Commercial real estate pain good for some
The Deal reports: Private equity funds that are targeting investing in distressed commercial properties in the U.S. have their fair share of financially troubled buildings from which to choose.
Nationally, research firm Real Capital Analytics found 5,315 troubled commercial properties valued at more than $108 billion. One of the trouble spots is the U.S.' second-most populous city, Los Angeles, which has 263 commercial properties valued at $4.5 billion that are in default, foreclosure or bankruptcy.
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Posted by: Nina Turner