Distressed or Value-impaired? Savvy Investors Understand the Difference
June 14, 2024
Since the early days of the COVID-19 pandemic, investors have been waiting on the sidelines to take advantage of distressed properties, hopeful that the event would trigger something akin to the steep discounts available during the Global Financial Crisis. However, banks have learned lessons from the GFC, and this time around have been more cautious to unload their book of CRE loans. As a result, there have been fewer distressed opportunities in this current economic cycle.
