As Era of “Extend & Pretend” Ends, More CRE Shopping Begins

As the “extend and pretend” period of the Great Recession wanes into a period of true loan modifications, lenders and note holders appear to be forcing more distressed loans into the marketplace. And in turn, institutional investors, who were disappointed in the relatively slim pickings available in the distressed markets after raising enormous sums targeted for acquisition in 2009 and 2010, seem to be back on the hunt for more opportunities in investment…
National Commercial Real Estate News From CoStar Group