Because the volume of commercial real estate sales nearly doubled in 2010 from $54.6 billion in 2009 to over $100 billion, financial institutions now have a basis for establishing pricing which will allow them to decide whether or not it is in their best interest to foreclose on commercial properties in default. Here is a recent article on the subject: http://bit.ly/gZ75xw
Tags: Distressed property recapitalization, Remington Capital, Travis Schmidt