Distressed Real Estate Community
Every commercial real estate property sector is experiencing some level of distress, creating a ripple effect industry-wide. Property owners, lenders, brokers, appraisers and even tax consultants are grappling with the fallout from non-performing loans and a sharp decline in property valuations. The Distressed Real Estate Community provides investors in-depth news and analysis, research and expert commentary.
Record CRE Loan Defaults Contribute to Rising 2010 Bank Failures
With 140 bank failures, there’s no question 2009 was a wild ride for the nation’s bankers....
Chicago’s O’Hare Airport is Ground Zero for Hotel Distress
Suburban Chicago — and the O’Hare Airport area in particular — may be the most distressed lodging market in the nation. ...
Retail Distress Highest Among Unanchored Strips, Bubble Markets
Distress is rampant in the retail sector, which leads all property sectors with $32 billion in distressed assets, according to New York-based Real Capital Analytics. ...
Mezzanine Debt: A Primer for Distressed Asset Buyers
Becoming involved with a distressed asset is like deciding to read "War and Peace", but discovering that your copy of the book starts on page 400. It takes a lot of catching up....
Profiting from Record-Breaking Distress in Multifamily Properties
The relative lack of new developments in the pipeline from 2011 to 2013 suggests that multifamily properties may generate good returns in the near-term. ...
Investors Beware of Declining Debt Service Coverage Ratios
The Mandarin Oriental is a 248-room, non-flagged, full-service luxury hotel in Manhattan’s Columbus Circle. A component of the AOL Time Warner Center, the hotel boasts two ballrooms and a 17,000 sq. ft. spa, among other amenities. ...
Chicago’s Block 37 Receivership Sits in Limbo
Block 37, the infamous lot in downtown Chicago, has drawn controversy for the past two decades as a series of developers have struggled to turn it into a mixed-use project. The latest drama surrounding the 285,000 sq. ft. retail development took place in late November when Cook County Circuit Court Judge Margaret Brennan appointed CB Richard Ellis (CBRE) as receiver for the property....
Sheraton Orlando Sale Sparks Hope for Uptick in Hotel Transactions
Mixed amid the recent wave of bankruptcies, defaults and foreclosures, there has been a trickle of hotel transactions sparking hope that distressed assets can and will be sold. ...
As Loan Delinquencies Rise, A Tale of Two Apartment Markets Emerges
Alarm bells are sounding across the apartment industry. The delinquency rate on multifamily loans structured as commercial mortgage-backed securities (CMBS) has climbed sharply,...
How to Avoid Mirages in a Desert of Distress
There is much talk about investment opportunities in light of the ongoing distress in commercial real estate. Many organizations are said to be amassing capital and building war chests to take advantage ...
