Bye Bye, Bottom

June 10, 2010 | 8:00 am ET Staff Reporter

If you're still not sure whether we've hit bottom, more investors are saying we're sitting there or past it, says DebtX EVP Tom Goodwin, who traveled from Beantown to join the National Realty Club for its bi-weekly luncheon in New York on Monday. Bisnow NY?s Amanda Marsh was there and learned that residential is leading the charge with commercial right behind, says Tom, the loan sale advisor, whose firm is working on $500M worth of deals. Banks have been raising money that can only sit on the sidelines for so long, he notes. Sales have been moving from assets to portfolios over the past six months, he's seeing increased fund formation, and over 16k buyers registered with DebtX.

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