It has taken years to mop up the flood of distressed assets and troubled commercial real estate loans that hit the market in the wake of the recession. Although the clean-up is by no means complete, it is definitely moving closer to that end goal. “Based on raw data, clearly a lot of the troubled assets have been cleared up and resolved,” says Steven Schultz, executive managing director with the loan sale advisory group at NGKF Capital Markets in New York City. Nearly two-thirds ...
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