Interesting take on distressed asset sales from the point of a bank. More foreclosures and pricing pressure on B or C class properties coming over the next few years. From the point of view of Raymond Lowe. He manages the Downtown Los Angeles offices of Wells Fargo’s Commercial Real Estate Banking Group, a commercial real estate lender for medium and larger-sized customers.
These videos are worth watching.
Watch Videos...State of Commercial Distressed Assets from the Bank Prospective - Raymond Lowe Managing Director Wells Fargo Banking Group - Commercial Real Estate Professionals & Investors Group
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