DISTRESS BUYS MOUNT

Special servicers taking control of defaulted commercial properties shows no real signs of slowing down, according to the latest data from Trepp. And LaVista Associates' Tom Davenport says it will probably remain at this level for some time. ?I think the trend that was evidenced based on this data for 2010, will continue in 2011,? Tom says. This is due in part to the servicing community looking toprotect the value of its commercial assets as conditions deteriorate, Tom says.

Continue reading this story with a free account

Log in or register
Related Topics: Tom Davenport
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030