresses from commercial real estate," said US Treasury Secretary Janet Yellen in March 2024. But she said during a congressional hearing that overall, the country's banking system remained "well-capitalized." (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)
DC continues to be among the nation’s leaders in office-to-housing conversion
