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Opportunity knocks for investors as distressed asset sales increase

Although this post isn’t about distressed assets in the United States, it is still worth the read.

The long awaited disposal of distressed assets in the UK is gathering pace, according to the latest research by commercial property firm Lambert Smith Hampton (LSH), UK Investment Transactions (UKIT) Q2 2011. The report recorded £6.6bn worth of investment transactions in quarter two, of which just below £1bn were distressed. This could herald an increase in sales, a trend which has been anticipated for some time.

Multifamily property sales hit extremes in metro area

Interesting read on the sale of multifamily properties.


Sales of distressed assets made up 88 percent of transactions for pre-1980 properties the first six months of 2011, he said, “really weighing down the average for the earlier-vintage apartments.”

Distressed Asset Management Considerations

Here’s a good warning to those who own or are thinking of purchasing distressed assets. There are certain things you have to think about that you may not have to consider with a new property.

By Amanda Fung | Crain’s New York

Three Brooklyn landlords of distressed properties were arrested Tuesday for failing to comply with court orders directing them to correct hazardous housing violations on their properties and failing to appear in court, the city Department of Housing Preservation and Development announced Wednesday.

World commercial property Q2 sales up

It’s always good to report on news like this recent article from Reuters…

Global commercial real estate sales rose 47 percent in the second quarter from a year earlier to $101 billion and are on track to reach or top $440 billion for the year.