Commercial real estate credit crunch lands Baltimore on troubled assets 'radar'
The Baltimore Business Journal reports: The Baltimore-Washington, D.C. region ranks fifth in the nation for metropolitan areas hardest hit by the nationwide credit crunch, with more than 160 properties in financial trouble or at risk for foreclosure, according to a new study.
Industry research firm Real Capital Analytics identified 162 distressed or potentially troubled assets in the region, representing more than $4 billion in commercial real estate.
The New York-based Real Capital Analytics, which tracks data including real estate property sales across the nation, identified the properties as part of its Troubled Assets Radar. The tracking system was created to identify investment opportunities for interested buyers.
View the full article on The Baltimore Business Journal: Commercial real estate credit crunch lands Baltimore on troubled assets 'radar'
Posted by: Nina Turner