Investors Awaiting Bargain-Basement Commercial Property
Investor's Business Daily reports: The volume of potentially troubled commercial properties, including those with loans maturing in 2009, could top more than $80.9 billion, according to Real Capital Analytics. That's in addition to the $25.7 billion of commercial mortgages that have already defaulted lately.
The distress spans all asset classes and geographies.
"On dollar values, office and retail are most in distress," said Dan Fasulo, RCA's managing director.
View the full article on Investor's Business Daily: Investors Awaiting Bargain-Basement Commercial Property
Posted by: Nina Turner