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Real Estate | Office glut not sinking lenders, but too many…
Sunday, May 17th 2026

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Office market downturn not swamping financial system, but too many apartments might

Debate exists whether market can absorb record levels of apartment construction

Metro Denver has added more than 21,000 apartments the past 12 months, double the average annual pace seen in the years before the pandemic.
Denver and the country as a whole are seeing very high levels of new apartment construction. Lenders have absorbed a glut in the office market, but they may not be able to handle an apartment glut. The verdict is out on whether tenants will be there to fill all the units. (Photo by Hyoung Chang/The Denver Post)
DENVER, CO - NOVEMBER 8: Aldo Svaldi - Staff portraits at the Denver Post studio. (Photo by Eric Lutzens/The Denver Post)
By | asvaldi@denverpost.com | The Denver Post
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Investment in commercial real estate is at its lowest levels since 2013, office buildings are selling at steep discounts, and commercial construction is slowing dramatically, aside from apartments.
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