By Dr. Harold Hunt, Research Economist published in TIERRA GRANDE January 2012
Investors are still expecting a deluge of distressed commercial real estate to pour into the market. The question remains: "When?"
Overall, commercial real estate sales are on an upswing. According to Real Capital Analytics, national sales volume for 2011 should top out near the $200 billion mark. Although that is only a third of the 2007 peak, it is significantly higher than 2010’s $120 billion.
Meanwhile, signals regarding the sale of distressed commercial property are more mixed. A variety of factors are affecting sales volume,including property location, type and the availability of financing. To understand the dynamics of this sector, the Center consulted several Texas-based commercial real estate professionals.
Read more..."The Trouble with Troubled Assets via Real Estate Center at Texas A&M University"