Delta Associates: National Distress Hits $187B
WASHINGTON, DC-Nationally, the total value of distressed commercial real estate has reached $187.4 billion, including properties in distress, foreclosure and lender REO, reports Delta Associates in its latest quarterly report on distressed commercial real estate, which is expected to be released this week.
The numbers, which have been compiled from Real Capital Analytics, represent an increase of 10%, or $17.3 billion, since Delta’s January report and 33%, or $46.9 billion, since November 2009.
Click here to view this article from its source.