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commerce
shāng yè
商业
·HSK 4

US commercial real estate market in crisis
měiguó shāngyè dìchǎn shìchǎng xiànrù kùnnjìng
美国商业地产市场陷入困境
。

US commercial real estate market faced serious challenges in 2024
èr líng èr sì nián měiguó shāngyè dìchǎn shìchǎng miànlín yánnjùn tiǎozhàn
二零二四年美国商业地产市场面临严峻挑战
。

June 15, 2024 at 2:00 PM

office vacancy rates hit record highs after the pandemic
xīnguàn yìqìng hòu bàngōng chǎngsuǒ kōngzhì lǜ chuàng lìshǐ xīn gāo
新冠疫情后办公场所空置率创历史新高
。
remote work widespread adoption led to commercial real estate demand decline
yuǎnchéng bàngōng pǔjí dǎozhì shāngyè dìchǎn xūqiú xiàjiàng
远程办公普及导致商业地产需求下降
。
New York Community Bancorp suffered major losses
Niǔyuē shèqū yínháng yīncǐ zāoshòu zhòngdà sǔnshī
纽约社区银行因此遭受重大损失
。
many regional banks struggled with large commercial real estate risk exposures
duō jiā dìqū yínháng yóuyú shāngyè dìchǎn fēngxiǎn chǎngkǒu guò dà ér miànlín kùnnjìng
多家地区银行由于商业地产风险敞口过大而面临困境
。
rising interest rates further increased property financing costs
lìlǜ shàngshēng jìnyībù jiāzhòng le dìchǎn róngtī chéngběn
利率上升进一步加重了地产融资成本
。
developers struggled to secure financing or were forced to sell projects
dìchǎn kāifāshāng nányǐ huòdé róngtī huò bèipò chūshòu xiàngmù
地产开发商难以获得融资或被迫出售项目
。
analysts believe
fēnxī rénshì rènwéi
分析人士认为
，
the commercial real estate market needs time to recover
shāngyè dìchǎn shìchǎng xūyào shíjiān cáinéng huīfù
商业地产市场需要时间才能恢复
。

New Words

kōngzhì lǜ
空置率
vacancy rate
bàngōng chǎngsuǒ
办公场所
office space
yuǎnchéng bàngōng
远程办公
remote work
shāngyè dìchǎn
商业地产
commercial real estate
róngtī
融资
financing
lìlǜ
利率
interest rate
chéngběn
成本
cost
kāifāshāng
开发商
developer
fēngxiǎn
风险
risk
huīfù
恢复
recover

News in English

Business

US Commercial Real Estate Market in Crisis

The US commercial real estate sector faced severe stress in 2024 as office vacancy rates hit record highs, straining banks with exposure.

Office vacancy rates hit record highs after the pandemic. Remote work widespread adoption led to commercial real estate demand decline. New York Community Bancorp suffered major losses. Many regional banks struggled with large commercial real estate risk exposures. Rising interest rates further increased property financing costs. Developers struggled to secure financing or were forced to sell projects. Analysts believe the commercial real estate market needs time to recover.

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réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
，
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
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huíluò
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United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
，
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
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to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
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一周
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international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
，
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
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bǎifēnzhī yī diǎn sān
1.3%
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OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

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